Cork Property Thread

Slipperydodger

Not sure if there’s a Cork specific property thread? Just a place to discuss property listings, prices, new property developments and best/worst places to live.

BurnsCarpenter

There's a busy commercial property thread but no general thread for residential I think.

I've been keeping an eye out for a while. Looking to switch in the Douglas/Rochestown area but very limited options. If the kids weren't in school here already I'd be looking further afield.

Pricing seems all over the shop. Some places are priced way too high and end up selling a lot lower. Others seem to be deliberately underpriced with a view to generating a bit of interest.

rob316

BurnsCarpenter wrote: »

There's a busy commercial property thread but no general thread for residential I think.

I've been keeping an eye out for a while. Looking to switch in the Douglas/Rochestown area but very limited options. If the kids weren't in school here already I'd be looking further afield.

Pricing seems all over the shop. Some places are priced way too high and end up selling a lot lower. Others seem to be deliberately underpriced with a view to generating a bit of interest.

They are under priced to generate interest and they won't actually sell it for that price even if your the only offer as I found out on one house.
There was one house I bid on, 240k asking, I went in at 250k it went for nearly 275k. I'm sitting it out for a bit till demand comes down, its mad out there.

leahyl

I've been looking to buy for about 10 years.....still not there! You'd imagine I'd be in a good position now but prices are still crazy for a single person buying, unless they are earning the big bucks. I've nearly given up in the last 2 years but still have hope that prices will go down a bit at some stage. There is a serious lack of stock in the city suburbs too.:(

rob316

leahyl wrote: »

I've been looking to buy for about 10 years.....still not there! You'd imagine I'd be in a good position now but prices are still crazy for a single person buying, unless they are earning the big bucks. I've nearly given up in the last 2 years but still have hope that prices will go down a bit at some stage. There is a serious lack of stock in the city suburbs too.:(

The help to buy has driven up the price of new builds which has driven up the price of second hand homes. I reckon atleast 2 years before we start to see prices to come down.

leahyl

rob316 wrote: »

The help to buy has driven up the price of new builds which has driven up the price of second hand homes. I reckon atleast 2 years before we start to see prices to come down.

Great There's nothing around the 250k mark really that won't end up going above asking price so I don't even bother. I'm trying to hold out hope but it's getting to be more of a pipe dream as the years go on :pac: The new builds are ridiculously priced.

thejuggler

IMO trading up is harder than buying for the first time. I spent nearly a decade going to viewings, making offers (with mortgage approval). The agents didn’t want to know unless your own house was sold. Frustrating to say the least.
I can’t imagine many sales are happening this year unless they have changed their tune.

Flesh Gorden

Cork and Dublin City Councils are taking part in a pilot program for tenants to swap council houses.
It even mentions being able to swap from in different cities/towns.

https://www.homeswapper.ie/

I don't have any information beyond the press release from a few weeks ago, but it sounds interesting in terms of allowing people to downsize.

https://www.corkcity.ie/en/council-services/news-room/latest-news/cork-city-council-launches-online-home-swapping-platform-for-tenants.html

rob316

Flesh Gorden wrote: »

Cork and Dublin City Councils are taking part in a pilot program for tenants to swap council houses.
It even mentions being able to swap from in different cities/towns.

https://www.homeswapper.ie/

I don't have any information beyond the press release from a few weeks ago, but it sounds interesting in terms of allowing people to downsize.

https://www.corkcity.ie/en/council-services/news-room/latest-news/cork-city-council-launches-online-home-swapping-platform-for-tenants.html

That has been going on years, you have always been able to swap council houses there is FB pages dedicated to it. Council just throwing there weight behind it now.

opus

leahyl wrote: »

Great There's nothing around the 250k mark really that won't end up going above asking price so I don't even bother. I'm trying to hold out hope but it's getting to be more of a pipe dream as the years go on :pac: The new builds are ridiculously priced.

Are you set on a new-build? Normally interesting older houses around closer to the city centre. I went for one in Shandon myself although that was during the bursting of the property bubble five years ago.

rob316

leahyl wrote: »

Great There's nothing around the 250k mark really that won't end up going above asking price so I don't even bother. I'm trying to hold out hope but it's getting to be more of a pipe dream as the years go on :pac: The new builds are ridiculously priced.

