179 North Circular Road, Dublin 7D07W1H5
€725,000
5 Bed~5 Bath~162 m²~BER G
What you'll like:
- Prime rental location: Situated near Stoneybatter and TUD Grangegorman campus, ensuring exceptionally high tenant demand and continuous occupancy from students and young professionals.
- Established investment layout: Currently arranged as four self-contained residential units, allowing investors to generate multiple rental income streams immediately upon acquisition.
- Convenient public transport: Located within a short walking distance of multiple LUAS stations, frequent bus routes, and the planned DART expansion line.
- Proximity to major amenities: Just minutes from the expansive Phoenix Park, local cafes, and shopping hubs in Phibsboro and Smithfield for great lifestyle appeal.
- Rear access available: Features pedestrian access through Everton Avenue to the rear garden, facilitating independent waste management and maintenance for tenants.
- Period architectural features: Retains attractive original elements such as marble fireplaces, high ceilings, ceiling roses, and decorative coving that enhance property character.
- Solid construction elements: Equipped with PVC double-glazed windows throughout, helping to reduce external noise and improve internal thermal retention for occupants.
- Dedicated outdoor space: Includes a walled rear garden stocked with established planting, an outside workshop shed, and practical exterior taps and lighting.
- Curb appeal elements: The front benefits from a neat lawn city garden, traditional tiled pathway, box hedging, and wrought iron gates and railings.
- Communal safety features: Includes a smart entrance hallway equipped with a fire alarm panel and centralized electrical meters for managing the building efficiently.
- Multiple bathroom provisions: Features five bathrooms across the building, ensuring adequate sanitary facilities for the occupants living across all four separate residential units.
- Functional unit sizing: Comprises a mix of one-bed and two-bed layouts, providing versatile accommodation options that suit various rental demographics in the local market.
- Well-maintained interior: The descriptions indicate the building has been carefully kept over time, preserving historic joinery like the mahogany handrail on the main staircase.
- Short airport connection: The M50 motorway and Dublin Airport are accessible within a short drive, benefiting tenants who travel frequently for work.
- Cycling distance to center: Situated only fifteen minutes by bicycle from Trinity College, offering a viable car-free commute for academic and city center workers.
- Central city proximity: Located just two kilometers west of the main city post office, providing close proximity to major employment and retail centers.
- Independent unit living: Each of the four residential spaces functions independently with its own kitchen facilities, offering privacy and convenience for individual tenants.
- Flexible configuration potential: The layout provides future scope for aesthetic modernization, allowing landlords to potentially increase rental yields through selective upgrades.
- Established residential setting: Positioned in a mature, sought-after neighborhood known for its strong community feel and long-term property stability.
- Vacant possession advantage: Offered as a vacant property, giving the new owner total freedom to set market-rate rents and select their own tenants.
But keep in mind:
- Extremely poor energy rating: Holds a terrible BER rating of G with a high energy performance indicator, meaning major thermal upgrades are urgently required.
- Significant insulation costs: Bringing the building up to modern energy efficiency standards will likely require substantial capital expenditure on external insulation and heating.
- Pre-63 legal verification: Buyers must thoroughly investigate the planning history and compliance status of the four separate residential units under historical legislation.
- Potential fire safety upgrades: Converting older buildings into multi-unit rentals often necessitates costly fire-stopping and alarm system enhancements to meet current regulations.
- Outdated heating systems: Several units rely on older or individual electric heating setups, which can deter energy-conscious tenants and result in higher utility bills.
- Ventilation limitations: Some internal bathrooms rely on small or basic extraction setups, raising potential moisture and mold risks that require professional inspection.
- Maintenance of period features: Preserving historic elements like original fireplaces and ornate coving can involve higher specialist repair costs during ongoing property upkeep.
- Compact rear garden: The walled outdoor area is relatively modest and shared or restricted in utility, offering limited recreational space for multiple households.
- On-street parking pressures: The central location on a busy circular road likely suffers from limited residential parking permits and heavy local traffic congestion.
- Noise pollution exposure: Front-facing windows directly encounter high volumes of passing city traffic, potentially impacting tenant retention and living comfort.
- Upgrading plumbing infrastructure: Managing five bathrooms across an older multi-unit conversion may reveal hidden plumbing wear that necessitates extensive pipework replacement.
- Electrical capacity demands: The electrical setup must be professionally inspected to ensure the consumer unit and wiring safely support four separate residential households.
- Restricted room dimensions: Certain rooms within the converted return and ground floor layouts have tight spatial proportions, which can limit furniture placement options.
- Shared hallway wear: The communal entrance hall and staircase will experience heavy foot traffic from multiple tenants, requiring frequent cleaning and redecoration.
- Waste storage logistics: Organizing refuse bins for four separate units with rear pedestrian access requires careful management to avoid pest and clutter issues.
- Regulatory compliance risks: Landlords face stringent rental standards inspections by local authorities, meaning any non-compliant kitchenette or fire door must be rectified.
