Appleton Property Market Update - Cnoc na Gréine

(Sponsored Post) As the traditional property season begins we at Appleton Property are examining market activity in some of our local areas in Kilcullen and beyond. This week we are looking at Cnoc na Gréine. 

Cnoc na Gréine is the most frequently exchanged property address in Kilcullen. More property comes to market in Cnoc na Gréine than elsewhere in the town each year. This is the case for a number of reasons. First and foremost it is the largest development in Kilcullen and it stands to reason that more houses would be exchanged here than elsewhere. Secondly, Cnoc na Gréine has a large selection of 2-, 3- & 4-bedroomed homes in various house types. Therefore it attracts a broad range of potential purchasers as house prices vary in accordance with property size and condition. Thirdly as we all know there is an extreme shortage of rental property. Many landlords are leaving the market. While we do see some buy to let activity in Kilcullen, it is more often the case that we are acting for landlords selling rental property. Cnoc na Gréine was built c.2002/3 when there was huge interest in investment property. Cnoc na Gréine was a popular choice with investors at that time. We have handled a lot of rental property in Cnoc na Gréine over the years in our letting and management service. In recent years as Cnoc na Gréine follows the national trend, many landlords are selling their property. The buyers of these homes are predominantly owner occupiers. We have seen the percentage of owner occupied homes increase in the development. Investors selling rental property account for a significant percentage of sales in Cnoc na Gréine over the past few years.

Buyers like Cnoc na Gréine for many reasons. The main attraction is the convenience of the location to the schools, all the sporting amenities of the town and the town itself. It is also within a few minutes of the M9 without going through the town and is very convenient to the M7 and Newbridge commuter rail link. 

In recent months we have seen the Council take the development in charge. This is of huge benefit to all residents and property owners in the development. The involvement of the Council will eventually lead to further improvements in the public areas. There is also a very active Residents Association in the development who will continue their good work and will continue the maintenance of the green areas. 

In the past three months Appleton Property have brought six different house types in Cnoc na Gréine to market for sale. We have brought an L shaped four-bedroomed detached home to market at an asking price of €380,000. This home was in exemplary condition having been modernised and upgraded in recent times. We had a mid-terrace two-bed, former rental property for sale with an asking price of €225,000 in November 2022. This sale has closed in the past two weeks. We had a three-bedroomed corner house in Cnoc na Gréine Woods which was sale agreed in three weeks. We then brought a four-bedroomed home to market overlooking a green area. This home has an ensuite bedroom over the adjoining homes carport. This property sale was agreed within a fortnight with an asking price of €330,000. Last week we listed a four-bed three-storey semi-detached home in the development. We have some immediate viewing requests with viewings starting this week. Later this week we have a turn-key, owner-occupied three-bedroomed home with new windows and doors and new boiler coming to market. Viewings will commence on this home next week. 

For those considering upgrading their homes or carrying out improvements in Cnoc na Gréine we would recommend focusing on the BER rating. A BER rating of B adds value and reduces your costs. 

The standard homes in Cnoc na Gréine have a BER of C3, C2 or C1. A potential purchaser may obtain a preferential interest rate on their mortgage on homes with a B or higher rating. If you are considering selling your property or want some advice on how to maximise the value of your home, please feel free to call Austin Egan of Appleton Property on 045 482759. Consultations/Sales Valuations are free of charge and without obligation.

The above mentioned sales are private treaty sales and we therefore do not publish the price achieved until such time as the sale closes. If you require further information on any of the above please call Austin Egan at Appleton Property on 087 131 1133 or text/WhatsApp us for a call back. 

Next time we will be taking a look at activity in Castlemartin Lodge.

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