Trading up on the double in city

GOB-SMACKINGLY large mortgages they might be to those with 15 or so years of payments under their belt, but houses in the €400,000-plus bracket are the norm for trading-up today.

And when you consider that those selling are also taking a healthy profit away with them, then it probably seems worthwhile.

However, you will have at least €30,000 in stamp duty to pay on €400,000 and more if that increases, as well as fees and removal costs.

Two prime examples of trading up properties in this price bracket are on offer in two good locations in the city at the moment. One is off Barrington’s Avenue in Blackrock and the other is at 26, Rossbrook, on the Model Farm Road and both come in at €400,000.

Barry Smith, of James G Coughlan and Associates, is selling number 17 Lisnalee Drive, in Blackrock, a four-bedroomed, detached home. Space is good for a growing family and ground floor rooms includes a lounge, kitchen, dining room and playroom, with utility and guest loo.

Four bedrooms, with master ensuite, are on the second floor and fittings overall, are good.

Over on the western suburbs, Jarlath Boyd of HOK is selling a detached, four-bedroomed house at 26, Rossbrook.

This has a similar range of rooms with a sitting room, dining room, kitchen/breakfast room and family room. The upper floor has four bedrooms and a box room, used as a study. The master is ensuite and there’s a guest bathroom and utility on the ground floor. This house has a huge garden, almost one-fifth of an acre and is very private.

Both agents are seeing keen interest, so the guide price of €400,000 could be exceeded.

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