Sq m: 224 (2,400 sq ft)
Bedrooms: 5 Bathrooms: 3
BER rating: E2
More site, the same house, and less money... plus an auction rendezvous. That’s Corron, in a nutshell.
This large, extended detached house in Bishopstown, Cork, was put for sale on a 0.4 acre site three years ago, guiding at €700,000.
Despite holding both residential and commercial promise as it includes a well-built 1,200 sq ft office/ store, it failed to find traction or a buyer.
Now, with the market seemingly turning a corner, it is due to be auctioned, on twice the site (0.75 of an acre) and a reduced guide of €495,000.
Estate agent Anthony O’Regan of Keane Mahony Smith says auctions are very transparent and concentrate the mind, and he’s about to test that on March 19.
Although the house is dated (it was extended from a humble cottage by its builder owner in the 1960s) and needs lots of updating, it’s in a great location near CUH, CIT and the ring road, as well as Marymount. It could go medical/commercial, or just stay as a spacious family home (or two?) on a former orchard site.
VERDICT: There’s been such a market sentiment shift in the past six months that it looks like Corron’s time for fresh occupation has arrived. Auction venue is Oriel House Hotel — which is also for sale.
© Irish Examiner Ltd. All rights reserved