Photograph 1 of 20 of 2 Georgian Manor, Lelia St, Limerick
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2 Georgian Manor, Lelia St, LimerickV94KT1D

€145,000

2 Bed~1 Bath~59 m²~BER E2

What you'll like:

  • Attractive Asking Price: Listed at one hundred forty-five thousand euros, this property presents an affordable entry point for first-time buyers looking to establish a foothold in the local market.
  • City Centre Location: Positioned within easy walking distance of the bustling city centre, residents can enjoy convenient access to numerous local shops, essential services, and daily amenities.
  • Educational Proximity Advantage: Being situated close to the Limerick School of Art and Design makes this apartment exceptionally appealing for academic staff or students seeking rental convenience.
  • Own Door Access: The ground-floor layout features an independent private entrance accessed via Lelia Street, offering greater privacy and autonomy compared to typical communal hallway apartment setups.
  • Park Views Nearby: Located directly across from O'Brien's Park, occupants benefit from pleasant green views and an ideal setting for relaxing evening strolls right outside the front door.
  • Compact Floor Area: Encompassing fifty-nine square meters, the well-proportioned layout provides manageable living space that requires minimal upkeep and cleaning effort for busy working professionals.
  • Two Bedroom Layout: Offering two distinct bedrooms, the accommodation provides versatile living options, allowing buyers to easily convert the second room into a convenient home office or guest room.
  • Shared Rear Yard: The inclusion of a shared rear yard with direct access onto Lelia Street provides useful outdoor utility space for refuse storage or airing laundry outdoors.
  • Double Glazed Windows: Fitted with PVC windows throughout, the property already benefits from basic double glazing which helps reduce external traffic noise and improves baseline thermal insulation.
  • Gas Fired Heating: Equipped with gas-fired central heating, the apartment provides a familiar and responsive warmth system that can be easily controlled via standard domestic radiator valves.
  • Modernisation Potential: The listing explicitly highlights that the interior would benefit from upgrading, giving ambitious buyers a blank canvas to completely modernise finishes to their personal taste.
  • Investor Appeal Potential: Given the proximity to educational facilities and city amenities, landlords might find this compact apartment attractive for generating steady rental income within the urban core.
  • Stable Asking Price: Recorded price tracking shows the asking price has remained stable at one hundred forty-five thousand euros without increases, suggesting a straightforward and consistent vendor pricing strategy.
  • Ground Floor Convenience: Eliminating the need to climb stairs or rely on elevators, the ground-floor positioning ensures seamless daily accessibility for groceries, furniture delivery, and mobility.
  • Manageable Footprint: The modest fifty-nine square meter size keeps ongoing utility consumption and general maintenance expenses relatively low compared to larger detached suburban housing options.
  • Direct Street Access: Opening directly onto Lelia Street gives the home a distinct townhouse feel, bypassing the need to navigate large apartment complexes or complex interior corridors.
  • Rental Income History: Historical figures indicate previous rental performance, giving prospective investor purchasers a tangible baseline reference point for future letting yield calculations in this zone.
  • Downsizer Friendliness: The manageable single-level layout and low-maintenance exterior features make this residence a practical option for older buyers looking to simplify their living arrangements.
  • Established Neighborhood: Situated within a mature urban neighborhood, buyers gain immediate integration into an existing community with robust municipal infrastructure and established public transport links.
  • Negotiation Opportunity: Because the property requires extensive modernization, astute purchasers may have strong leverage to negotiate a lower acquisition price below the current asking figure.

But keep in mind:

