Saturday 18 August 2018

Much needed new homes come to the city market

A number of brand new launches this weekend sees the new homes season kick off to a busy start, writes Liadan Hynes

Somerton in Lucan
Somerton in Lucan

A new homes season that is expected to see a large number of launches between now and November - at least in the Dublin and surrounding commuter belt - has kicked off with a busy week.

This weekend sees three brand-new developments launching, bringing both starter and trade-up units to the market.

Clay Farm in Leopardstown, which is eventually likely to include more than a thousand units, is the sort of large-scale project that is a much needed answer to the continuing dearth of homes on the market.

The development is expected to appeal to the middle market - affluent professionals who in many cases are moving from apartments they own, and have either sold or are now becoming landlords.

Clay Farm in Leopardstown
Clay Farm in Leopardstown

Clay Farm is one of the largest housing developments to launch in Dublin 18 in nearly three decades. Park Developments' newest project currently has planning approval for 163 houses and 262 apartments. They were also responsible for previous development The Gallops, which is situated opposite this latest site. A planning application has been submitted for a further 900 units. The first phase, which launched this weekend, consists of three- and four-bedroom A-rated units, five house types, ranging between approximately 108sqm to 161sqm. The three-bedroom units are priced from €490,000, four-bedroom from €560,000. Each house comes with two parking spaces and patio areas in the rear garden. Clay Farm is situated less than five minutes from the M50, with the N11 also nearby. The Luas station is just across the road, giving access to the city centre in approximately half an hour.

One of the arguments in favour of the Government's help-to-buy scheme is that it has increased the number of new units at the lower end of the starter home price range, a sector which until now had seen a particularly extreme shortage of supply.

Rathborne Park, Ashtown, Dublin 15, by Castlethorn, which also launches this weekend, is one such project, with prices from €320,000. Consisting of three- and four-bedroom houses, located close to Ashtown railway station, Rathborne Park is a five minute walk from the village.

All units come with fully-fitted kitchens, with appliances as standard, and sanitary ware, floor and wet area wall tiling, and chrome towel rails in bathrooms. There are fitted wardrobes in all double bedrooms. Currently there are six house types available, mid- and end-of-terrace three-bedroom units, and semi-detached three-bedroom units, from 103sqm to 116sqm, and detached four-bedroom units, 129sqm. Three-beds are priced from €320,000, four-beds from €410,000.

Somerton, situated off the Newcastle Road in Lucan, will appeal to those already in the area who are looking to upgrade to a larger, higher spec family home. This new development also comes from Castlethorn, who have to date built more than 1,000 units in the area. It brings three-, four- and five-bedroom units to the market, with three-bed mid-terraced units from €320,000, all the way up to five-bedroom detached units from €575,000. Phase one includes 25 units and in total the scheme will bring 246 units to the market.

All units come with fitted kitchens including integrated appliances. Utility rooms are fitted with separate washing and drying machines. There are a variety of kitchen colours on offer, with the three- and four-bedroom units including Bosch integrated appliances, and the five-bedroom houses including Neff integrated appliances as well as wood-burning stoves in their ground floor living rooms. All bathrooms and en suites are fitted with sanitary ware, chrome heated towel rails, and wall and floor tiling. Rear gardens are seeded with flag paved patios as standard, and there is extensive landscaping throughout the development.

Rathborne Park in Ashtown
Rathborne Park in Ashtown

The area includes a number of schools including several Educate Together options, and a variety of sports facilities. It is well serviced by shopping centres.

Somerton, like Rathborne Park, will be previewed from an on-site marketing suite rather than from showhouses. It is a common feature of launches this season, and may be a sign that developers are keen to launch early, before Budget 2018 and any possible changes to the Help-to-Buy scheme that it may bring.

Clay Farm, Leopardstown, Dublin 18 Agent: Savills (01) 618 1300 Viewing: today, 2-4pm

Rathborne Park, Ashtown, Dublin 15 Agent: Savills (01) 618 1300, Viewing: today from marketing suite, 11am-1pm

Somerton, Newcastle Road, Lucan, Co Dublin Joint agents: Savills (01) 618 1300 & Leahy (01) 601 1811 Viewing: today from marketing suite, 11am-1pm

 

New homes on view

Lansdowne Place, Ballsbridge, Dublin 4

The second phase of this luxury development of apartments situated on the former site of the Berkeley Court Hotel launches this weekend, bringing a number of large, high spec apartments and penthouses to the market.

There are 23 units in total, some with views of Lansdowne Road. The Blake, a standalone pavilion-style building, is one of seven the development will eventually include. This latest phase includes 20 apartments ranging in price from €825,000- €2.1m, and in size from approx 65sqm-204sqm. Features include private terraces, dual aspect, and ground level duplex units. There are also three penthouses with prices starting at €2.15m, from approx 141-350sqm. Features include tri-aspect units, a roof garden and private terraces, some overlooking Lansdowne Road. Sales in the development have already established prices in excess of €1,000 per square foot.

Lansdowne Place, Ballsbridge, Dublin 4
Lansdowne Place, Ballsbridge, Dublin 4

On view: By appointment

Joint agents: Savills (01) 618 1300 and Sherry FitzGerald (01) 667 1888

 

Oaktree, Tulllyroad, Kildare Town,  Co Kildare

Phase 3 of the Oaktree development by Grandbrind launches this weekend, with the first two phases  having successfully sold out. In total, the scheme will include 163 units — 129 three-bed units, a mixture of semi-detached and detached, and 34 four-bed units, a mixture of semi-detached and detached.

Showhouses are on view this weekend, with the launch of approximately 14 units, three bedrooms from 110sqm, from €262,500. The area is well serviced by both primary and secondary schools, and there are good transport links to Dublin; the bus terminus is approximately 1km away, the train station approximately 2km away, and the M7 motorway approximately 1km away. All units come with traditional style kitchens, including integrated appliances, tiled kitchens and bathrooms, and fitted wardrobes.

Oaktree, Tulllyroad, Kildare Town,  Co Kildare
Oaktree, Tulllyroad, Kildare Town,  Co Kildare

On view: Today, 2-4pm

Joint agents: DNG Doyle (045) 874 795 and  DNG New Homes (01) 4912600

 

Clancy Quay, Islandbridge, Dublin 8

Phase 2 of the large restoration and new build project at Clancy Quay launched this week with 163 units ready to hit the rental-starved market. The latest phase adds to the 423 existing units at the historic Clancy Barracks site on the banks of the Liffey developed by global giant Kennedy Wilson and comprises one-, two-and three-bed apartments and one-, two- and three-bed houses, some converted from former army barracks and stables. Monthly rents range from €1,750 for one-bed apartments to €2,650-€3,000 for three-bed houses. There are clever design touches such as retained oak beams and carriage archways in the stable conversions, while storage areas have been prioritised. The scheme also offers an unusual level of amenities including a playground, games room, gym, cinema room, catering kitchen and large communal lounge area. There is underground parking, a concierge service and good transport access to the M50, Luas and Heuston Station.

On view: By appointment

Clancy Quay, Islandbridge, Dublin 8
Clancy Quay, Islandbridge, Dublin 8

Contact: Kennedywilsonresidential.ie/contact/

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