Trading Up: Sunday’s Well, Cork City, €375,000

The dozen or so apartments and townhouses at Lisin, on Strawberry hill next for Cork’s Old Gaol visitor attraction in Sunday’s Well are, a rguably, about the most high end niche residential developments in this sector.

Sat, 22 Apr, 2017 - 01:00

Size: 125sq m (1,345sq ft)
Bedrooms: 2
Bathrooms: 2
BER: C3

Built around market peak at 2005 by developer Gerry Calnan in the lower garden grounds of a period, 1900s home called Lisin, they hit the mark at the time for high-level finishes, comfort and spec, with top examples demanding €700k to purchase at the time.

They slumped, obviously in value in the interim but always find buyers, at a more market-savvy prices on re-sales.

Last year one of the very best, the c 1,400 sq ft first floor unit No 10 was sold for €386,000. And, they come up for rent occasionally, at up to €1,900 per month.

Now, hot on its heels of 10’s good sale comes No 9, a similar sized 1,345 sq ft two-bed, guided at €375,000 by Michael O’Donovan of Savills.

He reckons it’s one of the two largest of all the builds in Lisin (it’s directly under No 10) and is a garden level apartment.

It has a parquet-floored hall, underfloor heating, open plan kitchen/living/dining with a snug off, a guest/second bedroom, utility and main bathroom, and paved patio area also.