Photograph 1 of 25 of 15 Corcoran's Terrace, Ballina, Co. Mayo
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15 Corcoran's Terrace, Ballina, Co. MayoF26C9X7

€115,000

4 Bed~2 Bath~70 m²~BER E2

What you'll like:

  • Affordable asking price: Listed at just one hundred fifteen thousand euros, this property presents an exceptionally low barrier to entry for first-time buyers, DIY enthusiasts, and residential property investors looking for a cost-effective project.
  • Recent roof replacement: A brand-new roof has already been installed alongside new fascia and soffit, eliminating one of the most expensive and disruptive structural repair tasks usually associated with older houses.
  • Upgraded double glazing: The installation of white PVC windows and a modern PVC front entrance door provides immediate weatherproofing and better thermal efficiency than older timber joinery.
  • Vacant property grant potential: The listing indicates potential eligibility for the vacant property grant of up to fifty thousand euros, which can substantially offset heavy interior modernization and renovation costs.
  • Town centre convenience: Situated within comfortable walking distance of Ballina town centre, future occupants will enjoy immediate access to local supermarkets, schools, churches, pubs, and restaurants without relying constantly on a car.
  • Proximity to River Moy: Located merely two hundred meters from the world-renowned River Moy, outdoor enthusiasts and fishing hobbyists will appreciate having this famous natural amenity right on their doorstep.
  • Generous rear garden: Unlike many compact central properties, this home features an unusually long and spacious rear garden offering fantastic potential for landscaping, outdoor entertaining, or future physical extension.
  • Rear lane access: The presence of a side lane running alongside the terrace provides valuable secondary access to the back garden, simplifying waste management, material deliveries, and potential off-street parking development.
  • Electricity connection confirmed: Electricity is already connected to the building, saving the new owner time and initial utility setup fees while facilitating safe lighting and power tools during ongoing construction work.
  • Strong rental demand: Being positioned in a well-established tourist and fishing hub near major employment and transport links, a fully renovated house could command robust long-term rental or holiday-let yields.
  • Compact footprint for budgeting: With a modest floor area of seventy square meters, material quantities for flooring, plastering, and painting will remain relatively small, helping to keep overall refurbishment expenses predictable.
  • Blank canvas interior: Requiring comprehensive internal modernization throughout, buyers have the creative freedom to completely redesign the layout and finishes to match their own personal lifestyle preferences.
  • Established residential terrace: Situated in an established neighborhood with a mix of permanent residents, buyers benefit from a settled community atmosphere close to essential municipal services and transport infrastructure.
  • Proximity to transport links: The local train and bus stations are within accessible reach, offering convenient public transit connections toward larger regional employment hubs like Castlebar and beyond.
  • Gateway to outdoor recreation: Nestled scenically between the Ox and Nephin mountains, the location is ideal for buyers who enjoy hiking, exploring nature, and participating in rural west of Ireland leisure activities.
  • Airport accessibility: Positioned roughly thirty-seven kilometers from Ireland West Airport Knock, international travel and welcoming visiting guests is relatively straightforward for future occupants.
  • Appeal to trade buyers: The property is ideally suited for builders, carpenters, and experienced tradespeople who can leverage their own labor skills to maximize the return on investment after purchase.
  • Front garden buffer: An enclosed small front garden provides a pleasant green buffer between the front door and the public footpath, enhancing privacy and streetscape appeal.
  • Tourist destination market: Ballina maintains a strong reputation as a premier tourist and fishing destination, ensuring that well-presented local housing retains enduring intrinsic appeal over time.
  • Manageable holding costs: A small footprint and lower valuation generally translate into modest local property taxes and building insurance premiums while the renovation works are being carried out.

But keep in mind:

