Cork Property Thread

dunit

what would the reasoning for this house being priced at this level? Seems bit on low side for a detached. Would this be a flood risk area?

https://www.daft.ie/for-sale/detached-house-36-copper-valley-vue-glanmire-glanmire-co-cork/4085630

ShamoBuc

https://www.boards.ie/discussion/comment/119639279#Comment_119639279

Those houses in that row flooded 8 or 9 years ago I think, when there was serious flooding in Cork in general, nothing since. They put in a double speed ramp at the entrance to aid protecting the houses after the flood. With all the work going on clearing culverts etc in Glanmire I wouldn't be too worried about it flooding again to be honest, but getting insurance could be an issue.

It's a nice area, very short walk to the 2 primary schools and Glanmire Community College. Gaa club around the corner etc, well located in fairness.

SummerK

New phase @ Castle Heights, Carrigaline launched today. 

3-Bed Semi (120 Sq.m) @ 375k

4-Bed Semi (145 Sq.m) @ 420K 

4-Bed Detached (188 Sq.m) @ 540K

Prices have gone up by 15-20k in the last 5-6 months. Good progress IMO as I recall a friend of mine bought a 4-Bed semi for €355K Q4 last year which is not delivered yet.

crayon80

https://www.myhome.ie/residential/brochure/38-woodhaven-bishopstown-cork-city/4643866

Look at picture 4 - they're trying so hard to make the garden look bigger they've turned the car into a stretch limo lol

I'd be painting over that red wall with the face on it too

€320k seems high but I assume it's because of the area?

Timing belt

https://www.boards.ie/discussion/comment/119644318#Comment_119644318

Your guaranteed rent with students so if you average 600 a room per month you get a yield of 6.75% which supports the price

https://www.boards.ie/discussion/comment/119644486#Comment_119644486

Very few buy to rent in that area any more as the dedicated student accommodation comes on board. That will be bought by a family, as most of the houses in that estate are now. I am not sure there are any students in there. Same with Tiffany Downs next door, either young professionals renting or families, but again new houses being bought by young families as they are relatively affordable and in a good location.

sarahc25

Does anyone know whats happening with thr development in Cloughduv..River Meadows. By the GAA pitch? When are they supposed to be ready?

crayon80

https://www.myhome.ie/residential/brochure/64-fernway-classes-lake-ballincollig-cork/4647746

€280k for a 4bed in Ballincollig, that's good value in this market. Even if it is a duplex.

crayon80

The other end of the scale.. who in their right mind valued this at €1.25m 😂

https://www.myhome.ie/residential/brochure/dun-padraig-bishopstown-avenue-model-farm-road-cork-city/4648276

.red.

https://www.boards.ie/discussion/comment/119710964#Comment_119710964

The price looks crazy considering the inside looks like it's from the 70's.

It's a stone's throw from CUH, and walking distance from UCC and MTU, has 5 bedrooms and a very decent garden. Rental on it would be a mental price so it'll easily go for asking or very close to it.

I wouldn't spend it myself tho if I'd that kind of money for a house.

Faith

https://www.boards.ie/discussion/comment/119711673#Comment_119711673

It's almost literally on the grounds of CUH. Probably a 3 minute walk to the door of the outpatient's department, with parking and a large garden. It's across the road from a primary school and very near a secondary school. It's also an area that's a nightmare to commute to, so I'd say it would be incredibly attractive to anyone working at CUH, whether a family or renting out the rooms separately.

.red.

https://www.boards.ie/discussion/comment/119711743#Comment_119711743

Yep, you could almost tarmac the front garden and rent out parking spaces. Staff parking in CUH can be an absolute nightmare, I know a lad who lets his friends daughter park in his drive, about 5 mins walk down Wilton road and she says unless the weather is horrendous, it's much quicker and handier than parking in the staff areas.

