Greystones 4-bed home sold for €505k last year... Now it's on the market for €675k
5 The Pier Marina Village, Greystones, Co Wicklow
Asking price: €675k
Agent: Sherry Fitzgerald Greystones, (01) 2874005
Greystones is looking mighty fine on a bright, crisp Monday morning, its leaf-strewn pavements pounded by runners determined to get the week off to a good start, and the seats outside its cafes populated by lithe people in athleisure gear, rewarding themselves after yoga, pilates or a trot along the cliff walk from Bray over the hill to the north. The Irish Sea twinkles in a beguiling fashion, although sadly it's too late to catch the Flynn brothers from the village's most famous pit stop, The Happy Pear, emerging from the water after one of their sunrise swims.
Greystones Marina, which lies on the Dublin side of the village, was a twinkle in someone's eye as far back as the early 2000s. It was a long and tortuous process to bring the development to fruition.
The initial public-private partnership between Wicklow County Council, Sisk and Park Developments announced its plans in 2006, only to be met with over 9,000 objections from local residents and others who feared that the benefits of the improvements to the harbour, which had fallen into a sorry state, were outweighed by the ceding of the foreshore and beach to the developers, who planned to build houses on reclaimed land.
When the scheme got the go ahead, works on the harbour commenced but ground to a halt during the recession. Locals complained that the unfinished works were an eyesore. But after Park Developments departed the partnership a new investor was secured, and things got back on track with the building of the residential units.
The harbour now has breakwaters to the north and south, a two-hundred boat marina, a public plaza and clubhouses for a number of sailing and angling clubs. It represents the State's largest marine works since the construction of Dún Laoghaire pier in Victorian times. Soon there will be new shops and cafes, and a boardwalk that will link Trafalgar Road, which leads into the centre of the town, with the marina and Bray Head, and a new 14-acre public park that forms a key element of the community gain associated with the development.
The first phase of the project was the houses which lie to the back of the development, and 5 The Pier is one of these. It now comes to the market as a second-hand property. The current owners paid €505,000 (including VAT) for the four-bedroom terraced house in February 2017, and if they achieve the asking price of €675,000 will have made a handy return on their investment.
Construction has begun on the apartment buildings to the front of the development, which when complete, will largely obscure the views of the sea that some of the houses currently enjoy. The owners of the houses were always aware of this. Number 5 will be less affected as it lies in a cul-de-sac perpendicular to the apartments, rather than facing directly on to them and does not have sea views. But those smashing views and direct sea and cliff walk access are literally around the corner. Sherry FitzGerald which sold the house new, claims it is the first resale from this scheme.
The nature of the project - an exchange permitting development for the restoration and securing of the old marina - and the difficulty getting permission for schemes in Greystones means there's unlikely to be too many more of this size coming up.
The house has a smart modern design and finish, 1,495 sq ft of living space and an A2 BER, down to the air-source heat-pump central heating and double-glazed Scandinavian timber windows.
There are two designated car spaces to the front and a professionally-landscaped sunny south-facing garden to the rear. The garden incorporates a large sandstone patio area and artificial grass leading to a raised composite deck bordered by well-planted raised beds.
Inside, the house is in turnkey condition. The living room is to the left of the hall, and is bright thanks to the large window to the front, which is fitted with timber-painted shutters for privacy. The kitchen/dining room is to the back, with a wall of sliding glass doors leading out to the rear garden, and fitted with contemporary, handle-less, matte-finish, soft-close units from McNally's Leicht range, with Silestone worktops.
Integrated Siemens appliances include a four-ring induction electric hob, extractor, fridge/freezer, microwave and dishwasher. The breakfast bar features a Quooker boiling water tap and a pull-out recycling centre. There's a downstairs wc and handy utility room off the kitchen.
Upstairs, the main bedroom is to the front and has shuttered windows, with views towards the Sugarloaf, and Shaker-style fitted wardrobes. The en suite has a walk in shower. There are two further double bedrooms plus one single, and a family bathroom.
Marina Village is a 10-minute walk from the town centre and the DART station, and the train journey into the city centre takes less than an hour. The town has an abundance of schools, both primary and secondary.
Local cafes and restaurants cover all the bases from the aforementioned Happy Pear to La Touche Wines, and the shopping in town is good, with a choice of three supermarkets and a nice selection of independent shops too.