  • Extensive internal overhaul required: The property requires comprehensive refurbishment and modernization throughout, meaning a buyer must budget heavily for new wiring, plumbing, heating, kitchens, bathrooms, and floor finishes.
  • Poor energy rating: The current BER stands at a low E2 rating, indicating severe thermal inefficiency and high heat loss that will demand substantial insulation and heating upgrades to achieve modern comfort standards.
  • Compact internal area: Measuring only seventy square meters, the overall living space is relatively small, which may feel cramped for a four-bedroom configuration once modern room proportions are established.
  • Four-bedroom layout challenge: Fitting four bedrooms into a seventy-square-meter floor plate likely results in very tight bedroom dimensions that require careful architectural planning to remain functional.
  • Potential structural surprises: Given the age and neglected state typical of comprehensive renovation projects, buyers should budget for hidden defects such as dampness, timber rot, or outdated structural timbers.
  • Uncertainty around grant approval: While the listing mentions potential qualification for the vacant property grant, the buyer must independently verify eligibility criteria, timelines, and local authority approval conditions before committing.
  • Lack of off-street parking: The address relies on on-street or lane arrangements, meaning parking availability directly in front of the terrace could be limited during peak times.
  • Drainage and services condition: Older terraced houses often feature aging clay or cast-iron drainage pipes that may require expensive excavation and replacement during a deep retrofit.
  • Asbestos risk in older finishes: Older buildings undergoing major remodeling frequently contain hazardous materials like asbestos in old floor tiles, artex ceilings, or pipe lagging, requiring professional testing and safe disposal.
  • Party wall considerations: Being part of a terraced row means extensive structural work or damp remediation must be coordinated carefully with neighboring properties to avoid party wall disputes or accidental damage.
  • Sewerage infrastructure check: Buyers should verify whether the property is connected to the public mains sewer system or relies on older shared arrangements that need modernization.
  • Boundary clarity required: The exact legal boundaries of the unusually long rear garden and rights of way along the side lane should be thoroughly inspected by the legal representative to prevent future disputes.
  • Heating system absence: The listing does not mention an operational central heating system, implying that a completely new boiler, radiators, and pipework network must be installed from scratch.
  • Ventilation and damp risks: Modernizing a small older cottage footprint requires careful installation of adequate mechanical or passive ventilation to prevent future condensation and mold growth.
  • Construction cost inflation: Sourcing reliable builders and materials in the current market can lead to budget overruns and project delays that first-time renovators frequently underestimate.
  • Financing complexities: Traditional mortgage lenders may be reluctant to finance properties requiring heavy structural and cosmetic work without specialized renovation loan products or retention funds.
  • Temporary alternative accommodation: Living on-site during such comprehensive refurbishment is practically impossible, meaning buyers may need to pay simultaneous rent or mortgage costs elsewhere during the build.
  • Planning and compliance check: Buyers should investigate whether any previous alterations to the terrace required local authority planning permission or building control sign-off that was never officially secured.
  • Access constraints for machinery: The terraced nature of the property and reliance on a side lane may restrict heavy construction machinery from easily reaching the rear garden during landscaping.
  • Utility connection fees: Upgrading electricity capacity or installing new gas or water meters to modern standards can incur unexpected utility connection charges and administrative delays.

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 mildly undervalued compared with the available evidence.
  • The asking price appears attractively positioned because it reflects the significant modernization required to bring a dated residential structure up to contemporary living standards despite recent exterior upgrades.
  • Signals supporting potential value include a newly fitted roof and potential eligibility for government refurbishment grants, offsetting heavy internal renovation costs for prospective buyers undertaking extensive modernization.
  • Factors that could undermine this pricing position involve unexpected structural complications or hidden remediation expenses common in older properties requiring comprehensive internal redesign and finishing.
  • Relevant market comparisons with regional transactional evidence suggest that the low initial entry point reasonably compensates for the considerable capital expenditure needed to achieve habitable standards.

Build Analysis

What we know from similar construction types

  • The property is a traditional terraced house requiring comprehensive refurbishment and modernisation throughout.
  • A positive upgrade has recently been completed, featuring a new roof along with new fascia and soffit.
  • The house benefits from white PVC double-glazed windows and a PVC front entrance door.
  • The floor area is relatively compact at 70 square metres for a four-bedroom layout, suggesting smaller room proportions.
  • Buyers should investigate the structural integrity of the internal walls, floors, and overall framing given the extensive upgrade needed.
  • Verify the condition of the electrical wiring, plumbing, and heating systems as comprehensive modernisation is required.
  • Check the legal status and boundaries regarding the side lane running alongside the terrace and the rear lane access.
  • Confirm eligibility and terms for the advertised vacant home grant with relevant authorities.

Retrofit Cost*

Possible renovating / insulating expenditure

  • The property holds an E2 BER rating, indicating poor energy efficiency and placing it in the D-G bracket which triggers a deep-retrofit estimate.
  • A comprehensive deep retrofit to bring this property up to a modern energy standard would likely cost between EUR 45,000 and EUR 65,000.
  • This estimated cost includes installing external or internal wall insulation, upgrading attic insulation, installing a modern heat pump or energy-efficient heating system, and possible window and door enhancements beyond the existing PVC units if they do not meet current thermal standards.
  • Buyers should factor in these energy upgrade expenses alongside general refurbishment costs and potential grant supports such as SEAI grants.

