Revival continues at Adams'
The Paddocks Drive, Adamstown, Co Dublin
Asking price: €255,000-€275,000
Agent: Sherry FitzGerald New Homes (01) 6671888
The concept of a planned village at Adamstown to ease Dublin's housing crisis may have gotten off to a shaky start because of the recession. But it's certainly taking off in full throttle now, with two separate schemes launching there this month.
The west Dublin land near Lucan was chosen in 2003 as the site of Ireland's first strategic development zone - enabling it to benefit from fast-track planning - because of its proximity to national and suburban road and rail. A railway station opened in 2007 that brings residents to Heuston Station in 20 minutes, but plans for thousands of homes ground to a halt during the crash.
When Alderlie was released at Adamstown in October, it was the first new housing scheme of any significance in a decade. Forty more homes were added to Alderlie for a second phase in February, and a new section, a scheme of three and four-bed townhouses called St Helens, is expected to be unveiled next weekend.
The Paddocks Drive, a scheme of apartments being sold this week, may not be of the same scale as its competition - it's a block of just six three-bed units - but it is tapping into demand from first-time buyers seeking an affordable home within the environs of Co Dublin.
The Paddocks Drive, a three-storey building located off the Newcastle Road, is a phase of a larger scheme built at Adamstown by Kingscroft, a veteran developer of residential estates across the greater Dublin area. Last year it released a mix of houses and apartment types called The Paddocks Crescent.
Prices at The Paddocks Drive start at €255,000 for a 990 sq ft ground floor unit, rising to €275,000 for a top-floor apartment measuring 1,313 sq ft. However, both of these units are amongst the three apartments that have been snapped up; remaining are a 990 sq ft apartment on the first floor that's priced from €260,000, a 1,097 sq ft ground-floor apartment selling for €268,000, and a top-floor unit with 1,183 sq ft of living space that costs €270,000.
The apartment block may have a traditional edge to its exterior, with brick and render finishes and uPVC frames to the double-glazed windows. But the interior layout is quite unusual, with an angular kitchen/dining/living area kicked out to the side. Each floor is home to just two apartments, all of which have balconies, storage space, as well as wall tiling and sanitary ware in the main bathroom, the master ensuite and guest lavatory.
Each apartment has an A3 energy rating, courtesy of energy-efficient features such as PV panels on the roof that harness the sun's energy to generate electricity and windows fitted with argon-filled glass. The central heating from an A-rated gas-condensing boiler can be controlled at two separate zones, thereby reducing energy waste.
The Paddocks Drive is close to a slew of local schools, such as Adamstown Educate Together, St John the Evangelist and Adamstown VEC Secondary School. The development is also within walking distance of Lucan and close to Griffeen Valley Park and Liffey Valley Shopping Centre. As well as a rail service, the No 25 bus links Adamstown with the city centre.
The show apartment at The Paddocks Drive is on view from 2pm to 4pm tomorrow and Sunday.