Monday 1 May 2017

Last call for Adamstown

Alderlie, Adamstown, Lucan, Co Dublin Asking price: €270,000 Agent: Savills (01) 6181300 or Leahy Residential (01) 6011811

Alderlie exterior
Alderlie exterior

During the throes of the Celtic Tiger, a planned town in west Dublin was designed to help ease the capital's housing crisis. In 2003, Adamstown became the country's first Strategic Development Zone to benefit from fast-track planning, with a vision that 25,000 people would live in 10,000 homes there by 2017 and amenities being delivered in tandem with housing.

But just like Shannon, where a town was built on reclaimed marshland in the 1960s to house airport workers and their families, the facilities and population was slow to take off. A train station, with direct access to Heuston Station opened in 2007, but the property crash called a temporary halt to Adamstown's ambitions, leaving the new town with just 1,400 new housing units between 2005 and 2009. By the time Alderlie was launched in Adamstown last October, it was the first housing scheme of any significance in a decade.

The timing of the launch was precipitous - just three days after the Government announced a help-to-buy scheme for first-time buyers. Between then and the end of December, 76 three and four-bed homes at the development were sold and Alderlie generated more online searches than any new residential scheme from 2016.

This weekend sees the launch of the final sales push at Alderlie. There will be 40 on offer in the latest release at the Castlethorn Construction scheme, all of which are three-beds, with prices starting at €270,000.

David Browne, director of new homes at Savills Ireland, said: "The speed at which phase one of Alderlie sold out was unprecedented - something we haven't seen since before the downturn.

"The introduction of the help-to-buy scheme for new-home buyers was undoubtedly a contributing factor, however, the quality of the units in addition to the new local infrastructure and amenities has made Adamstown an attractive location to live in. We expect the remaining houses to be snapped up in a relatively short period of time." Even since the launch, the infrastructure has improved, with the Phoenix Park tunnel opening to commuters in November for the first time in a century. The tunnel enables train services from Adamstown to go directly to the IFSC and Grand Canal Dock rather than having passengers travel to Heuston Station and then getting the Luas. Adamstown Station is just 150m from Alderlie.

The properties, designed by O'Mahony Pike architects, have elegant brick and render exteriors. Child-friendly public open spaces are dotted throughout sections of the development.

The three-bed properties have 1,140 sq ft of space and are available either with or without a utility room. The latter option opens up more space in the kitchen/dining area, with patio doors to the back garden.

Also in the latest release is a brand new house type, namely a much larger three-bed, with a study, two living rooms and 1,550 sq ft of accommodation spread out over three floors.

The homes at Alderlie were designed to have an A3 BER and come with features such as roof-mounted PV panels to generate extra electricity and a Climote system controlled remotely through a smartphone app.

The showhomes at Alderlie will be on view tomorrow and Sunday, between 2pm-4pm.

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