Photograph 1 of 26 of 1 Bishop Street, Limerick City
1 / 26

1 Bishop Street, Limerick CityV94V90E

SALE AGREED

Last asking price: €220,000

2 Bed~2 Bath~55 m²~BER F

What you'll like:

  • Historic Quarter Location: Situated in Limerick city's historic Medieval Quarter, providing exceptional convenience and walkability to local amenities, cafés, restaurants, and everyday urban necessities.
  • Turnkey Interior Condition: Presented in very good condition throughout with tasteful modernisation, allowing the purchaser to move in immediately without undertaking significant initial renovation works.
  • Included Contents: All contents, fixtures, and fittings are included in the sale, offering added value and immediate convenience for first-time buyers or residential investors.
  • Charming Red Brick: Features an attractive red-brick exterior facade that enhances curb appeal and preserves traditional architectural character within the central city setting.
  • Bright Living Space: Enjoys a welcoming ground floor reception room featuring an open fireplace, creating a warm focal point and ensuring good natural light distribution.
  • Modern Fitted Kitchen: Equipped with a range of contemporary fitted storage units and workspace, offering direct access to the private rear patio area for outdoor dining.
  • Valuable Side Access: Benefits from a practical side access point leading directly onto Exchange Street, facilitating bin storage, bicycle access, and general everyday maintenance convenience.
  • Private Rear Patio: Includes an enclosed outdoor patio space at the rear of the dwelling, offering a manageable low-maintenance area for relaxing outdoors in the city.
  • Gas Fired Heating: Equipped with gas-fired central heating which provides reliable and easily controllable warmth throughout the compact living accommodation during colder winter months.
  • Double Glazed Windows: Fitted with double-glazed window units throughout, helping to reduce external street noise and improve internal thermal retention for the occupants.
  • Integrated Alarm System: Comes installed with a security alarm system, offering prospective owners added peace of mind regarding property security while away from home.
  • Educational Proximity: Located within comfortable walking distance of renowned institutions including the Limerick School of Art and Design and the UL City Campus.
  • Opera Square Proximity: Positioned moments away from the landmark Opera Square development, potentially benefiting from future area regeneration and localized commercial growth.
  • Rental Investment Potential: Represents an appealing purchase option for buy-to-let investors seeking a property in a high-demand central urban rental location.
  • Downsizing Suitability: Offers a practical single-level and compact layout option for downsizers wishing to remain close to central urban amenities and transport links.
  • Permit Parking Available: Benefits from residential on-street parking permits available through the local authority, assisting with vehicle storage close to the front entrance.
  • Well Proportioned Bedrooms: Upstairs features two spacious bedrooms that enjoy good natural light and comfortable proportions for a compact city-centre residence.
  • Dual Bathroom Setup: Comprises two bathrooms across the property layout, including a ground floor bathroom with a bath and an upstairs bathroom featuring a freestanding shower.
  • Compact Floor Area: Features an easily manageable floor area of approximately 55 square metres, minimizing routine cleaning and domestic upkeep requirements for busy occupants.
  • Strong Local Demand: Properties in this historic urban core traditionally attract steady interest from renters and buyers alike due to the unmatched proximity to city amenities.

But keep in mind:

