Today, a typical example, no 29 Loreto Park is on the market at €330,000 – way down on boom levels.
And while all of this is in the past, it’s a good indication of the 45% drop that applies out there in the market at the moment.
Mount Carmel will need work to bring it up to scratch, but the bones are good and it has a handy location close to the twin draws of Douglas and the city centre.
Ground works were completed in 04 and, according to Michael Creedon of DNG Creedon, the house is bright and well-lit, with a good sense of space.
It also comes with a detached garage and has a good garden to the rear, with parking for a couple of cars to the front.
The house has a sitting room, dining room, kitchen and pantry on the ground floor, with four bedrooms and a main bathroom overhead. There’s also a guest bathroom off the hallway on the ground floor. Windows are old steel and the house has been untouched over the years.
Meanwhile, auctioneer, Conor Smith of Property Team Sullivan Estates has re-launched a detached house in the same location. No 4 Rosepark is a detached house on a large site. The five-bed, which was built in the early 80s by developer Tim Lawton, is back on the market at €765,000, following a breakdown in a sale chain.
Running to 2,000 sq ft the property comes with large interconnecting living rooms, a fine kitchen, five bedrooms and a smashing back garden.
There’s plenty of parking, along with a detached garage.