  • Poor Energy Rating: Holding an E2 BER rating, the property suffers from poor energy efficiency which will lead to high heating bills and requires substantial thermal upgrades.
  • High Energy Consumption: The energy performance indicator sits at a very high 364.39 kilowatt-hours per square meter annually, signalling severe heat loss through walls, floors, or windows.
  • Substantial Management Fees: Annual management fees of eighteen hundred euros represent a significant recurring overhead cost that will directly diminish potential rental yields or owner-occupier budgets.
  • Heating System Replacement: Official notes explicitly warn that a new heating system might be needed, meaning buyers should budget immediately for costly boiler upgrades or complete radiator overhauls.
  • Interior Modernisation Required: The dwelling requires extensive upgrading and modernisation throughout, necessitating a substantial financial reserve to renovate outdated kitchens, bathrooms, and interior finishes safely.
  • High Management Fee Ratio: Relative to the relatively low asking price of one hundred forty-five thousand euros, an annual management fee of eighteen hundred euros constitutes a very high percentage burden.
  • Lack of Private Garden: The absence of a private rear garden means all outdoor space is shared, limiting personal privacy and recreational use of the external yard area.
  • Parking Availability Unclear: The listing details do not mention dedicated parking spaces, so prospective vehicle owners should carefully verify whether secure resident parking is available locally.
  • Energy Upgrade Costs: Achieving a modern energy standard from an E2 rating will likely require extensive insulation works, which can be disruptive and expensive in an apartment setting.
  • Past Rent Cap Context: The previous rent of four hundred per month referenced in historical data suggests past yields were modest, though buyers must verify current rental restriction zones.
  • Ground Floor Security: Ground-floor properties with direct street access can sometimes face heightened security risks, requiring careful inspection of window locks and exterior door security.
  • No Property Type Specified: The official listing omits the precise legal property type classification, requiring buyers to verify exact leasehold terms, covenants, and title structures with their solicitor.
  • Shared Yard Maintenance: Relying on a shared rear yard means cleanliness and maintenance standards depend entirely on other building occupants or active management company enforcement.
  • Potential Hidden Defects: Older apartments requiring modernisation frequently conceal outdated electrical wiring or plumbing issues that only become apparent during comprehensive structural surveys.
  • Limited Expansion Potential: With a fixed floor area of fifty-nine square meters, the apartment offers virtually no physical scope for future structural extension to increase living space.
  • Acoustic Insulation Concerns: Ground-floor units situated near city streets and shared building areas can suffer from noise disturbance, making soundproofing checks a crucial due diligence step.
  • Ventilation and Damp Risks: Properties requiring upgrades often suffer from inadequate ventilation, making it vital for buyers to inspect for hidden dampness or condensation issues in bathrooms.
  • Service Charge Escalation: Management fees can increase over time to cover communal repairs, meaning buyers must review historical sinking fund balances and upcoming maintenance schedules.
  • Urban Environment Factors: City-centre living can bring associated urban challenges such as restricted street parking, higher ambient noise levels, and heavy pedestrian traffic outside the door.
  • Resale Liquidity Limits: Properties with poor energy ratings and required modernization can sometimes take longer to resell, making careful initial purchase valuation critically important.

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 relative to general urban property standards, largely because the quantum is low for a two-bedroom city-centre layout, though this is heavily offset by a weak E2 energy rating and necessary modernization costs.
  • Under-valuation signals include the low absolute entry price for central Limerick and strong local tenant demand from nearby educational institutions, while over-valuation signals stem from poor energy efficiency and an annual management fee of eighteen hundred euros.
  • Support for this price point rests on the low absolute threshold appealing strongly to first-time buyers and budget-conscious downsizers, whereas potential capital expenditure for heating system upgrades and insulation could undermine its overall financial viability.
  • Additional considerations involve the recorded asking price remaining entirely unchanged since tracking began, suggesting a firm vendor stance or testing of market sentiment without immediate pressure to discount the property despite required upgrades.

Build Analysis

What we know from similar construction types

  • The property is a ground-floor own-door apartment spanning approximately 59 square metres with two bedrooms and one bathroom.
  • The listing notes that the property would benefit from upgrading and modernisation, and suggests that a new heating system might be needed for the gas-fired central heating (GFCH).
  • Buyers should investigate the condition of the shared rear yard, management company arrangements, and the specific breakdown and services covered by the annual management fee of €1,800.
  • Due to the E2 BER rating, a buyer should verify insulation levels, window glazing performance, and potential sources of heat loss throughout the apartment.

Retrofit Cost*

Possible renovating / insulating expenditure

  • The property has an E2 BER rating, indicating poor energy efficiency and placing it in the D-G bracket which requires a deep-retrofit estimate.
  • A comprehensive deep retrofit to bring this 59 square metre apartment to a B2 rating or higher is estimated to cost between €25,000 and €45,000.
  • Estimated costs would cover internal wall or floor insulation, window and exterior door upgrades, comprehensive heating system replacement as hinted in the listing, and potential ventilation improvements.