- High capital outlay: Purchasing a poorly rated multi-unit building at this price point requires substantial cash reserves beyond the initial acquisition for necessary renovations.
- Insurance cost implications: Properties with multiple tenancies and poor energy ratings often face higher commercial landlord insurance premiums and stricter policy terms.
- Future retrofit disruption: Undertaking deep retrofitting work on a multi-unit investment property typically requires vacating units, leading to temporary rental income voids.
- Market value sensitivity: The heavy reliance on an investment yield means the property value is closely tied to local rental market fluctuations and interest rates.
Price positioning
?
- The asking price appears somewhat overvalued when compared against surrounding transactional evidence for typical residential units, reflecting a premium commanded by its multi-unit pre-sixty-three investment status and robust rental income potential.
- Upward valuation signals stem from the property comprising four self-contained residential units across a substantial floor area, coupled with a highly desirable urban location near major educational campuses and transport links.
- A significant risk that could undermine this ambitious price is the exceptionally poor energy rating of G, which will necessitate substantial capital expenditure to upgrade heating, insulation, and general energy efficiency compliance.
- Overall positioning remains heavily supported by enduring tenant demand in this mature neighborhood, though prospective purchasers must carefully weigh remediation costs against anticipated rental yields before finalizing acquisitions.
Build Analysis
What we know from similar construction types
- The property is described as a Pre '63 investment building laid out across four self-contained residential units (three one-bedroom and one two-bedroom), which means a buyer should verify that all necessary planning permissions, fire safety compliance certificates, and building regulations approvals are in place for the multi-unit conversion.
- Given the Pre '63 status and the presence of multiple kitchens and bathrooms, a thorough inspection of the plumbing, electrical systems, and shared meters should be conducted to ensure they meet modern standards and safety requirements.
- The building features period elements such as original coving, fireplaces, and a mahogany staircase, which add character but may require specialized maintenance or conservation-appropriate repairs.
- The property has PVC double-glazed windows, but overall structural and weatherproofing integrity should be assessed by a qualified surveyor, particularly around the roof, returns, and rear garden workshop.
Retrofit Cost*
Possible renovating / insulating expenditure
- The property currently holds a G BER rating, indicating very poor energy efficiency across its multiple residential units.
- A comprehensive deep retrofit for a 162 m² multi-unit older building of this type typically ranges from €80,000 to €120,000 or more.
- The estimated cost would cover extensive insulation upgrades (external or internal wall insulation given the period features), roof insulation, window and door replacements if necessary, upgrading heating systems across the four units, and installing renewable energy technologies such as heat pumps or solar panels to bring the building up to modern energy standards.
Heating cost*
Estimated expense to heat this property every year
- Estimated annual heating cost: €3,500 to €4,500.
- Explanation: Given the very poor G energy rating and a floor area of 162 m² spread across multiple self-contained residential units, the thermal efficiency is extremely low, leading to high energy consumption for space and water heating.
Pollution Safe
8/10Environmental situation to investigate
Flood Safe
8/10Water overflow reports to follow up
Recent Local Sales
Verified residential transactions published in the previous five years
Sales on the same street or estate
No verified results were found for this group in the previous five years.
Recent sales in the wider Dublin 7 area
7 PARK CRESCENT HOUSE, BLACKHORSE AVE, DUBLIN 7
- Sale date
- Declared sale price
- €361,000.00
17 ST PETERS SQ, PHIBSBOROUGH RD, PHIBSBOROUGH DUBLIN 7
- Sale date
- Declared sale price
- €282,789.00
21 ORCHARD TERRACE, GRANGEGORMAN UPPER, DUBLIN 7
- Sale date
- Declared sale price
- €355,000.00
80 ST. EITHNE ROAD, CABRA, DUBLIN 7
- Sale date
- Declared sale price
- €380,000.00
6 THE TAP 44 47 NORTH KING ST, DUBLIN 7, DUBLIN
- Sale date
- Declared sale price
- €345,000.00
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% up to €1,000,000 of the purchase price, equating to €7,250 for an asking price of €725,000.
- Solicitor legal fees: roughly €1,500 to €3,000 plus VAT and outlay costs for conveyancing services.
- Land registration fees: approximately €600 to €800 depending on the property value and registration type.
- Property valuation fees: around €150 to €300 for a standard mortgage or independent valuation report.
- Surveyor fees: approximately €500 to €1,200 depending on the depth of the structural survey required for a 162 m² building.
- Annual home insurance: roughly €400 to €800 per year, which should be verified and adjusted given the multi-unit pre-63 investment nature of the property.
Forum Talk
What people are saying about this area
- Residents on local forums frequently discuss the ongoing appeal of the Stoneybatter and Phibsborough areas due to their vibrant café culture and proximity to the city centre.
- Community groups often highlight the regeneration benefits and increased student footfall driven by the nearby TUD Grangegorman campus development.
- Local discussions frequently focus on transport upgrades, including the expansion of cycling infrastructure and planned public transport links.
- Neighbourhood forums regularly note the high demand for rental accommodation given the strategic location close to major employment hubs and parks.