  • Poor BER Rating: The property carries a low BER rating of F, indicating high energy consumption and significant thermal inefficiency that requires immediate energy upgrade works.
  • Upgrading Costs Required: Achieving a modern energy efficiency standard will likely require substantial capital expenditure on insulation, heating upgrades, and window enhancements.
  • Compact Square Footage: With a total floor area of only 55 square metres, the home offers limited storage space and restricted room dimensions for growing households.
  • On Street Parking Limitations: Reliance on residential permit parking means vehicle spaces are subject to local availability and do not guarantee a dedicated spot outside.
  • Historic Area Constraints: Located in a historic city quarter, which may impose planning restrictions or conservation considerations on any future exterior structural alterations.
  • Limited Private Garden: The outdoor space is restricted to a compact rear patio, offering no traditional lawn or green garden area for family recreation or pets.
  • Ground Floor Bathroom: The primary bathroom featuring a bath is located on the ground floor, which may be less convenient for nighttime use by occupants upstairs.
  • Open Fireplace Efficiency: Traditional open fireplaces can be drafty and inefficient for heating, potentially contributing to higher energy bills and heat loss.
  • Proximity Urban Noise: Central city-centre locations can experience elevated ambient noise levels from nearby nightlife, traffic, and general urban pedestrian activity.
  • Compact Kitchen Layout: The kitchen space appears compact, which may limit extensive culinary activities or the inclusion of larger modern kitchen appliances.
  • Staircase Configuration: The interior staircase connects compact levels directly, which could present accessibility challenges for individuals with limited mobility.
  • Lack of Utility Room: There is no dedicated utility room, meaning laundry appliances must be accommodated within the main kitchen or living zones.
  • Future Retrofit Disruption: Undertaking deep energy retrofitting to address the F rating will cause significant domestic disruption and temporary inconvenience for residents.
  • Ventilation Considerations: Older compact urban dwellings combined with modern improvements should be carefully checked by a surveyor for adequate background ventilation and condensation risks.
  • Structural Survey Advice: Buyers should commission an independent structural survey to investigate potential damp, timber decay, or roof condition in older red-brick homes.
  • Boundary Verification: Purchasers must verify exact property boundaries and the legal status of the side access alleyway leading onto Exchange Street with their solicitor.
  • Insurance Premiums: Properties with lower energy ratings or older structural elements may occasionally attract higher home insurance quotations or policy conditions.
  • Resale Liquidity Factors: The very compact size and low energy rating could influence future market liquidity compared to larger suburban family houses.
  • Storage Limitations: Built-in storage options appear minimal, requiring buyers to invest in custom joinery or external solutions to manage belongings effectively.
  • Heating System Age: The current gas-fired central heating system should be inspected by a certified technician to determine its remaining operational lifespan and efficiency.

Price positioning

?
This comparison depends on limited public and listing evidence, which may be incomplete, outdated or not directly comparable. The score is not a percentage, professional valuation or guaranteed estimate. Ask an independent qualified valuer before relying on a property value.
The asking price looks mildly undervalued compared with the available evidence.
  • The asking price appears moderately valued when considering the compact fifty-five square meter floor area alongside the poor energy rating, which will inevitably necessitate immediate financial investment to improve overall thermal efficiency and reduce utility costs.
  • Valuation signals are mixed because the charming red-brick presentation and central historic quarter location command a premium, yet the very weak energy performance certificate acts as a significant downward pressure on the market value.
  • Strong buyer demand for city-centre properties and included contents could support this quoting figure, though substantial energy upgrade costs and potential hidden structural issues in older terrace homes might undermine the stated price.
  • Additional relevant factors include the valuable private rear patio with rare side access, gas-fired central heating, and proximity to major urban developments, which collectively enhance the lifestyle appeal for prospective purchasers seeking convenience.

Build Analysis

What we know from similar construction types

  • The property is an older end-of-terrace red-brick residence located in a historic city-centre area, which suggests solid traditional masonry construction but also potential issues associated with older housing stock such as rising damp, lack of adequate cavity wall insulation, and aging timber structures.
  • With a floor area of approximately 55 square metres, the compact layout means buyers should investigate the efficiency of the space and check for any alterations or extensions that may require planning compliance verification.
  • The presence of double-glazed windows and gas-fired central heating indicates some modernisation has taken place, but buyers should have a thorough structural survey to assess the overall condition of the roof, plumbing, and electrical systems.
  • Given its end-of-terrace status with side access onto Exchange Street, buyers should verify legal boundaries, rights of way, and the security of the rear patio area.

Retrofit Cost*

Possible renovating / insulating expenditure

  • The property currently holds a poor BER rating of F, which indicates significant energy inefficiency and high heat loss through walls, windows, and roof spaces.
  • A comprehensive deep retrofit to bring this home up to a modern B2 BER standard or higher would likely cost between 35,000 and 50,000 euros, depending on the extent of external wall insulation or internal dry-lining required.
  • Additional costs would likely include upgrading the heating system to a more efficient renewable technology such as a heat pump, adding solar panels, and ensuring adequate attic insulation and ventilation.

Heating cost*

Estimated expense to heat this property every year

  • Estimated annual heating cost: €1,400 to €1,800
  • Explanation: Given the small floor area of 55 m², overall energy demand is somewhat contained, but the poor BER rating of F indicates significant thermal inefficiency, leading to higher than average heating consumption for a property of this size.

