Refurbished County Limerick properties saved from dereliction based in Askeaton, Bruff, and Abbeyfeale are available on the open market
Four Limerick City and County Council refurbished Limerick properties saved from dereliction under the RLHD scheme are ready for new owners
Four formerly derelict properties in County Limerick are for sale on the open market after major refurbishments were completed by Limerick City and County Council (LCCC) under the Rural Limerick Housing Development (RLHD) scheme.
The homes in Bruff, Abbeyfeale, and two in Askeaton, have been finished to an exceptionally high standard. As the properties were formerly vacant for more than 2 years they qualify for up to €50,000 under the Vacant Property Refurbishment Grant (Croí Cónaithe) in relation to finishing out works, subject to the terms of the grant scheme.
The homes are suitable for first time buyers or downsizing applicants due to their town centre locations and close proximity to schools and facilities. The properties are extremely comfortable with low cost air to water heat pump heating systems.
RLHD is a pilot project funded under the Rural Regeneration and Development Fund (RRDF) with €2.5million funding allocated to Limerick. Limerick City and County Council provided €800,000 giving a total of €3.3 million for the overall project, which applies to 12 towns and villages in County Limerick. LCCC refurbish properties and offer them for sale on the open market.
Each formerly derelict and vacant property achieves clean legal title allowing for mortgage approval. They have exceptional Building Energy Ratings (BER) and are structurally certified and Building Regulation certified.
Head of Property Management at the Rural, Community & Culture Development Directorate of Limerick City & County Council, Jayne Leahy explains, “Development of derelict properties, by nature, involves risk in terms of the unknown condition of the property once works commence. In addition, financial institutions are normally reluctant to fund such developments due to this potential risk.
“By developing these properties to builder’s standard finish, Limerick City and County Council, supported by the RRDF funding, have been able to de-risk the properties, with the aim of bringing them back into residential occupation.
“These properties represent a significant opportunity for any potential purchaser. Without the intervention of the Council, it is likely that these properties would remain in their vacant and derelict state.”
The four properties available are across the County Limerick towns, Bruff, Askeaton, and Abbeyfeale.
Churchview, Askeaton – €150,000, is a terraced two-storey three-bedroom townhouse in Churchview, Askeaton, Co. Limerick. Refurbished to builders finish to allow owner to finish kitchen floor finishes and tiling of their choice.
William Street, Askeaton – €170,000, is an end of terrace two-bedroom townhouse in Askeaton ,Co. Limerick. Dormer dwelling refurbished to a very high standard to allow owner to finish to their personal style.
Convent Road, Abbeyfeale – €150,000, is a detached single-storey two-bedroom townhouse in Abbeyfeale, Co. Limerick with bathroom and open plan kitchen/living/dining. The property has a large south-facing back garden and off-street parking within a 5-minute walk of shops, schools and town facilities.
Main Street, Bruff – €150,000, is a three-storey one-bedroom townhouse with garden in the Architectural Conservation Area of Bruff, Co. Limerick.