Substantial Georgian home has a price cut, down to €850,000, Tommy Barker reports.
Someone with flair, and funds, is needed to renew the period home Lotaville, on the edge of Cork city at Tivoli.
On and off the market for almost a decade, this is a fine large home with a price now marked down by almost 50%, from €1.6m in 2002, to now rest at €850,000.
It hasn’t changed much in the ten years it has been up for sale, a bit more tired and unloved, perhaps, but then it was dated yet sound in 2002, when it was already probably 150 years ago. Back then, this period pit stood on 3.5 acres; now the vendor is living in a new, almost circular house built on a portion of the original grounds, separately accessed, and this stands on a mature 1.6 acres, with some specimen trees and a picturesque glasshouse for the green-fingered.
The package at Lotaville includes 7,500 sq ft of solid over-basement Georgian home, with large reception rooms, and a southerly aspect, in mature wooded grounds of 1.6 acres, plus a two-bed gate lodge, a one-bed mews and a hard-surface tennis court, now gone mossy. And, it’s all just three miles east of Cork city, above the Tivoli dual carriageway near Flemings restaurant and Lotamore House, some of the necklace of grand period houses along this hilly shoulder running out of Cork city towards Dunkathel and Woodville.
Selling agent for Lotaville is Dominic Daly, who says there are a number of original features here for period home admirers to work with and to be used as a guide for restoring and renewing the sizeable dwelling. It has a self-contained basement which has been used in the past for a home-based beauty business, and includes a sauna, wine cellar, stores, WCs and a wood-panelled games room.
(Also for sale close by, since last July, is Lotamore House, an even larger late 1700s mansion on 14 acres at Tivoli, floated last July with Savills at €1.3m, and currently under offer at a sub-€1m figure. (Lotamore last changed hands in the mid 2000s for €3 to €4m, with planning being sought for a 90 bed nursing home.)
Nearby Lotaville’s best prospect is being upgraded to fine family home, and it has the space, proportions and features for such a use.
It still has a fanlit entrance door by limestone steps, sash windows (some fitted with double glazed panels), quality fireplaces, and three formal reception rooms (most with southerly aspect) off its long, off-centre central hall. It’s been in the same family’s hands for over 40 years, and will freshen up once more with a bit of imagination and a budget.
VERDICT: Plenty to reward those who see potential.
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