Tuesday 16 January 2018

New home view: Competitively-priced traditional builds offer variety of styles for all comers

Cois Glaisin, Navan, Co Meath Asking price: From under €200,000 Agent: Raymond Potterton Auctioneers (046) 9027666

The three-bed semis at Cois Glaisin
The three-bed semis at Cois Glaisin

One of the nicer traits of much of the new housing stock coming to market is the regaining of local and Irish terminology in developments. Gone are the 'Tudor Manors' of old, and a return to native landmarks or natural features for naming rights.

Cois Glaisin simply means 'Beside the Stream'. The myriad house styles in this mixed development at Johnstown in Navan are named after local rivers, which seems appropriate.

Catering for all comers, from the first-time buyer to the trader downer, the various properties tick the 'traditional' box in terms of style and layout, which is still what many people look for.

Navan itself is Ireland's fifth biggest town, with a local population of almost 30,000 and one of the few county capitals not bearing its county name. For all that, Meath's largest urban zone is a place where people want to (and can still afford to) live where they grew up.

A new release next month will see two, three and four-beds coming to market, from town-houses to detached homes. They add to existing stock of which there are a number still left.

Built by Bridgedale Homes with investment from the Tio fund (whose investment manager is Oaktree), the properties start from, crucially, under €200,000 which leaves room for first-time buyers to get on board with their 10pc deposit. They tip around the €260,000 mark for the three-beds and the four-beds will be priced separately when they come on stream.

The 'Boyne', 'Tolka' and 'Dee' make up the smaller units, which range in size from 822 to 988 sq ft. The 'Delvin' and 'Stoneyford' are three-beds from 1,080 to 1,140 sq ft and a different style is available in the 'Owenroe' and 'Blackwater' which are 1,076 and 1,038 sq ft respectively.

The four-beds will be the 'Rye' which is semi-detached, 1,257 sq ft and with a family room in addition to the living room, kitchen/diner downstairs.

Finally, the 'Monagh' is the detached model, 1,400 sq ft with two reception rooms, kitchen/diner and four beds, one ensuite with a main bathroom, upstairs. The exteriors are red-brick with cream window trims and black front doors. Driveways are cobble locked with seeded lawns and panel fencing.

There is a primary and secondary school within walking distance of the development, which is adjacent to the IDA Business Park, in Johnstown Village, which is 3km from Navan centre, to the south. It is flanked by a rugby and tennis club and access to Dublin is via the M3 motorway, a journey of around 45km. In the other direction, Drogheda is 29km.

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