Monday 24 July 2017

Fix it: The ghost of a farm in D18

 

Springfield Farm
Springfield Farm
Mark Keenan

Mark Keenan

What is it? Springfield Farm is the last one-acre remnant of a once substantial agri holding at Springfield Lane on the Lower Glenamuck Road in Carrickmines, Dublin 18. The land has gradually been sold over the decades for development and now all that remains is the old farmhouse, the farm yard, assorted outbuildings, a paddock and the garden.

Tell me more about the place... 

South Dublin was once full of dairy farms serving the big creameries like Hughes Brothers at Nutgrove which are now long gone. Most have made way for developments from the 1970s as the expanding city caught up with their once sleepy rural locations. It is more than 30 years since Springfield was operated as a farm. The house itself is believed to date from the mid-to-late 19th century and spans a decent 1,615 sq ft inside. The grounds include a small walled garden to the front, an orchard, a paddock to the rear and a range of single and two-storey stone outbuildings.

The good news?

The house appears to be in reasonably sound structural condition and there is no sign of ominous bending or curvature in the ridge. While not listed or protected, it has plenty of historic character attached. An acre is a lot of land in D18 and the “Objective A” zoning will allow for perhaps one other house on the site. The ideal option is to refurb the existing home, double its size with a two-storey extension to the rear and redo the coach house as a second residence to sell on,  or else turn it into a studio or granny flat.

And the bad news? 

The house hasn’t been occupied in eight years and will certainly require rewiring, replumbing, new electrics, replastering, a new kitchen and new bathrooms. The grounds require cleaning up and landscaping.

The extension will be quite expensive.

How much to buy it? 

The property is currently for sale at €800,000.

And to fix it up? 

An additional spend of €200,000 should get you the extended house and grounds in tip-top condition. You still have potential for another home to develop and sell.

What will I end up with? 

You’ll end up with a large luxurious home of historic character in the prestigious D18 postcode on an acre — and a property which could fetch €1.1m around these parts. Plus you’ll have the nest egg of future profit potential with further development of a second home here down the line.

Who do I talk to? 

Callum Bain at Colliers (01) 6333700.

Indo Property

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