The address: 17 Swanward Court, Parnell Road, Harold's Cross, Dublin 12.

The property: four-bed end-terrace house asking €395,000.

The agent: Douglas Newman Good.

The landscape:Swanward Court is a gated development off the Grand Canal close to Griffith College and the city centre.

The features: the 82sq m (871sq ft) three-bed house has been remodelled as a four-bed with three double bedrooms and one single. There is parking to the front, a decent rear garden and it is in good condition – but new owners are likely to update.

How much for an owner-occupier?First-time buyers borrowing 92 per cent of the property price over 35 years would have repayments of €1,297 per month. This is on AIB's one-year fixed rate of 2.49 per cent (APR 3.24 per cent). Repayments on the bank's variable rate of 3.65 per cent (APR 3.7 per cent) would be €1,530 per month over 35 years.

How much for an investor? The maximum loan AIB will consider for an investment property is 85 per cent of the value, with up to 100 per cent loan-to-value considered for portfolio investors, subject to overall LTV of portfolio not exceeding 75 per cent. The maximum term is 25 years. At AIBs buy-to-let two-year fixed rate of 3.8 per cent (APR 4.43 per cent), the repayments would be €1,732 per month. On an interest-only basis the monthly repayments would be €1,245 (based on a variable rate of APR 4.53 per cent).

Potential?It is renting for €1,800 a month.

Verdict?Investors on either a full repayment or interest-only repayment will cover their monthly costs. This is not taking into account maintenance fees (€500 a year) or any costs to furnish or redecorate the property.

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