El Carmen, Greenfield Park, Donnybrook (-2275k, -70%)

Was 3.25m in 2008
property-vultures.com/History/377052.html

Was 1.57m, 1.35m
collapso.net/HistoryMyHome/219174.html

Now 1.2m
myhome.ie/residential/brochu … n-4/219174

Viewed this house several years ago.

Road noise is a major problem as the Stillorgan dual carriageway on your doorstep.

House requires work.

There are better houses in the area for the same money.

I could swear I remember this house/B&B for a lot, lot more (a figure of c€3.5m enters my head).

Well remembered. It was definitely 3.25m in 2008
property-vultures.com/History/377052.html

Over a year later and the price remains at €1.2m.

El Carmen, Greenfield Park, Donnybrook, Dublin 4
€1,200,000 - 7 Bed Detached House 281.9 m² / 3034 ft² For Sale

myhome.ie/residential/brochure/el-carmen-greenfield-park-donnybrook-dublin-4/219174

Ideal location for a student house.
But at €500 per room per month (and even stretching it for 12 months/year), that’s still only a 3.5% yield.

You’re forgetting that in student houses, every single reception room bar one must be turned into a bedroom. Therefore, converting the dining room, study and family room would make this into a 10 bed, thus raising the yield. The ten of them will be living in luxury, left with both a living room and a sunroom :stuck_out_tongue:

Ohh, could you imagine the state of the place after 10 students have lived there for 10 months.

Back on …myhome.ie/residential/brochu … -4/2535124

Thanks for feeding my morbid fascination with this house.
Adjusted the title % fall to reflect new price.

For the record, the new price is 975k

Landlord said:

"Viewed this house several years ago.

Road noise is a major problem as the Stillorgan dual carriageway on your doorstep.

House requires work.

There are better houses in the area for the same money."

I wonder if he still knows better ones in the area for the same price. I would love to know. I am not being sarcastic. I am keen to find a better one.

Landlord’s comment was made 2 years ago.

Since than the price on this house has dropped approx 20%.

IMO the houses on the various Nutley’s offer better value

Landlord’s comment was made almost two ago.

The market has changed somewhat since then but this house still suffers from a poor location.

myhome.ie/residential/brochu … -4/2535124

Marked as sale agreed. Even stubborn sellers are selling stuff, it must be a sellers market afterall

Last asking is 975k

Sold sign.
Interested to see the final price (and how much of a discount to the original asking).

Probably, if not categorically, the worst house in all of Greenfield Park, so it’ll be interesting to see what the final price is.
The house across the street (Kilcoe) is very similar (I think it is identical, just flipped around) and they have done a fantastic job with it. Granted, they have a little more land to the front and this has helped a lot by providing space for deep hedging to block the N11 noise out and enhance the sense of privacy. Hopefully they’re willing to spend the money to make the necessary improvements to bring it up to the standards of the rest of the estate. As a former resident of Greenfield Park I think it is a nice residential location - if a little remote at times. It’s about 10 minutes walk to the Merrion Centre (which is rubbish anyway, but handy for Tesco if nothing else) and closer to 20 minutes to get to the middle of Donnybrook Village. You can cut through directly into UCD from the estate and its only about 5 minutes to the new sports centre, which is a plus if you are a gym-goer. I suppose nobody is likely to be buying there for excitement anyway and it is undeniably a very quiet, affluent estate with good quality houses - although this house probably will not have the benefit of the quiet part…

Sold sign? You can’t miss it! It shouts “SOLD” in huge red letters. God knows, they were trying so long, it deserves to be shouted.

The 975k price was never a real number. They merely brought it below the million to attract in viewers with an intention of negotiating up again when they had their attention.

As far as I know, it ended up somewhere around that 1.2 million mark that they had been targeting for so many years. (PPR could prove me wrong, of course.)

Sold for 1.2m 8DD
propertypriceregisterireland.com … and-98715/

63% below original asking.
Gotta hurt.

At least they caught a bit of a bid on it

There’s a few houses like this floating around now. Been for sale for ages and eventually the vendor got something for stubbornness but miles off what they were originally expecting