Get your claws into The Kestrel

BOUGHT for around €350,000, this two-bed apartment at The Kestrel in Cork’s Jacob’s Island is now on the market at a slashed guide of €200,000.

The vendor is prepared to take the loss on this third floor unit, for a quick sale, according to Mark Gosling of James G Coughlan and Associates.

It’s outstanding value at that price, he says and expects a strong market response.

Rentals are good in the Jacob’s Island location, Gosling adds, and for investors this property would be a shrewd buy.

But even for first-time buyers, the guide price for a unit in a south city location, is attractive, especially as interest rates mean it’s as cheap to buy as to rent at the moment.

The property has dedicated parking in a location just off the south ring road, is close to Mahon Point and Douglas, while the Lee Tunnel is just minutes away.

Accommodation includes a living room of 19’ by 11’, a kitchen/dining room of 11’ by 13’, with beech Shaker units and integrated appliances and two bedrooms, one of which is en suite.

Both bedrooms are large and have fitted wardrobes and the unit also comes with a main bathroom, intercom and is a secure, gated complex.