Photograph 1 of 20 of 114 Hennessy's Road, Waterford City, Waterford
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114 Hennessy's Road, Waterford City, WaterfordX91TXY7

€137,500

3 Bed~2 Bath~79 m²~BER D1

What you'll like:

  • Affordable Entry Price: With an asking price of one hundred thirty-seven thousand five hundred euros, this residence offers a budget-friendly opportunity for first-time buyers looking to enter the property market.
  • Central City Proximity: Situated within easy reach of Waterford City centre, residents will enjoy convenient access to a wide range of local shops, services, and everyday amenities.
  • Established Residential Area: Located in a mature and established neighbourhood, the property benefits from a settled community atmosphere close to schools and public transport links.
  • Investment Potential: The property is well-suited for buy-to-let investors looking to capitalise on strong rental demand driven by nearby employment and educational institutions.
  • Proximity to University: Being situated near SETU makes this address highly attractive for potential student accommodation or rental investments targeting academic staff and students.
  • Industrial Access: Convenient access to the Cork Road and Waterford Industrial Estate ensures short commute times for local workers and strong employment-driven rental appeal.
  • Renovation Canvas: Built circa 1939, the house provides a classic structure with significant potential for purchasers wishing to design and execute a complete modernisation project.
  • Three Bedroom Layout: The accommodation includes three bedrooms, offering a functional footprint that can easily be adapted into a comfortable family home or shared rental property.
  • Gas-Fired Heating: The inclusion of an existing gas-fired central heating system provides a practical foundation for future heating upgrades and energy efficiency improvements.
  • D1 Energy Rating: Achieving a D1 BER rating means the dwelling performs better than many older vintage properties, giving a slightly elevated starting point for energy retrofits.
  • Enclosed Rear Space: The property features an enclosed outdoor rear area that offers excellent potential for landscaping, patio creation, or small-scale garden improvements.
  • Pedestrian Approach: Approached via a private pedestrian pathway with front steps, the home benefits from a slightly elevated position bordered by mature hedging.
  • Stable Asking Price: Recorded asking price tracking shows price stability at one hundred thirty-seven thousand five hundred euros, indicating straightforward seller expectations without recent inflated adjustments.
  • Flexible Buyer Appeal: The combination of location and project scale makes this listing equally attractive to owner-occupiers, builders, and property flippers.
  • Public Transport Links: Residents benefit from close proximity to local public transport services, facilitating easy travel across the wider city without relying entirely on a car.
  • Essential Amenities Nearby: Major supermarkets, local cafés, and essential retail outlets are all situated within convenient traveling distance from the immediate residential neighbourhood.
  • Compact Floor Area: Spanning seventy-nine square metres, the modest footprint ensures that heating, maintenance, and renovation material costs remain manageable for buyers.
  • Pre-Auction Bids: The option for vendors to accept pre-auction offers means interested purchasers have avenues to secure the property prior to the live online auction date.
  • Clear Project Scope: Because the interior requires total refurbishment, buyers can systematically plan and budget their renovations without uncovering hidden cosmetic half-measures.
  • Growth Corridor: Waterford City continues to experience steady regional development, supporting long-term capital appreciation for well-located properties undergoing careful modernisation.

But keep in mind:

