Trading up: College Road, Cork City €300,000

On the doorstep of UCC is the extended three-storey mid-terraced house at 1 Ardeevin, on old-school Connaught Avenue, parallel to College Road.

Size: 155sq m (1,668sq ft) 

Bathrooms: 3 

Bedrooms: 5 

BER: D2

That locational marker will put the property on the radar of investors and parents of college-going offspring in particular, as will the asking price of €300,000 with an existing rent roll of €19,600 a year.

But, recent on-going bad publicity about late night student activity in the vicinity wil also send caution bells ringing for would-be family buyers, at least until policing steps up, and UCC takes a firmer stand with its young charges on foot of neighbours’ urgings.

This mid-terraced 1,668 sq ft five-bed is an extended period home, with five beds, a bathrom or WC on each floor and may have some development potential in the back garden, says its selling agent Sean McCarthy of ERA Downey McCarthy.

Accommodation spans a hall with original tiles, two recception rooms, kitchen, rear lobby, and guest WC, the middle level has three bedrooms plus main bathroom and the top floor has two more bedrooms and another bathroom.

Rooms have nine-foot high ceilings, windows are double glazed and there’s gas central heating.

VERDICT: The on-going rental shortage/crisis and rising rents will increase appeal for investors.