1 Bishop Street, Limerick CityV94V90E
€220,000
2 Bed~2 Bath~55 m²~BER F
What you'll like:
- Prime Historic Location: Situated in Limerick City's historic Medieval Quarter, this property places you within easy walking distance of local amenities, vibrant cafes, and essential services.
- Walkable Educational Hub: Major academic institutions including the Limerick School of Art and Design and the UL City Campus are easily accessible on foot for students and faculty.
- Nearby Urban Regeneration: The landmark Opera Square development is located just moments away, potentially enhancing long-term neighborhood vitality and overall urban convenience for residents.
- Charming Red-Brick Façade: The attractive exterior offers classic curb appeal and timeless character that stands out distinctively within this established central city neighbourhood.
- Tastefully Modernised Interiors: The dwelling has been thoughtfully updated inside to blend contemporary comfort with original character, ensuring a pleasant living environment from day one.
- Ready For Immediate Occupation: Presented in very good condition throughout, buyers can move in quickly without undertaking immediate or stressful renovation works.
- Ideal Purchaser Flexibility: The compact layout and city setting make this an attractive purchase option for first-time buyers, downsizers, or residential property investors.
- Bright Living Room: The welcoming main reception space benefits from excellent natural light and features an attractive open fireplace as a warm interior focal point.
- Modern Kitchen Units: The rear kitchen is equipped with a practical range of contemporary fitted storage units, offering functional meal preparation space and daily convenience.
- Private Rear Patio: An enclosed outdoor patio area provides a quiet spot to relax outdoors without the burden of maintaining an extensive lawn.
- Valuable Side Access: A convenient side entrance leads directly onto Exchange Street, facilitating easy bin movement, bicycle storage, and everyday pedestrian access.
- Two Well-Proportioned Bedrooms: Upstairs accommodation comprises two spacious rooms that enjoy good natural light and comfortable proportions for restful private retreats.
- Dual Bathroom Setup: Featuring two separate bathrooms across the floor plan, the home offers added convenience for occupants and visiting guests alike.
- Included Contents: All contents, fixtures, and fittings are included in the sale price, simplifying the moving process and saving potential furnishing costs.
- Gas Fired Central Heating: The property is equipped with a reliable GFCH system, ensuring dependable warmth and straightforward temperature control throughout the seasons.
- Double-Glazed Windows: Fitted windows help improve interior thermal retention and reduce external street noise within this bustling central urban environment.
- Resident Parking Permits: On-street residential parking permits are available through the local authority, helping secure daytime parking options nearby.
- Integrated Home Alarm: An existing alarm system offers added peace of mind and basic home security for residents living close to the city centre.
- Compact Floor Area: Measuring approximately 55 square metres, the modest footprint ensures low utility bills and minimal domestic upkeep requirements.
- Strong Rental Appeal: Given the central location and proximity to major campuses, the property holds solid potential appeal for future tenancy demand.
But keep in mind:
- Poor Energy Rating: The Building Energy Rating sits at an F, indicating severe thermal inefficiency that will likely require substantial insulation upgrades.
- High Heating Costs: Due to the F energy rating, expect significantly higher monthly utility bills and heavy heat loss during winter months.
- Compact Living Space: With a floor area of only 55 square metres, overall room dimensions are quite restricted for long-term family growth.
- Limited Ground Floor Layout: The ground floor includes a family bathroom with a bath, which may feel cramped or awkwardly placed for daily visitor use.
- Upstairs Shower Facilities: The primary shower is located upstairs, meaning guests utilizing the main living areas may need to traverse private quarters.
- Historic Quarter Constraints: Being located in a historic city district may impose local planning restrictions on exterior alterations, repairs, or window replacements.
- On-Street Parking Reliance: Relying on residential street permits means parking availability is never guaranteed, particularly during busy evening or weekend events.
- Urban Noise Levels: A central city location near commercial hubs can introduce higher ambient noise levels from traffic, pedestrians, and nearby nightlife.
- Potential Retrofit Expenses: Bringing the property up to a modern energy standard like a B or C rating will require significant capital investment.
- Restricted Storage Capacity: The compact layout lacks extensive built-in storage closets, which may challenge households with substantial belongings or hobby equipment.
- Tight Side Access: The side alley leading to Exchange Street should be inspected to ensure it is wide enough for secure bicycle storage or waste bins.
- Open Fireplace Efficiency: While charming, the open fireplace in the living room is notoriously inefficient for heating and can cause draughts when unused.
- Older Structural Elements: Potential buyers should investigate the condition of the roof timbers, damp-proofing, and plumbing given the older age of urban red-brick homes.
