Two Cork homes for sale in a row, and €85k between them: why?

No 3 Grand View Terrace is in mint condition, says Tommy Barker. Pictures: Ted Murphy

Two houses on the same, inner-suburban terrace in Cork have come to market, within three doors of one another, within a week of one another, and there’s €85,000 price difference between them.

Why? Well, they are quite different beasts, that’s why.

No 6 Grand View Terrace
No 6 Grand View Terrace

No 6 Grand View Terrace, a three-bed mid-terraced on the Victoria Road by Kennedy Park and a five minute walk from City Hall, came first, featuring briefly here last week.

No 6 Grand View Terrace
No 6 Grand View Terrace

It’s in a great and accessible location, a bit on the tired side internally and G BER-rated, and is guided at €365,000 with agent Timothy Sullivan.

No 6 Grand View Terrace
No 6 Grand View Terrace

And, now along comes No 3 Grand View Terrace, guided at €450,000 with Michael O’Donovan of Savills. The €85k price differential can be explained by the fact it’s larger, after getting a rear extension, it also has a converted attic that’s fully planning/building regs compliant, and is now a four-bed, of c 1,500 sq ft.

No 3 Grand View Terrace
No 3 Grand View Terrace

Not only that, it gets a highly impressive B3 BER, not bad for a 140 year old property, and three of its four bedrooms have en suite bathrooms, whilst its condition is mint, inside and out.

It’s the real deal ‘walk-in’ job, a stroll from the city, close to new quayside office jobs, a hop and skip from Kennedy Quay where last weekend’s SeaFest held sway, and close too is current Live at the Marquee site (as it awaits upscale, high-rise residential development, could be a few years left in it yet?) and the future Marina Park to be developed by Cork City Hall next to Páirc Uí Chaoimh is close too.

No 3 Grand View Terrace
No 3 Grand View Terrace

Arriving into what’s increasingly a property hot spot, and despite a cooled market against the backdrop of economic uncertainty outside our control (hands up who believes Trump’s assertion while in Ireland that Brexit will be bigly good for this country?) No 3 Grand View’s likely to get grand viewings nonetheless: strong locations such as this are holding up well.

No 3 Grand View Terrace
No 3 Grand View Terrace

Grand View Terrace adjoins similar homes in Woolacombe Place where No 1 sold earlier this year in need of renovation, for €325,000 and with planning just sought for extension. Then, to the north/west are mostly pairs of large, semi-detached three storey Victorian homes, some very large and grand indeed.

No 3 Grand View Terrace
No 3 Grand View Terrace

The only detached in all of Victoria Road, in the midst of the semis and on an acre with tennis court sold in 2007, for a whopping €2.45 million. Closer to the city, a Victorian semi-d, Rockhurst opposite the restaurant Salt, sold recently via Savills, needing work and it made c €500k, yet to appear on the Price Register.

No 3 Grand View Terrace
No 3 Grand View Terrace

Savills’ Mr O’Donovan says the 1880s-built , €450k-guided 3 Grand View Terrace is in immaculate condition, which it is, and is freshly redecorated, ready to move furniture into: that’s all it needs.

No 3 Grand View Terrace
No 3 Grand View Terrace

It has off-street parking for a couple of cars on a short gravel drive, with relocated railings separating it from a front lawn and graveled path to the front door, next to the reception room’s bay window, with double glazed sash windows, and working internal shutters.

No 3 Grand View Terrace
No 3 Grand View Terrace

That front room has a period era fireplace and off the pale, tiled hall is an extended kitchen/dining room, also tiled, with modern units, and Veluxes over the worktops and island. Double doors open to a paved, enclosed courtyard, with side wall and back wall edged in painted timber decking, and there’s also a utility and guest WC.

No 3 Grand View Terrace
No 3 Grand View Terrace

Above, there’s an en suite bedroom off the return, two bedrooms (one en suite) to the front, and a main bathroom, while a further stairs leads on to an en suite attic bedroom, which is good sized, with dressing area.

No 3 Grand View Terrace
No 3 Grand View Terrace

Expecting interest from a range of buyers, including some better-off FTBs, returning Irish and traders-down, Michael O’Donovan bills No 3 as “an ideal city property, in tip top decorative order, positioned in an ultra-convenient location.”

No 3 Grand View Terrace
No 3 Grand View Terrace

VERDICT: Grand out.

Victoria Road, Cork City

€450,000

No 3 Grand View Terrace
No 3 Grand View Terrace

Size: 142 sq m (1,535 sq ft)

Bedrooms: 4

Bathrooms: 4

BER: B3

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