Blackrock Road’s Modeligo by Menloe has some serious, high-end and well-heeled neighbours, says Tommy Barker
IN property value and location terms, the low-slung home Modeligo is among the very best-rooted in Cork city, given a wide site, a south-facing rear aspect, and a plum position on the suburban Blackrock Road. It is almost next door to Menloe Gardens and is set right in front of the hide-away Menloe House: it’s in esteemed company, with new-build multi-million euro private home neighbours left and right.
In one sense, Modeligo (carrying the same name as a Waterford parish) could be simply described as a three-bed, single storey quality bungalow, built several decades ago for a private owner, now deceased.
But, that clearly would be underselling it, as it comes for sale with a €850,000 price tag attached. It may well ‘raise the roof’ as its sale progresses, into its next, second ownership, likely to be seen as a prized family home, in a gilded setting.
It’s already got nearly 3,000 sq ft at ground level, so it’s no slouch at all in the size stakes.
Add to that the fact it’s on a site of 0.4 acres, and it jumps up another notch.
Then, look closer at what’s been built, and sold, and offered in its immediate catchment, and it’s clear there’s going to be quite intense interest in well-kept Modeligo, and what extras it can bring to the sales party.
A nearby home lavishly constructed about a decade ago on a narrow site had loose talk at the time of €3m, €4m and €5m invested in its build. Since then, its owners have also acquired the adjacent family home of the later Peter and Margaret Barry, Sherwood, paying €1.5m for that property on good gardens: and, several sites for one-offs have routinely changed hands for €500k a pop closeby .
Within Menloe Gardens, a large €1m-plus sale is pending, and a quality semi-d, Sonoma, has just sold this week for €740,000, nearly €90,000 over its initial €650,000 asking price.
Behind Modeligo, the original period home Menloe House is still for sale, with a coy ‘Price on Application’ tag attached to its online listing: it first came to market in 2015, guiding €1.8m, with other agents, but has yet to find a buyer.
Priced at €850,000 by Sheila O’Flynn of Sherry FitzGerald, Modeligo is going to have a very wide appeal: it’s the sort of price level new-builds in the Cleve Hill estate Botanika found ready buyers at, and lots of them, too.
Stone faced in front, and with an integrated garage on its eastern flank, it’s exceptionally wide, with its three bedrooms on the far side, and was a quality build day-one, done in a sort of homage to period era interiors, with lots of dark, hardwood joinery, doors, architraves and kitchen units (with Aga), along with restrained, almost filigree plasterwork and delicate tracery on the ceilings....all very suited to an antique furniture look.
Rooms off a broad front hall include an open plan kitchen/dining area, opening to a sun room, large lounge running front to back, with tall, elegant, shallow and two-tone marble fireplace, along with three bedrooms. One of the trio is en suite with built-in ‘robes, plus there’s a main bathroom and utility room: the attached garage can be accessed internally and so has scope for bed four conversion.
Condition overall is excellent, and the gardens are mature and easily minded, but Modeligo’s next owner will want to make their own make changes: might they go up another level? It would seem an obvious move? Might they even knock?