Geraldstown Woods Santry

Eoghan25

Hi,
Just seen an apartment i may be intrested in its on santry avenue the very top beside the ballymun road round about. I have 2 concerns
firstly it is very close to the ballymun flats and secondly was up there was told the property managment has gone bust they are appointing another one at the moment they told me they are hoping for a reasonable enough managment but im weary of buying and getting stuck with high mainetance fee has anyone got any advice on this
cheers
eoghan

Victor

Eoghan25 wrote:

firstly it is very close to the ballymun flats

So? Buy or don't buy. All the towers are going anyway.

Eoghan25 wrote:

and secondly was up there was told the property managment has gone bust

More worrying, have your solicitor watch this and if necessary use your money as leverage. "No management company - no money."

Insisting on a low management can can just mean you get a lousy service that people won't want to change - double edged sword.

MorningStar

Ballymun is no where near as bad as it was but I can understand your concern. The new development has a lot of private property so the mix will be different. It may work out well or very baddly. I would guess at it working but I wouldn't chose to live there because of the risk but I have a more options.
No matter who the management company is I don't think you have protection about it going up. I'd be curious why they went bust, was it because the cost of maintence was so high? Bored kids might have been smashing the windows every day for all I know.
Even saying that Ballymun has one of the worst reputations in the country this will effect the value of your property forever. Even if the neigbourhood improves it will always hold the reputation. If the Ikea store gets built you will find traffic holding you prisoner in your home. That alone would put me off.

Eoghan25

found out today that it is outside of the dublin city boundry im doin shared ownership so there goes that one anyway