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Heuston South Quarter
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Just noticed Hooke and mcdonald have 2 bed apartments to rent in the hsq for €1200. Where the same apartment on the rent to buy scheme is about €1350-1450. And id imagine the tenants are getting them furnished to include blinds etc. rather than a do it yourself 3 grand ikea voucher. aslo a 12 month contract with 1 months rent rather than being chased around for 2.
I was sure i was going for this though dont like seeing things like this!!!!! Doesnt fill me with confidence
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Just noticed Hooke and mcdonald have 2 bed apartments to rent in the hsq for €1200. Where the same apartment on the rent to buy scheme is about €1350-1450. And id imagine the tenants are getting them furnished to include blinds etc. rather than a do it yourself 3 grand ikea voucher. aslo a 12 month contract with 1 months rent rather than being chased around for 2.
I was sure i was going for this though dont like seeing things like this!!!!! Doesnt fill me with confidence
If you read the actual advertisement in full you'll notice that it says from €1200 per month which is exactly what the rent to buy scheme quoted. This apartment doesn't include parking either. They put the low price there to suck people in and then when you actually show interest you'll be told that a 2 bedroom is more than €1200.
I would also put money on the fact that by furnished they mean the kitchen appliances that come as standard in the rent to buy.
The majority of Heuston South Quarter rentals on daft are €1500 or more.0 -
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Just noticed Hooke and mcdonald have 2 bed apartments to rent in the hsq for €1200. Where the same apartment on the rent to buy scheme is about €1350-1450. And id imagine the tenants are getting them furnished to include blinds etc. rather than a do it yourself 3 grand ikea voucher. aslo a 12 month contract with 1 months rent rather than being chased around for 2.
I was sure i was going for this though dont like seeing things like this!!!!! Doesnt fill me with confidence
This was one of the things I was keen to see when I had a look around at HSQ. It's probably the last straw that's going to kill this rent2buy thing completely.
Then again, some people might still think it's a good buy for their own circumstances.0 -
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I got an apartment there on the rent2buy scheme, and I'm in 5 weeks now.
Have to say, it's simply awesome.
Noise/space:
Can't hear a damn thing once the windows are closed, it's so well insulated.
And the apartment is seriously roomy, with thought about storage space gone into it. It's hard to find apartments with sufficient storage space.
Insulation:
If you know anything about Building Energy Ratings (BER), these are A2 or so. Most houses would be C and below. The savings in heating alone are worth it.
Rent prices:
Other lower priced apartments are cheaper because they're absolute dumps.
The only place I saw in the 4 months of my apartment hunt that were halfway decent were €1400 without a parking space (which would have been €100 extra everywhere).
Dust/Builders:
I can see the builders in the other apartments, but can't hear a thing from them. The builders have shoe covers if they want to go into a finished building, and they use them all the time.
Occupancy:
My building has at least 2 out of the 3 apartments on each floor gone already, and someone living in them.
Snag List:
I got a snag list professionally done by a guy in the trade for 30 years, and there was only 3 very minor things (things I wouldn't even have noticed) left to be done.
His comment was that he'd never in all his years seen a place so well done and with such attention to detail.
There's nothing bad about this scheme at all.
Prices schmices - like a previous poster said: by the time I get around to looking for mortgage approval, I'll already have about €65k-80k off it.
Or I can just walk away.
Oh, and the balcony I have could fit another double bedroom on it. It's complete with fake grass and sockets if you want to have a barbeque (or cut the grass
).
Truly nothing to complain about with it. And so damn central I can drive over to the American Embassy in 15 minutes in the morning, but not so central that it's not peaceful.
Edit: what definitely would have been mad is paying the €510,000 for the apartment last November 2008, since they're €425,000ish now.
The developers cannot and will not sell below the actual cost of the apartment to them. I don't think prices will drop far too much lower.0 -
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ringleader wrote: »I got an apartment there on the rent2buy scheme, and I'm in 5 weeks now.
Have to say, it's simply awesome.
Noise/space:
Can't hear a damn thing once the windows are closed, it's so well insulated.
And the apartment is seriously roomy, with thought about storage space gone into it. It's hard to find apartments with sufficient storage space.
Insulation:
If you know anything about Building Energy Ratings (BER), these are A2 or so. Most houses would be C and below. The savings in heating alone are worth it.
Rent prices:
Other lower priced apartments are cheaper because they're absolute dumps.
The only place I saw in the 4 months of my apartment hunt that were halfway decent were €1400 without a parking space (which would have been €100 extra everywhere).
Dust/Builders:
I can see the builders in the other apartments, but can't hear a thing from them. The builders have shoe covers if they want to go into a finished building, and they use them all the time.
Occupancy:
My building has at least 2 out of the 3 apartments on each floor gone already, and someone living in them.
Snag List:
I got a snag list professionally done by a guy in the trade for 30 years, and there was only 3 very minor things (things I wouldn't even have noticed) left to be done.
His comment was that he'd never in all his years seen a place so well done and with such attention to detail.
There's nothing bad about this scheme at all.
Prices schmices - like a previous poster said: by the time I get around to looking for mortgage approval, I'll already have about €65k-80k off it.
Or I can just walk away.
Oh, and the balcony I have could fit another double bedroom on it. It's complete with fake grass and sockets if you want to have a barbeque (or cut the grass).
Truly nothing to complain about with it. And so damn central I can drive over to the American Embassy in 15 minutes in the morning, but not so central that it's not peaceful.
Edit: what definitely would have been mad is paying the €510,000 for the apartment last November 2008, since they're €425,000ish now.
The developers cannot and will not sell below the actual cost of the apartment to them. I don't think prices will drop far too much lower.
Well written Irish Times-Property Supplement article
. And good luck with your purchase. Welcome to world of NE.
Do you know developers actual cost? What's next lotto number by the way. In a system where selling prices are confidential, how do we know actual cost. And yes businessmen do sell products below actual cost. 0 -
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SuperQuinn still claim (Jan 09) to be occupying the main building in september, but will they? Also if they do will the place be affected negatively by the shoppers. Considering that area is absolutely crying out for a superquinn/dunnes/tesco type place.
No one seems to know about Starbucks?
So bottom line guys, as this is a Massive decision for us I'd love to hear your thoughts and opinions on this. What would you do in our situation?
Superquinn have signed on so if they do pull out they will face legal implications. I'm guessing they'll go ahead. If they don't then you can be guaranteed that at least one of the supermarket chains will jump in there. Any grocery store in the development will make good money. As I said though, Superquinn have signed and so I can't see them pulling out.
Starbucks is a definite no, they are not developing their Irish business any further at present. There is another coffee chain in discussions though.
As for management fees, that is scandalous, I would argue that one and see what happens. Get it reduced, they want to sell these apartments, not leave them idle and so that puts you at a good advantage.
It is big decision but you've just got to decide if you're willing to take a risk and deal with the outcome in the end whether it be good or bad.
Myself and my partner are moving in at the start of July. We're doing the rent to purchase scheme. It could turn out bad but then it could turn out really good and having assessed our situation, we don't have that much to lose but could gain a lot in the long run. We can't wait to move in!!
Best of luck, whatever you decide and don't let the scaremongering on here make your decision for you
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