IT’S less than a year since the last detached family home in a great Beaumont Drive setting in Cork’s halo-ed and hallowed Blackrock hinterland came to market.
Size: 200 sq m (2,140 sq ft)
Best Feature: Detached status and setting
Called Westbury, it was on the same row as this new arrival called Greyfort, it had a price guide of €525,000, and it got very committed bidding.
So much so, in fact, that Westbury went ‘sale agreed’ in jig time, was a smooth sale process, and showed up on the Price Register by August 2016, as having made €595,000.
Now, that €595,000 price level is where the broadly comparable Greyfort gets floated, once more listed with the same agent Brian Olden of Cohalan Downing who anticipates as much viewing interest this time around with Greyfort.
Key selling points for Greyfort are a location off the Blackrock Road and near Ballintemple, proximity to national schools aplenty and secondary ones too, sports amenities galore plus a public park 200 metres away, detached status, some 2,000 sq ft of living space as it stands... oh, and a west-facing, 150ft-long back garden, and gardens front and back, heavily shrubbed for privacy. What’s not to like?
Appointed auctioneer Brian Olden doesn’t phrase it this way, but if Westbury’s other ‘dis-appointed’ bidders are still in the trough of depression having missed out, they’ve a second chance to buy in the locale.
The only uncertainty is what Greyfort will sell for, after a year of solid, single digit price inflation in Cork city and suburbs.
Semi-ds in and around Beaumont are by far the more plentiful house types and have been making from the low €300ks to the mid-€400ks over the past few years, and many have been notable due to their garden size.
Beaumont bungalows, too, are strong sellers: last year, the very smart, extended Oaklands/No 39 Dundanion Road sold for €515,000, some months after No 37 Dundanion Road on a large corner site had sold to developers Lucen Homes, associated with Gerard McNamee and who has had links to Rockforest Homes, and that made €560,000.
Mr McNamee is expected to go on site at No 37 Dundanion Road to build four new detacheds homes later this month: watch these pages.
Detached, set centrally and towards the front of its long, long site, Greyfort on Beaumont Drive continues the local asset tradition of big sites, with the back garden almost stretching out of sight to only end by the far boundary with the estates of Temple Hill Lawn and Copper Hill to the west off Churchyard Lane.
The selling agent says Greyfort has been family-owned and cherished for the best part of 50 years, and now is set to serve a new family’s needs.
It’s a decent home by most standards, yet good and all as it is it’s going to get more money and attention lavished on it, post-purchase.
“It offers untold potential to create a family home of real quality in this sought-after location. Houses with such generous gardens, offering such scope with such a good aspect, rarely come to the market in Blackrock,” states Mr Olden.
Greyfort has inner and outer halls, a linked dining/living room with bay window and fireplace, a TV room with oil-fired stove (there’s also oil-fired central heating and an alarm), play room/den, guest WC, utility, and kitchen.
Overhead are four bedrooms (none is en suite), most have wardrobes, and there’s a main family bathroom.
It’s extendable in several different directions; the west-facing rear would benefit from re-ordering at the least, and for the nervous there are examples all around Beaumont Drive, and across into Ardfoyle Crescent, of contemporary two-storey add-ons which bring these homes comfortably into the 21st century.
Separately, the area around Greyfort is expected to see up to a dozen new homes built in the coming 18 months at Dundanion Road and Beaumont Crescent and at the local SPAR four doors away from this market arrival, as the shop shut its doors last autumn and went up for sale for €425,000, with FPP in place for two new homes.
VERDICT: Good as it stands, but what will it become? Greyfort’s gardens give it potential in spades.
© Irish Examiner Ltd. All rights reserved