Friday 15 December 2017

Budget boost proves lure

The living room in one of the Glenside, Carrickmines homes
The living room in one of the Glenside, Carrickmines homes
The half-brick, half-render facades

Glenside at Carrickmines Green, a new development of three, four and five-bed homes overlooking the Dublin Mountains, is close to the affluent Foxrock village but comes with more affordable pricetags.

This explains why more than 180 would-be buyers passed through the showhouse during last weekend's launch, with five sales racked up. Interest surged in the wake of the help-to-buy scheme unveiled in the Budget, which made first-time buyers of new builds eligible for a tax rebate on purchases of up to €600,000.

The cheapest of the four house types at Glenside is the type D, a three-bed-plus-study, mid-terrace home. It extends over 1,141 sq ft, with prices starting at €460,000. House type A is a four-bed style that comes as a mid-terrace or end-of-terrace, with sizes ranging from 1,506 sq ft to 1,513 sq ft. Type B, another four-bed, is also available as a mid-terrace or end-of-terrace and measures between 1,595 sq ft to 1,612 sq ft. Prices start at €515,000 for the four-bed style, and from €535,000 for the five-beds.

Glenside is being sold on behalf of receiver McStay Luby and is funded by the National Asset Management Agency (Nama). Carrickmines Green, a series of apartments, penthouses and duplexes off the Glenamuck Road, was built in 2010 by the Hanly Group. The developer ended up being one of the final casualties of the bust, and a receiver was subsequently appointed by Nama to take it over. During the property crash, these apartments were rented out and over time, tenants were given notice that the homes were being sold. As tenants moved out, the units were revamped and relaunched earlier this year.

While Glenside is near the apartment blocks, it is a brand new development on the site. There are 22 houses in the first phase, with 43 earmarked for the whole scheme, which is scheduled to be completed by April.

Each of the contemporary-style homes, which have half-brick half-render facades, come with a back garden with timber panel and concrete post fencing, and side entrance gates where applicable. They are arranged around a common green area that includes a playground.

All of the properties are laid out over three storeys.

At the three-bed type D, the second floor houses a study and a double bedroom with an ensuite, while the first floor has two more bedrooms, one of which is ensuite, and a family bathroom. At ground floor level is a living room to the front, a kitchen/dining room to the rear with doors opening on to the rear garden, and a guest WC in the middle.

The kitchens are by Kitchen Elegance and feature Silestone worktops and island units, as well as under-counter LED lighting in some kitchens. The appliances are included in the sale if contracts are signed within 21 days. Each bedroom has wardrobes with soft-close hinges supplied by Bedroom Elegance. The main bathroom and ensuite comes with sanitary ware, heated towel rails, and Velstone storage shelf detail. An electric Optiflame fire supplied by Dimplex forms the centrepiece of the living room.

The timber-frame houses at Glenside were designed to have a building energy rating of A3.

Energy efficient features include roof-mounted solar thermal panels that provide hot water, an A-rated gas condensing boiler with multi-zone controls to limit heat wastage. Improved air tightness combined with a heat recovery ventilation system help retain heat and minimises exposure to external elements. Heatmiser technology allows residents to control their home heating and hot water remotely.

Carrickmines Green is located adjacent to The Park, Carrickmines, a retail centre that counts TK Maxx and Costa Coffee among its outlets. Leopardstown Shopping Centre is also close by, as is Dundrum Town Centre and Carrickmines Golf Club.

Glenside at Carrickmines Green is within walking distance to schools such as New Sliabh Rua GaeilScoil. Schools including St Brigid's Girls National School in Cabinteely, St Brigid's Boys National School in Foxrock, Cabinteely Community School, and Loreto secondary school in Foxrock are also close by.

One of the biggest selling points of Glenside at Carrickmines Green is its accessibility to the city centre. The development is a short walk from the Ballyogan and Carrickmines stops on the Luas green line, which takes half an hour to reach the centre of Dublin. The area is also serviced by Dublin Bus routes 63 and 44. Motorists can access the M50 from exit 15.

Viewings at Glenside will be held between 2pm and 4pm tomorrow and Sunday.

Indo Property

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