Is the property flipper – a species not seen since about 2007 – making a return to the market?
Number 120 is a Georgian terraced house bought by Johnstownbridge-based builder, Paul Sinnott in December 2011 when he paid "in the region of €450,000" for it, down from an asking price high of €750,000 back in June 2010.
Sixteen months later the house has been refurbished and is back on the market asking €795,000, representing an increase of 51 per cent in its asking price, before you factor in building work costs.
Sinnott has done this several times before, but this is his first period project and he is hoping to use the proceeds to “buy another period property in flats and turn it into a family home”.
The house measures approximately 161sq m (1,736sqft) and has a good-sized sitting room to the front with reclaimed pitch pine floors, working shutters and an open fire. Fold-back Georgian-style doors lead through to a black granite topped kitchen, making good use of the middle room in this layout. With a location as central as this you wonder if the kitchen will ever get used.
Farm, Rigby's Deli and Dining Room and Canal Bank Café are all great restaurants that are, quite literally, on the doorstep.
A crema marfil tiled sunroom to the rear will make a bright and quiet breakfast room. Doors lead to a small east-facing decked garden.
Steps lead from the breakfast room to a toilet and a utility room. To their rear is one of the property’s four bedrooms, which could also be used as an office. It has a small room off it that could be plumbed for an en suite bathroom.
Upstairs, on the return, there is a lovely vaulted ceilinged room with roof lights and an adjacent bathroom. On the first floor there are two more bedrooms. The master is the width of the house and has an original fireplace and working shutters. The back room is a good size double. There is no wardrobe storage.
The house is listed and as a result, BER exempt.
There is a small town garden to rear, and to the front, disc parking on the street for residents.
