Tuesday 21 November 2017

Drumm's home on market for €1.65m

Colm Kelpie

Colm Kelpie

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.

Irish Independent

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