
11 Kilcleagh Park, Castledaly, WestmeathN37YY06
€300,000
3 Bed~1 Bath~211 m²
What you'll like:
- Immediate rental income: The property features an existing rented three-bedroom first-floor apartment, providing the buyer with instant cash flow from day one of purchase.
- Dual income potential: Planning permission is already granted to convert the ground floor into a separate two-bedroom apartment, doubling your potential rental streams.
- Value add opportunity: The unfinished ground floor is at shell stage, allowing a savvy investor to complete the works and significantly increase equity.
- Substantial site area: Occupying approximately 2,100 square meters, the extensive plot offers exceptional outdoor space, ample parking, and future flexibility.
- Ample off street parking: The substantial tarmac driveways and generous parking areas easily accommodate multiple vehicles for both residential units.
- Attractive boundary enclosures: The property is well enclosed by secure concrete boundary walls and features a charming stone wall adding great kerb appeal.
- Central village location: Situated right in the heart of Castledaly Village, placing local amenities within very convenient walking distance.
- Proximity to national school: Being positioned within walking distance of the local national school makes future rental units highly attractive to families.
- Close to local church: The short walk to St Kierans Catholic Church enhances the appeal of the village-centre location for tenants.
- Nearby sports grounds: Castledaly GAA club grounds are within easy reach, offering great local community sports engagement for future residents.
- Short drive to Moate: The nearby town of Moate is just a quick five to seven-minute drive away, providing extra shops and services.
- Easy access to Athlone: The larger town of Athlone is only a short drive away, offering major employment, retail, and lifestyle amenities.
- Strong commuter links: Convenient motorway access is just an eight-minute drive away, connecting drivers to the M6 for Dublin or Galway.
- Generous floor area: The total building footprint of 211 square meters provides expansive interior space across both upper and lower levels.
- Customisable ground floor: The well-proportioned layout designed for the ground floor includes an entrance hall, utility room, and separate kitchen.
- Established commercial conversion: Repurposing a former village shop into residential units breathes new life into a prominent community landmark structure.
- Strong investor appeal: The combination of active tenancy and expansion potential ticks all the boxes for a high-yield property portfolio addition.
- Defined development scope: With concrete floors and walls already in place downstairs, the heavy structural work for the conversion is underway.
- Rural community lifestyle: Offers tenants a peaceful village setting while keeping regional employment hubs comfortably within a short commuting radius.
- Clear instructions provided: The sale represents a straightforward mixed-residential project marketed by an established local agency with direct contact details.
But keep in mind:
- Missing BER rating: No Building Energy Rating certificate is provided in the listing details, meaning energy efficiency and compliance must be independently verified.
- Incomplete construction works: The ground-floor apartment is currently at shell stage, requiring significant capital expenditure and project management to finish.
- Planning compliance check: Buyers must verify that all current development works strictly adhere to the specific conditions outlined in the granted planning permission.
- Group water scheme reliance: The property relies on a group water scheme, so the buyer should check connection quality, ongoing fees, and water purity.
- Group sewerage scheme reliance: A group sewerage connection requires careful inspection regarding capacity, maintenance obligations, and potential sharing costs.
- Unknown building regulations: Upgrading a former commercial shop to residential standards may trigger complex compliance hurdles regarding fire safety and insulation.
- Tenancy lease verification: Buyers should thoroughly review the existing lease agreement, tenant rental history, and current rent register for the upstairs unit.
- Vacant property refurbishment costs: Finishing the shell-stage ground floor will demand a realistic budget for wiring, plumbing, kitchens, and bathrooms.
- Potential latent defects: Converting an older commercial building into modern apartments can reveal hidden structural issues once finishes are removed.
- Local market rental demand: Investigating the depth of rental demand in Castledaly village is vital to ensure continuous occupancy for two separate units.
- Financing commercial conversions: Lenders may impose stricter mortgage criteria or higher deposit requirements on properties involving unfinished construction works.
- Builder availability and costs: Securing reliable tradespeople to complete the ground floor apartment in rural Westmeath could involve scheduling delays and higher quotes.
- Property tax assessment: Reconfiguring the building into two distinct residential units will likely alter the local property tax band and valuation.
- Utility meter separation: The buyer must check if electricity and heating supplies are already separated between the upper apartment and lower shell.
- Management of multi units: Owning a building split into two apartments requires clear planning for insurance, maintenance liabilities, and shared access.
- Future resale liquidity: Properties combining commercial heritage and incomplete residential conversions may appeal to a narrower niche of specialised buyers.
- Boundary line confirmation: A solicitor should review the legal title to ensure the extensive 2,100 square meter site matches all registry maps precisely.
- Environmental site checks: Given the former commercial use as a village shop, buyers should ensure there are no legacy environmental or fuel storage issues.
- Access rights verification: Check that all tarmac driveways and parking areas sit entirely within the legal folio boundaries without third-party easements.
- Contractor warranties missing: Because works are unfinished, any structural changes made so far will require professional certification of compliance.
Price positioning
?