Pollution Safe

8/10

Environmental situation to investigate

  • The property is located in an established urban residential area with no major industrial facilities or active landfills immediately adjacent.
  • Any historical urban land uses in the city centre should be verified by the buyer through standard environmental due diligence if concerned.

Flood Safe

7/10

Water overflow reports to follow up

  • The property is situated within Limerick City near the general vicinity of the River Shannon catchment, meaning buyers should review local authority flood maps for specific risk assessments.
  • The area is generally well-developed with urban drainage infrastructure, though low-lying parts of the city centre have historically required monitoring during extreme weather events.

Recent Local Sales

Verified residential transactions published in the previous five years

Sales on the same street or estate

  • 2 BISHOP ST, LIMERICK, LIMERICK

    Sale date
    Declared sale price
    €242,000.00
  • 18 BISHOP ST, LIMERICK, LIMERICK

    Sale date
    Declared sale price
    €188,000.00
  • 17 BISHOP ST, LIMERICK, LIMERICK

    Sale date
    Declared sale price
    €115,000.00
  • 17 BISHOP ST, LIMERICK, LIMERICK

    Sale date
    Declared sale price
    €65,000.00
  • 7 BISHOP ST, LIMERICK

    Sale date
    Declared sale price
    €115,000.00

Recent sales in the wider local area

No verified results were found for this group in the previous five years.

Source: Property Services Regulatory Authority (PSRA), Residential Property Price Register (PPR). Matching uses address information published by the PPR rather than measured map distance. It may omit nearby properties on differently named streets.

Last Sale

A confidently matched previous PPR transaction for this property

No confidently matched previous sale was found in the Property Price Register.

Buyer fees*

Associated expenses guide

  • Estimated stamp duty: €2,200 — 1% of €220,000.
    ?
    Based on the asking price shown on this page, using standard residential stamp-duty rates. No adjustments are made for VAT, reliefs, mixed-use property or additional land. The final purchase price and your circumstances may change the amount payable.
  • Solicitor legal fees: roughly €1,500 to €2,500 excluding outlay and VAT
  • Land registration fees: approximately €170 to €400 depending on the application type
  • Property valuation fees: around €150 to €300 typically required for mortgage approval
  • Surveyor fees: about €400 to €800 depending on the level of detail required
  • Annual home insurance: approximately €350 to €650 depending on the provider and coverage level

Forum Talk

What people are saying about this area

  • Local residents frequently discuss the ongoing development of the nearby Opera Square and its positive impact on footfall and commercial activity in the historic Medieval Quarter.
  • Community forums highlight the convenience of living within walking distance of the city centre, noting the strong appeal for first-time buyers and downsizers.
  • Discussions on local platforms often mention parking dynamics in central Limerick, particularly the availability of residential permit parking for older streets.
  • Neighbourhood groups frequently praise the vibrant café and restaurant culture springing up around the city's historic core.

LifeFit Assessment

How well this property may suit your lifestyle

Family

7 areas
  • Young Children

    The property features two bedrooms and a private rear patio, but with a compact floor area of 55 m², space is limited for growing children, and the small footprint offers restricted play areas.

    5/10
  • Teenagers

    Two bedrooms provide basic shared accommodation, but teenagers would likely find the 55 m² floor area restrictive, and lack of separate living spaces may cause crowding.

    4/10
  • Multi-generational Living

    With only 55 m² and a two-bedroom layout, the home is entirely unsuited for multi-generational living arrangements due to severe space constraints.

    2/10
  • Single Buyers

    The two-bedroom layout, city-centre location, and walk-in condition make this an ideal and manageable home for a single buyer entering the property market.

    9/10
  • Couples

    Couples will appreciate the modernised interior, convenient city-centre setting, and low-maintenance layout, though storage space is relatively compact.

    8/10
  • Empty Nesters

    The single-level elements and manageable size make it a practical option for downsizing, though buyers should verify if stairs present any long-term challenges.

    8/10
  • Retirees

    While conveniently located close to urban amenities, the two-storey layout requires stair climbing, and retirees should review the on-street parking situation.

    6/10

Work

3 areas
  • Remote Working

    Double-glazed windows and a peaceful historic quarter setting support remote work, though finding a dedicated home office space within 55 m² requires planning.

    7/10
  • Hybrid Commuting

    Being in the heart of Limerick City provides excellent connectivity for hybrid workers commuting to local employment hubs or transport links.

