Cork Property Thread

rob316

https://www.boards.ie/discussion/comment/122335502#Comment_122335502

Don't think so, always the buy 70% of a house scheme to fall on

Bielsa2020

Arderrow in Ballyvolane. Phase 2 was sold 2 weeks ago

wheres_the_glass

https://www.boards.ie/discussion/comment/122335826#Comment_122335826

its borderline close to 3 bed price, whats the point of 2 bed, mostly people will go for them if they have mortgage ceiling for that amount

leahyl

https://www.boards.ie/discussion/comment/122335653#Comment_122335653

Where did you get that? Because I registered my interest in these weeks ago and never got any information.

wheres_the_glass

https://www.boards.ie/discussion/comment/122337566#Comment_122337566

It was an email invite. they only launched less than 15 homes and mostly smaller ones. Maybe you registered for bigger house type etc. They said they are also launching a bigger phase in august/sept, maybe you will get an invite for that one

scrotist

I see there are new billboards around Mahon Point for apartments in Jacob's island.

Anybody know the prices or how to buy one?

Also, any risk of flooding in that area?

whisky_galore

https://www.boards.ie/discussion/comment/122308067#Comment_122308067

This exactly. Out of town students won't have heard or taken notice of the story before signing the lease, and beggars can't be choosers.

SummerK

https://www.boards.ie/discussion/comment/122335526#Comment_122335526

An email I received on 17-June said 3-bed prices start from 445k, and if they increase it to 500k+ in 3 weeks, is it really due to jump in market value? Pure greed, as they know there are desperate folks looking to buy.

Iscreamkone

https://www.boards.ie/discussion/comment/122355299#Comment_122355299

The market says that they were under priced at €445k.

SummerK

https://www.boards.ie/discussion/comment/122355421#Comment_122355421

Agree. They will find 520k+ is underpriced next month and it goes on..

marno21

At least the developers of Bayly are a listed company, so you can indulge in their profits should you have a few quid lying spare

https://live.euronext.com/en/product/equities/IE00BWY4ZF18-XMSM

Up 40% year-to-date and they pay a nice dividend too.

run_Forrest_run

one of the few Elysian apartments in private ownership is up for sale…

https://www.irishexaminer.com/property/residential/arid-41434633.html

Iscreamkone

https://www.boards.ie/discussion/comment/122371508#Comment_122371508

Thats a huge apartment. I’d imagine it will go for 1M+

leahyl

New housing estate launching in Ballyvolane soon - Longview - went up on Daft today, can only imagine the prices but I sent an email anyway to enquire.

cantalach

https://www.boards.ie/discussion/comment/122534876#Comment_122534876

Clearly named by a Green Day fan: https://youtu.be/42BBdzzgPNM?feature=shared

Chewy back

Is there anyone here buying in Belview Wood in Maryborough Ridge? Has anyone had any issues with the plans of their house changing or parking issues?

Gru

https://www.boards.ie/discussion/comment/122579429#Comment_122579429

Honestly a large chunk of that Maryborough ridge development is social housing and there is an issue with a family and drugs up there, make of that what you want.

radiospan

Bit of a naive question here, but one I have to ask as someone who has never bought a house or apartment before…

I see lots of apartment developments at various stages of planning/approval/construction around the city. Which is great. Some of the developments have websites with plans etc, not all. Some seem to have had a website for the planning approval stage, but then removed.

How do these apartments usually come to market, and at what stage of the construction are they usually sold? Do they end on Daft? Do people contact the developers directly? And are there any examples of new build apartments around the city which are inviting applications to purchase right now?

Deub

https://www.boards.ie/discussion/comment/122636359#Comment_122636359

Apartments are usually sold to real estate companies before construction starts. You would rarely see any new apartments for sale on daft or My Home.

Kerry25x

Am I crazy or is almost a million euros an absolutely insane asking price for this house?

https://www.daft.ie/for-sale/detached-house-ellesmere-college-road-glasheen-co-cork/5823412

.red.

https://www.boards.ie/discussion/comment/122821401#Comment_122821401

Location, location, location.

That's gonna need a lot of money to modernise or knock and rebuild but I'd be surprised if it didn't sell for well over €1m.

Huge house, huge garden. Across the road from the Bons, pretty much on UCCs doorstep, cycling distance to MTU and CUH and the City centre and the Mercy are walking distance.

I hope it's bought as a home tho and not as offices for UCC or the hospital. They're gorgeous houses when they're looked after.

Kerry25x

Fair. Its not a location that I would want to live in now (I lived on college road as a student) but probably very attractive to landlords. The garden is decent size but I wouldn't consider it huge. I saw it, thought it was on the expensive side but yeah fair enough it looked like a very nice house from the outside and very central....then clicked in to it and went yikes. Just wasn't expecting SUCH a fixer upper for that price.

lostinsuperfunk

That's a unique house and I think it will be sought after. However, I don't think it will be attractive to student landlords as the numbers probably don't stack up. They can do better than 5/6 bedrooms for €1m, and even the most skinflint landlord would have to spend a few more euros doing some minimal upgrades. UCC won't be interested, they are no longer acquiring standalone buildings in the area, and they have no money anyway. I think the refurb costs would put the Bon Secours off buying it.

A property developer could knock and build an apartment block but getting planning permission would be tricky.

So I think the most likely purchasers are high salary workers such as medical consultants, especially given the location. I don't know, but you'd probably have to spend several hundred k to make it into a comfortable home. It's a great location, close to amenities and the city centre. Fairly quiet too, as there are not many students living in that part of College Road, and it's set back from the street.

deeperlearning

https://www.boards.ie/discussion/comment/122821401#Comment_122821401

This house is directly across the road from a hospital. It is likely to go for over €1.0 million and be turned into a consultants clinic. It has plenty of rooms and also plenty of potential parking places to both the front and the back if the garage is knocked.

Apogee

https://www.boards.ie/discussion/comment/122851132#Comment_122851132

And I think the house next door is already used by the Bons, so it makes even more sense that they might be interested.

SummerK

Anyone booked a house at Longview, Ballyvolane estate? How is the area?
Currently they only have 4-Bed detached (3 stories) for €525k. They told me that they sold a number of 3-bed semi in phase 1 for €425k.

See a new estate launched in Middleton recently with a starting price of 500k for 3-bed semi. Although the houses are somewhat bigger, but that's a lot of money.

theboringfox

Market very strong in south east of city. This os great home, location and garden but over 1m for Semi D in Cork City even with extension is new territory.

Asking of 750k was low ball as Semi Ds not extended had sold for more earlier in year.

https://www.myhome.ie/residential/brochure/21-lower-beaumont-drive-beaumont-blackrock-cork/4649723

deeperlearning

https://www.boards.ie/discussion/comment/122991700#Comment_122991700

From what I can see, there is no access to the back garden.

This would cause problems if the owners ever wanted to extend or upgrade the house, or even to upgrade the dated patio.

theboringfox

https://www.boards.ie/discussion/comment/122996581#Comment_122996581

It has a side access alright. Have passed it. With extension already done then I dont think buyer likely looking to do much to place. Looks in great condition. Beautiful house and gardens. Just a new level for semi D in area

SummerK

New phase @ Janeville Carrigaline called Birchwood launched today if someone's interested.

3-Bed Semi for €470,000

3-Bed End Terrace for €420,000

3-Bed Terrace for €395,000 and 2-Bed for €355k.

https://www.daft.ie/new-home-for-sale/janeville-clover-lawn-carrigaline-co-cork/5780599