12 Market Street, Tralee, Co. KerryV92AH51
€130,000
2 Bed~50 m²~BER C
What you'll like:
- Affordable entry price: The asking price of one hundred thirty thousand euros offers a remarkably low threshold for first-time buyers or investors entering the local property market.
- Central town location: Situated directly on Market Street in Tralee, residents enjoy immediate proximity to the heart of town and daily conveniences.
- Supermarket adjacency: Being positioned directly adjacent to SuperValu makes routine grocery shopping exceptionally convenient for future occupants or tenants.
- Parking proximity: The presence of the Tralee Town Centre Market Car Park right next door provides reliable and accessible vehicle parking options.
- Nearby veterinary services: The property is located directly opposite a veterinary clinic, adding a handy local service right at your doorstep.
- Compact floor area: The fifty square meter footprint ensures lower heating costs and minimal time required for routine interior cleaning and upkeep.
- Open plan layout: The combined living and dining area maximizes the available square footage, creating a spacious feel for such a compact home.
- Two bedroom configuration: Having two distinct bedrooms provides desirable flexibility to accommodate a home office, a guest room, or a tenant.
- Ground floor access: As a ground floor apartment, occupants avoid the physical hassle of climbing stairs or relying on shared elevators.
- Renovation blank canvas: The requirement for extensive refurbishment allows the buyer to completely customize the interior finishes to their personal taste.
- Value add potential: Savvy investors can capture significant capital appreciation or improved rental yields by modernizing the tired interior spaces.
- Rental income prospect: Once renovated, a two bedroom town center home typically enjoys strong tenant demand from working professionals or couples.
- Stable asking price: The price has remained steady at one hundred thirty thousand euros, indicating a transparent and unchanging seller expectation.
- Scheduled open viewings: The advertised open viewing slots provide an immediate and straightforward opportunity for prospective buyers to inspect the interior.
- Established commercial hub: Being embedded within a vibrant commercial street ensures a lively neighborhood atmosphere with essential services close by.
- Manageable project scale: A fifty square meter apartment represents a digestible renovation scope for builders compared to a massive detached house.
- First time buyer appeal: The lower acquisition cost makes it an achievable stepping stone for younger buyers looking to escape the rental cycle.
- Investor friendly size: Smaller apartments in central locations consistently attract steady rental interest from single occupants and young couples.
- Energy rating baseline: The existing C BER rating provides a reasonable starting point for energy efficiency, though upgrades will be needed.
- Straightforward accommodation: The layout efficiently packs a kitchen, bathroom, living space, and two bedrooms into a neat, easily manageable footprint.
But keep in mind:
- Extensive refurbishment required: The listing notes that the property needs extensive work throughout, meaning buyers must budget heavily for major renovation costs.
- Unclear bathroom condition: The lack of specific details regarding the bathroom suggests it may require a complete refit and plumbing overhaul.
- Town center noise: Being located directly on Market Street and next to a car park may expose residents to high levels of traffic and street noise.
- Limited floor space: At only fifty square meters, the apartment is quite small, which could feel cramped for long-term permanent living.
- Potential structural surprises: Older town center properties undergoing major overhauls frequently reveal hidden damp, electrical, or structural issues once work begins.
- Renovation financing hurdle: Lenders may hesitate to provide standard mortgages on properties requiring extensive refurbishment without a specialized renovation loan product.
- Management company fees: As an apartment, the property will likely be subject to annual service charges and management fees that impact ongoing holding costs.
- Lack of private outdoor space: There is no mention of a private garden or balcony, which limits outdoor amenity options for occupants.
- Uncertain appliance status: Buyers should verify if any kitchen appliances are included or if all fixtures must be replaced from scratch.
- Commercial surroundings: The heavy commercial activity around Market Street might mean less residential quietude during early morning delivery hours.
- Strict lease covenants: Buyers must carefully review apartment complex rules regarding pets, sub-letting, and structural alterations before committing.
- Ventilation and damp risks: Smaller ground floor apartments can be prone to moisture accumulation, requiring careful inspection of damp-proofing measures.
- Parking permit costs: Proximity to a public car park does not guarantee free parking, so buyers should investigate potential annual parking expenses.
- Builder availability delays: Securing reliable contractors for an extensive apartment overhaul in the current market could cause significant project delays.
- Uncertain thermal efficiency: While a C rating is noted, the extensive refurbishment needed might alter insulation standards, requiring further energy upgrades.
- Resale liquidity limits: Heavily modified micro-apartments can sometimes occupy a niche segment, potentially affecting future resale timelines.
- Insurance premium factors: Properties requiring major renovations often attract higher buildings insurance premiums until all remedial works are certified.
- Unknown fire safety compliance: Buyers should ensure that apartment separation walls and fire doors meet current multi-unit building regulations.