Hibernicis

https://www.boards.ie/discussion/comment/119710964#Comment_119710964

Priced as a development play. Kilconor, the house next door, of similar vintage and scale, was knocked 10 years ago and replaced with four of those very large neo Victorian revival manshoons beloved of certain Cork suburbs, shoo-horned in so they almost form a terrace. This site, though shallower, could comfortably host three similar million plus plus monsters. As previously pointed out the location is ideal for the high rollers associated with CUH.

Wab0607

A family member asked my opinion on this property. She's relocating to Cork and plans on viewing it next week. For the price it seems ok to me, like there isn't too much to do, just make it her own cosmetically? Anything else I'm seeing online in this price range for 3 bedrooms in the area seems to need a lot of work or has a low BER and an upgrade or refit wouldn't be for her. Any thoughts on whether it might go over asking?

https://www.daft.ie/for-sale/terraced-house-9-ardfield-view-grange-douglas-co-cork/4265956

Faith

Looks from the ad like it’s been a rental property so I’d be looking thoroughly at the less obvious maintenance side rather than cosmetics. It superficially looks fine but you’d never know what it’s like under the surface.

I can’t guess as to whether it would go over asking or not, but it’s very small, terraced with no side access, and deep into a large housing estate in a busy area, which wouldn’t be attractive features to a lot of people, so it’s probably not too likely to go over asking. Grange used to be regarded as rough around the edges, but I don’t know if that has changed in recent times (and it was a relative perspective, for sure).

In any case, the only thing she can reasonably do is go visit and see what happens.

Wab0607

https://www.boards.ie/discussion/comment/119713303#Comment_119713303

Thanks @Faith. Good point, but I'm assuming any underlying issues would show up on a survey. Know what you mean about Grange but I knew someone living in another part of this development, probably why I was asked for opinion on this, and Ardfield has always struck me as quite nice and well laid out. I do like the idea of this place facing onto a big green. Think it's probably the price and location that's appealing to her, that and being close to amenities. The lack of side access is a pity, don't know if it'll put her off. Main reason I was asking about price going over was I believe she was watching this one below and got a shock when she saw how much it went sale agreed at - nicer house downstairs granted.

https://www.auctioneera.ie/property/2-the-mews-westgrove-donnybrook-cork-t12-eyd8?utm_source=auctioneera&utm_medium=email

cantalach

https://www.boards.ie/discussion/comment/119710964#Comment_119710964

Forget the house. I reckon it’s all about the site. This is a sub-divide opportunity in a good location. Jump to the Eircode on Google Maps, switch to satellite view, and you’ll see it’s a huge site - the write-up says it’s .13ha. Notice that it appears that some of the adjoining sites have already been sub-divided.

crayon80

Guys ye are absolutely right. It's definitely the location (location, location 😁) which is in fairness superb. I was hung up on the thought of THAT much for THAT house. But I guess it's in line with the crazy overpriced market we have.

It's perfectly liveable and needs updating rather than renovating so as a home you'd be in €1.5m+ ballpark. But sure if you're a consultant in CUH... 😂

rain on

https://www.boards.ie/discussion/comment/119713033#Comment_119713033

I lived in two different houses in Ardfield in my renting years - I found it a really safe, quiet area, lots of families and kids. Both houses that I lived in were very solidly built and warm also - unusual for houses built in that period.

Wab0607

https://www.boards.ie/discussion/comment/119726236#Comment_119726236

Thanks @rain on . Have heard similar re the warmth of the houses here. Can only be a good thing these days. Appreciate the feedback.

Anyone here have any thoughts on Fionn Laoi in Ballincollig in general and on this house on the market now? It's not for me, but a relation of mine who asked me my opinion. The proximity to the green space at the end of the row and the fact that the house has a number of security cameras on it would be red flags for me but I am not too familiar with the area. I am also aware of the concerns about flooding.

https://www.daft.ie/for-sale/semi-detached-house-8-kingfisher-close-fionn-laoi-ballincollig-co-cork/4258720

JackieChang

Any reason a house like this doesn't have any bids yet? It's been on that site for a week now.

