The address: 1 Idrone Terrace, Blackrock, Co Dublin.

The property: five-bed end-of-terrace period house for €1.7 million. Currently divided into a three-bed above a garden level two-bed apartment, the house has 267sq m (2,875sq ft) and is in good condition. It is at the quieter end of the terrace (away from the village and Dart station), has stand-out views over Dublin Bay and a large garden to the side comes with rear with vehicular access.

The agent: Savills.

The landscape: the house is a two-minute walk from Blackrock village and the Dart, close to a wide range of schools and near lots of leisure facilities.

How much for an owner-occupier? Stamp duty is €124,250. The maximum loan a buyer could get is 90 per cent of the price, or €1,530,000 with AIB. To qualify, the household income would need to be around €306,000. At a variable rate of 2.99 per cent over 25 years, monthly repayments work out at €7,247.

How much for an investor? The maximum loan investor could get is 75 per cent of the price, or €1,275,000, with AIB. This is provided if the applicant’s income is around €350,000 with no other loans, and rental income would not be considered in the current market. Stamp duty is €124,250, leaving an equity requirement of at least €549,250. At a variable rate of 4.2 per cent over 20 years, monthly repayments work out at €9,434 and €8,246 over 25 years.

Potential? The garden level apartment would rent for around €1,100 a month and the three-bed house above could make around €3,000 a month, according to the agent.

Verdict: suits a cash-rich owner-occupier looking for a trophy home with income potential.

Calculations by Barry Sheridan, Chrome Capital, Fitzwilliam Square, Dublin 2

– Justin Comiskey