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Windfalls at Cork's Waterfall as second good 'un comes for sale guiding €875k

Windfalls at Cork's Waterfall as second good 'un comes for sale guiding €875k

Irish Examiner26-05-2025

THIS sunny month of May has brought not just one Heatherfield Cork home for sale, but two: No 38 in this early to mid-2000s development came first, at the start of May, and is already 'sale agreed'; now, before the month closes, here's No 52 — a more 'original' version of the type.
We're already back looking at this Waterfall scheme of 60+ detached homes, undertaken by Fleming Construction about 20 years or so back, and where the better examples have tipped over the €1m mark in recent times. No 31 made €1.05m just at the end of 2024, having guided at €850,000, and now No 38 is 'sale agreed', also over its €975,000 AMV, reported to have also gone into the €1m+ league for vendors who've been there for 23 years and are moving to the coast.
52 Heatherfield
No 38 featured here over a few editorial pages in early May, and had been extended to the side for a very useful large laundry/utility/pantry (used for drying masses of sailing gear on the evidence of a visit), linking to an enlarged garage and workshop for a super-practical flow of service and family rooms, adding to the already decent floor plan of the original.
Rear of 52
No 52, here today, shows what the original layout was from day-one, still fitting in a decent 230 sq m with five bedrooms — of which two are en suite and one, to the front, also has a dressing room.
It's listed with a €875,000 AMV with estate agent Michael Downey, of ERA Downey McCarthy, who says it's impressive and on a good site.
It faces a green, is well-sized both inside and out, and is very well kept, he adds.
It's been a rental property rather than owner-occupied, and so the 'feel' is different to that of the well-lived in No 38, whilst its gardens have been well landscaped.
It also has play areas and a garden room/sheds.
The rear backs onto the very first stages of Fleming Construction's subsequent Waterfall development, Earls Well, with glimpses of one of the more unusual barn-roofed style and more contemporary one-offs there, likely to have been a former showhouse.
No 52 has mature boundaries all around, good parking on a cobble lock drive and gated access, with rear patio off the family room, down steps from the kitchen/dining area in a slight split level layout. It has the typical Heatherfield large central hall, with main reception to the right, and has a smaller one/home office on the left, and all gets a good B3 BER.
VERDICT: Guided at €875,000, No 52 is unlikely to reach the heights No 38 and No 31 did in topping €1m, but under-bidders on No 38 may bid on No 52 and make plans to spend a further sum later on add-ons and decor upgrades?

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Stylish Waterfall home at Earls Well hits market for €1.2m — could set estate price record
Stylish Waterfall home at Earls Well hits market for €1.2m — could set estate price record

Irish Examiner

time3 days ago

  • Irish Examiner

Stylish Waterfall home at Earls Well hits market for €1.2m — could set estate price record