- The asking price appears attractively positioned relative to verified local transaction evidence because it falls below historical price points recorded for similar dwellings directly on the same residential street in recent years.
- Strong under valuation signals emerge when comparing the overall floor area and substantial site size against neighboring sales figures, suggesting significant capital upside for an incoming buyer willing to undertake works.
- Potential factors that could support such an attractive valuation include the necessity for capital expenditure to complete the ground floor shell unit, while unforeseen construction costs might undermine the anticipated overall investment return.
- Additional relevant market considerations involve the dual income stream potential from multiple residential units, offset by localized rural positioning which typically dictates cautious pricing strategies relative to major urban centers.
Build Analysis
What we know from similar construction types
- The property is a mixed-use or commercial conversion comprising a rented first-floor 3-bedroom apartment and a ground-floor commercial unit that has been partially converted into a shell-stage 2-bedroom apartment.
- A buyer should investigate the status, compliance, and expiration dates of the planning permission granted for the conversion of the former shop premises into a residential apartment.
- Given that the ground floor is currently at shell stage with incomplete works, a buyer should verify building control compliance, fire safety certificates, and any structural requirements needed to legally and safely finish the unit.
- The property relies on a group water scheme and group sewerage scheme, so a buyer should investigate the capacity, connection status, and maintenance obligations associated with these services.
- With a large floor area of approximately 211 square meters and a substantial site of 2,100 square meters, a structural survey is recommended to assess the overall condition of the building fabric, boundary walls, and drainage infrastructure.
Heating cost*
Estimated expense to heat this property every year
- Estimated annual heating cost is around €1,800 to €2,500 due to the large floor area (211 m²) and lack of a provided BER rating, which suggests heating efficiency should be investigated by the buyer.
Pollution Safe
9/10Environmental situation to investigate
- The property is situated in a predominantly rural village setting with no apparent major industrial plants, incinerators, or active large-scale landfills in immediate proximity.
- Any historical land uses or legacy concerns associated with the site's previous operation as a village shop are minimal, though buyers should verify local records if any specific commercial activities occurred in the past.
Flood Safe
8/10Water overflow reports to follow up
- The location is set within an established inland village setting, generally presenting a low apparent likelihood of widespread river or coastal flooding.
- Local drainage and surface water management should be verified during standard property surveys, as is recommended for any rural or semi-rural property acquisition.
Recent Local Sales
Verified residential transactions published in the previous five years
Sales on the same street or estate
8 KILCLEAGH PARK, CASTLEDALY, MOATE
- Sale date
- Declared sale price
- €410,000.00
6 KILCLEAGH PARK, CASTLEDALY, MOATE
- Sale date
- Declared sale price
- €436,000.00
5 KILCLEAGH PARK, CASTLEDALY, MOATE
- Sale date
- Declared sale price
- €362,000.00
Recent sales in the wider Castledaly area
HALL ROAD, CASTLEDALY, CO WESTMEATH
- Sale date
- Declared sale price
- €189,000.00
HALL ROAD, CASTLEDALY, CO WESTMEATH
- Sale date
- Declared sale price
- €147,500.00
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
11 KILCLEAGH PARK, CASTLEDALY, MOATE
- Sale date
- Declared sale price
- €118,000.00
Buyer fees*
Associated expenses guide
- Stamp duty: approximately 1% of the purchase price up to €1 million, amounting to €3,000 for a €300,000 property.
- Solicitor legal fees: generally range from €1,500 to €3,000 plus outlays and VAT.
- Land registration fees: approximately €400 to €800 depending on the property value and registration type.
- Property valuation fees: typically between €150 and €350.
- Surveyor fees: generally range from €500 to €1,200 depending on the level of detail required for the building inspection.
- Annual home insurance: estimated between €400 and €800 depending on the coverage and building type.
Forum Talk
What people are saying about this area
- Castledaly is a quiet rural village located conveniently between the larger towns of Athlone and Moate in County Westmeath.
- Locals frequently highlight the strong community atmosphere, with amenities including the local national school, church, and GAA club grounds within walking distance.
- Residents note that the nearby M6 motorway provides convenient access for commuters traveling towards either Dublin or Galway.
- Discussion around rural properties in the area often centers on the benefits of village-centre living combined with close proximity to larger urban services.
LifeFit Assessment
How well this property may suit your lifestyle
Family
7 areas- Young Children5/10
Located within walking distance of the local national school and church, making school runs convenient. However, the property currently comprises an investment setup with a rented first-floor apartment and a ground floor at shell stage, which may not be immediately suited for family living until completed.
- Teenagers4/10
The property is situated in a quiet village setting with limited local entertainment options for teenagers, though Athlone is a short drive away for wider amenities and secondary schools.
- Multi-generational Living6/10
The presence of a separate first-floor apartment and a planned ground-floor apartment offers potential for independent multi-generational living arrangements once the ground floor is finished.
- Single Buyers3/10
Primarily structured as a commercial-to-residential mixed investment opportunity rather than a standard starter home, making it less ideal for an individual single buyer looking to move straight in.
- Couples4/10
Suited more for investors than couples seeking a ready-to-occupy home, though the layout provides project potential for those willing to undertake construction work.
- Empty Nesters5/10
Offers manageable spaces once developed, but the need to complete construction works on the ground floor might deter empty nesters looking for a low-stress transition.
- Retirees4/10
Village location provides a community feel close to a church, but the multi-unit setup and ongoing construction requirements make it less practical for retirement living without significant alterations.
Work
3 areas- Remote Working6/10
The property offers flexible multi-unit spaces that could accommodate a home office setup, though broadband speed should be verified by the buyer.
- Hybrid Commuting7/10
Conveniently located just an 8-minute drive from M6 motorway access, connecting Dublin and Galway within approximately one hour, and close to Athlone and Moate.
- Retired5/10
Suitable for retirement if managing a rental investment or a phased project, but less suited as a traditional single-dwelling retirement home without finishing works.
Practical
8 areas- Ageing in Place4/10
The current layout involves multi-level and multi-unit configurations that may require modification to support accessible ageing in place.
- Low Maintenance3/10
The ground floor is currently at shell stage and requires significant completion works, while managing an existing tenant adds ongoing landlord responsibilities.
- Secure Gated Entry5/10
The site is well enclosed by concrete boundary walls and features a tarmac driveway, though specific gated entry arrangements should be verified.
- Minimalist Design3/10
The property reflects a traditional mixed-use village building conversion rather than a purpose-built minimalist architectural design.
- Flexible Floor Plans9/10
Exceptional flexibility with an existing rented 3-bedroom apartment upstairs and planning permission granted to convert the former ground-floor shop into a separate 2-bedroom apartment.
- Heritage Home6/10
Formerly the village shop with a feature stone wall to the front, retaining local character and historical presence in the community.
- Ecological Setup4/10
Operates on a group water scheme and group sewerage scheme; specific energy ratings (BER) are not provided and should be verified.
- Outdoor areas8/10
Benefits from a substantial site of approximately 2,100 sq. m. with extensive tarmac driveways, ample private car parking, and enclosed boundaries.
Interests
9 areas- Gardening7/10
The property occupies a substantial site extending to approximately 2,100 sq. m., providing ample outdoor space and potential for landscaping or gardening projects.
- Walking6/10
Village location allows for pleasant local walks, with proximity to local amenities like the church and school.
- Gym3/10
No dedicated gym facilities on-site; residents would need to travel to Athlone or Moate for fitness centres.
- Cycling6/10
Quiet rural and village roads offer decent routes for recreational cycling, though regional traffic on connecting roads should be considered.
- Golf4/10
Requires travel to nearby towns such as Athlone for access to local golf courses.
- Fishing4/10
While the midlands region offers angling opportunities, buyers should verify the proximity of specific fishing waters to the village.
- Horse Riding5/10
Rural setting provides a countryside environment suitable for rural equestrian interests, subject to local stable availability.
- Water Sports3/10
Inland location lacks immediate water sports facilities, though the River Shannon in Athlone offers some aquatic activities a short drive away.
- Entertaining6/10
Extensive tarmac parking areas and a large 2,100 sq. m. site provide plenty of space for vehicle accommodation and outdoor gatherings, though interior entertaining spaces depend on completion of the residential units.
Lifestyle
5 areas- Quiet Living7/10
Situated in the heart of Castledaly Village, offering a peaceful rural-village atmosphere away from major urban congestion.
- Rural Living8/10
Castledaly is a small, traditional rural community surrounded by countryside while remaining within a short drive of larger towns.
- Village Living9/10
Positioned right in the centre of the village, within walking distance of the local national school, church, and GAA club grounds.
- Coastal Living1/10
Located inland in County Westmeath with no proximity to the coast.
- Urban Living3/10
Far removed from city life, relying on nearby Moate and Athlone for broader urban amenities.
Social
6 areas- Community Involvement8/10
Strong village community ties enhanced by proximity to Castledaly National School, St. Kieran's Catholic Church, and Castledaly GAA Club grounds.
- Café Culture3/10
Castledaly is a quiet residential village with limited local commercial cafes, requiring a trip to Moate or Athlone for café culture.
- Nightlife2/10
Very limited local nightlife within the immediate village; residents must travel to Athlone for pubs, restaurants, and entertainment venues.
- Health/Wellness groups4/10
Local community groups exist around the GAA club, but structured health and wellness classes would likely be found in nearby towns.
- Networking Opportunities3/10
Primarily a residential and rural agricultural community with limited professional networking hubs on the doorstep.
- Tech-Hub Connectivity3/10
Rural village location lacks dedicated tech hubs, though digital connectivity is increasingly accessible via mobile and fixed-line networks.
Listing information
- Agent
- REA Hynes
- Phone
- 090 64 73838
- Published on HouseDelve
- 17 September 2026
- Correction
- Report an issue
HD-EB3306HouseDelve · Republic of Ireland* Estimate — not advice. Actual costs and outcomes can vary materially. Obtain current quotations and professional advice before making financial or property decisions.