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 Post subject: Re: Flippin' heck
PostPosted: Mon May 15, 2017 1:46 pm 
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Too Big to Fail

Joined: Aug 8, 2008
Posts: 3637
Location: Cathair na dTreabh
Sold for €110K in March, now seeking €680k
Price set to increase.
46 beds, movable to a prime location if needed
http://www.broadsheet.ie/2017/05/15/how-much-149/


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 Post subject: Re: Flippin' heck
PostPosted: Wed May 17, 2017 2:04 am 
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Homeless

Joined: Nov 26, 2015
Posts: 13
Location: Canada
FreeFallin wrote:
46 Larkfield Ave, Harolds Cross, D6w

Sold 6/11/15 for 440k
https://www.propertypriceregister.ie/We ... enDocument

Now on sale for 595k
https://www.myhome.ie/residential/broch ... &view=list

Extended and refurbished according to the blurb. Not sure 155k worth of work though!
Still only 100m2...€553 per sq ft :shock:


Now down to 495k. Looks like a very odd house. Possibly would only appeal as investment property. That road is extremely busy


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 Post subject: Re: Flippin' heck
PostPosted: Wed May 17, 2017 7:11 pm 
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Homeless

Joined: Feb 26, 2013
Posts: 13
Why do you think it's an odd house out of curiosity?


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 Post subject: Re: Flippin' heck
PostPosted: Thu Jun 29, 2017 3:13 pm 
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Homeless

Joined: Jan 15, 2017
Posts: 5
20 Kirwan Street, Stoneybatter, Dublin 7

Sold for €170k in Dec 2016
refurbished and for sale in June 2017 €399k :shock:

http://www.daft.ie/dublin/houses-for-sa ... n-1489733/


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 Post subject: Re: Flippin' heck
PostPosted: Mon Jul 03, 2017 12:57 am 
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Single Home Owner

Joined: Nov 1, 2012
Posts: 168
The flop that wants to become a flip.

The Cottage, Ballybride Road, Rathmichael
Listed in April 2017 on myhome.ie asking €350,000. Chunky money for a one bedroom cottage on a small triangular site just outside Shankill. Floor area is just 43sq.m and not particularly well laid out at that.

Note that the location indicated on the map on myhome is off by about half a mile. The true location is at the mini roundabout where Ballybride Road meets Cricken lane, here. You may also note that Google Maps gives the address as Ellerslie Lodge, Cricken Lane, Shankill and this is consistent with data on landdriect.ie and eircode.ie. And the property is even referred to as "Ellerslie" in the directions within the ad itself.

It is, of course, just coincidence that while you will not find any reference to "The Cottage, Ballybride Road, Rathmichael" on the Property Price Register, "Ellerslie Lodge, Cricken Lane, Shankill" appears not once but twice:
2012 - €125,000
2013 - €118,000
In fact, that particular 7,000 loss gets a mention in an old Dublin Flops thread on the pin.

So the seller reckons that they can get a price >€8000/sq.m. in the current market but, hey, Mr. SherryFitz, can we change the house name, road and townland on the address because people might feel a bit weird about handing over nearly three times the amount I paid for this shack.


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 Post subject: Re: Flippin' heck
PostPosted: Tue Jul 04, 2017 5:25 pm 
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Nationalised
User avatar

Joined: Mar 20, 2007
Posts: 8348
cyrusir wrote:
mambo wrote:
mambo wrote:
38 Watermill Road, Raheny

Sold in April 2014 for 412k
http://propertypriceregisterireland.com ... nd-105999/
Now asking 575k
https://www.daft.ie/dublin/houses-for-s ... n-1393352/

We viewed this on Saturday, along with half of Raheny it would appear (there were long queues to get up the stairs, etc.). Not very impressed. Finish (floors, etc.) look very cheap, and some parts of the old house have not been touched in the recent refurb, bar a lick of paint.


Bidding now north of 600k I believe. Madness.


it looks cheaply done

laminate throughout :sick:


Went for 660k in the end. :shock:
http://propertypriceregisterireland.com ... nd-260940/

_________________
"Sitting on the sidelines, cribbing and moaning is a lost opportunity. I don't know how people who engage in that don't commit suicide." - Bertie Ahern, 4/July/2004
"It is irresponsible to suggest that the ‘negative equity’ scenario that occurred in the late 1980’s in the UK could occur in Ireland" - Marie Hunt, Director of Research, CB Richard Ellis - Press Release 17/Apr/2007


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 Post subject: Re: Flippin' heck
PostPosted: Mon Jul 17, 2017 4:34 pm 
Offline
Single Home Owner

Joined: Jun 3, 2015
Posts: 130
Original photos are still up from earlier in the year when it sold for €238,500:
https://www.myhome.ie/residential/brochure/108-townsend-street-south-city-centre-dublin-2/3102598

Image

Completed building now for sale for €395,000:
https://www.dng.ie/residential/brochure/108-townsend-street-south-city-centre-dublin-2/4062011

Image


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 Post subject: Re: Flippin' heck
PostPosted: Mon Jul 17, 2017 7:59 pm 
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Planning Tribunal Attendee

Joined: Aug 2, 2011
Posts: 1248
dublife wrote:
Original photos are still up from earlier in the year when it sold for €238,500:
https://www.myhome.ie/residential/brochure/108-townsend-street-south-city-centre-dublin-2/3102598

Image

Completed building now for sale for €395,000:
https://www.dng.ie/residential/brochure/108-townsend-street-south-city-centre-dublin-2/4062011

Image


Nice looking job. I imagine the study is intended as a poss 3rd bedroom - otherwise it'd have been nice to open out what must be tight enough living space.

Glad to see they paid attention to insulation - how often do you see cosmetically nice houses rated E!

Worth the money (assuming the purchase price was market price), given the flipper has to make it worth his/her while.


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 Post subject: Re: Flippin' heck
PostPosted: Tue Jul 18, 2017 9:25 am 
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Single Home Owner

Joined: Jun 3, 2015
Posts: 130
york wrote:
Worth the money (assuming the purchase price was market price), given the flipper has to make it worth his/her while.


Agreed - definitely seems more reasonable than the 'buy-in-2012 then sell-in-2017' flip


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 Post subject: Re: Flippin' heck
PostPosted: Wed Sep 06, 2017 11:18 am 
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Of Systemic Importance

Joined: Nov 4, 2011
Posts: 6049
Location: SthDub
hsehunter wrote:
FreeFallin wrote:
46 Larkfield Ave, Harolds Cross, D6w

Sold 6/11/15 for 440k
https://www.propertypriceregister.ie/We ... enDocument

Now on sale for 595k
https://www.myhome.ie/residential/broch ... &view=list

Extended and refurbished according to the blurb. Not sure 155k worth of work though!
Still only 100m2...€553 per sq ft :shock:


Now down to 495k. Looks like a very odd house. Possibly would only appeal as investment property. That road is extremely busy


Went by there today. A new house has been sandwiched on to the old garden at the back of #46 and a new entrance to it knocked through to larkfield park. Looks like it could soon be ready for sale .
A very profitable flip indeed


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