LifeFit Assessment
How well this property may suit your lifestyle
Family
7 areas- Young Children3/10
The property is currently laid out as a multi-unit investment property rather than a traditional family home, making it less suitable for young children without significant reconfiguration.
- Teenagers4/10
Proximity to educational facilities like TUD Grangegorman is a plus, but the multi-unit layout is configured for investment rather than family living.
- Multi-generational Living6/10
With four separate residential units already in place, there is potential for extended family members to live independently under one roof, though kitchen and living spaces are divided.
- Single Buyers5/10
A single buyer could potentially live in one unit and rent out the others, but managing an entire pre-'63 investment building is a major undertaking.
- Couples4/10
The configuration is optimized as a multi-unit investment rather than a traditional couples' residence.
- Empty Nesters4/10
Managing a multi-unit property with a G BER rating may not appeal to empty nesters looking for low-maintenance retirement living.
- Retirees3/10
The poor G energy rating and the multi-unit setup requiring management or substantial upgrade works make this less ideal for retirees.
Work
3 areas- Remote Working6/10
Multiple units offer potential home-office flexibility, though the building's investment layout would need adaptation.
- Hybrid Commuting9/10
Excellent transport links including LUAS stations within a 10-minute walk, bus routes, and proximity to Heuston Station make commuting very convenient.
- Retired3/10
The building requires ongoing management as an investment or extensive renovation to become a comfortable single retirement home.
Practical
8 areas- Ageing in Place4/10
Multiple floors and four separate units make this challenging for ageing in place without significant structural adaptation.
- Low Maintenance2/10
As a pre-'63 investment property with a G BER rating, substantial energy upgrades and maintenance should be verified by the buyer.
- Secure Gated Entry5/10
Features original wrought iron gates and railings to the front, but lacks modern automated gated security.
- Minimalist Design3/10
The property is rich in traditional period features like marble fireplaces, coving, and ceiling roses rather than minimalist design.
- Flexible Floor Plans8/10
Currently laid out in four self-contained residential units, offering high flexibility for rental income or future reconfiguration.
- Heritage Home9/10
Retains wonderful period features including original coving, mahogany handrails, and Victorian/marble feature fireplaces characteristic of pre-'63 buildings.
- Ecological Setup1/10
The property holds a G BER rating with a high energy performance indicator of 414.35, indicating significant thermal and ecological upgrade requirements.
- Outdoor areas5/10
Features a walled rear garden stocked with fuchsia and rear pedestrian access, alongside a small front lawn city garden.
Interests
9 areas- Golf4/10
Central Dublin location means golf courses require travel outside the immediate neighborhood.
- Fishing2/10
Inner-city location offers virtually no immediate fishing opportunities.
- Gardening4/10
There is a walled rear garden stocked with fuchsia and a garden workshop/shed, but space is limited and shared or urban in nature.
- Walking9/10
Fantastic walking opportunities with the Phoenix Park nearby and the city center within comfortable walking distance.
- Gym7/10
Urban location ensures good access to various fitness centers and gyms in the Phibsboro and city areas.
- Cycling8/10
Trinity College is about 15 minutes by bicycle, and the central location makes cycling a viable commuter option.
- Horse Riding3/10
Proximity to Phoenix Park provides some equestrian context, but stables are not immediately at hand.
- Water Sports2/10
Inland location means water sports require travel to the coast or liffey-adjacent facilities where available.
- Entertaining5/10
The property is currently split into separate rental units, limiting large-scale entertaining spaces unless reconfigured into a single dwelling.
Lifestyle
5 areas- Quiet Living3/10
Situated on the busy North Circular Road, traffic and urban hustle mean this is far from a quiet sanctuary.
- Rural Living1/10
This is a densely populated inner-city Dublin location with zero rural characteristics.
- Village Living7/10
Close proximity to Stoneybatter and Phibsboro gives a distinct urban village feel with local amenities within walking distance.
- Coastal Living1/10
Located well inland in Dublin 7 with no coastal proximity.
- Urban Living9/10
An exceptional urban location close to the LUAS, TUD Grangegorman, Phoenix Park, and the city center.
Social
6 areas- Community Involvement6/10
Mature urban setting near Stoneybatter offers active neighborhood communities and local associations.
- Café Culture9/10
Stoneybatter and Phibsboro are renowned for their vibrant independent café and restaurant scenes.
- Nightlife8/10
Close proximity to Smithfield, Phibsboro, and the city center provides abundant pubs, bars, and entertainment venues.
- Health/Wellness groups7/10
Urban setting provides good access to local health and wellness classes and community facilities.
- Networking Opportunities8/10
Proximity to TUD Grangegorman and central Dublin facilitates strong professional and academic networking.
- Tech-Hub Connectivity8/10
Central Dublin location ensures strong general connectivity and access to major employment hubs.
Listing information
- Agent
- DNG Phibsboro
- Phone
- 01 830 0989
- Published on HouseDelve
- 9 September 2026
- Correction
- Report an issue
HD-6FD2D3HouseDelve · 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.