There is a plethora of tiny side streets with old cottages in Dublin 8.
Eugene Street and Fingal Street are prime examples, and while in 2012 and 2013 these properties could be snapped up for between ¤40,000 and ¤50,000, prices have steadily increased, but it is still possible to pick up a rundown cottage for around ¤150,000, and have a home close to the city.
A bonus with these properties is that by digging down into the subfloor it’s possible to gain an upstairs. However, it is all subject to planning, but there are some precedents for same.
While security is often a deterring factor for buyers in the area, there have been vigorous attempts to address social problems locally in the past 20 years.
Murphy Mullan For a more speculative investor, this site has full planning for nine two-bed apartments overlooking the Liffey, and a decision on permission for a 10th apartment is due in coming weeks.
iMove In need of refurbishment, the attraction is the scope to extend into the rear garden and parts of a disused lane to the rear have been amalgamated into neighbours’ gardens after negotiation with Dublin City Council, so this is also a possibility.
A spend of €100,000and the eye of a good architect would totally transform this property.
¤675,000 10 Ushers Island 32 Island Street, Dublin 8 Agent:
¤175,000 19 Mallin Ave, Dublin 8 Agent: