Four fixer uppers with huge potential on Westmeath property market for under €200,000
The Westmeath property market is also home to properties that are teaming with potential to become dream homes but are in need of some renovation. Check out four of these fixer uppers on the market for under €200,000.
Ballard, Walshestown, Mullingar, Co. Westmeath (€199,950): The two-bedroom bungalow is set on approximately 0.3 acres in the peaceful and picturesque area of Ballard, Slanemore, just outside Mullingar.
Oozing with potential, this property comprises a bright and spacious living/dining room, a separate kitchen, two generously sized double bedrooms with a view of Lough Owel from the rear bedroom, as well a family bathroom.
While the residence is in need of renovation, this home offers potential buyers the opportunity to create a comfortable residence tailored to your taste and needs.
Situated in a tranquil rural setting, the property also offers ample outdoor space and ideal for those seeking privacy while still being in close proximity of Mullingar town and all its amenities.
It is important to note the property may qualify for the Vacant Property Refurbishment Grant, making it an attractive option for both homeowners looking to restore and modernise this idyllic country home.
Milltown (€170,000): The derelict three-bedroom farmhouse is located just outside the village of Milltown approximately 15km from Mullingar.
Having been vacant for many years, the property does require complete renovation in order to bring it to a habitable condition, however, it offers immense potential as a family home.
The accommodation comprises of a kitchen/dining room, sitting room, living room at ground floor level with four bedrooms and bathroom on the first floor all of which are in poor condition in need of extensive renovation.
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The property is set on a 0.6 acre site and has a large haybarn to the side and further outbuildings to the rear and is located in a rural but accessible location just off the R392 with easy access to Mullingar and Ballymahon.
Rathwire Lower, Killucan, Co. Westmeath (€140,000): The one-bed semi detached property is set on a large c. 0.55 acre site in an ideal location at the edge of Rathwire village.
The land is currently "Zoned Residential" and offers great potential to further develop the site subject to the necessary planning consent.
The house comprises of one bedroom at first floor level with a kitchen, sitting room and bathroom at ground floor level all of which are in reasonable condition but would benefit from modernisation.
The lands to the side and rear of the house are currently zoned "Residential" under the Westmeath County Development Plan 2021 -2027.
Killucan is an excellent residential location with many services and amenities close by such as primary and secondary schools, shops, a creche and the Royal Canal Greenway.
The M4/M6 at Kinnegad is just seven kilometres away and the town of Mullingar is just a 15 minute drive.
Hiskinstown, Delvin, Co. Westmeath (€75,000): This two-bed property incorporates an extended country cottage and is estimated to stand on in excess of one-third of an acre.
It requires extensive refurbishment and retrofitting in order to increase it to a level of modern comfort.
The fundamentals of the house are good and it sits large site with mains water and electricity connections.
It is also set in a convenient location, almost opposite St Tolas National School, among other positive attributes.
Additionally, the property has been vacant for more than two years and is eligible for a range of state-funded housing improvement grants.
As of May 1, 2023, amongst the Government initiatives, there's up to €70,000, including €20,000 Derelict top-up, available through the Croí Cónaithe scheme and up to €26,750 under the SEAI Better Energy Home Scheme.
Eligibility is subject to qualification and conditions and interested parties should make their own independent enquiries in order to determine their applicability, availability, conditionality and qualification.
Set in the idyllic Westmeath countryside, the property is also conveniently located approximately 150 metres distant from St Tolas National School and a further 150 metres or so from the N52.
It is also in close proximity to the Kells/Mullingar Road, otherwise the Dundalk/Limerick Road and the villages of Delvin and Killucan are some 4km and 8.5km distant respectively.
It is also close to the county town of Mullingar, Westmeath's administrative centre and Kells town is approximately 26km away, with the M3 motorway conveniently adjacent.
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'These grants are not working,' said Social Democrats' Elisa O'Donovan, 'we need more people living in our city centre.' 'I know so many people who want to live in the city centre. However, it is so expensive for them to do up a derelict property or an old Georgian house,' she added. Referring to the Living City Initiative, she said: 'The number of successful applicants for that initiative and for that grant has gone from 24 successful applicants in 2022 to only nine last year, and that's both for residential and commercial.' On other schemes, she added: 'Only one private residence in the metropolitan area was awarded funding last year' through the Historic Structures Fund. 'The only people that I know who have been successful in getting this grant in Limerick city are property developers or landlords,' she continued, referring to the Vacant Property Refurbishment Grant which can get a prospective applicant up to €70,000. 'I just know one person who was eligible for this to have it as their primary residence, but then eventually they rented it out, and now they actually have multiple properties within the city centre.' She concluded: 'I believe we should write to the government to ensure that first-time buyers, those who need that €70,000 to renovate a city centre property and make it their home, are prioritised for this funding, so we can create a more liveable city.' 'These houses in the city centre, they're not just investments for developers and landlords. They are possible homes for people,' said Cllr Shane Hickey-O'Mara, who seconded the motion. 'We need life in the city desperately.' Cllr Maria Donoghue added: 'A lot of our grant schemes for capital works are quite onerous and cumbersome. 'You have to spend the money up front before you can get the grant. I support anything that brings life into the city, but if you need the money up front in order to access the money, well then it's a circuitous and ineffective grant and we should look at it.' 'Anything that brings life back into the city and helps us become a liveable city, it has to be commended,' said Cllr Ursula Gavan.
