3 years is hardly flip territory? That said, it’s punching above it’s house price inflation weight at that level. With not a whole lot put into by way of added value by the looks of it
39 Suir Road, Inchicore/Kilmainham.
The above links won’t be around forever, so for the record… sold for 180k, now 350k.
20 Farmhill Road, Goastown, Dublin 14
Sold for €600,000 on 22 October 2015: propertypriceregister.ie/we … enDocument
Before pics here:
myhome.ie/residential/brochu … 14/3158232
Now renovated and for sale for €799,000
myhome.ie/residential/brochu … 14/3457386
Looks like a decent job, however the upstairs is still small. BER improved from D1 to B3.
4 Orwell woods sold for 365 on 2013-08-08
Now for sale for 550
I quite like the look of them but 550 is just completely out of the budget. There are a few on the register in the last year for 430 to 550 so it doesn’t appear like an unachievable asking price
42 Orwell Woods (the 430k one) was the smaller 2 bed bungalow type interleaved with these two story ones. 24 Orwell Woods (440k) was this very odd ad: daft.ie/dublin/houses-for-sa … n-1023104/
I’m surprised it actually sold at that price; I assumed it was some sort of teaser, or the house was unsellable or something, or I might have gone and had a look at it. Also, the ad was enough of a mess to be offputting.
These seem like they’d be better as 2 beds, really, though; they’re a bit small for 3 beds.
EDIT: The ad for 42 isn’t actually as odd as it used to be; when I first saw it, all the photos looked like the EA had been hiding in the bushes when taking the photos.
74 Templeville Road, Templeogue, Dublin 6W
€695,000 - 3 Bed Semi-Detached House 104 m² / 1119 ft²
myhome.ie/residential/brochu … 6w/3468483
Same house…Sept 13, sold for 470k
propertypriceregister.ie/we … enDocument
225k or 48% increase in 2.25 years
Sold in Sept 2013, sale agreed sometime before that. Median price Dublin, say May 2013, was €220K and is now around €315K (if attempting to draw a best fit curve through the data on the Irish Property Price Register graph)
Normal price inflation would likely account for most, if not all the difference here. If they turned it around in 5 months then that’d be a different matter.
sold in June 2014 for 600k, not really much of a flip but this one is back on the market again for 625k myhome.ie/residential/brochu … 6w/3463602
Having the row of ovens right beside the giant fridge seems dubious…
Not sure whether these can be classified as flips with 2- 3 year gaps
The median Dublin house price rise on the PPR in that time is about 41%. Still approx €100K on top of that inflation on each of these asking prices. That’s without taking account of the cost of doing them up which would need assessing. Less flip territory and more maximizing assets before moving up the ladder.
That said, the turn around time is about that which would be required not to appear on Revenue’s radar for CGT. They could argue these as PPR’s and simply move onto the next prospect. Not a bad way to earn money in your spare time if you don’t mind moving around a bit.
135 Woodfield, Rathfarnham, Dublin 14
Sold in Nov 2013 for 355k
myhome.ie/priceregister/135- … -14-210949
Was asking 450k, now 425k
myhome.ie/residential/brochu … 16/3463767
29 Meadow Park Avenue, Churchtown, Dublin 14
Sold in Feb 2015 for €380K
propertypriceregisterireland.com … nd-146202/
on sale now for 450K
daft.ie/dublin/houses-for-sa … n-1187018/
112 College Road, City Centre, Galway
€475,000 - 6 Bed Semi-Detached House 2120 ft² / 196.95 m² For Sale
myhome.ie/residential/brochu … ay/3461318
myhome.ie/priceregister/112- … way-306764
112 COLLEGE RD, GALWAY, Co. Galway
Second-Hand Dwelling house /Apartment
€365,000 on 23 Jul 2014
Probably not making a fortune on this. Appears to be decorated to a high standard (as far as regional properties go). B3 BER. Nice new gates to the rear.
Interesting set up with the house (and its rather unassuming/unimpressive facade) being up on top of the main road, then a big rear SE facing garden with vehicular access and then a separate garden across the street on Lough Atalia Road fronting onto the lake.
Why oh why would you put a carpet runner on an open plank staircase.
ok that is a first for me… wtf?
Really weird that the first staircase is open plank and the one leading up to the next floor isn’t. Presumably used the carpet to tie all the staircases together visually, even if they are different types - agree it looks stupid, though.