First time buyers and investors in the hunt for €375k home on Cork’s Richmond Hill

Possibility Knocks: Carrig Ard in Cork City

Nestled in the heart of Cork City’s vibrant richmond Hill area, Carrig Ard presents a unique possibility for both first-time buyers and savvy investors. this six-bedroom home, situated on Gordon’s Terrace, boasts a convenient location close to the city centre and an impressive rental income stream.

Currently generating a remarkable €3,500 per month in rent, Carrig Ard demonstrates its strong appeal to investors. According to Áine McLoughlin of AML Property Services, however, it’s the “big draw” location that truly sets this property apart. “It’s unusual,” she says, “just a short stroll from Cork city center, St Luke’s Cross and Patrick’s St. Ther’s a fine green area nearby too, Bells’ Field – even featured in the hit TV series The Young Offenders!”

Carrig Ard is not just a profitable investment; it’s a blank canvas waiting for a creative vision. Its existing layout offers ample opportunity for a modern makeover, envisioning an open-plan ground floor and an upgraded rear extension. Imagine transforming the long, narrow raised rear garden, running down to a high cliff wall, into a breathtaking outdoor oasis with stunning views.

Picture yourself perched on one of the upper floors, overlooking the city with panoramic views of Shandon and the entire northside. It’s the perfect spot for a home office, study, or simply to escape and soak in the vibrant energy of Cork city.

Carrig Ard: A Cork City Gem Awaits

nestled on Gordon’s terrace in the heart of Cork City’s Richmond Hill, Carrig Ard is more than just a house – it’s a canvas waiting for an artist’s touch. This six-bedroom property exudes potential, offering a unique blend of history, charm, and convenience for both first-time buyers and savvy investors.

Áine McLoughlin of AML Property Services highlights the property’s unique allure. “It’s unusual,” she says, “just a short stroll from Cork city centre, St Luke’s Cross and Patrick’s St. There’s a fine green area nearby too, Bells’ Field – even featured in the hit TV series the Young Offenders!”

With a contemporary BER of F, the property offers a blank slate for prospective buyers eager to modernize and customize their living space. Current owners can tap into government grants to help with the upgrade process, making Carrig Ard a notably attractive proposition.

Áine adds, “This part of the city is growing in popularity among house hunters, some of whom are embarking on substantial upgrades, including on Gordon’s Terrace itself.” With an inviting asking price of €395,000, Carrig Ard is attracting attention from those seeking a piece of Cork City’s vibrant tapestry.

Currently generating an impressive €3,500 per month in rental income, Carrig Ard presents a compelling opportunity for investors seeking a solid return on their investment. The property’s desirability as a rental option further underscores its potential.

Verdict:

Carrig Ard is a rare find – a property brimming with potential in a coveted cork City location. First-time buyers should seize this opportunity to secure their dream home, but savvy investors will undoubtedly be hot on their heels.

Carrig Ard: A Dublin gem Awaits Conversion

Carrig Ard, a captivating Dublin residence, stands poised for its next chapter. This traditional property, set against the backdrop of the city’s bustling energy, presents a tantalizing opportunity for a buyer seeking to create their own urban sanctuary.

With its spacious layout begging for a contemporary touch, Carrig Ard offers the chance to craft a stunning open-plan kitchen and living area. Imagine entertaining friends and family in a light-filled space overlooking breathtaking panoramas of Shandon and the northside.

“There’s definitely room for improvement in terms of energy efficiency,” notes Áine McLoughlin, a local property expert. “But that’s also an opportunity to make the house more eco-pleasant and potentially tap into SEAI grants to help with the costs.”

This area of the city is experiencing a surge in popularity, with homeowners undertaking significant renovations. Carrig Ard, nestled amongst these rejuvenated properties, is sure to resonate with buyers seeking to invest in both a agreeable living space and a lucrative asset.

“It’s appealing to a broad range of buyers, really,” explains McLoughlin. “First-time buyers dreaming of putting their stamp on a property in a fantastic location will be drawn to Carrig Ard. At the same time, savvy investors will see the potential for both rental income and future capital thankfulness.”

Carrig Ard’s solid rental history speaks volumes about its desirability, further solidifying its appeal as a wise investment.

“I can already picture someone waking up to those city views every morning,” shares McLoughlin. “Enjoying the vibrant life just a short stroll away.It’s truly a unique opportunity.”

The story of Carrig Ard is yet to be written. Will it become a vibrant family home? A luxurious pied-à-terre for a discerning investor? Perhaps something entirely different?

One thing is certain: this house, brimming with potential, awaits the right buyer to unlock its secrets and transform it into a reality far exceeding expectations.

What are the specific government schemes and grants mentioned in the article that can definitely help with energy efficiency upgrades for Carrig Ard?

Carrig Ard: A Cork City Gem Awaits Conversion

Carrig Ard, a captivating Dublin residence, stands poised for its next chapter. This conventional property, set against the backdrop of the city’s bustling energy, presents a tantalizing possibility for a buyer seeking to create their own urban sanctuary.

A Chat with Áine McLoughlin of AML Property Services

We spoke to Áine McLoughlin, an expert in the Dublin property market, about the unique appeal of Carrig ard.

What makes Carrig Ard stand out in the current Dublin property market?

“Carrig Ard has so much to offer,” Áine explains. “It’s a spacious home with grand proportions, perfect for those who wont to create a sophisticated and unique living space. The location is also unbeatable, with easy access to the city center and all its amenities. Plus, there’s a real opportunity for buyers to put their own stamp on the property and make it truly their own. With some modern updates, Carrig Ard could become a truly stunning home.”

What are some of the key features that attract buyers to this property?

“The potential, without a doubt,” Áine enthuses. ” Imagine waking up to stunning views of the city from the upper floors, enjoying entertaining in a light-filled living space, and stepping outside into a garden ready to be transformed into an oasis. It’s a blank canvas for someone with a vision.”

The property is listed with a BER of F – how can a prospective buyer approach energy efficiency upgrades?

“That’s a great point,” Áine says. “It’s definitely an opportunity for buyers to improve the property’s energy rating. Thankfully,there are government schemes and grants available to help with the costs of upgrades. It allows someone to create a truly sustainable home without breaking the bank.”

Do you think Carrig Ard will appeal more to first-time buyers or investors?

“Both,” Áine asserts.”First-time buyers who are looking for a project and a chance to build equity will be drawn to its potential. Simultaneously occurring, investors will see the strength of the rental market in this area and the chance for a good return. It’s a property that ticks a lot of boxes.”

What do you envision as the ultimate destiny for Carrig Ard?

“That’s the exciting part,” Áine concludes with a smile. “It could become anything! A stylish family home? A stunning architectural gem? The possibilities are truly endless. It all depends on the vision of the buyer who takes on this exciting project.”