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Four fixer uppers with huge potential on Westmeath property market for under €200,000
Even though it is not the cheapest, the Westmeath property market does offer an excellent balance of affordability and proximity to amenities and transport links setting it apart from other counties when it comes to getting more bang for your buck. The Westmeath property market is also home to properties that are teaming with potential to become dream homes but are in need of some renovation. Check out four of these fixer uppers on the market for under €200,000. Ballard, Walshestown, Mullingar, Co. Westmeath (€199,950): The two-bedroom bungalow is set on approximately 0.3 acres in the peaceful and picturesque area of Ballard, Slanemore, just outside Mullingar. Oozing with potential, this property comprises a bright and spacious living/dining room, a separate kitchen, two generously sized double bedrooms with a view of Lough Owel from the rear bedroom, as well a family bathroom. While the residence is in need of renovation, this home offers potential buyers the opportunity to create a comfortable residence tailored to your taste and needs. Situated in a tranquil rural setting, the property also offers ample outdoor space and ideal for those seeking privacy while still being in close proximity of Mullingar town and all its amenities. It is important to note the property may qualify for the Vacant Property Refurbishment Grant, making it an attractive option for both homeowners looking to restore and modernise this idyllic country home. Milltown (€170,000): The derelict three-bedroom farmhouse is located just outside the village of Milltown approximately 15km from Mullingar. Having been vacant for many years, the property does require complete renovation in order to bring it to a habitable condition, however, it offers immense potential as a family home. The accommodation comprises of a kitchen/dining room, sitting room, living room at ground floor level with four bedrooms and bathroom on the first floor all of which are in poor condition in need of extensive renovation. ADVERTISEMENT The property is set on a 0.6 acre site and has a large haybarn to the side and further outbuildings to the rear and is located in a rural but accessible location just off the R392 with easy access to Mullingar and Ballymahon. Rathwire Lower, Killucan, Co. Westmeath (€140,000): The one-bed semi detached property is set on a large c. 0.55 acre site in an ideal location at the edge of Rathwire village. The land is currently "Zoned Residential" and offers great potential to further develop the site subject to the necessary planning consent. The house comprises of one bedroom at first floor level with a kitchen, sitting room and bathroom at ground floor level all of which are in reasonable condition but would benefit from modernisation. The lands to the side and rear of the house are currently zoned "Residential" under the Westmeath County Development Plan 2021 -2027. Killucan is an excellent residential location with many services and amenities close by such as primary and secondary schools, shops, a creche and the Royal Canal Greenway. The M4/M6 at Kinnegad is just seven kilometres away and the town of Mullingar is just a 15 minute drive. Hiskinstown, Delvin, Co. Westmeath (€75,000): This two-bed property incorporates an extended country cottage and is estimated to stand on in excess of one-third of an acre. It requires extensive refurbishment and retrofitting in order to increase it to a level of modern comfort. The fundamentals of the house are good and it sits large site with mains water and electricity connections. It is also set in a convenient location, almost opposite St Tolas National School, among other positive attributes. Additionally, the property has been vacant for more than two years and is eligible for a range of state-funded housing improvement grants. As of May 1, 2023, amongst the Government initiatives, there's up to €70,000, including €20,000 Derelict top-up, available through the Croí Cónaithe scheme and up to €26,750 under the SEAI Better Energy Home Scheme. Eligibility is subject to qualification and conditions and interested parties should make their own independent enquiries in order to determine their applicability, availability, conditionality and qualification. Set in the idyllic Westmeath countryside, the property is also conveniently located approximately 150 metres distant from St Tolas National School and a further 150 metres or so from the N52. It is also in close proximity to the Kells/Mullingar Road, otherwise the Dundalk/Limerick Road and the villages of Delvin and Killucan are some 4km and 8.5km distant respectively. It is also close to the county town of Mullingar, Westmeath's administrative centre and Kells town is approximately 26km away, with the M3 motorway conveniently adjacent.
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