Summerhill a bright spot for bleak winter days

THE Bandon home Summerhill could prove to be wintry property market bargain.

Price slashing has taken place not just on the period 2,700 sq ft home on Kilbrogan Hill, but also on an adjoining 1.5-acre site, with full planning in place for four large contemporary homes.

Mark Kelly of Lisneys has reduced the price on the impressive and upgraded house, on its half acre, from €750,000 down to €625,000, which he notes is real value for such a quality period home in the west Cork towns. And, the adjoining 1.5-acre site with four plannings has been similarly brought back in its price expectation, from €1 million to €600,000, or about €150,000 per site. The vendors are in the hotel and hospitality business, are now downsized and it has been 15 months on the market, with final offers now being sought.