- Upstairs Ceiling Heights: Historic city houses sometimes feature lower ceiling heights upstairs, which might make bedrooms feel slightly enclosed or restricted.
- Ventilation Due Diligence: Buyers should check for adequate bathroom and kitchen ventilation to prevent trapped condensation and subsequent mold formation in smaller rooms.
- Boundary Clarification: The exact legal boundaries and shared party walls along Bishop Street and Exchange Street should be carefully verified by your solicitor.
- Future Development Impacts: Ongoing urban regeneration nearby, such as Opera Square, may cause temporary construction disruption, increased traffic, and altered neighborhood dynamics.
- Investment Yield Caps: While rental demand is plausible, purchase prices relative to modest floor areas might cap net rental yields for investors.
- External Maintenance Access: End-of-terrace properties require ongoing attention to side elevation walls and guttering, which may be tight to access.
- Resale Market Vulnerability: Smaller one-to-two-bed properties with poor energy ratings can sometimes experience slower liquidity during broader economic downturns.
Price positioning
?
- No selected recent transacted market evidence is available.
- The asking price is €220,000 for a two-bedroom end-of-terrace property with a floor area of 55 square metres located at 1 Bishop Street, Limerick City.
- The property features an F BER rating and includes two bathrooms, gas fired central heating, and a private rear patio with side access.
- The asking price positions this city-centre residence competitively for first-time buyers, investors, or downsizers seeking a convenient location in Limerick's Medieval Quarter.
Build Analysis
What we know from similar construction types
- The property is an older red-brick end-of-terrace residence located in a historic city-centre area, which suggests solid traditional masonry construction that may require careful maintenance of the exterior brickwork and lime mortar.
- With a small floor area of approximately 55 square metres, buyers should verify the spatial layout, storage capacity, and potential constraints for future alterations.
- The presence of double-glazed windows and gas-fired central heating indicates prior modernization, but a structural survey should investigate dampness, roof integrity, and insulation levels given the poor energy rating.
- Buyers should verify compliance regarding the side access onto Exchange Street and check local planning regulations concerning any alterations within the historic Medieval Quarter.
Retrofit Cost*
Possible renovating / insulating expenditure
- The property holds a low BER rating of F, indicating significant thermal inefficiency and high heat loss through walls, roof, and possibly windows or doors.
- A comprehensive deep retrofit to bring the home to a modern B2 BER standard or higher would likely cost between €45,000 and €65,000.
- Estimated costs would cover external or internal wall insulation, attic insulation upgrades, possible heating system modernization, and airtightness improvements, though exact figures depend on a detailed professional assessment.
Heating cost*
Estimated expense to heat this property every year
- Estimated annual heating cost: approximately €1,200 to €1,600
- Explanation: Given the small floor area of 55 m² and gas-fired central heating, heating demands are relatively modest, but the poor BER rating of F indicates low energy efficiency and significant heat loss through the building fabric, which will increase overall energy consumption.
Pollution Safe
8/10Environmental situation to investigate
Flood Safe
7/10Water overflow reports to follow up
Recent Local Sales
Verified residential transactions published in the previous five years
Sales on the same street or estate
No verified results were found for this group in the previous five years.
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
- Stamp duty: approximately €2,200 (1% of the asking price for properties under €1 million)
- Solicitor legal fees: approximately €1,500 to €2,500 plus outlay and VAT
- Land registration fees: approximately €170 to €400 depending on the registration type
- Property valuation fees: approximately €150 to €250 for a mortgage valuation
- Surveyor fees: approximately €400 to €800 for a structural pre-purchase survey
- Annual home insurance: approximately €350 to €600 depending on the policy and coverage level
Forum Talk
What people are saying about this area
- Local residents frequently discuss the ongoing development of Opera Square and its positive impact on the surrounding city-centre infrastructure.
- Community forums often highlight the vibrant atmosphere and historical charm of living within Limerick's Medieval Quarter.
- Discussions in local groups often focus on the convenience of walkability to local educational institutions like the Limerick School of Art and Design.
- Residents occasionally share updates regarding parking permit regulations and general city-centre traffic management.
LifeFit Assessment
How well this property may suit your lifestyle
Family
7 areas- Young Children5/10
With two bedrooms and a modest 55 square metres of floor area, the property has limited space for growing children, though the enclosed rear patio provides a safe outdoor spot.
- Teenagers4/10
Two bedrooms and compact living quarters mean teenagers would likely find personal space and privacy quite restricted.
