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Property - Trading up with Liz O'Kane

Wednesday, 28 February 2007

PROPERTY - TRADING UP WITH LIZ O'KANE

If your thinking of trading places from an apartment to a house then Liz O'Kane has all the advice you need to make the transition with as little head aches as possible and the lowdown on the best houses on the market.

Liz O'Kane - House Hunter
Liz is best known to viewers since 2004 as the enthusiastic, chirpy presenter/expert on RTE's productions of House Hunters and House Hunters in the Sun where she lends her expertise to property hunting participants.
Liz has recently joined The Afternoon Show as their resident home finder and will be presenting a weekly property slot attempting to find hidden gems and property bargains around Ireland!

Until recently Liz has written a weekly property column for the Evening Herald newspaper and also submits to several other publications including the House Hunters in the Sun magazine.  Liz is currently shooting the House Hunters in the Sun series which will air in January '07 and running her home finding business www.get-sorted.ie she is married to Rory an architect and has two children, Rossa aged 7 and Ellie aged 5.

RTE's popular Househunters series is currently in pre-production. This season Property Locater Liz O Kane will be joined by a new co-presenter Property Investment Expert Ian Lawlor. Coco Television are currently looking for people who have decided to move house or buy an investment property in Ireland. So if you are house hunting and want expert advice call Coco Television on 01 4970817 or email info@cocotelevision.ie

Sligo
In January '05 the average price of a 3 bed mid-terrace ex-corporation house was €120k .In February '07 the same property is now asking €165k. An increase of approximately 40% or €45k profit

Property 1 - Sligo: brand new
Spectacular 4 come 5 bedroom detached newly constructed house in an exclusive development situated in the village of Killargue, Co. Leitrim. If you go about 16 miles outside Sligo there's some great value to be had. This brand new 4 bed detached in Killarghue is asking €210k and there is no stamp duty to be paid! Now that's good value! This house has been finished to the highest of standard and includes solid timber flooring, skirting and doors throughout. Viewing strictly by appointment only.

Contact
PropertyTeam Henry Auctioneers
Abbey Street,
Sligo
Co. Sligo

Property 2 - Sligo: Second Hand
4 bed detached second-hand house in Cairn Hill Sligo. This is a second hand 4 bed detached house in good order asking €295k. And for owner occupiers the stamp duty to be paid is 5% or an extra €14,750k bringing the price of the property up to €309,750. Superbly presented 4 bedroom detached house for sale in Cairns Hill, Sligo. This house is finished to an excellent standard and includes a large enclosed back garden.

Contact
PropertyTeam Henry Auctioneers
Abbey Street,
Sligo
Co. Sligo

Dublin
A two bed duplex apartment (starter home) in Fernleigh, Castleknock, Dublin 15 is currently on the market in Feb '07 asking €381k. The property was purchased in Jan '05 for €310k leaving a profit of €71k.

Property 1 - Dublin: Brand New
Grand Canal Walk, Dublin 7, 3 bed townhouse With the profit diminished through stamp duty, the new deposit will be €40,250, and the new mortgage will now be a whopping €400k.
Location: Grand Canal Walk, Dublin 7
3 bed townhouse
Price: €410k

Contact
Flynn & Associates Castleknock
Castle Court
Castleknock
Dublin 15
Phone: 01 8211311
Fax: 01 8211057

Property 2 - Dublin: Second Hand
Windmill, Porterstown, D15
However, a brand new three bed duplex a little further out in Porterstown, D15 is asking €439k with no owner occupier stamp duty. Now our €71k profit can be put to good use and the three bed will come in at €368k.

Contact:
Contact Andrew Rafter/Jim Flynn 
Ph:  8211311
Visit:  www.livingatwindmill.com

Athlone
The average price of a 3 bed semi-detached starter home in Athlone, Co. Westmeath in Jan'05 was €185k. The same property is for sale in Feb '07 asking €235k
Approximately a 30% increase in price or a €50k profit over the two year period

Property 1 - Athlone: Brand New
To upgrade to a new, larger 4 bed detached home in the Corran Riada development will cost €319,950 to include all flooring, kitchen appliances and bathrooms tiled.
Lets assume the original mortgage was 100% as first time buyers.
Location: Corran Riada, Athlone
4 bed detached home
Price: €319,950

Property 2 - Athlone: Second Hand
This is the second hand detached property in Athlone which is in the same locality as the new house. A slightly larger second hand detached 4 bed-roomed house in Athlone is asking €375k vs €319,950 for the brand new home. The stamp duty on this property will amount to 6% or €22,500! They are purely a guide line
Woodfield Grange is priced at €375k plus stamp duty.
Location: Woodfield Grange, Athlone
4 bed-roomed house
Price: €€375k

All contact details for the two houses are with the same agent Donna Hynes
Hynes Real Estate Alliance
Phone: 090 6473838

Cork
Property 1 - Cork: Brand New

New development in Cloyne, co. cork - 3 bed semi
Lus an Ime offers a unique combination of 8 house styles, situated at the heart of the serene and welcoming community of Cloyne.  A place to live life comfortably and affordably while remaining only minutes from the convenience and amenities of Midleton. Phase 3 due to be released after Easter. Price of next release of Type C house will be in the region of €320,000.
Location: Cloyne, co. cork
3 bed semi
Price: €320,000 approx

Contact:
Hegarty Properties
021 4639 411
www.Hegarty-Properties.com

Property 2 - Cork: Second Hand
Circa 1,300 sq. ft. Situated within walking distance of Carrigtwohill village, No. 38 Rocklands is an impressive three bedroom semi-detached family residence. The property has a bright airy interior, stylishly decorated in neutral modern tones with well laid out living accommodation and a private south west facing garden making this a desirable family home. No. 38 is located in a much sought after area; only 10 minutes from the Jack Lynch Tunnel, 5 minutes from the new Amgen Plant and 7 minutes from Midleton offering all the essential and social amenities. Other immediate amenities include shops, excellent schools both national and secondary, church, sporting facilities and excellent transport links including bus routes and rail line expected to reopen in 2008. Overall this house has all the elements to make it a must see!

Accommodation: Sitting Room, Kitchen/Dining Room, Utility,Study/Playroom/Bedroom 4, 3 Bedrooms (1 en-suite) and Family Bathroom.
Guide Price: €365,000.
Location: Carrigtwohill village, Co. Cork
4 Bedrooms, 1 en-suite, and 1 Family Bathroom.
Price: €365,000.

Contact:
Hegarty Properties
021 4639 411
www.Hegarty-Properties.com

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