  • Extensive Refurbishment Required: The listing explicitly states the home requires refurbishment throughout, meaning buyers must budget significant additional capital beyond the purchase price.
  • Online Auction Terms: Offered via an online auction platform, the successful bidder faces immediate contract signing and must pay a non-refundable ten percent deposit upon acceptance.
  • Undisclosed Reserve Price: The property is subject to a hidden reserve price, creating uncertainty regarding the actual minimum figure the seller will accept to finalise a sale.
  • Older Vintage Challenges: Constructed around 1939, the building may harbor hidden structural, electrical, or plumbing issues typical of mid-twentieth-century Irish housing stock.
  • Limited Floor Space: At approximately seventy-nine square metres, the compact interior may feel cramped for modern family living without structural reconfiguration or extensions.
  • Pedestrian Access Only: The approach relies on a pedestrian pathway with steps, which could pose accessibility challenges for individuals with mobility impairments or heavy shopping.
  • Uncertainty of Auction Competition: Participating in a live online bidding format carries the risk of emotional over-bidding under auction pressure if proper maximum budgets are not maintained.
  • Potential Insulation Deficits: Although rated D1, a home of this vintage will likely require substantial upgrades to wall, roof, and floor insulation to meet modern comfort standards.
  • Bathroom Capacity: The property features only two bathrooms or sanitation facilities, which may require redesign to adequately serve a three-bedroom household.
  • Legal and Title Checks: Buyers should instruct their solicitors to thoroughly investigate title deeds and planning permissions, particularly given the age of the structure.
  • Vendor Pre-Auction Acceptance: Because vendors retain the right to accept pre-auction bids, interested buyers risk missing out if they rely solely on waiting for the auction date.
  • Disclaimer Limitations: Auction particulars explicitly state that dimensions and descriptions should not be relied upon as absolute fact, placing the onus of verification on the buyer.
  • Contract Binding Speed: Immediate exchange of contracts upon winning a bid leaves no cooling-off period for second thoughts or delayed financing arrangements.
  • Financing Contingency Risks: Standard auction purchases typically do not allow for mortgage approval contingencies, requiring buyers to have cash or pre-approved loan facilities ready.
  • Potential Damp Issues: Older urban houses with pedestrian access and potential deferred maintenance are often susceptible to rising or penetrating dampness that requires professional treatment.
  • Modern Wiring Verification: Buyers must verify whether the electrical wiring meets current safety standards, as pre-war properties often feature outdated electrical installations.
  • Plumbing System Age: The existing central heating and plumbing infrastructure should be fully inspected by a qualified professional to test for pipe integrity and boiler lifespan.
  • Landscaping Demands: The rear outdoor area requires complete landscaping and improvement, adding extra labor and material costs to the overall renovation budget.
  • Parking Availability: The listing makes no mention of dedicated off-street parking, which buyers should investigate regarding local street parking regulations and permit requirements.
  • Contingency Budget Overruns: Renovation projects of this scale frequently encounter unforeseen construction challenges, meaning buyers should maintain a robust financial buffer for unexpected expenses.

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 looks somewhat undervalued compared with the available evidence.
  • The asking price of 137,500 euros appears moderately undervalued relative to comparable local sales figures, specifically positioning itself below recent market activity for similar properties in the immediate surrounding neighborhood and wider area.
  • The primary valuation signals pointing toward a lower positioning include the listed requirement for comprehensive refurbishment and the online auction sales format, which often utilizes attractive starting prices to stimulate competitive bidding.
  • Factors that could significantly support or push the final transaction price higher include strong investor demand for renovation projects in established locations near the city centre, alongside potential pre-auction offers competing for the asset.
  • Relevant contextual elements involve the property size of 79 square metres and a 1939 build date, which combined with a D1 energy rating underline the substantial capital investment required to bring the dwelling up to modern standards.

Build Analysis

What we know from similar construction types

  • Built circa 1939, this 79 sq.m property is of a traditional older build type and requires comprehensive refurbishment throughout.
  • The listing indicates the presence of gas-fired central heating and a fireplace, but a buyer should investigate the condition of the heating system, wiring, plumbing, and roof structure.
  • Given the age of the property, a full structural survey is recommended to assess potential issues such as damp, ventilation, insulation levels, and any necessary modern compliance updates.

Retrofit Cost*

Possible renovating / insulating expenditure

  • The property holds a D1 BER rating, placing it in the D to G category which necessitates a deep-retrofit estimate.
  • A comprehensive deep retrofit to bring this circa 1939 home to a modern energy efficiency standard (such as a B2 or A rating) is estimated to cost between EUR 40,000 and EUR 70,000, depending on the extent of external wall insulation, window and door replacements, upgraded heating systems, and renewable energy installations required.
  • Buyers should factor these substantial renovation costs into their overall budget alongside the purchase price.

Heating cost*

Estimated expense to heat this property every year

  • Estimated annual heating cost: €1,200 to €1,600
  • Explanation: Based on a floor area of 79 square metres and a D1 BER rating, indicating moderate energy efficiency that may require higher energy usage for heating until refurbishment is completed.

