Trading Up: Maryborough Hill, €435,000

Sales at the Elden development in Cork’s Maryborough Hill have been chugging along nicely for developers O’Flynn Construction in the past year or two, across the board, from houses to apartments, with one of the latter, a penthouse, making €630,000 in 2014.

Smaller houses, and apartments have been selling in the €200-300k range, while a three-bed home No 17 went to market in Autumn guiding €350,000, and is ‘sale agreed’ at €410,000.

Now, Sherry FitzGerald also bring the privately-owned detached three-bed, all en suite No 13 to market, guiding at €435,000.

That’s for a house with about 300 sq ft more accommodation than No 17, as this has 1,550 sq ft, of well-kept and bright acommodation.

Interest is likely to come in the main from traders down, but the last sale saw some better-heeled first-time buyers in the hunt also, says Sherry Fitz director Ann O’Mahony.

The contemporary-styled 74 unit scheme was done eight years ago, on the five-plus acres of wooded grounds of a private home called Elden on Maryborough Hill just above the Maryborough House Hotel above Douglas, by the golf club.

Design of two-storey/split level homes is by Hogan Architecture, matching the crisp finish features of the crescent-shaped apartment blocks lower down the site and No 13 has a front reception room, rear family room/dining room 18’ by 12’ off the kitchen’, plus utility.

VERDICT: Well done at Elden