- Utility upgrade needs: Older wiring and plumbing systems within the apartment may need a complete replacement to satisfy modern safety standards.
- Contingency budget necessity: Given the need for total modernization, buyers must hold a substantial financial buffer for unexpected overruns during construction.
Price positioning
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- The asking price appears somewhat elevated relative to baseline expectations because the fifty square meter apartment requires extensive refurbishment throughout, meaning considerable capital investment is necessary immediately after purchase to bring the dwelling up to a comfortable habitable standard.
- Valuation signals indicate a premium is being sought for a highly central urban location adjacent to key retail and parking amenities, though this convenience must be weighed against the significant physical upgrading costs that prospective buyers will inevitably face.
- Factors that could heavily support the current pricing include strong ongoing investor demand for central town-centre rental properties, whereas substantial unforeseen structural defects during renovation could quickly undermine the financial viability at this price point.
- Additional market relevance stems from the steady asking price history tracked without reductions, suggesting the selling agent is currently testing buyer appetite to see if the central convenience outweighs the clear necessity for a comprehensive internal modernization project.
Build Analysis
What we know from similar construction types
- The property is described as a ground floor apartment with a floor area of 50 m², featuring an open-plan living/dining area, kitchen, two bedrooms, and a bathroom.
- The listing states that the property requires extensive refurbishment throughout, indicating that a buyer should investigate the structural integrity, dampness, wiring, plumbing, and overall condition of the fabric.
- Given that refurbishment is required, a buyer should verify compliance with current building regulations, fire safety standards between units, and whether any planned structural alterations require planning permission or management company consent.
Heating cost*
Estimated expense to heat this property every year
- Estimated annual heating cost: 600 to 900 euro.
- Explanation: Based on a 50 square metre floor area and a C energy rating, the heating demand is moderate, but actual costs will vary depending on occupancy habits, fuel type, and the extent of refurbishment needed to the heating system.
Pollution Safe
8/10Environmental situation to investigate
- The property is situated in an established urban centre with standard municipal waste management and no prominent heavy industrial facilities immediately adjacent.
- Any historical commercial use in the surrounding town centre area should be verified independently for potential localized legacy concerns.
Flood Safe
6/10Water overflow reports to follow up
- The property is located in Tralee near central commercial amenities, with map evidence indicating proximity to modelled river and coastal flood zones.
- Being a ground-floor apartment, the main living areas and access points sit directly at street level, increasing vulnerability if nearby surface water or local flooding accumulates.
- A thorough structural and flood risk survey is recommended during the refurbishment process to ensure appropriate damp-proofing and defences are integrated.
The property’s mapped location falls within a river flood area for an event with a 0.1% annual probability.
Recent Local Sales
Verified residential transactions published in the previous five years
Sales on the same street or estate
14 MARKET ST, TRALEE, KERRY
- Sale date
- Declared sale price
- €100,000.00
Recent sales in the wider Tralee area
9 MARIAN TERRACE, FENIT, TRALEE
- Sale date
- Declared sale price
- €240,000.00
LEITH EAST, TRALEE, KERRY
- Sale date
- Declared sale price
- €472,000.00
AUGHACASLA, CASTLEGREGORY, TRALEE
- Sale date
- Declared sale price
- €250,000.00
5 LEE DRIVE, BALLINORIG, TRALEE
- Sale date
- Declared sale price
- €351,000.00
19 URBAN TERRACE, BOHERBEE, TRALEE
- Sale date
- Declared sale price
- €175,000.00
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: €1,300 — 1% of €130,000.
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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: approximately 1,500 to 3,000 euro plus VAT and outlays.
- Land registration fees: approximately 400 to 800 euro depending on the property value and registration type.
- Property valuation fees: approximately 150 to 300 euro for a standard mortgage valuation report.
- Surveyor fees: approximately 400 to 800 euro depending on the depth of the structural survey required.
- Annual home insurance: approximately 300 to 600 euro depending on the level of contents and buildings cover chosen.
Forum Talk
What people are saying about this area
- Local residents frequently discuss regeneration and town centre revitalisation initiatives in Tralee, noting improvements to pedestrian walkways and community spaces.
- Property forums highlight growing demand for centrally located apartments that offer proximity to retail hubs like SuperValu and local amenities.
- Discussion on social media often centres around the potential for urban renewal and investment opportunities in older town centre properties requiring refurbishment.
- Community groups note the practical benefits of living within walking distance of Tralee Town Centre Market Car park and local veterinary services.
LifeFit Assessment
How well this property may suit your lifestyle
Family
7 areas- Young Children3/10
With a floor area of 50 m² and a requirement for extensive refurbishment, this two-bedroom ground floor apartment lacks the space and ready-to-move-in condition typically desired by families with young children.
- Teenagers3/10
The compact 50 m² size and need for major renovation make this property less suitable for teenagers who generally require more personal space.
