Friday, May 25 2012

Intermittent Clouds Dublin Hi 20 °C | Lo 10°C

Property & Mortgages

Drumm's home on market for €1.65m

By Colm Kelpie

Wednesday February 01 2012

THE luxurious north Dublin home of former Anglo Irish Bank boss David Drumm has been put up for sale for €1.65m -- about half what it was worth at the peak of the property boom.

The six-bedroom home in Abington, just off the Swords Road in Malahide, is being sold as part of Mr Drumm's bankruptcy proceedings in the US.

The 480sqm home comes complete with an entrance hall with timber staircase, three reception rooms, a large kitchen with a sun-filled dining room, six bedrooms including a luxurious master suite with dressing room, and five bathrooms.

Simon Stokes, of North's Property, said the first viewing would take place on Saturday.

"It's probably being priced at the moment at about 50pc or a bit less of its peak price," Mr Stokes said.

He said the property would have been valued at between €3.2m to €4m during the boom years.

- Colm Kelpie

Irish Independent

 
 

Highlights

Independentwoman.ie

Independent Woman

A fresh, fun site featuring celeb gossip, fashion, beauty, love & sex, and health & fitness.

Findajob.ie

Job search

Search for jobs by keyword, category, or location.

College

Third Level College

Diploma, Degree, Postgraduate and Professional Courses

Yourlocal.ie

Directory

Wherever you are... Find what you're looking for on Yourlocal.ie.

GrabOne

GrabOne

Daily Deals: Find the best things to do, see and eat in Ireland

More in Property & Mortgages (1 of 6 articles)

Headache for buyers over house price divide as Dublin goes up

Read more »