I'm in the market for a fixer upper with a bit of a site, but even there its impossible they are all been snapped up as rental investment properties.
I had my heart set on house in my parents estate, it was only a bungalow, that needed to be complete gutted and underpinned but its on a fantastic corner site. Asking €210k, it went for €235k, I just couldn't compete considering it needed 100k renovation too.

The new builds aren't too bad, my friend bought off the plans for a new place in carrigtwohill. 3 bed semi, nice garden, 270k after HTB.

leahyl

opus wrote: »

Are you set on a new-build? Normally interesting older houses around closer to the city centre. I went for one in Shandon myself although that was during the bursting of the property bubble five years ago.

Not at all! I’d actually prefer a second hand house but there’s nothing affordable there either, anything that is affordable either needs a lot of renovation/redecorating or there is a lot of competition and going over asking price and I’m not prepared to go too much over asking and make an idiot of myself. The new houses, of course, are ready to move into obviously but I think they are very expensive - 275k for a 2 bed terraced house for example in that new housing estate in Glanmire? Madness! I think I’m prob gonna have to bite the bullet soon though, can’t live at home forever :-D!

I would want a house though in the suburbs not in the city centre and not something tiny - I mean, I know I’d be living on my own but would hope it won’t be that way forever ;-) would love a 2/3 bed semi. They were affordable during the recession like, but I missed the boat then :-(

Nigel Fairservice

leahyl wrote: »

Not at all! I’d actually prefer a second hand house but there’s nothing affordable there either, anything that is affordable either needs a lot of renovation/redecorating or there is a lot of competition and going over asking price and I’m not prepared to go too much over asking and make an idiot of myself. The new houses, of course, are ready to move into obviously but I think they are very expensive - 275k for a 2 bed terraced house for example in that new housing estate in Glanmire? Madness! I think I’m prob gonna have to bite the bullet soon though, can’t live at home forever :-D!

I would want a house though in the suburbs not in the city centre and not something tiny - I mean, I know I’d be living on my own but would hope it won’t be that way forever ;-) would love a 2/3 bed semi. They were affordable during the recession like, but I missed the boat then :-(

I found the same. I was looking at houses in Turner's Cross, Douglas and Blackrock for a good bit. A lot of the houses we viewed were older and in need of a bit of work to modernise them a bit. We could maybe swing the mortgage but there would be nothing left over for decoration/furnishings or to have work done to the house. I wish I was in a position to buy a house during the last downturn. A relative bought a house in Dublin on their own during that time that they wouldn't be able to afford today. I guess it's all about timing.

opus

leahyl wrote: »

Not at all! I’d actually prefer a second hand house but there’s nothing affordable there either, anything that is affordable either needs a lot of renovation/redecorating or there is a lot of competition and going over asking price and I’m not prepared to go too much over asking and make an idiot of myself. The new houses, of course, are ready to move into obviously but I think they are very expensive - 275k for a 2 bed terraced house for example in that new housing estate in Glanmire? Madness! I think I’m prob gonna have to bite the bullet soon though, can’t live at home forever :-D!

I would want a house though in the suburbs not in the city centre and not something tiny - I mean, I know I’d be living on my own but would hope it won’t be that way forever ;-) would love a 2/3 bed semi. They were affordable during the recession like, but I missed the boat then :-(

Well if you do look at any houses needing renovation, I'd highly recommend sticking the areas on this map & having a read of the info the Living City Initiative. It worked out well for me, a lot of bureaucracy to work through but the reward was very much worth it. It's running 'til the end of next year as far as I remember.

sharingan

Pay some serious attention to the Living City Initiative, there are some big tax savings to be made for fixer-uppers in those places and it covers a big footprint.

rob316

Sean Blue Planetarium wrote: »

https://www.daft.ie/cork/houses-for-sale/ballincollig/3-short-range-powdermills-ballincollig-cork-3178639/


EA's around here losing their minds

There's alot of potential in that to be fair, looks like you could easily build an extension and still have a decent garden.

RINO87

Looking for Broker recommendations if anyone has any please?

Used an on-line crowd around this time last year, and have everything good to go, but obviously covid may change things...
Would like to use a local independent (as in not tied to a bank).

If anyone has anything to say, good or bad about local brokers used I'd love to hear it - Don't mind PM's if necessary....