I'm a complete noob at house hunting, have really only started and I've no idea what to look out for. But something is fishy. Seems like a grand house for a grand price.

https://www.auctioneera.ie/property/149-elm-park-wilton-cork-t12-hc5h

omicron

https://www.boards.ie/discussion/comment/119737934#Comment_119737934

Not clear from the wording but possibly for sale with tenants in situ at a significantly below market rate rent?

Also 55 sq metres is tiny.

Faith

https://www.boards.ie/discussion/comment/119737934#Comment_119737934

It's very small (55 sqm is smaller than an average 2bed apartment), it's in a state of significant disrepair (broken cabinets, mould in the bathroom, probably needs the entire interior ripped out, possibly wiring upgraded), there's no rear garden (it shares a back wall with another house), it's right next to a large carpark which makes it risky for kids playing outside, and the adjoining house looks very rough around the edges so it would make you wonder who lives there. And, as has been said, there's an active tenancy in place so it might be difficult to evict them to move in yourself.

For the amount of work and cost you'd need to put in, you'd be better off looking at a property like this: https://www.daft.ie/for-sale/terraced-house-21-sheares-park-glasheen-road-glasheen-co-cork/4253491

Still needs total renovation, but significantly bigger and has a large garden so you could extend the house in the future.

Shauna677

https://www.boards.ie/discussion/comment/119739587#Comment_119739587

And gutted inside, the ceilings, what can be seen of them look very iffy too

sw59td

How are the flats in Atkins Hall and River Towers?

SummerK

Janeville has released a new phase of 2/3 bed semi's and I guess they would have sold all of them by now like hotcakes.

Mr.CoolGuy

Janeville larger 3-bed 3-bath have gone from €320k in phase 1 to €395k in latest phase. 23% increase over nearly 6 years. Is this high/low/middling?

leahyl

Does anybody know how much the 3 bed mid-terrace houses in Ballinglanna are going for? I emailed Sherry Fitzgerald but didn't hear back.

SummerK

The number of new properties for sale on daft is increasing almost every day and it appears developers want to sell asap.

Also, it appears castle heights are going to launch their last phase next week, while the previous phase was launched last month. Pretty quick I must say.

crayon80

Guys I am ridiculously fascinated by photos on this

https://www.myhome.ie/residential/brochure/1-peter-o-donovan-crescent-ballincollig-co-cork-ballincollig-cork/4650556

6 bed house but no pics of bedrooms

Would they not put away the shopping bags from Boots before taking photos?

Ditto the ironing board and why is there what looks like a book on it?

I'd have cleared off the kitchen table too. And turned off the tv (can't figure out what they're watching either) 😂😂

Seriously though if they're paying the auctioneer for pictures they're being seriously ripped off!

ShamoBuc

Could well be rented and the auctioneer wasn't allowed into the bedrooms.

Icantthinkof1

Very strange as well that they didn’t blur out the license plate on the car in the driveway

https://www.daft.ie/for-sale/detached-house-pemberly-alexandra-road-st-lukes-co-cork/4013422

Thoughts on this? Separate apartment downstairs so could be a decent investment opportunity with the new office blocks on horgan's Quay - walking distance to the city.

Price a bit on the high side perhaps

JackieChang

What would you folks pay for a 2 bed apartment, not gound floor, close to a bus route, with a balcony, secure parking, at least BER c3, in the city-ish? (Ballincollig, Douglas, and everywhere in between) Am I kidding myself waiting for something around 250,000 or less?

Something like this, which doesn't even need a bus route actually.

Apartment 18, River Gold, Cork City, Co. Cork is for sale on Daft.ie

And if it does exist, should I expect a bidding war up to 300,000 or something?

cantalach

https://www.boards.ie/discussion/comment/119787536#Comment_119787536

I think that’s a lot of house in a great location…not on the high side at all to my mind.

