Small private landlords are quitting ‘in their droves’, says seller of Glenageary house – The Irish Times

A smart mid-terrace Dalkey three bed sits in a secluded 1990s scheme of just nine houses tucked away off Arkendale Road not far from Glenageary Dart Station.

It was purchased as an investment property in 1999, but its owner has reluctantly decided to sell because he says it is no longer viable to continue to rent it following the introduction of rent pressure zones which restrict landlords’ ability to move with market rates.

Number 3 Arkendale Court, Dublin Upstairs, there are three good-sized bedrooms

“Rent levels were reduced in the wake of the collapse of the Celtic Tiger and then were frozen at an unrealistic level while the market recovered. If market rents were achievable the property could be held long term and money spent on improvements to keep the tenants content,” says the owner, whose tenant of 10 years has had to move out in order to

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