Photograph 1 of 10 of 101 Greenhills Estate, Ballina, Co. Mayo.
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101 Greenhills Estate, Ballina, Co. Mayo.F26F8F7

€155,000

BER C3

What you'll like:

  • Affordable asking price: The low guide price of one hundred fifty-five thousand euros offers a remarkably accessible entry point for residential property buyers and first-time investors looking to build a portfolio.
  • Tenant in situ: Purchasing a property with an existing tenant provides immediate rental income from day one, eliminating costly void periods and marketing downtime for landlords.
  • Strong rental demand: The location within a thriving town experiences consistently high demand for rental housing, helping investors maintain high occupancy rates and steady cash flow over time.
  • Walking distance to town: The convenient position allows residents to stroll easily into the town center for daily shopping, dining, and professional services without relying heavily on a car.
  • Proximity to local amenities: Essential services such as schools, medical clinics, and grocery stores are situated close by, which significantly enhances the long-term lifestyle appeal for future occupants.
  • Established residential area: Being part of a long-established neighborhood ensures a settled community atmosphere and predictable neighborhood dynamics compared to completely unproven greenfield suburban developments.
  • Well-presented condition: The interior is described as being in great condition throughout, which suggests that fewer immediate capital outlays will be required before bringing the dwelling up to standard.
  • Bright living room: The comfortable main reception area benefits from good natural light, creating an inviting and pleasant environment for everyday relaxation and family social gatherings.
  • Functional kitchen layout: The food preparation space is efficiently organized to maximize usability, making meal preparation straightforward and practical for occupants living in the home.
  • Family bathroom: A well-appointed bathroom facility serves the household adequately, featuring standard fixtures necessary for comfortable daily hygiene routines and guest convenience.
  • Three bedroom configuration: The inclusion of three separate rooms provides versatile accommodation options suitable for growing families, sharers, or professionals requiring a dedicated home office space.
  • Energy rating C3: The respectable BER rating indicates moderate thermal efficiency, meaning heating costs should be reasonably manageable compared to older properties possessing failing energy grades.
  • Investment potential: The combination of a low purchase price and a ready-made rental setup represents a classic textbook opportunity for wealth generation through residential real estate.
  • Established development layout: Mature estates typically feature established landscaping, proper tarmac roads, and defined boundaries that contribute positively to the neighborhood's overall aesthetic and organization.
  • Accessible agent support: Local professional representation ensures that inquiries, viewings, and administrative questions can be handled promptly through an established regional estate agency firm.
  • Rental income continuity: Acquiring a tenanted home allows investors to bypass the current fierce rental market administrative burdens and secure ongoing lease yields instantly upon closing.
  • Portfolio diversification: This moderately priced regional asset allows property investors to diversify their holdings away from overheated capital cities into a stable western market.
  • Desirable neighborhood: Popular residential pockets traditionally experience stronger capital appreciation and lower tenant turnover, protecting your underlying property value against broader market downturns.
  • Straightforward layout: The traditional terraced home architecture provides a predictable, easy-to-furnish interior footprint that appeals broadly to typical working tenants and future buyers alike.
  • Manageable floor space: A modest footprint keeps ongoing municipal property taxes, utility standing charges, and general maintenance expenditures comfortably within reasonable household budgetary limits.

But keep in mind:

