|Refreshed on||May 23, 2023|
***Pre 63' with Site Potential*** KELLY BRADSHAW DALTON are delighted to present to the open market, 27 Howth Road, Clontarf, Dublin 3. This is an exceptional Pre '63 property with the opportunity to build to the rear, subject to planning permission. SITE POTENTIAL Planning permission (ref 4421/07) was previously granted, and extended, for the construction of a three bed dwelling, 2 storey with attic accommodation, in the rear garden (access via Charlemont Lane) but has since lapsed. Precedent has been set more recently, when in 2021 permission was granted for a 2 storey (3-bed & study) detached dwelling, nearby on Charlemont Lane to the rear of 23 Howth Road (planning reference 2150/21). ACCOMMODATION No.27 is a charming red brick 2 storey over garden level period property (Pre '63) built in 1864. The property is currently divided into 8 flats (4 self contained studio flats and 4 one bedroom flats) and comprises of c.252 sqm of accommodation. The property is currently laid out as follows. At the basement level there are two 1 bedroom flats. At the entrance level (first floor) there is a 1 bedroom flat and a studio. On the second floor return there is one studio. On the third floor there is a 1 bedroom flat and a studio and on the fourth floor there is a studio. The property has the benefit of 3 phase electricity. There is a very impressive large rear garden that boasts a south east aspect and the property has a very large garage to the rear. This can be accessed via Charlemont Lane, giving rise to mews potential. Given the desirable location and the option to turn this into a prime residence, like neighbouring properties, with some imagination this would make a spectacular family home. PRE ‘63 STATUS The property has a pre ‘63 declaration for 6 flats. It has been in use as an 8-flat building since 1983 and as such it is statute barred (more than 7 years in current layout). AS AN INVESTMENT We have calculated that the open market rental value of the refurbished property could be €125,000 PA (€1,100 for a studio flat and €1,500 for a 1 bed flat). It is the professional opinion of the selling agent that the quality of the location of this property justifies a yield of 8% as a finished product. At that yield, the refurbished property could be valued at €1,562,000. Therefore our AMV of €995,000 allows considerable room for refurbishment particularly since it includes the site to the rear. THE AREA Clontarf needs little introduction as an ideal place to live in Dublin, while being situated in one of Dublin's finest coastal locations. Living in Clontarf offers residents an eclectic mix of amenities right on their doorstep but also the calm and privacy of low density neighbourhoods. The cycle lane that brings you right to Sutton Cross is a beautiful cycle along the coast, where one could stop off and enjoy bars and restaurants such as, The Yacht, The Baths, Sand Bar and the Bay. There is such a fantastic choice of stops to wine and dine along the beautiful coast line, that you will be spoilt for choice. Westwood is also on the doorstep, and the DART and 130 bus services are close by. A stones' throw away and you are on the beautiful Clontarf promenade with its sea walks, green spaces and cycle track accessing all of Dublin Bay. St Anne's Park is also a short walk away, the second largest municipal park in Dublin, as well as North Bull Island, located in Dublin Bay and is about 5 km long and 800 m wide, perfect for those who enjoy running or walking. Named by UNESCO as a biosphere reserve, it is the only biosphere reserve in a capital city in the world, and a wonderful feature to have on your doorstep. No.27 Howth Road, when renovated will be the place to be and there will be no shortage of demand for one of the most desirable locations in Dublin. ARCHITECTURAL ELEGANCE: 20TH CENTURY TERRACE RESIDENCE IN HISTORIC DUBLIN: No. 27 is a testament to the exquisite residential design prevalent in early 20th-century Dublin. Its rich moulded brickwork, rustic stonework, and deep porch enhance the architectural cohesiveness of the streetscape, adding to the area's historic charm and character. The front of the house boasts a striking red brick wall in Flemish bond, resting on a robust granite plinth course and transitioning to rusticated granite basement walling. A moulded white brick eaves course and cast-iron rainwater goods further highlight its historical charm. Square-headed window openings with granite sills and a distinctive red brick surround at the basement window add to its allure. The entrance leads to a recessed porch featuring moulded brick pilasters and a cornice. The porch showcases a decorative plaster cornice and terracotta tiles. Approaching the entrance, a flight of eleven nosed granite steps with a half-landing awaits, bordered by ornate cast-iron railings and wrought-iron with decorative pineapple finials. A single granite step seamlessly connects the house to the footpath, framing this historic architectural gem.
Pre ‘63 declaration. Boasts eight independent units, with a total living space of 252 sqm. Expansive south-east facing rear garden with potential for further construction (STPP). Lapsed planning in 2018. Substantial property Proximity to sought-after schools, shops, churches, pubs and restaurants. Close to Clontarf DART station and well-serviced by bus routes and cycle paths. An array of sporting and recreational facilities nearby: golf clubs, rugby and cricket club, gym, parks, and water sports facilities. Easy access to city centre, IFSC, East Point Business Park, Dublin Airport, Mater Hospital, DCU & Trinity College, M1 & M50 motorways.
Date created: May 15, 2023