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.