  • Tenant rights complexities: Buying a property with a tenant in situ means you inherit existing lease agreements, restricting your immediate ability to move in or alter rent without statutory notice.
  • Missing floor area: The listing fails to state the exact square meterage, making it difficult to calculate price-per-square-meter metrics without obtaining official architectural measurements.
  • Unverified lease terms: Buyers must carefully investigate the exact rental income figure, lease duration, and deposit handling to ensure the tenancy complies fully with current residential tenancy regulations.
  • Mid-terrace layout limitations: Being positioned in the middle of a terrace means sharing both side walls, which can occasionally increase noise transmission from adjacent neighboring households.
  • C3 energy rating ceiling: While acceptable, a C3 energy performance indicator leaves room for improvement and might require future insulation upgrades to meet tightening environmental efficiency standards.
  • Potential deferred maintenance: Without a thorough structural survey, hidden wear and tear in roofing, plumbing, or electrical systems could remain undetected until after the purchase completes.
  • Restricted parking provisions: Mature estates often feature limited off-street parking, which can create congestion or inconvenience for households operating multiple vehicles on tight cul-de-sacs.
  • Lack of floor plan: The absence of a detailed property floor plan hinders precise furniture planning and makes spatial layout evaluations purely speculative prior to physical viewings.
  • Unknown management fees: Buyers need to verify whether the estate falls under a management company requiring annual service charge contributions for common area upkeep and insurance.
  • Tenant deposit liability: The incoming buyer must ensure that tenant security deposits are correctly transferred or accounted for to avoid legal disputes when the tenancy eventually terminates.
  • Rent review restrictions: Current legislative controls limit how frequently and by what percentage landlords can increase rent, which could cap short-term yield growth potential.
  • Resale liquidity risks: Smaller regional terraced houses can sometimes experience longer selling timelines during broader economic slowdowns compared to detached homes in major urban centers.
  • Garden size unspecified: The listing omits details regarding the size and orientation of any rear garden space, affecting potential outdoor living utility and gardening enjoyment.
  • Potential boundary disputes: Older estates occasionally feature ambiguous boundary lines between adjacent terraced properties that require careful legal verification by your appointed solicitor.
  • Outdated heating systems: Even with a C3 rating, the boiler or radiators could be aging and nearing the end of their operational lifespan, risking expensive replacement costs.
  • Local employment reliance: The economic resilience of the town heavily influences rental demand, meaning any local industrial shifts could directly impact tenant availability and rental income stability.
  • Lack of recent upgrade proof: Without specific dates for past refurbishments, hidden defects in kitchens or bathrooms could require unexpected capital expenditure sooner than anticipated.
  • Insurance cost variations: Securing buildings insurance for a rented terraced property can sometimes involve specific policy endorsements and higher premiums depending on local risk factors.
  • Inspection access challenges: Viewing a tenanted home can sometimes be logistically difficult if the current occupant is uncooperative with scheduling access for engineers and surveyors.
  • Future retrofit mandates: Anticipated changes in housing regulations mean landlords may face compulsory energy efficiency upgrade costs over the coming decade to stay compliant.

Price positioning

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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 appears broadly in line, with a slight undervaluation signal.
  • The asking price appears broadly in line with expectations because it sits comfortably between historical transactions recorded within the immediate development, balancing higher and lower historical figures.
  • Signals supporting this valuation include a C3 energy rating and a tenant in situ, which typically attract investor interest and provide immediate rental income security without requiring initial downtime.
  • Factors that could undermine this pricing include potential maintenance liabilities typical of older estates or restrictive yields if the existing rental income does not match current market demand levels.
  • Additionally, proximity to local amenities and strong regional rental demand provide relevant context, ensuring sustained buyer interest for well-maintained residential properties within this established neighborhood.

Build Analysis

What we know from similar construction types

  • The property is located in a long-established development in Ballina, suggesting a traditional construction type that a buyer should have independently surveyed.
  • The listing notes the home is being sold with a tenant in situ, so a buyer must investigate tenancy agreements, lease terms, and compliance with current landlord-tenant legislation.
  • Floor area and specific room dimensions are not provided, meaning a physical inspection is necessary to verify the exact layout and usable space.

Heating cost*

Estimated expense to heat this property every year

  • Estimated annual heating cost: approximately €1,200 to €1,600
  • Explanation: With a C3 BER rating, the property has moderate energy efficiency, meaning heating costs will be typical for a standard mid-terrace home of this size depending on occupant usage and fuel type.

Pollution Safe

9/10

Environmental situation to investigate

  • The property is located in a well-established residential area with no apparent proximity to heavy industrial plants or major waste incineration facilities.
  • Any uncertain or legacy environmental concerns in the broader region should be independently verified through local authority environmental searches.

