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 Post subject: 34 Merton Drive +630K +141%
PostPosted: Tue May 17, 2016 11:40 am 
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Single Home Owner

Joined: Feb 10, 2015
Posts: 104
Here's a flip

Bought almost exactly 4 years ago for €445K
https://www.propertypriceregister.ie/we ... enDocument

Up now for €1075k
http://www.myhome.ie/residential/brochu ... pertyAlert

Will be interesting to see what it goes for. Completely east facing rear


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 Post subject: Re: 34 Merton Drive +630K +141%
PostPosted: Wed May 18, 2016 9:11 am 
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Private Tenant

Joined: Apr 1, 2016
Posts: 41
That would have been a bargain at 445K! Must have been derelict or was sold not at arms length


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 Post subject: Re: 34 Merton Drive +630K +141%
PostPosted: Wed May 18, 2016 9:19 am 
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Single Home Owner

Joined: Feb 10, 2015
Posts: 104
http://www.norths.ie/PropertySearch/Vie ... fault.aspx

This was it in 2012

Apart from the extension there really hasn't been a whole lot spent on the existing interior. No sign of any high end finishes


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 Post subject: Re: 34 Merton Drive +630K +141%
PostPosted: Wed May 18, 2016 9:38 am 
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Property Magnate

Joined: Sep 15, 2006
Posts: 652
Glasnevinuser wrote:


Google should buy it as a suburban hangout.


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 Post subject: Re: 34 Merton Drive +630K +141%
PostPosted: Wed May 18, 2016 5:44 pm 
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Under CAB Investigation

Joined: Apr 9, 2014
Posts: 2090
Glasnevinuser wrote:
http://www.norths.ie/PropertySearch/ViewProperty/tabid/61/PropertyID/197/Default.aspx

This was it in 2012

Apart from the extension there really hasn't been a whole lot spent on the existing interior. No sign of any high end finishes

You are right no sign of a Lutron lighting system :roll:

Even still the refurb cost would have been in excess of 300k


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 Post subject: Re: 34 Merton Drive +630K +141%
PostPosted: Wed May 18, 2016 8:53 pm 
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Single Home Owner

Joined: Feb 10, 2015
Posts: 104
Luan wrote:
Glasnevinuser wrote:
http://www.norths.ie/PropertySearch/ViewProperty/tabid/61/PropertyID/197/Default.aspx

This was it in 2012

Apart from the extension there really hasn't been a whole lot spent on the existing interior. No sign of any high end finishes

You are right no sign of a Lutron lighting system :roll:

Even still the refurb cost would have been in excess of 300k


What's a Lutron lighting system when it's at home?

would this really have cost more than 300k?

It looks like nothing was done upstairs, save for the (very cheap) attic conversion. And the front room is pretty sh!t by anyone's standards. Surely?


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 Post subject: Re: 34 Merton Drive +630K +141%
PostPosted: Thu May 19, 2016 11:36 am 
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Nationalised

Joined: Oct 29, 2007
Posts: 11722
Location: Multiverse
I'll be viewing this on Saturday on behalf of a client.
The pin is an absolute epic tool when it comes to picking up on these flips.

The quality of the refurb will have a huge impact on the price.

Even on good roads, a bad quality refurb can have a detrimental effect on the sale.

Example


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 Post subject: Re: 34 Merton Drive +630K +141%
PostPosted: Thu May 19, 2016 8:24 pm 
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Under CAB Investigation

Joined: Apr 9, 2014
Posts: 2090
Glasnevinuser wrote:
Luan wrote:
Glasnevinuser wrote:
http://www.norths.ie/PropertySearch/ViewProperty/tabid/61/PropertyID/197/Default.aspx

This was it in 2012

Apart from the extension there really hasn't been a whole lot spent on the existing interior. No sign of any high end finishes

You are right no sign of a Lutron lighting system :roll:

Even still the refurb cost would have been in excess of 300k


What's a Lutron lighting system when it's at home?

would this really have cost more than 300k?

It looks like nothing was done upstairs, save for the (very cheap) attic conversion. And the front room is pretty sh!t by anyone's standards. Surely?

Renovation costs can surprise the novice.

Lutron supply high quality lighting system - at the extreme every bulb in the house is individually wired back to and controlled by a central computer.


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 Post subject: Re: 34 Merton Drive +630K +141%
PostPosted: Thu Jun 08, 2017 11:32 am 
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Property Magnate

Joined: Jan 11, 2008
Posts: 708
Sold for 1,140k in May 2017.


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