Heating cost*

Estimated expense to heat this property every year

  • Estimated annual heating cost is approximately 1,200 euro to 1,500 euro.
  • Given the E2 BER rating, floor area of 59 m², and the note that a new heating system might be needed, energy efficiency is lower, leading to higher consumption.

Pollution Safe

8/10

Environmental situation to investigate

  • The property is located in an established urban setting with no major heavy industrial facilities immediately adjacent.
  • Buyers should verify local records regarding any legacy urban land uses or historical industrial activity in the surrounding city centre.

Flood Safe

7/10

Water overflow reports to follow up

  • The area is situated within an urban environment near the city centre, and proximity to watercourses in Limerick means regional flood risk should be checked.
  • Prospective purchasers are advised to consult local authority flood maps and environmental reports to confirm specific local risk factors.

Recent Local Sales

Verified residential transactions published in the previous five years

Sales on the same street or estate

  • 32 LELIA ST, LIMERICK, LIMERICK

    Sale date
    Declared sale price
    €281,000.00

Recent sales in the wider local area

  • AGHLACCA, LIMERICK, LIMERICK

    Sale date
    Declared sale price
    €380,000.00
  • 50 LOWER CAREYS RD, LIMERICK, LIMERICK

    Sale date
    Declared sale price
    €240,000.00
  • 65 MAYORSTONE DR, LIMERICK, LIMERICK

    Sale date
    Declared sale price
    €426,921.77
  • 21 OCURRY PLACE, LIMERICK, LIMERICK

    Sale date
    Declared sale price
    €210,000.00
  • 16 SEAN HEUSTON PLACE, LIMERICK, LIMERICK

    Sale date
    Declared sale price
    €225,000.00

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: €1,450 — 1% of €145,000.
    ?
    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 euro to 2,500 euro plus VAT and outlays.
  • Land registration fees: approximately 400 euro to 800 euro depending on the property value and registration type.
  • Property valuation fees: approximately 150 euro to 250 euro for a standard mortgage valuation.
  • Surveyor fees: approximately 400 euro to 700 euro for a structural pre-purchase survey.
  • Annual home insurance: approximately 300 euro to 600 euro depending on the level of cover chosen.

Forum Talk

What people are saying about this area

  • Residents on local forums frequently discuss the convenience of living near Limerick City Centre and the Limerick School of Art & Design.
  • Discussions around O'Brien's Park highlight it as a pleasant green space for local residents, though urban park maintenance is occasionally debated.
  • Property discussions in this central district often focus on the demand for town-centre apartments among investors and first-time buyers.
  • Local commentary notes that older city-centre properties often require energy efficiency upgrades to improve BER ratings.

LifeFit Assessment

How well this property may suit your lifestyle

Family

7 areas
  • Young Children

    With a floor area of 59 m² and only two bedrooms, space is quite limited for raising young children. Additionally, the E2 energy rating and the note that the property would benefit from upgrading suggest that modern family comforts might require further investment.

    3/10
  • Teenagers

    A compact two-bedroom, 59 m² apartment provides very little privacy or personal space for teenagers, making it a challenging fit for a growing family.

    2/10
  • Multi-generational Living

    The small layout of 59 m² with a single bathroom and two bedrooms is entirely unsuitable for accommodating multiple generations under one roof.

    1/10
  • Single Buyers

    Priced at an asking price of €145,000, this ground-floor apartment offers an accessible entry point for single buyers looking to get onto the property ladder in a city-centre location.

    9/10
  • Couples

    The property provides a manageable, own-door city residence for couples, though the compact size means living areas are shared closely.

    7/10
  • Empty Nesters

    Downsizers may appreciate the ground-floor access and manageable footprint, though the need for modernisation and potential heating system upgrades should be factored in.

    6/10
  • Retirees

    While ground-floor access is a positive, the requirement for upgrading, potential heating system replacements, and annual management fees of €1,800 require careful consideration for those on a fixed retirement income.

    5/10

Work

3 areas
  • Remote Working

    With only two bedrooms and a combined living space, setting up a dedicated home office requires compromising on bedroom or living space.

    5/10
  • Hybrid Commuting

    The central city location provides excellent convenience for accessing transport links and commuting when needed.

    8/10
  • Retired

    Convenient for city amenities, but prospective buyers should factor in management fees and the potential need for property upgrades.