- Multi-generational Living2/10
A two-bedroom apartment of 50 m² does not provide the layout or scale necessary to accommodate multiple generations comfortably.
- Single Buyers8/10
Priced at €130,000 and requiring a refurbishment project, this apartment represents a strong entry-level opportunity for single first-time buyers looking to modernise a property to their own taste.
- Couples7/10
The property offers an affordable route onto the property ladder for couples willing to undertake extensive refurbishment work to create their first home.
- Empty Nesters5/10
While single-level ground floor living appeals to downsizers, the extensive renovation required may prove burdensome without careful project management.
- Retirees5/10
Ground floor access is convenient, but the extensive repair and modernization needed throughout the apartment could pose practical challenges for retirees.
Work
3 areas- Remote Working6/10
The apartment's open-plan living area can accommodate a home office setup, provided remote workers factor in the necessary refurbishment works.
- Hybrid Commuting7/10
Tralee town centre location offers good connectivity to local transport links for those balancing home and office work.
- Retired5/10
Ground floor convenience is offset by the requirement for extensive refurbishment before the property is comfortable to occupy.
Practical
8 areas- Ageing in Place6/10
Ground floor access is a strong advantage for ageing in place, though doorways, bathrooms, and layout adaptations would need to be addressed during modernization.
- Low Maintenance2/10
The listing explicitly notes that the property requires extensive refurbishment throughout, meaning significant initial maintenance and project management.
- Secure Gated Entry3/10
There is no mention of secure gated entry in the listing details for this town-centre apartment.
- Minimalist Design6/10
The 50 m² footprint and open-plan living/dining area lend themselves well to a streamlined, minimalist interior once renovated.
- Flexible Floor Plans4/10
With a compact 50 m² floor area comprising a kitchen, open-plan living/dining, two bedrooms, and a bathroom, layout flexibility is inherently limited.
- Heritage Home1/10
The property is presented as a standard refurbishment project rather than a protected or period heritage home.
- Ecological Setup4/10
The property holds a C BER rating, indicating that energy efficiency upgrades should be incorporated into the planned refurbishment works.
- Outdoor areas2/10
As a ground floor apartment adjacent to a car park and supermarket, private outdoor amenity space appears minimal or absent.
Interests
9 areas- Gardening1/10
As a ground floor apartment with no mention of private outdoor garden space, opportunities for gardening are virtually non-existent.
- Walking8/10
The central town location means everyday amenities, shops, and services are easily accessible on foot.
- Gym6/10
Being located in the town centre provides reasonable access to local fitness facilities and urban amenities.
- Cycling6/10
Town centre living allows for straightforward cycling access to local services, though urban traffic should be considered.
- Golf5/10
Tralee offers golf amenities in the wider area, though a car would be required to reach regional courses.
- Fishing4/10
While County Kerry offers excellent fishing opportunities, the immediate town centre setting is detached from direct water access.
- Horse Riding3/10
Equestrian facilities are typically found in surrounding rural areas rather than the immediate town centre.
- Water Sports3/10
Coastal and water sports activities require travel out of the town centre towards the bay and surrounding areas.
- Entertaining4/10
The open-plan living and dining area offers some potential, but the 50 m² size and extensive renovation needs limit hosting capacity until upgraded.
Lifestyle
5 areas- Quiet Living4/10
Situated adjacent to a supermarket and a town centre market car park in Tralee, the immediate surroundings are likely to experience steady commercial and vehicular activity.
- Rural Living1/10
This is a town centre property located adjacent to commercial amenities and a car park, offering an entirely urban setting.
- Village Living5/10
Located in Tralee, the property offers close proximity to local conveniences, though it functions more as a town-centre environment than a quiet village.
- Coastal Living2/10
The location is landlocked in Tralee town centre with no immediate coastal proximity or views.
- Urban Living8/10
Positioned right in Tralee town centre, the property is adjacent to SuperValu and a town market car park, offering high convenience for urban dwellers.
Social
6 areas- Community Involvement6/10
Town centre living places residents close to local civic activities and community groups.
- Café Culture8/10
Being situated in Tralee town centre places cafes, shops, and social venues within easy walking distance.
- Nightlife7/10
Proximity to the town centre ensures pubs, restaurants, and evening entertainment options are readily accessible.
- Health/Wellness groups6/10
Local health classes, wellness groups, and medical services such as the adjacent veterinary clinic and town amenities are close at hand.
- Networking Opportunities6/10
Central urban positioning facilitates general professional networking and community engagement.
- Tech-Hub Connectivity5/10
Buyers should verify local broadband speeds and infrastructure capability during the refurbishment process.
Listing information
- Agent
- Sherry FitzGerald Stephenson Crean
- Phone
- 066 7180822
- Current status
- active
- Published on HouseDelve
- 2 November 2026
- Correction
- Report an issue
HD-92A2F0HouseDelve · 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.