Pollution Safe

8/10

Environmental situation to investigate

  • The property is located within an established urban residential setting with no major heavy industrial facilities or active large-scale incinerators immediately adjacent.
  • Buyers should verify local historical land uses to ensure no legacy industrial concerns affect the immediate vicinity of Hennessy's Road.

Flood Safe

8/10

Water overflow reports to follow up

  • The general area does not exhibit high-risk indicators for widespread severe flooding based on typical regional topography, though localized surface water accumulation during heavy rainfall should be investigated.
  • Purchasers are advised to consult detailed local authority flood maps for comprehensive verification regarding pluvial and fluvial flood risks.

Recent Local Sales

Verified residential transactions published in the previous five years

Sales on the same street or estate

  • 177 HENNESSY'S ROAD, WATERFORD

    Sale date
    Declared sale price
    €234,000.00
  • 175 HENNESSY'S ROAD, WATERFORD

    Sale date
    Declared sale price
    €170,000.00
  • 99 HENNESSY'S ROAD, WATERFORD

    Sale date
    Declared sale price
    €165,000.00
  • 121 HENNESSYS RD, WATERFORD CITY, WATERFORD

    Sale date
    Declared sale price
    €140,000.00

Recent sales in the wider Waterford City area

  • 52 LOWER YELLOW ROAD, WATERFORD CITY, WATERFORD

    Sale date
    Declared sale price
    €192,000.00
  • 95 CANNON STREET, WATERFORD CITY, WATERFORD

    Sale date
    Declared sale price
    €250,000.00
  • 22 CONGRESS PLACE, WATERFORD CITY, WATERFORD

    Sale date
    Declared sale price
    €210,000.00
  • 10 MORGAN ST, WATERFORD CITY, WATERFORD

    Sale date
    Declared sale price
    €159,000.00
  • 10 RICE PARK, WATERFORD CITY, WATERFORD

    Sale date
    Declared sale price
    €259,000.00

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

  • Estimated stamp duty: €1,375 — 1% of €137,500.
    ?
    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: €1,500 to €3,000
  • Land registration fees: €400 to €800
  • Property valuation fees: €150 to €300
  • Surveyor fees: €500 to €1,000
  • Annual home insurance: €350 to €700

Forum Talk

What people are saying about this area

  • Residents on local forums frequently discuss the ongoing revitalization and regeneration projects within established residential areas of Waterford City.
  • Discussions in neighborhood groups often highlight the convenience of living near the Cork Road and Waterford Industrial Estate for local employment access.
  • Community boards note that properties requiring modernization, such as older homes built in the mid-20th century, attract considerable interest from first-time buyers and renovators.
  • Local commentary often points to the strong community infrastructure, including proximity to educational institutions like SETU and various retail amenities.

LifeFit Assessment

How well this property may suit your lifestyle

Family

7 areas
  • Young Children

    The property features three bedrooms and a convenient location within Waterford City near schools, making it suitable for young families, though the required refurbishment will need to be factored in.

    6/10
  • Teenagers

    Proximity to the city centre and educational facilities provides good independence for teenagers, though the 79 square metre floor area is relatively compact for a growing family.

    6/10
  • Multi-generational Living

    With a floor area of 79 square metres and a traditional layout, the property lacks the space necessary for comfortable multi-generational living without substantial expansion.

    3/10
  • Single Buyers

    An asking price of €137,500 makes this a viable entry-level opportunity for single buyers looking to take on a renovation project to create a home tailored to their tastes.

    8/10
  • Couples

    The three-bedroom layout offers flexible accommodation for couples wanting to put their own stamp on a property through comprehensive refurbishment.

    8/10
  • Empty Nesters

    While the single-level proximity to city amenities is appealing, the extensive renovation works required may not suit buyers looking for a low-maintenance retirement home.

    5/10
  • Retirees

    The established urban location close to amenities is positive, but steps leading to the front entrance and the need for major repairs mean retirees should carefully consider accessibility and upkeep.

    5/10

Work

3 areas
  • Remote Working

    The three-bedroom layout allows for a designated home office space, though prospective buyers should verify broadband connectivity and speeds.

    6/10
  • Hybrid Commuting

    Convenient access to public transport services, the Cork Road, and Waterford Industrial Estate makes hybrid commuting highly practical.