    5/10

Practical

8 areas
  • Minimalist Design

    The compact 59 m² floor area naturally lends itself to minimalist living, provided clutter is carefully managed.

    6/10
  • Ageing in Place

    Ground-floor access is a major advantage for mobility, though the property's need for modernisation and upgrading should be evaluated.

    6/10
  • Low Maintenance

    As an apartment with management fees of €1,800 per annum covering shared upkeep, exterior maintenance is reduced, though internal upgrading is required.

    6/10
  • Secure Gated Entry

    The property features own-door access via Lelia Street rather than a fully secure gated communal complex; security arrangements should be verified.

    4/10
  • Flexible Floor Plans

    With a fixed layout comprising a kitchen/dining/living space, two bedrooms, and one bathroom across 59 m², flexibility for major layout changes is minimal.

    3/10
  • Heritage Home

    Situated in a traditional Georgian-named setting near the city centre, though buyers should verify the specific historical status of the building itself.

    4/10
  • Ecological Setup

    The BER rating of E2 indicates poor energy efficiency, and the listing notes that a new heating system might be needed, meaning green credentials are low out-of-the-box.

    3/10
  • Outdoor areas

    Outdoor space is restricted to a shared rear yard with access onto Lelia Street, offering limited private amenity space despite being opposite O'Brien's Park.

    3/10

Interests

9 areas
  • Gardening

    Outdoor space is restricted to a shared rear yard with access onto Lelia Street, offering virtually no private garden setup.

    2/10
  • Walking

    The location directly across from O'Brien's Park offers a great opportunity for evening strolls, and being within walking distance of city amenities supports an active walking lifestyle.

    8/10
  • Gym

    Proximity to the city centre provides good access to commercial fitness facilities, though none are specifically attached to the building.

    6/10
  • Cycling

    The central location makes cycling around the city practical, though secure bike storage within the compact 59 m² footprint should be verified.

    7/10
  • Golf

    While golf clubs are accessible within the wider Limerick area, there are no immediate course facilities on the doorstep.

    4/10
  • Fishing

    Proximity to the River Shannon offers potential access to local angling spots, requiring a short commute or travel.

    4/10
  • Horse Riding

    An urban city-centre apartment is entirely incompatible with keeping or regularly visiting horses.

    1/10
  • Water Sports

    The proximity to the River Shannon provides some scope for local water-based activities, though options are primarily urban.

    4/10
  • Entertaining

    The combined kitchen, dining, and living area within a 59 m² floor plan leaves very limited room for hosting guests comfortably.

    3/10

Lifestyle

5 areas
  • Quiet Living

    Being positioned directly within Limerick City Centre means exposure to urban sounds, traffic, and general city activity rather than a quiet retreat.

    4/10
  • Rural Living

    This is a strictly urban, city-centre property with shared rear yard space and no rural characteristics.

    1/10
  • Village Living

    While local shops and services are within walking distance, the immediate environment is distinctly urban rather than a suburban or village setting.

    4/10
  • Coastal Living

    The property is located inland in Limerick City with no proximity to the coast.

    1/10
  • Urban Living

    Ideally positioned within walking distance of Limerick City Centre, the Limerick School of Art & Design, and local amenities, this location is tailor-made for city-centre living.

    9/10

Social

6 areas
  • Community Involvement

    City-centre living offers various community groups and civic engagement opportunities, though local neighbourhood ties may be less traditional than in suburban areas.

    5/10
  • Café Culture

    Being within walking distance of Limerick City Centre places numerous cafés, restaurants, and social spots easily within reach.

    8/10
  • Nightlife

    The central location ensures great access to pubs, clubs, and evening entertainment venues.

    8/10
  • Health/Wellness groups

    Proximity to urban wellness centres, gyms, and pilates & stretching studios is generally strong in the city centre.

    7/10
  • Networking Opportunities

    A city-centre address places professionals close to business hubs and networking venues.

    8/10
  • Tech-Hub Connectivity

    Urban infrastructure supports good connectivity, though buyers should verify specific broadband speeds available at the address.

    7/10

Listing information

Agent
Sherry FitzGerald Limerick
Phone
061 418 000
Current status
active
Published on HouseDelve
19 October 2026
Correction
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Property reference: HD-6A9653HouseDelve · 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.