Thanks

IHateNewShoes

RINO87 wrote: »

Looking for Broker recommendations if anyone has any please?

Used an on-line crowd around this time last year, and have everything good to go, but obviously covid may change things...
Would like to use a local independent (as in not tied to a bank).

If anyone has anything to say, good or bad about local brokers used I'd love to hear it - Don't mind PM's if necessary....

Thanks

Would be interested in this also, did you get any recommendations?

rob316

rob316 wrote: »

There's alot of potential in that to be fair, looks like you could easily build an extension and still have a decent garden.

its the area also, Ballinlough is a decent area and within walking distance to town and a lot of amenties

RINO87

IHateNewShoes wrote: »

Would be interested in this also, did you get any recommendations?

Yes, I've been working with Veronica at cork-mortgage-broker.ie and she has been great.

corks finest

Flesh Gorden wrote: »

Cork and Dublin City Councils are taking part in a pilot program for tenants to swap council houses.
It even mentions being able to swap from in different cities/towns.

https://www.homeswapper.ie/

I don't have any information beyond the press release from a few weeks ago, but it sounds interesting in terms of allowing people to downsize.

https://www.corkcity.ie/en/council-services/news-room/latest-news/cork-city-council-launches-online-home-swapping-platform-for-tenants.html

That's going on years, maybe not in the exact format as now, but in N of Ireland and England it's v common

leahyl

[Deleted User] wrote: »

its the area also, Ballinlough is a decent area and within walking distance to town and a lot of amenties

It’s in Ballincollig not Ballinlough

leahyl

leahyl wrote: »

It’s in Ballincollig not Ballinlough

ah read that wrong. Rip off so

leahyl

Deleted User wrote: »

ah read that wrong. Rip off so

add another 100k onto that if it was Ballinlough I'd say :P

leahyl

leahyl wrote: »

add another 100k onto that if it was Ballinlough I'd say :P

I would actually

For some reason when I saw it I thought it was the row of houses to your left when you go onto ballinlough Road just after the southern star

Any way back to topic. I've seen a few houses in mercier Park sold recently for between 220 -250 and they are doing works on them now, I'd hazard a guess of 100k going into them. Looking at that and the purchasing costs are houses there honestly worth 320-350, I wouldn't think they are.

I wonder what area will see the most growth. Personally I stayed away from new estates, its appealing to move into a turnkey but established areas appeal more to me..I look at lehenaghbeg as an example, those houses aren't cheap and they are have plonked hundreds up there without a footpath to get you to the rest of civilisation. I know there are plans but they've been talked about thar for 10 years if not longer. They don't even have a corner shop. Yet I look at the house prices and its insane.

I think douglas area, not the top of Marlborough or grange/donnybrook, but within 15min walking to the village on each side will see increases. Ballintemple and ballinlough will always rise and have appeal. If I had the money I'd buy in waterfall or the ballinhassig side of spur Hill, still close to the city and have that country feel

whatever76

Yea when I was looking 2 years back I looked at a house in Mercier Park - complete Reno and was going for 245k at the time ; EA said I was basically buying the site ! It was too much of a stretch for me . It is a lovely park though, great location so I can see the appeal . Some real nice renovated houses in there now. Its the price point for all houses around Turners Cross though really - anything needing work ~250 - ~270 ( std 2- 3 bedrooms) and anything in decent condition - 310 - 330 . Been watching it myself recently and any house that went up for sale since Covid have sold within a couple of weeks. Its very much in demand area currently and again some lovely jobs done on the houses.

sharingan

Deleted User wrote: »

Any way back to topic. I've seen a few houses in mercier Park sold recently for between 220 -250 and they are doing works on them now, I'd hazard a guess of 100k going into them. Looking at that and the purchasing costs are houses there honestly worth 320-350, I wouldn't think they are.

I have viewed a couple of them up around there. They have one thing going for them, and that they have a lot of outdoor garden space - especially those houses backing onto the south link.

For reference I think the SE corner house has an extension out the back and its a 2 story extension. Meant to be epic. But I think the base template of the houses there has poor support for a modern kitchen. Which means you have to change the exterior structure to get it into a state where it will comfortably demand something in the 300s or so.

