Large, detached and for a price down by €170,000

IF, as some of the more blue-sky pundits suggest, we are near the bottom of the property slump, then now is the time to pick off the stragglers washed up by the receding tide.

It’s still a buyer’s market, so those with a rare credit note from the bank or building society, or even cash in hand, should go for a spot of bargaining. Prices are reduced significantly to attract buyers – a case in point is this large, detached property in a quiet location at Cloghroe, Co Cork.

Number 2, Woodlands hit the tail end of the inflationary market in September, 2007 at €620,000. Today, it has been reduced to €450,000 to sell, says Tim Murray, of Property Partners O’Mahony Walsh.

A five-bed dormer, it’s deceptively large and includes a huge, kitchen/diner/living room that creates a light-filled hub at its centre.

Fitted with maple units and with a big, granite island at its centre, this T-shaped room runs the length of the house and extends into a very private back garden.

Both the living and dining areas have cathedral ceilings, with solid maple flooring and the airy, family-friendly space is ideal for entertaining.

There are two formal rooms to the front of the house, one of which combines a study/library in a very contemporary style, and, to the rear, are three bedrooms and a large, main bathroom.

Overhead, there are two spacious bedrooms with an office study area in between and including a master suite.

A cobble-lock driveway, at the front of number two, Woodlands provides off-street parking, while the mature front garden comes with a number of specimen trees and overlooks a central green. The rear garden is a lush and sheltered oasis.

Just outside Tower village and a minute’s walk from the local shop, post-office, pharmacy and hairdressers, this house has location in spades, yet is in a quiet rural area at Cloghroe.

Worth a look for trader-uppers.