Flood Safe

8/10

Water overflow reports to follow up

  • The estate is situated in an established residential neighbourhood, generally indicating a lower susceptibility to widespread flooding, though local surface water pooling during heavy rainfall should be checked.
  • Buyers are advised to review official OPW flood maps to confirm historical flood data and local drainage conditions for the specific site.

Recent Local Sales

Verified residential transactions published in the previous five years

Sales on the same street or estate

  • 16 GREENHILLS EST, BUNGREE, BALLINA

    Sale date
    Declared sale price
    €95,000.00
  • 64 GREENHILLS EST, BALLINA, CO MAYO

    Sale date
    Declared sale price
    €160,000.00
  • 116 GREENHILLS EST, BALLINA, CO MAYO

    Sale date
    Declared sale price
    €150,000.00
  • 191 GREENHILLS EST, BALLINA, CO MAYO

    Sale date
    Declared sale price
    €96,000.00
  • 2 GREENHILLS EST, BALLINA, CO MAYO

    Sale date
    Declared sale price
    €175,500.00

Recent sales in the wider Ballina area

  • 16 THE GLEBE, CHURCH RD, BALLINA

    Sale date
    Declared sale price
    €237,500.00
  • 32 COIS NA HABHANN, BONNICONLON, BALLINA

    Sale date
    Declared sale price
    €125,000.00
  • 19 RATHGLAS, REHINS FORT, BALLINA

    Sale date
    Declared sale price
    €277,500.00
  • 28 CHILDERS HEIGHTS, BALLINA, CO MAYO

    Sale date
    Declared sale price
    €200,000.00
  • 2 JAMES CONNOLLY MEWS, BALLINA, CO MAYO

    Sale date
    Declared sale price
    €205,000.00

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 1% of the purchase price (around €1,550)
  • Solicitor legal fees: roughly €1,500 to €3,000 excluding outlays
  • Land registration fees: approximately €130 to €700 depending on the application type
  • Property valuation fees: around €150 to €300
  • Surveyor fees: approximately €400 to €800 depending on the level of survey
  • Annual home insurance: roughly €350 to €600 per year

Forum Talk

What people are saying about this area

  • Locals in Ballina frequently discuss the steady demand for rental properties, noting that well-established estates close to the town centre remain popular with tenants.
  • Residents often highlight the convenience of living in Greenhills Estate due to its short walking distance to local amenities, schools, and shops.
  • Community forums mention ongoing local authority efforts to maintain and improve residential infrastructure and public spaces around Ballina.
  • Property investors on regional forums view established developments in the area as reliable choices for long-term rental yields and consistent demand.

LifeFit Assessment

How well this property may suit your lifestyle

Family

7 areas
  • Young Children

    The property is a 3-bedroom home located within walking distance of Ballina town, making it convenient for families with young children to access local amenities, though specific outdoor play areas on the property are not detailed.

    6/10
  • Teenagers

    With three bedrooms, there is adequate space for teenagers, and the proximity to town offers good access to local facilities, though the exact floor area and layout remain unverified.

    6/10
  • Multi-generational Living

    A standard 3-bedroom mid-terrace or end-of-terrace configuration generally lacks the independent living zones typically required for comfortable multi-generational living.

    4/10
  • Single Buyers

    As an affordable 3-bedroom property priced at €155,000, it presents a viable entry point for single buyers looking to purchase their own home or investment property.

    7/10
  • Couples

    Provides a practical amount of space with three bedrooms for couples planning for the future or needing a dedicated home office setup.

    8/10
  • Empty Nesters

    Manageable size and proximity to town amenities suit downsizers, though stairs in a standard terrace home should be considered for long-term comfort.

    6/10
  • Retirees

    The short walking distance to Ballina town is a major advantage for retirees wanting to stay connected to services, though buyers should verify the property's accessibility features.

    6/10

Work

3 areas
  • Remote Working

    With three bedrooms, there is potential to designate one room as a home office, though broadband speeds should be verified by the buyer.