JackieChang

Those penthouse apartments in Jacobs island look nice , but how the hell are you supposed to heat this place up? I'd say it'd take 10 hours of heating for the chill to go from the room.

There's two teeny radiators under the windows. Actually more like glass walls not windows. And another in the corner. Bills must be sky high there. Anybody here lived in that penthouse before? They seem to pop up on daft a lot for rent.

notAMember

No experience of that apartment, and renting is lower risk, but Jacob's island will continue to flood through McHugh park so I wouldn't buy there. We know sea levels are rising, it's in a tidal zone in the harbour.

Mav11

https://www.boards.ie/discussion/comment/119798529#Comment_119798529

Do they have a BER rating? They might be very well insulated!!

JackieChang

https://www.boards.ie/discussion/comment/119798686#Comment_119798686

Has it flooded before?

notAMember

https://www.boards.ie/discussion/comment/119799114#Comment_119799114

Not sure about the specific building you were looking at, but the park has flooded a couple of times in the last 5 years. I have some friends living in there who have sent me videos of water pouring into McHugh park and onto the street from Lough Mahon (the estuary).

thejuggler

No experience of the building but heard reports a few years back that the area around them is home to a large number of rats.

JackieChang

https://www.boards.ie/discussion/comment/119799381#Comment_119799381

Alright I've added another Condition onto my buying list. Must be on a hill.

JackieChang

What sort of limit should I be putting on BER rating during the search? At what threshold does it just become ridiculous. Is a BER of D1 or D2 terrible?

Mav11

https://www.boards.ie/discussion/comment/119802947#Comment_119802947

To my mind D1; D2 while not terrible is not great. E,F or G are terrible! I'm currently looking at a house which has been recently renovated but is only a D2. Its a pity that the energy rating wasn't upgraded when they were doing the renovation. Still I wouldn't dismiss it because of the energy rating, however it will be reflected in any offer that I might make.

To me anything in the C or B brackets is ideal, whereas I think that you're getting into requirements that I don't want to go to when you're in the A rated bracket.

All my own opinion of course!!!

rob316

Elmbury up to 365k for the 3 bed semi on the next phase. Quite the increase from the original 290k they were. Shared equity scheme really helping house prices......for the developers.

notAMember

https://www.boards.ie/discussion/comment/119802947#Comment_119802947

BER rating is pretty meaningless. I wouldn't limit yourself on it at all. The types of light bulbs in the building, and the rating of white appliances makes a difference in the BER ffs. You don't get either of those in a purchase. Honestly a decent engineers report is much more useful, and you should get this on any property you are going to bid on. A BER isn't invasive, and you can see most/all of what they report on with your own eyes when you view. Double glazing, insulated attic, a draft lobby (porch), chimneys.

A lot of it seems to be subjective. The BER survey people choose ratings from an application with drop-down lists. This is subjective, based on their best guess of wall insulation or window ratings in some cases. I've had a BER done on the same property by two different people, with a whole letter difference.

Also, two houses in the same park , identically built facing each other can have very different real-life energy usage based on the orientation of the windows. Solar gain etc.

I think maybe decide yourself in principle whether you are happy to take on a fixer-upper, or whether you want a place you want to walk into and not touch for a decade.

JackieChang

Any idea why this is so cheap, other than the absolute state of the 70s interior decor and ancient kitchen? Will need a bit of gutting but is there something else going on with those buildings?

28 Allen Square, Ballymacthomas, Cork City - ERA Downey McCarthy - 4184352 - MyHome.ie Residential

Shauna677

https://www.boards.ie/discussion/comment/119811912#Comment_119811912

How come there are no rooms on ground floor, a bit odd

At just150k there must be some structural issues with that house

Mav11

https://www.boards.ie/discussion/comment/119812999#Comment_119812999

How come there are no rooms on ground floor, a bit odd

I think that these were the original "duplexes". The ground floor is only a hallway leading to stairs, with the down stairs rooms a separate flat, with separate entrance!