Heating cost*

Estimated expense to heat this property every year

  • Estimated annual heating cost: €1,500 - €2,000.
  • Explanation: Given the E2 BER rating and the 70 m² floor area, the property has poor energy efficiency and will require significant heating until comprehensive insulation and modernization works are completed.

Pollution Safe

9/10

Environmental situation to investigate

  • The property is situated in an established residential and town-centre location in Ballina, generally distant from major heavy industrial zones or large-scale waste incinerators.
  • Any minor local industrial or urban pollution concerns should be independently verified by prospective buyers as part of standard due diligence.

Flood Safe

7/10

Water overflow reports to follow up

  • While the property is located within walking distance of the River Moy, prospective buyers should verify specific local flood risk assessments and insurance availability for this precise area.
  • The broader Ballina region features designated flood risk management plans near major watercourses, making local flood history worth investigating.

Recent Local Sales

Verified residential transactions published in the previous five years

Sales on the same street or estate

  • 11 CORCORAN'S TERRACE, BALLINA, CO MAYO

    Sale date
    Declared sale price
    €86,000.00

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, amounting to €1,150.
  • Solicitor legal fees: Generally range from €1,500 to €3,000 excluding outlay and VAT.
  • Land registration fees: Approximately €175 to €700 depending on the application type.
  • Property valuation fees: Around €150 to €300 for mortgage purposes.
  • Surveyor fees: Roughly €500 to €1,000, highly recommended given the extensive refurbishment required.
  • Annual home insurance: Approximately €400 to €800 depending on the level of cover.

Forum Talk

What people are saying about this area

  • Local residents frequently discuss regeneration and property renovation projects in central Ballina, noting strong interest among first-time buyers and investors looking to take advantage of vacant home grants.
  • The proximity to the River Moy is a regular topic in community forums, particularly regarding local tourism, fishing amenities, and general riverside walks.
  • Discussions around Corcoran's Terrace and surrounding streets often highlight the convenience of being within short walking distance of Ballina town centre amenities, schools, and transport links.
  • Community groups note ongoing maintenance and infrastructural improvements carried out by the local council throughout the wider Ballina municipal district.

LifeFit Assessment

How well this property may suit your lifestyle

Family

7 areas
  • Young Children

    The property requires comprehensive refurbishment and modernisation throughout, which presents safety hazards and a lack of habitable space for young children until significant renovation works are completed.

    3/10
  • Teenagers

    With 4 bedrooms, there is potential for space once renovated, but the current condition and limited floor area of 70 m² mean teenagers will have very restricted private living quarters during the project phase.

    4/10
  • Multi-generational Living

    A floor area of 70 m² spread across 4 bedrooms is exceptionally compact for multi-generational living, and the comprehensive refurbishment needed makes it unsuitable for immediate occupancy.

    2/10
  • Single Buyers

    With an attractive guide price of €115,000 and qualification for the vacant home grant up to €50,000, this property offers an exceptional project opportunity for single buyers looking to step onto the ladder or take on a renovation.

    8/10
  • Couples

    Couples looking for a project can leverage the affordable guide price and potential grant support to redesign and upgrade the 4-bedroom terraced house to their exact personal specifications.

    8/10
  • Empty Nesters

    While the single-level or manageable footprint appeals to downsizers, the heavy renovation workload required might deter empty nesters unless they are comfortable managing a major building project.

    5/10
  • Retirees

    The extensive refurbishment required, combined with an E2 BER rating indicating poor current energy efficiency, makes this a challenging proposition for retirees unless they have reliable contractors to manage the upgrade.

    4/10

Work

3 areas
  • Remote Working

    The 4-bedroom layout offers potential to dedicate a room as a home office, but buyers should verify local broadband speeds and connection quality in the area.

    5/10
  • Hybrid Commuting

    Ballina features a local train station and bus station providing public transport links, though commuting to major cities like Galway or Dublin involves significant travel time.

    7/10
  • Retired

    Proximity to town amenities is convenient for retirees, but the heavy burden of managing a major refurbishment project may not suit everyone in retirement.

    5/10

Practical

8 areas
  • Ageing in Place

    While a terraced layout close to town is convenient, the property requires comprehensive modernisation, and buyers would need to adapt the 4-bedroom layout to ensure accessibility for ageing in place.

    5/10
  • Low Maintenance

    Requiring comprehensive refurbishment and modernisation throughout, the property will demand significant time, maintenance, and capital investment initially.