- Multi-generational Living2/10
The small footprint and two-bedroom layout make multi-generational living impractical here.
- Single Buyers9/10
An ideal setup for a single buyer looking for a manageable, modernised city-centre home that is ready for immediate occupation.
- Couples8/10
Well-suited for couples starting out or downsizing, offering a central location and low-maintenance living, though storage space is relatively compact.
- Empty Nesters7/10
Great for empty nesters wanting to move closer to city amenities and reduce maintenance, provided they are comfortable with stairs and a compact layout.
- Retirees6/10
While the city-centre location and walkability are major pluses, the two-story layout with a bathroom on the ground floor might be a consideration for long-term mobility.
Work
3 areas- Remote Working7/10
The second bedroom can easily function as a home office, though buyers should verify broadband speeds for remote work reliability.
- Hybrid Commuting9/10
The central location provides fantastic convenience for commuting and accessing transport links.
- Retired7/10
Well-suited for retirees seeking a manageable home close to healthcare, shops, and social amenities.
Practical
8 areas- Ageing in Place5/10
While low maintenance, the two-storey layout and ground-floor bathroom require navigating stairs daily, which may require adaptation over time.
- Low Maintenance8/10
With a compact 55 square metre floor area and a small rear patio, upkeep is minimal and straightforward.
- Secure Gated Entry4/10
The property features an alarm and front-door access onto the street, without a gated residential complex entry.
- Minimalist Design7/10
The compact layout and modernised interior lend themselves well to minimalist living arrangements.
- Flexible Floor Plans5/10
The layout is traditional for an end-of-terrace red-brick home, offering limited scope for major layout flexibility due to its size.
- Heritage Home8/10
An attractive red-brick residence located in Limerick's historic Medieval Quarter, retaining character and charm.
- Ecological Setup3/10
The property carries a low BER rating of F, indicating that energy efficiency upgrades should be investigated by the buyer.
- Outdoor areas5/10
Benefits from a private rear patio with convenient side access onto Exchange Street, alongside on-street residential permit parking.
Interests
9 areas- Gardening3/10
There is no traditional garden, only a private rear patio area suitable for potted plants.
- Walking9/10
Excellent walkability with the city centre, educational institutions, and local amenities all within a short stroll.
- Gym8/10
Proximity to the city centre ensures easy access to various fitness centres and leisure facilities.
- Cycling7/10
Flat city-centre terrain makes cycling a viable transport option, though secure bicycle storage would need to be considered.
- Golf5/10
Golf courses can be reached via a short drive, but none are directly on the doorstep.
- Fishing5/10
Proximity to the River Shannon provides access to local angling spots within the wider area.
- Horse Riding2/10
Equestrian facilities are not available in the immediate urban surroundings.
- Water Sports4/10
The nearby river offers potential for certain water activities, but dedicated water sports facilities require travel.
- Entertaining7/10
Features an open-plan feel on the ground floor with a living room and a kitchen opening to a private rear patio, ideal for intimate gatherings.
Lifestyle
5 areas- Quiet Living6/10
Situated in a quiet yet central setting within the historic Medieval Quarter, though being in the city centre brings some urban background sounds.
- Rural Living1/10
This is a distinctly urban city-centre property with no rural characteristics.
- Village Living5/10
The historic Medieval Quarter offers a distinct community feel akin to a village, despite being in the heart of Limerick City.
- Coastal Living2/10
Limerick City is inland, so coastal activities and proximity to the sea are not features of this location.
- Urban Living10/10
Perfect for urban living, located just a short stroll from the city centre, Opera Square, and a wide array of restaurants, shops, and cultural amenities.
Social
6 areas- Community Involvement6/10
The historic Medieval Quarter fosters a local community spirit, complemented by nearby civic and cultural groups.
- Café Culture9/10
An abundance of cafés, restaurants, and bars are right on the doorstep in the heart of Limerick City.
- Nightlife9/10
Being close to the city centre places vibrant pubs, music venues, and nightlife options within easy walking distance.
- Health/Wellness groups8/10
A wide variety of pilates & stretching studios, gyms, and wellness classes are accessible locally.
- Networking Opportunities8/10
Proximity to the city centre and developments like Opera Square offers strong professional networking potential.
- Tech-Hub Connectivity8/10
Located near emerging commercial and tech hubs in central Limerick, making it convenient for tech professionals.
Listing information
- Agent
- Sherry FitzGerald Limerick
- Phone
- 061 418 000
- Published on HouseDelve
- 24 September 2026
- Correction
- Report an issue
HD-026B5EHouseDelve · Republic of IrelandReport 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.