    9/10
  • Retired

    Well-suited for active retirees wanting urban convenience, though future mobility needs should be assessed against the two-storey layout.

    6/10

Practical

8 areas
  • Ageing in Place

    The two-storey layout with stairs and a bathroom on the ground floor presents challenges for long-term ageing in place without modification.

    4/10
  • Low Maintenance

    A compact 55 m² floor area and small rear patio mean minimal upkeep is required for day-to-day maintenance.

    8/10
  • Secure Gated Entry

    The property features an alarm and front door access directly onto the street, lacking a gated perimeter or communal security gate.

    3/10
  • Minimalist Design

    The compact layout naturally lends itself to minimalist living, though efficient storage is necessary.

    7/10
  • Flexible Floor Plans

    At 55 m², the footprint is relatively fixed with standard room allocations, offering limited scope for major layout reconfiguration.

    5/10
  • Heritage Home

    Situated in the historic Medieval Quarter with an attractive red-brick facade and retained character features.

    8/10
  • Ecological Setup

    The property carries a low BER rating of F, indicating that energy efficiency and insulation will require significant upgrades.

    2/10
  • Outdoor areas

    Features a private rear patio with convenient side access onto Exchange Street, though it lacks a traditional lawn or garden.

    5/10

Interests

9 areas
  • Gardening

    The outdoor space consists of a private rear patio rather than a traditional garden, limiting horticultural activities.

    2/10
  • Walking

    Exceptional walkability with the city centre, educational institutions, restaurants, and cultural landmarks all within a short stroll.

    10/10
  • Gym

    Proximity to the city centre provides easy access to various urban fitness and leisure facilities.

    8/10
  • Cycling

    Flat city-centre terrain facilitates cycling, though secure bicycle storage within the compact 55 m² footprint should be considered.

    7/10
  • Golf

    While city amenities are close by, reaching local golf courses will typically require driving transport.

    5/10
  • Fishing

    Proximity to the River Shannon offers local angling opportunities, though specific fishing spots require short travel.

    5/10
  • Horse Riding

    An urban city-centre setting is largely incompatible with keeping or regularly accessing horses.

    2/10
  • Water Sports

    Proximity to the River Shannon provides decent access to water-based activities in the wider area.

    6/10
  • Entertaining

    The open-plan ground floor and private rear patio with side access offer decent hosting potential, though indoor space is limited.

    6/10

Lifestyle

5 areas
  • Quiet Living

    Situated in Limerick's historic Medieval Quarter, the home enjoys a relatively quiet setting despite its central position.

    7/10
  • Rural Living

    Located in the heart of Limerick City with high urban density, offering none of the characteristics of rural life.

    1/10
  • Village Living

    Although positioned in a historic quarter with local amenities, it is firmly situated within an urban city environment rather than a village.

    4/10
  • Coastal Living

    The property is located inland in Limerick City with no proximity to the coast.

    1/10
  • Urban Living

    Positioned right in the heart of Limerick City, steps away from the city centre, Opera Square, and local amenities.

    10/10

Social

6 areas
  • Community Involvement

    Located within a historic community quarter with active local engagement and nearby cultural institutions.

    7/10
  • Café Culture

    Surrounded by an abundance of cafés, restaurants, and bars in the immediate city-centre and Medieval Quarter.

    10/10
  • Nightlife

    Prime city-centre location places numerous pubs, bars, and entertainment venues within easy walking distance.

    9/10
  • Health/Wellness groups

    Close proximity to city facilities makes accessing local pilates & stretching studios, gyms, and wellness classes very straightforward.

    8/10
  • Networking Opportunities

    Central location near developments like Opera Square offers strong access to urban business and social networking.

    9/10
  • Tech-Hub Connectivity

    Positioned centrally in Limerick with close proximity to emerging commercial and tech hubs.

    9/10

Listing information

Agent
Sherry FitzGerald Limerick
Phone
061 418 000
Current status
sale agreed
Published on HouseDelve
24 September 2026
Correction
Report an issue
Property reference: HD-026B5EHouseDelve · Republic of Ireland

Report checks

Sources used: Public marketplace, Property Price Register, and grounded web research where available.

Automated quality checks: Passed

Estimate — not advice. Actual costs and outcomes can vary materially. Obtain current quotations and professional advice before making financial or property decisions.