We scan a selection of trading up homes in city and country...
Site works have just started on a small, new niche homes development by the entrance to Knockrea Lawn, on Cork’s Ballinlough Road right next door to Our Lady of Lourdes NS, and it’s already catching the eye of locals, passers by, and those on their daily school run/commute.
The 0.35 acre site, with planning for six houses, was bought recently for €600,000 by Citidwell (currently finishing Botanika on the Blackrock Road), after being viewed by 54 parties/bidders, and that’s indicative of expected house buyer demand in the so-convenient setting, by the new Bean Brownie cafe.
For those who can’t wait, there’s a ready-made alternative just around the corner, at 11 Knockrea Mews, and it too is a bit of a box ticker. It’s detached, manages to get three ground-floor rooms and five first floor bedrooms (one’s en suite) into its relatively modest 1,387 sq ft; plus it’s next to a leafy green, in a cul de sac within a cul de sac, and has a west-facing back garden to boot.
No 11 Knockrea Mews is guided at €425,000 by estate agent Jeremy Murphy, and the Price Register shows No 7 Knockrea Mews (a c 1,200 sq ft four-bed semi-d) selling two years ago for €400,000.
VERDICT: Such a quiet setting, off the city end of the Ballinlough Road, and superbly serviced as well.
Size: 128 sq m (1,387 sqft)
Appearing to move to market in six-year cycles is the detached, Blackrock Road home, Rydal, complete with outdoor swimming pool.
It last surfaced for sale in 2012, at an asking price of €580,000, and before that, at market peak in 2006, it had been floated at a price hope of €1.2m, when it found no takers.
Now, it’s back up for sale, with the Blackrock Road setting very much in the ascendant, and agent Timothy Sullivan guides the c 2,000 sq ft four-bed Rydal at €590,000.
That places it pretty much in the same price league as the 1,500 sq ft four bed semi-ds almost over Rydal’s back wall, in the sold-out new homes development Botanika, with first completions being handed over there within weeks.
However, in contrast with Botanika’s A-rated home comfort offers, Rydal is reflective of its mid-1900s construction, and gets a E1 BER note, a sort of ‘could do better’ grade.
But, that’s down to things like retained original open fireplaces, among other original features. Internally it’s in good order, with gas central heating, double glazing, three reception rooms, a spacious kitchen/breakfast room, guest WC, with four overhead bedrooms plus a main bathroom.
It has private grounds behind old stone walls onto the Blackrock Road, on the Ballintemple side of Cleve Hill, and has a garage, and that small outdoor pool.
VERDICT: could go swimmingly.
Size: 184 sq m (2000 sq ft)
Who’ll come to the fore at 145 Leslies Arch? First-time buyers? Relocaters? Investors?
Most probably a mix of any and all of the above, as the 1,120 sq ft house in the Old Quarter section of Ballincollig’s former barracks, developed by O’Flynn Construction, is smartly presented and good enough to walk straight on into and occupy. And, the end terraced house has a south-east aspected back garden which has been very well landscaped, with lots of densely planted shrubs and trees around its easy-keep core, done by Ryan Landscapes for year-round colour.
But, No 145 has also worked for its keep, having previously been rented and earned a tidy €1,500 per month. If bought by an investor (and, O’Flynn Construction are about to start into a new 240,000 sq ft development, Westfield Office Campus nearby,) that could make 4% more on top of that as it’s in a rent restricted area, with high local demand, says selling agent Kevin Barry of Barry Auctioneers.
If bought privately by a FTB with a 10% deposit, it could be had for a monthly mortgage of c €1,100 a month over a 35-year term.
Mr Barry says the vendor has high standards, with a commitment to maintenance, and it’s reflected in the interior quality and garden.
VERDICT: Well-set for a sale.
Size: 104 sq m (1,119 sq ft)
Steeped in history, and rich in megalithic remains, is the Co Cork village and area of Ballinagree, by the foot of the Boggeragh Mountains.
And, here in this rural setting six miles north of Macroom near the Millstreet Country Park is Kanigaal, a stone-faced modern home with high level finishes, on a landscaped acre site with expansive views.
Now on the market, its selling agent Frank Walsh of O’Mahony Walsh say its owners “left no stone unturned in nurturing and enhancing the property, over the last 13 years, in an unrivalled pursuit of lifestyle perfection.”
It fits in two good reception rooms, a sun room with a spread of vista including Ballinagree village beyond, a kitchen with ash units, and two of its four bedrooms have en suite bathrooms into the bargain.
Mr Walsh says Kanigaal is about a 40-minute commute to and from Cork city, but has schools (both primary and secondary) and services within a five minute spin in Ballinagree. He endorses the quality of fittings and fixtures at this broad bungalow home, which has additional storage space at attic level, which is floored, with power supply and pull-down ladder access in addition.
He adds that the acre site is professionally landscaped, with entrance pillars and gates, has cobble drive and has a feature cherry blossom tree in the front garden, ready to burst into early spring blossom for its 2019 occupants.
VERDICT: Modern stone-build among ancient archaeological reminders of the past
Size: 234 sq m (2525 sq ft)