One look at Belmont House, however, and it should evoke any number of grandiose development plans in the viewer.
Sitting on two-thirds of an acre in Moneygourney, one of the more salubrious of Cork’s southern suburbs, this is a site that will have buyers slavering. It’s that gorgeous.
Without looking at the house you could spend hours in the garden, resplendent with multi-hued azaleas and rhododendron, rare wigelia, abundant climbers and a back-drop of tall, impenetrable trees and hedging.
Utterly private, this site envelops the house, a low-slung bungalow built in an open-plan style in the early seventies.
And while it will need renovation and has just three bedrooms, the footprint is quite large with a lot of dead work at the rear.
The garden slopes downwards from here and could allow scope for a two-storey extension which would change the whole dynamic of the property and offer a lot more space. Then again, it could be knocked, especially when building prices are getting more reasonable.
Factoring in the asking price of €800,000, the value of a new building on the site could be realised even in today’s market. And despite chaos everywhere, upper level houses are still doing well, albeit that they are also back in price.
The location is the key: Moneygourney is still rural enough for those who value their privacy and fresh air, but it’s less than two minutes to the south ring road and five minutes drive from Douglas.
This older, more settled area will appeal to the discerning buyer and the grounds alone will speak for themselves.
Billy Casey of Casey and Kingston is in charge of the sale of Belmont House and is confident it will sell well. The property comes with a drawing room of 30’ by 12’ with a bank of windows facing south, a family room/dining room, TV room and kitchen.
Along with three big bedrooms, it has a shower room, utility and a large garage.