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Millers Glen - new scheme in Swords

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  • 06-09-2014 6:02pm
    #1
    natali1982
    Registered Users Posts: 115 ✭✭


    Hi Guys

    Has anyone been there today? Was there much interest? Thx


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    #2
    jellybear
    Registered Users Posts: 3,231 ✭✭✭jellybear


    Was there today and there was lots of interest. Seemed very popular going by people's reactions to the different houses and rooms.


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    #3
    natali1982
    Registered Users Posts: 115 ✭✭natali1982


    Thanks. So were they already collecting bookings?


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    #4
    jellybear
    Registered Users Posts: 3,231 ✭✭✭jellybear


    Yeah and lots from the size of the queue :)

    Edited to add:
    Just saw an update there for anyone interested- all 2 beds sold, good selection of 3 beds and two 4 beds left :)


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    #5
    Atlantic Dawn
    Registered Users Posts: 82,685 ✭✭✭✭Atlantic Dawn
    M


    Seems pretty poor demand if they were not all sold out on the first day, only 60 odd houses, no new housing built in Swords since 2007/2008. If all the gazumping from private sales and massive demand was to believed 60 odd houses which appear to be high spec that are sold at a fixed price and had coverage in the media all week should be sold out in 24 hours.


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    #6
    tenifan
    Closed Accounts Posts: 523 ✭✭✭tenifan


    Atlantic Dawn wrote: »
    Seems pretty poor demand if they were not all sold out on the first day, only 60 odd houses, no new housing built in Swords since 2007/2008. If all the gazumping from private sales and massive demand was to believed 60 odd houses which appear to be high spec that are sold at a fixed price and had coverage in the media all week should be sold out in 24 hours.

    If the houses cost €280k, and assuming banks require a 10% deposit and lend 4x your salary, it means people buying the houses would require an income of €63k, which I reckon is considerably higher than the average wage in swords.

    About the 4x salary rule, I've often heard it's 4x the breadwinner's salary plus the lower salary. Not sure if that's true, but either way, I think a lot of people would struggle to get a mortgage for that amount.


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    #7
    wiseoldelf34
    Registered Users Posts: 208 ✭✭wiseoldelf34


    how much are the 4 bed going for?


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    #8
    Atlantic Dawn
    Registered Users Posts: 82,685 ✭✭✭✭Atlantic Dawn
    M


    wiseoldelf34 wrote: »
    how much are the 4 bed going for?

    €400k


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    #9
    wiseoldelf34
    Registered Users Posts: 208 ✭✭wiseoldelf34


    Atlantic Dawn wrote: »
    €400k

    Jesus that's crazy.looks like the property madness is off again


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