Beaumount four-bed starts at less than half million

GOOD house, good location - shouldn’t be on the market very long.

That’s the brief synopsis on number 2, Templevale, Beaumont, Cork, where houses are always in demand, but now that the market is in full swing, bidders, like summer midges, are biting everywhere.

Prices have risen beyond expectations once again this spring, with new forecasts of double digit inflation in the housing market, rather than the predicted six to eight per cent increase.

Number 2 Templevale is launched at €450,000 through Dermot Lynch of Irish and European, which is a low guide for the area considering similar detached properties have recently been making prices in excess of €500,000.

However, this is because the property will need some investment, says Dermot Lynch, as most purchasers in this bracket will look to bring number two up to 21st century standards. And there's also the prospect of converting the attached garage.

In that respect the guide price if fairly accurate, says Mr Lynch, who's already had an initial bid of €460,000.

The house will be in demand from trader-uppers and, with its ideal location and mature gardens, it has some of the required features on a buyer's shopping list.

It also comes with a sitting room, dining room, family room, smallish kitchen and guest WC.

Four bedrooms, all with fitted wardrobes and a bathroom, are on the first floor and there’s more room for expansion in the large gardens as well as the garage.