LOCAL lore has it that a well or spring in Waterfall was a regular pitstop for some historical notable to water his horses, perhaps while conducting the business of running a vast estate. Some of the speculation centres on the Earl of Bandon, as he may have passed through Waterfall on the road home. The theory works in favour of the original Gaelic name for Waterfall, Tobar an Iarla, or Well of the Earl. While the days of earls are long gone this side of the Irish Sea, Waterfall still has an upmarket sheen. Traditionally favoured by academics and medics, it's on the right side of Cork City for accessing major hospitals and third-level education facilities. Bishopstown is reachable in minutes, yet Waterfall feels distinctly rural. Twenty-first century developments continue to cement Waterfall's aura of fashionability. 11 Earls Well In the early noughties, Fleming Construction launched Heatherfield, a scheme of large, detached homes on the city side of Waterfall village, where dozens queued to view the showhouse in Celtic Tiger times. Reports were that some of the Heatherfield units sold for €1m a pop. They've never quite returned to those glory days, says the price register, albeit No 35 made €820,000 two years ago, and No 38, currently on the market with Frank V Murphy, is rumoured to be sale agreed at €1.15m. 38 Heatherfield is rumoured to be sale agreed in excess of €1m Heatherfield was a talking point in Waterfall until Fleming Construction unveiled plans for an even more ambitious scheme of 42 homes right next door to it, to be built on 30 acres bought from local publicans, the O'Shea family. That estate was Earls Well and it would be built to standards few estates could match. The first five homes lived up to the billing: Detached, O'Mahony Pike designed five-beds, the biggest was just shy of 4,000 sq ft. Unfortunately for the builder, the timing was disastrous and nothing sold as the downturn took hold. Flemings went into liquidation in 2010, one of the first major construction casualties of the collapse, with debts of a staggering €1bn. NAMA entered the frame during the post-crash mop-up and Townmore Construction took on the build work in late 2016. Another dozen homes were delivered — including No 11, featured here — before receivers for the Fleming group sold off the remaining land with full planning permission for 28 homes, which O'Callaghan Properties bought and finished out. The entire estate is now finally completed, fully landscaped, and all homes occupied. no 11 Earls Well To date, resales have been few and far between. Number 11's arrival to market should, therefore, excite interest among homeowners looking for a quality family trade-up within shouting distance of the city's western suburbs. Bought by the current owners in 2018, you could scarcely tell it's been lived in, so good is its condition. Although smaller than the original five in the scheme, it's still a very generous 237 sq m, and layout and light levels make it feel even bigger. Generous hallway at No 11 No 11, towards the back of the development — which is arranged in cul-de-sac clusters, around greens — was sold with a builder's finish for €603,300 in 2018. Its owners hired an interior designer to get it right inside. Warm, amtico, herringbone-style flooring runs throughout the ground floor, where heating is underfloor; bespoke wall panelling is a prominent feature; impressive 'media walls' in the family room and in the kitchen/dining/living room are the product of skilled joinery. Family room with built in media wall As the owner knows a thing or two about kitchens, the one at No 11 looks pretty good. Hand-painted, in-frame, with a large island, quartz worktop, and Belfast sink with insinkerator (garbage disposal), it also comes with a wine fridge and AGA electric range cooker. Bigger household appliances are in the adjoining utility. The island can sit three comfortably, and there's room for a few more at the dining table in the centre of the open-plan area, where a picture window overlooks the farmer's field next door. 'You get cows peeping in from time to time; it's great to have that when you are so close to the city, too,' the owner says. The open-plan area also accommodates an attractive lounge space, where glazing covers the entire back wall, overlooking the terrifically generous rear garden. A sliding door leads outside. The house is designed to capitalise on its rear aspect. It faces south west and big windows dominate its rear walls. Wraparound glazing is a feature of both the main, open-plan area and also the family room, where the second of three sets of sliding door leads to the large, sandstone patio. Family room The third sliding door is in the study, which has bespoke wall panelling, plantation shutters, and specially-built joinery for storing files and watching television. Generous bedrooms are a theme on the Ducon concrete, slabbed first floor; the main has both a walk-in closet and a quality en suite. All have plantation shutters and there's a second en suite. A floored attic runs the length of the house and there's also a garage for storage. Study The family aspect to No 11 continues outdoors where the rear is laid to lawn — plenty space for swings/slides/trampoline — while the front drive 'can accommodate 10-15 cars', says the owner. Plenty space for outdoor toys Because the houses at Earls Well are all on large sites — No 11 is on 0.4a — there's no sense of being overlooked. Mature hedging and electronic gates reinforce that sense of privacy, not to mention security for the children. The current owners are relocating for family reasons and Norma Healy, of Sherry FitzGerald, is handling the sale. She says 2,550 sq ft No 11 is 'the quintessential, modern family home', ready to go, with a best-in-class, A-3 energy rating. 'What's more, it's just minutes from Bishopstown and Ballinora national school is just half a mile down the road,' the agent says. Her price for this spacious, stylish home is €1.2m. If it makes the money, it will set a record for the estate. Two larger Earls Well units have already breached €1m, but both were bigger. However, neither was fully finished. VERDICT: The complete package for a family trading up who want to be a stone's throw from Bishopstown.

Windfalls at Cork's Waterfall as second good 'un comes for sale guiding €875k
Windfalls at Cork's Waterfall as second good 'un comes for sale guiding €875k