Slipperydodger

What is Eagle Valley like for the rental market?

rcreedana

The price is mad but reading the description is even more frustrating: "This property not only offers buyers a spacious and comfortable place to live but also the chance to invest in the fast-growing Irish holiday rental market." Seems like they're targeting some AirBnB style property investors. I wonder how much just the presence of those players/potential buyers has an effect on the second hand market.

leahyl

Sean Blue Planetarium wrote: »

https://www.daft.ie/for-sale/detached-house-harleen-hawkes-road-bishopstown-co-cork/2873002

what am I missing here? nice location and reasonable finish inside and nice back garden but 600k? there are new builds up the road from this for 500ish. What kind of market is there for a house at this price when you take away FTBS? bought for 310 3 years ago. Second hand market is out of control.

Saw this yesterday too and was asking myself the same question :rolleyes: I can't see myself ever being able to buy on my own if a house like that is 600k - what are the chances of buying a bog standard 3 bed semi in the suburbs on my own......zero at the moment anyway.

RINO87

Sean Blue Planetarium wrote: »

https://www.daft.ie/for-sale/detached-house-harleen-hawkes-road-bishopstown-co-cork/2873002

what am I missing here? nice location and reasonable finish inside and nice back garden but 600k? there are new builds up the road from this for 500ish. What kind of market is there for a house at this price when you take away FTBS? bought for 310 3 years ago. Second hand market is out of control.

Wow. 600K for that... Even in todays climate that is waaaayyyy off. Don't ask and you wont get I suppose is what that agent is thinking.

Acosta

RINO87 wrote: »

Wow. 600K for that... Even in todays climate that is waaaayyyy off. Don't ask and you wont get I suppose is what that agent is thinking.

I'd like to live Bishopstown, but not that much.

fonecrusher1

Sean Blue Planetarium wrote: »

https://www.daft.ie/for-sale/detached-house-harleen-hawkes-road-bishopstown-co-cork/2873002

what am I missing here? nice location and reasonable finish inside and nice back garden but 600k? there are new builds up the road from this for 500ish. What kind of market is there for a house at this price when you take away FTBS? bought for 310 3 years ago. Second hand market is out of control.

Absolutely mental.

Really is a reflection of how bad the housing shortage is. Nice area but its a very standard medium size house and by the looks of the interior shots its a rental meaning if you wanted to make it a home you'll be spending plenty more after the purchase.

liam7831

.

paintinglasses

Sean Blue Planetarium wrote:

what am I missing here? nice location and reasonable finish inside and nice back garden but 600k? there are new builds up the road from this for 500ish. What kind of market is there for a house at this price when you take away FTBS? bought for 310 3 years ago. Second hand market is out of control.

Whoever looks at this house should also look at the plans for the huge housing complex that the city are looking to build right behind this house. The back garden won't be too appealing then!I think they're just chancing their arm and get out before building starts.

the beer revolu

paintinglasses wrote: »

Whoever looks at this house should also look at the plans for the huge housing complex that the city are looking to build right behind this house. The back garden won't be too appealing then!I think they're just chancing their arm and get out before building starts.

That's hardly priced for a quick sale!

corks finest

fonecrusher1 wrote: »

Absolutely mental.

Really is a reflection of how bad the housing shortage is. Nice area but its a very standard medium size house and by the looks of the interior shots its a rental meaning if you wanted to make it a home you'll be spending plenty more after the purchase.

Know that house, huge ground, Harry jennings the bread man used own it, you could build another house behind it(assuming all that land is with h) ouse

corks finest

the beer revolu wrote: »

That's hardly priced for a quick sale!

It's in need of serious modernisation, but serious bit of land with it considering it's Bishopstown, I'm uam var Ave originally and what you're buying is location, it's definitely worth it

fonecrusher1

corks finest wrote: »

Know that house, huge ground, Harry jennings the bread man used own it, you could build another house behind it(assuming all that land is with h) ouse

True enough I'd say the land potential is the reason for the price. Whats the odds a number of property developers are sniffing around it licking their lips.

One thing though, wasn't there a proposed apartment development refused just around the corner from that house? Not sure if it was refused or is still being disputed.

corks finest

fonecrusher1 wrote: »

True enough I'd say the land potential is the reason for the price. Whats the odds a number of property developers are sniffing around it licking their lips.

One thing though, wasn't there a proposed apartment development refused just around the corner from that house? Not sure if it was refused or is still being disputed.

