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1 Carrigside

College Road

Cork

395,000
5
1
170 sqm
1 Carrigside

***BUILDERS PROJECT***
INVITING OFFERS IN EXCESS OF €395,000


Number 1 Carrigside is an end of terrace property in a terrace of six three-bay two-storey houses, built c.1880. Pitched slate roofs with red brick rendered walls with moulded render name plaque to central house (No. 3 ). Square-headed window openings to first and ground floors, timber sliding sash windows throughout. Square-headed door openings with over lights to various timber panelled and half-glazed timber doors. Wrought-iron pedestrian gates with red brick boundary walls, render coping and wrought-iron railings to front of site. The adjoining owners are all U.C.C. buildings housing many different administration faculties.

The terrace makes a substantial contribution to the character of College Road. Its symmetrical façade is enhanced by the retention of early features and materials such as the timber sash windows, cast-iron rainwater goods and continuous render mouldings. The boundary walls and gates add to its setting and context.

The location is across the road from U.C.C. which currently has 24,000 students of which 3,500 are international from over different 100 countries. U.C.C. employs a staff 3,200. The potential for a dynamic income property does not need to be stated with these kinds of figures on the doorstep.

While the property is currently in a poor state of repair and condition the potential is enormous. The property needs to be entirely renovated internally & externally giving the end user a “blank canvas” to reconfigure and adapt the property to lucrative high yielding investment or classy family home in a quite unique location.


The enclosed walled in garden to the rear of the property is highly valuable having long term development potential.

Laid out over 3 floors currently extending to 1,800sq ft (167.2 m2) with potential to extend (subject to planning permission) an additional 750 sq. ft being the enclose courtyard to the rear.

The property consists of

GF; hall, living room, family room, galley type kitchen/ Utility

FF; half landing return to Bathroom,3 bedrooms

2ndF; 1 large bedroom running the entire length of the house, back bedroom

We envisage that the finished product will incorporate a 7/8 ensuite bedroom with and open plan ground floor communal kitchen, dining, living area.

The return from the finished product will produce an extremely high yield.

UNDER NEW GOVERNMENT HOME IMPROVEMENT INCENTIVES, THE FOLLOWING GRANTS ARE AVAILABLE:


Solar Electricity Grant €2,100
What energy upgrade grants can I get under the scheme?
Under this scheme, you can get grants for:
Attic insulation
Rafter insulation
Wall insulation - including cavity wall, internal dry lining and external insulation
Floor insulation
Heating controls
Solar thermal solutions (solar hot water)
Solar PV panels
Heat pump systems and central heating system for heat pump
New windows
New external doors
Techanical ventilation
Air tightness
Home energy assessment
Project management

How much are the grants?
The attached images to this advert shows the grant amount available for each energy upgrade. The grant amounts for approved housing bodies (AHBs) are different to those for homeowners and landlords. The amount you get for each upgrade can also depend on the type of you have. For example, the grant you get to insulate a detached house is more than the grant you get to insulate an apartment.The One-Stop-Shop will assess your home and recommend the work needed to get your home up to a BER B2 rating.

HOW TO APPLY:
You should contact an SEAI registered One-Stop-Shop to apply for this grant.
Sustainable Energy Authority of Ireland

GRANTS FOR HOME RENOVATIONS AND IMPROVEMENTS:
Grants for solar panels -The Solar Electricity Grant offers grants to homeowners to install solar panels.

Home Renovation Incentive- Homeowners, landlords and local authority tenants can claim a tax credit on the cost of improvements to residential property.

Individual home energy upgrade grants (Better Energy Homes)- This scheme provides grants to help to increase the energy efficiency of homes, including grants for home insulation.

Grant scheme to replace lead pipes and fittings- Grants to help with the cost of replacing domestic water piping that contains lead.

Grants for a home energy upgrade- This scheme provides grants to help to upgrade the energy efficiency of your home to a BER rating of B2 or above.

Free energy upgrades (Warmer Homes Scheme)- This scheme provides free home energy upgrades to homeowners who get certain social welfare payments.

Agent

Darragh taaffe
Darragh taaffe
Senior partner mipav rev mmcepi