    2/10
  • Secure Gated Entry

    The property features an open small front garden and a side lane running alongside the terrace, with no gated or secure entry system indicated.

    1/10
  • Minimalist Design

    A traditional 4-bedroom terraced layout spanning 70 m² requires total redesign to achieve a minimalist aesthetic, though the blank canvas makes it possible.

    3/10
  • Flexible Floor Plans

    With 4 bedrooms packed into 70 m², the rooms are likely compact, but the total refurbishment requirement allows buyers to reconfigure internal partitions to suit their needs.

    5/10
  • Heritage Home

    Located on Corcoran's Terrace in an established part of Ballina, the property retains a classic terrace character, though recent updates include a new roof, fascia, soffit, and PVC windows.

    6/10
  • Ecological Setup

    The current BER rating of E2 indicates poor energy efficiency and high heat loss, meaning significant ecological upgrades and insulation work will be necessary.

    2/10
  • Outdoor areas

    Despite being in a central location, the property benefits from a small enclosed front garden and a particularly generous, unusually long rear garden with rear lane access.

    8/10

Interests

9 areas
  • Gardening

    The property benefits from a small enclosed garden to the front and a particularly generous, unusually long garden to the rear, offering plenty of outdoor cultivation potential once cleared and landscaped.

    7/10
  • Walking

    Located just minutes from the famous River Moy and within walking distance of Ballina town centre, the property is ideally situated for daily walking enthusiasts.

    9/10
  • Gym

    Town-centre amenities in Ballina include local facilities, but buyers should verify the proximity and availability of specific modern commercial gym options nearby.

    5/10
  • Cycling

    The flat town-centre approach offers good initial cycling access, though buyers should verify local cycle lane infrastructure and secure storage solutions for the terrace.

    6/10
  • Golf

    Ballina has a local golf club in the wider area, but golfers will need to verify transport links and exact driving distances from Bunree Road.

    5/10
  • Fishing

    Situated only 200 meters from the world-renowned River Moy, and in a town famed as a premier tourist and fishing centre, this is an unbeatable location for fishing enthusiasts.

    10/10
  • Horse Riding

    While County Mayo offers equestrian opportunities, buyers interested in horse riding will need to investigate local stables and transport logistics further out from the town centre.

    4/10
  • Water Sports

    The proximity to the River Moy and surrounding Mayo waterways provides great access to river-based activities and water sports.

    7/10
  • Entertaining

    Currently, the property requires comprehensive refurbishment and modernisation throughout, making entertaining impossible until the interior layout and amenities are fully upgraded.

    4/10

Lifestyle

5 areas
  • Quiet Living

    Situated on Corcoran's Terrace within walking distance of Ballina town centre, the location offers a residential feel, though central town proximity naturally brings some urban ambient noise.

    6/10
  • Rural Living

    This is a town-centre terraced property rather than a rural escape, though Ballina is nestled between the Ox and Nephin mountains and close to the countryside.

    2/10
  • Village Living

    The property provides a traditional town-centre lifestyle within walking distance of local amenities, schools, churches, pubs, and restaurants in Ballina.

    7/10
  • Coastal Living

    While Ballina is in County Mayo and close to coastal regions and the Wild Atlantic Way, the specific inland location on Bunree Road is not directly coastal.

    4/10
  • Urban Living

    Positioned just 200 meters from the River Moy and walking distance to Ballina town centre, residents have immediate access to urban conveniences, shops, and transport links.

    6/10

Social

6 areas
  • Community Involvement

    Ballina has an active local community with established schools, churches, and traditional pubs, offering strong opportunities for local integration.

    7/10
  • Café Culture

    Being within walking distance of Ballina town centre puts local cafes, restaurants, and hospitality spots within easy reach.

    7/10
  • Nightlife

    Traditional pubs, hotels, and restaurants in Ballina town centre provide a lively local social and nightlife scene.

    7/10
  • Health/Wellness groups

    Town amenities support local groups and wellness activities, though buyers should verify specific class schedules and club locations.

    6/10
  • Networking Opportunities

    Ballina is a regional tourist and market town rather than a corporate business hub, offering limited local professional networking venues.

    4/10
  • Tech-Hub Connectivity

    The location is more traditional and tourist-oriented; buyers requiring high-level tech-hub infrastructure should independently verify fiber broadband availability.

    3/10

Listing information

Agent
CK Properties & Auctioneers
Phone
+353 96 70 878
Published on HouseDelve
16 September 2026
Correction
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Property reference: HD-8EE634HouseDelve · 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.