Devolopment granted AFAIK not far from that property

Mardyke

corks finest wrote: »

It's in need of serious modernisation, but serious bit of land with it considering it's Bishopstown, I'm uam var Ave originally and what you're buying is location, it's definitely worth it

WTF?

No offense, but Bishopstown is a miserable place at this stage. It badly needs a centre, some thought put into creating a village feel.

That house is on a busy rat run and will be surrounded by student apartments soon.

I wouldn't pay 150k for it?

Is the land worth 600k?

corks finest

Mardyke wrote: »

WTF?

No offense, but Bishopstown is a miserable place at this stage. It badly needs a centre, some thought put into creating a village feel.

That house is on a busy rat run and will be surrounded by student apartments soon.

I wouldn't pay 150k for it?

Is the land worth 600k?

Can't put a village feel into Bishopstown, nor should you too spread out, everything is within walking distance - loads of schools(good schools) 3 churches, shopping centres - sports facilities, Murphys farm, 2 libraries,
Mostly private housing, old neighbourhoods containing ppl with pride in their locality ie keeping it clean, a really great area to bring up children - - - list goes on
Sought after location several bus routes, I'd giveymy eye teeth to be back there

timmyjimmy

Mardyke wrote: »

WTF?

No offense, but Bishopstown is a miserable place at this stage. It badly needs a centre, some thought put into creating a village feel.

That house is on a busy rat run and will be surrounded by student apartments soon.

I wouldn't pay 150k for it?

Is the land worth 600k?

Its a near 200m2 house in fairness so would get a lot more than 150k but they're dreaming at 600k.

Your right about Bishopstown do, don't see the attraction.

Outkast_IRE

Bishopstown is an odd one , as mentioned above no town centre . Wilton is as close to a centre as you get.

There is massive attraction to bishopstown though , very close to the two universities and CUH, some of the biggest employers in the city . Might be the best served suburban area for buses , cycle lanes etc. Well regarded primary and secondary schools.

However I do think it's just getting busier and busier with traffic making it less attractive in that regard.

But alot of the houses are a good size , in estates with decent green space and are generally quiet enough with little trouble .

timmyjimmy

If I had 600k to spend, Bishopstown would be way down the list of places i'd like to live.

Outkast_IRE

timmyjimmy wrote: »

If I had 600k to spend, Bishopstown would be way down the list of places i'd like to live.

Well the house posted previously certainly wouldn't be where I'd spend 600k.

timmyjimmy

Outkast_IRE wrote: »

Well the house posted previously certainly wouldn't be where I'd spend 600k.

Definitely. While still pricey, 560k is asking for this house off Wellington rd. A stone throw from the city centre, it's not just near amenities and work, it's a nice area to live:

https://www.daft.ie/for-sale/detached-house-norville-42-sidney-park-wellington-road-montenotte-co-cork/1385031

the beer revolu

timmyjimmy wrote: »

Definitely. While still pricey, 560k is asking for this house off Wellington rd. A stone throw from the city centre, it's not just near amenities and work, it's a nice area to live:

https://www.daft.ie/for-sale/detached-house-norville-42-sidney-park-wellington-road-montenotte-co-cork/1385031

Sydney Park is lovely.
You're essentially in the city centre but with a real leafy suburb feel to it.
Very desirable.

Outkast_IRE

timmyjimmy wrote: »

Definitely. While still pricey, 560k is asking for this house off Wellington rd. A stone throw from the city centre, it's not just near amenities and work, it's a nice area to live:

https://www.daft.ie/for-sale/detached-house-norville-42-sidney-park-wellington-road-montenotte-co-cork/1385031

Lovely house. I worked on a few houses up in that area , the one you linked to has had alot of decent quality work done over the years. But some of the others I worked in up there would need a good few quid invested in them to bring them up to scratch . Joy of a period property I guess.

timmyjimmy

Outkast_IRE wrote: »

Lovely house. I worked on a few houses up in that area , the one you linked to has had alot of decent quality work done over the years. But some of the others I worked in up there would need a good few quid invested in them to bring them up to scratch . Joy of a period property I guess.

Currently renting in the area and we tried our best to buy something around St. Lukes, albeit not in the price range mentioned above. It was pretty ruthless in bidding and didn't work out. Saying that, we went sale agreed on a house in Ballintemple so pretty happy with that