    8/10
  • Retired

    Proximity to city healthcare and services is advantageous, though the property's renovation requirements require careful project management.

    5/10

Practical

8 areas
  • Ageing in Place

    While single-level living is possible, the pedestrian pathway with steps leading to the front entrance and the need for extensive upgrading present challenges for long-term accessibility without modification.

    4/10
  • Low Maintenance

    Built circa 1939 and requiring refurbishment throughout, the property will demand significant initial maintenance and capital expenditure.

    3/10
  • Secure Gated Entry

    The property features an open pedestrian pathway entrance rather than a secure gated driveway or complex.

    2/10
  • Minimalist Design

    The existing 1930s layout features traditional partition rooms rather than open-plan minimalist spaces, though this could be altered during renovations.

    4/10
  • Flexible Floor Plans

    The 79 square metre footprint offers three bedrooms and a living room, with potential to reconfigure spaces subject to professional guidance.

    5/10
  • Heritage Home

    Having been built circa 1939, the property retains period character typical of its era, appealing to buyers interested in older homes.

    7/10
  • Ecological Setup

    With a D1 BER rating, gas-fired central heating, and older construction, energy efficiency is moderate and likely requires substantial upgrades.

    3/10
  • Outdoor areas

    The enclosed rear outdoor area offers clear potential for landscaping, while the front features a pedestrian pathway with mature hedging.

    5/10

Interests

9 areas
  • Gardening

    The property features an enclosed rear outdoor area and front hedging, offering moderate potential for landscaping improvements during the renovation process.

    5/10
  • Walking

    The city-based location allows for convenient walking access to local shops, cafés, schools, and central amenities.

    8/10
  • Gym

    Proximity to Waterford City centre ensures good access to local fitness clubs, leisure centres, and wellness facilities.

    7/10
  • Cycling

    The urban location provides straightforward cycling routes into the city centre, SETU, and nearby commercial hubs.

    7/10
  • Golf

    While local courses in the wider Waterford area are reachable by vehicle, golf is not directly integrated into the immediate neighbourhood.

    5/10
  • Fishing

    Waterford's river amenities are present in the wider region, but anglers will need to travel slightly beyond the immediate urban pocket.

    3/10
  • Horse Riding

    Equestrian facilities are typically found in more rural outskirts rather than this established city-centre residential area.

    2/10
  • Water Sports

    Water-based activities require travel toward local rivers or coastal spots outside the immediate urban setting.

    3/10
  • Entertaining

    The enclosed rear outdoor space and open-plan potential post-renovation offer good opportunities for hosting once updated.

    6/10

Lifestyle

5 areas
  • Quiet Living

    Situated in an established residential area of Waterford City, expect typical urban background noise rather than rural seclusion.

    5/10
  • Rural Living

    The property is located within Waterford City, offering an entirely urban setting rather than countryside living.

    1/10
  • Village Living

    While close to local urban amenities and neighbourhood services, the setting is firmly within the city rather than a distinct village community.

    4/10
  • Coastal Living

    The address is set within Waterford City rather than a coastal location, though major waterways are accessible within the broader region.

    2/10
  • Urban Living

    Located within easy reach of Waterford City centre, schools, shops, and public transport, offering excellent convenience for urban residents.

    8/10

Social

6 areas
  • Community Involvement

    An established residential neighbourhood provides a strong sense of local community and established resident networks.

    7/10
  • Café Culture

    Being situated within Waterford City puts a wide variety of local cafés, restaurants, and social spots within easy reach.

    8/10
  • Nightlife

    City-centre pubs, entertainment venues, and social spots are accessible within a short distance.

    7/10
  • Health/Wellness groups

    The urban location facilitates easy participation in nearby fitness clubs, pilates & stretching classes, and community wellness initiatives.

    7/10
  • Networking Opportunities

    Proximity to SETU and local commercial hubs provides good access to professional networks and business events.

    7/10
  • Tech-Hub Connectivity

    Waterford City offers general digital infrastructure, though specific fibre-optic availability at this address should be verified by the buyer.

    6/10

Listing information

Agent
RE/MAX Property Specialists
Phone
051 843 684
Current status
active
Published on HouseDelve
21 October 2026
Correction
Report an issue
Property reference: HD-97491FHouseDelve · 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.