Irish Examiner

time26-05-2025

  • Irish Examiner

Windfalls at Cork's Waterfall as second good 'un comes for sale guiding €875k

THIS sunny month of May has brought not just one Heatherfield Cork home for sale, but two: No 38 in this early to mid-2000s development came first, at the start of May, and is already 'sale agreed'; now, before the month closes, here's No 52 — a more 'original' version of the type. We're already back looking at this Waterfall scheme of 60+ detached homes, undertaken by Fleming Construction about 20 years or so back, and where the better examples have tipped over the €1m mark in recent times. No 31 made €1.05m just at the end of 2024, having guided at €850,000, and now No 38 is 'sale agreed', also over its €975,000 AMV, reported to have also gone into the €1m+ league for vendors who've been there for 23 years and are moving to the coast. 52 Heatherfield No 38 featured here over a few editorial pages in early May, and had been extended to the side for a very useful large laundry/utility/pantry (used for drying masses of sailing gear on the evidence of a visit), linking to an enlarged garage and workshop for a super-practical flow of service and family rooms, adding to the already decent floor plan of the original. Rear of 52 No 52, here today, shows what the original layout was from day-one, still fitting in a decent 230 sq m with five bedrooms — of which two are en suite and one, to the front, also has a dressing room. It's listed with a €875,000 AMV with estate agent Michael Downey, of ERA Downey McCarthy, who says it's impressive and on a good site. It faces a green, is well-sized both inside and out, and is very well kept, he adds. It's been a rental property rather than owner-occupied, and so the 'feel' is different to that of the well-lived in No 38, whilst its gardens have been well landscaped. It also has play areas and a garden room/sheds. The rear backs onto the very first stages of Fleming Construction's subsequent Waterfall development, Earls Well, with glimpses of one of the more unusual barn-roofed style and more contemporary one-offs there, likely to have been a former showhouse. No 52 has mature boundaries all around, good parking on a cobble lock drive and gated access, with rear patio off the family room, down steps from the kitchen/dining area in a slight split level layout. It has the typical Heatherfield large central hall, with main reception to the right, and has a smaller one/home office on the left, and all gets a good B3 BER. VERDICT: Guided at €875,000, No 52 is unlikely to reach the heights No 38 and No 31 did in topping €1m, but under-bidders on No 38 may bid on No 52 and make plans to spend a further sum later on add-ons and decor upgrades?

Finding Nemo link at end of the line 7 Eldred Terrace
Finding Nemo link at end of the line 7 Eldred Terrace

Irish Examiner

time26-05-2025

  • Irish Examiner

Finding Nemo link at end of the line 7 Eldred Terrace

NO 7 Eldred Terrace, the end of a line on Cork City's main Douglas Road, has had a chequered past but, now, after a full internal refurb, looks like having a brighter, steadier future. Dating to the late 1800s, the three-storey late Victorian era home came into the ownership of the Department of Defence in the mid 20th century, when it formed part of a FCA facility for drilling and training volunteers as an auxiliary defence force — the FCA is now folded into the Army Reserve. Former Nemo Rangers GAA lands between the two Douglas roads with Eldred Terrace top right Later, coming to the height of the boom, No 7 was bought by Fleming Construction as part of a major land assembly by Fleming Construction that included a c €7m deal with GAA club Nemo Rangers, which had pitches behind Eldred Terrace, between the main and south Douglas Roads and Cross Douglas Road. Nemo relocated to elaborate new facilities at Trabeg, Douglas, in 2007. Plans were drawn up by Fleming Construction for a major residential scheme of several hundred homes to be accessed here off the main Douglas Road (but a plan to demolish mid-terraced houses by Bellair Estate junction for access came to naught) and Fleming's former Nemo site sold for €2.85m in 2013, along with 7 Eldred Terrace, to a company Dildar linked to developer Paul Kenny. Eldred Terrace The Price Register shows No 7 Eldred Terrace selling in 2013 for €150,000. It would have been in a raw condition then, and for much of the following decade, until getting a major overhaul, and modest rear extension, within the past year. The Nemo/Fleming/Dildar site behind had planning applied for and granted over 200 units, mainly apartments, with the last application due a decision by 2023 and the site's ownership also become involved in a legal issue in 2024, with some site activity visible on it currently. Meanwhile, 7 Eldred Terrace appears ready to cut ties with its rather complicated recent past and property market ups and downs, having come for sale with a price guide of €795,000 in an 'as-new' condition, with a B2 BER, and is already over that in offers with estate agent Niall Cahalane of Cahalane Skuse who says his vendor is a company. Rear view No 7 No 4 Eldred Terrace is the only recent previous sale showing on the Price Register since 2010, and it sold in 2021 for a recorded €335,000, above the €315,000 AMV it had carried as an older-style, F-BER rated 1,770 sq ft three-storey with rear access. No 7 is shiny new in looks and feel inside, with slight rear kitchen/family living extension. It has four bedrooms, two per upper floor with one en suite and each level has a bathroom. It's in ready to furnish condition, with flooring, bathrooms, tiling, built-ins and kitchen all in situ. It has an enclosed front garden with original cast iron rails which form an important feature of the row of seven houses at Eldred Terrace, which goes east back to the Cross Douglas Road junction. It has a side entrance to a set-back area used by residents for car parking, with a separate gate access to the compact enclosed rear garden and patio by where future new development on the Nemo lands may come in time. Auctioneer Niall Cahalane says No 7 has two reserved car parking spaces. VERDICT: No 7 is now end of the line, in more ways than one.

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