Sunday 22 October 2017

Fix it up: Drumcondra three-bed terrace

 

Hollybank, Drumcondra
Hollybank, Drumcondra
The interior of the Drumcondra property
Mark Keenan

Mark Keenan

What is it?  A late Victorian/Edwardian era home for complete top-to- toe renovation at the Glasnevin end of D9 Drumcondra. 

Tell me more about the place...   An executor sale with nothing done in 50 years and a single -storey bathroom downstairs. A new owner will likely demolish this to build a modern kitchen/dining/living extension and convert the single bedroom into an upstairs bathroom, then open up the attic to replace that bedroom. 

The good news? The structure seems sound. Values have surged here as those priced out of Glasnevin redbricks at nearby Iona, Botanic and Lindsay Roads look at their next best options. The house is substantial at 1,100 sq ft with a bigger footprint than others. The Luas is coming to nearby Phibsborough and the Grangegorman college expansion continues, so values can only go up.  

And the bad news?   Rewiring, replumbing, replastering, kitchen and bathroom, windows, damp proofing. There are settlement cracks in the annexe though they look historic and a survey will be necessary to determine what the roof is like.  

The interior of the Drumcondra property
The interior of the Drumcondra property

How much to buy it?   The price is €450,000. 

And to fix it up?   A spend of €100,000 to €120,000 will cover the above.  What will I end up with?   A swanky period home with character in an improving area. 

Who do I talk to?  Eoin O'Toole at Lisney (01)8536016       

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