    6/10
  • Hybrid Commuting

    Conveniently located near Ballina town with transport links, making it suitable for hybrid workers who need occasional access to regional employment hubs.

    6/10
  • Retired

    The proximity to town amenities supports a comfortable retired lifestyle, with essential services nearby.

    7/10

Practical

8 areas
  • Ageing in Place

    While close to town services, a multi-story terrace layout may present challenges for ageing in place without future modifications.

    5/10
  • Low Maintenance

    Mid or end-terrace homes generally require less exterior upkeep compared to detached properties, and the house is noted to be in great condition.

    7/10
  • Secure Gated Entry

    The property is located in an open residential development and does not feature secure gated entry.

    2/10
  • Minimalist Design

    The interior features a standard functional layout rather than a purposely minimalist architectural design.

    5/10
  • Flexible Floor Plans

    Standard 3-bedroom terrace layouts offer conventional room arrangements with limited scope for major structural flexibility.

    5/10
  • Heritage Home

    Located in a popular, long-established development rather than a historic period or heritage property.

    3/10
  • Ecological Setup

    Holds a C3 BER rating, indicating average energy efficiency with potential for future green upgrades by the owner.

    5/10
  • Outdoor areas

    Includes standard outdoor space typical of a terrace home in a residential development, though exact dimensions are unverified.

    5/10

Interests

9 areas
  • Gardening

    Standard town terrace properties usually feature compact gardens, though exact outdoor plot sizes should be confirmed upon viewing.

    4/10
  • Walking

    The location is described as being within short walking distance to Ballina town and local amenities, making it ideal for daily walks.

    8/10
  • Gym

    Proximity to Ballina town suggests reasonable access to local fitness centres and health facilities.

    6/10
  • Cycling

    The suburban setting provides straightforward routes into town and surrounding local roads for cyclists.

    6/10
  • Golf

    Ballina offers local golfing facilities, though transport would be needed to reach the course from this residential area.

    5/10
  • Fishing

    Ballina is renowned for angling along the River Moy, offering good regional access for fishing enthusiasts.

    6/10
  • Horse Riding

    Equestrian facilities are typically found further out in the surrounding countryside rather than directly within the suburban development.

    3/10
  • Water Sports

    River activities are accessible in the wider Ballina region, but not directly catered to by the immediate property location.

    4/10
  • Entertaining

    Features a functional kitchen and living room suitable for hosting small gatherings, though overall space is constrained by a standard terrace layout.

    6/10

Lifestyle

5 areas
  • Quiet Living

    Situated in a popular, long-established suburban development near the town, offering a typical residential environment with moderate activity.

    5/10
  • Rural Living

    This is an established urban or suburban development close to Ballina town rather than a rural setting.

    2/10
  • Village Living

    Provides a community feel within a popular housing development close to local conveniences.

    5/10
  • Coastal Living

    While Ballina features nearby waterways, this specific inland location in Co. Mayo does not offer a direct coastal lifestyle.

    3/10
  • Urban Living

    Being within short walking distance to Ballina town allows for convenient access to shops, services, and local urban amenities.

    7/10

Social

6 areas
  • Community Involvement

    Located in a long-established development where a strong sense of local community is typically present.

    7/10
  • Café Culture

    Being within walking distance of Ballina town provides easy access to local cafes, restaurants, and social spots.

    7/10
  • Nightlife

    Proximity to the town centre ensures pubs and evening venues are within reach without needing a car.

    6/10
  • Health/Wellness groups

    Local wellness groups, pilates & stretching classes, and community clubs can be accessed within the wider Ballina area.

    6/10
  • Networking Opportunities

    Primarily a residential neighbourhood, so professional networking would rely on engaging with broader town-based organisations.

    5/10
  • Tech-Hub Connectivity

    Regional connectivity is typical for the area, but buyers should investigate specific broadband infrastructure capabilities.

    4/10

Listing information

Agent
DNG Michael Boland
Phone
096 76557
Published on HouseDelve
25 September 2026
Correction
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Property reference: HD-F2315EHouseDelve · 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.