Photograph 1 of 13 of 32 Millstream , Dundalk, Louth
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32 Millstream , Dundalk, LouthA91EY74

€265,000

2 Bed~2 Bath~73 m²~BER C2

What you'll like:

  • Prime central location: Situated in the heart of Dundalk, this property offers unmatched convenience to local shops, restaurants, and essential urban amenities. This ensures strong daily lifestyle appeal for future occupants.
  • Penthouse level living: Occupying a top-floor penthouse position means residents can enjoy elevated views, reduced overhead noise disturbances, and an exclusive top-floor atmosphere. This adds a distinct touch of luxury.
  • Communal rooftop terrace: The building features a shared rooftop terrace serviced by a lift, providing an accessible outdoor retreat that can be enjoyed throughout the year. It expands your usable leisure space significantly.
  • Gated security features: Access is strictly controlled via electric vehicle and pedestrian gates, enhancing personal safety and vehicular security for all residents living within the complex. This provides wonderful peace of mind.
  • Dedicated parking included: The development provides private parking spaces for all residents, eliminating the daily stress of searching for on-street vehicle accommodation in the town center. This is a very valuable practical perk.
  • Secure bicycle shelter: A designated bike shelter is available on-site, offering a safe and protected storage option for cycling enthusiasts or daily commuters. This encourages active and sustainable urban transport choices.
  • Lift service availability: Both apartment blocks are fully serviced by a lift running from the ground floor to the rooftop, ensuring effortless accessibility for all mobility levels. This makes everyday grocery hauling completely seamless.
  • Immediate vacant possession: The property is currently vacant and ready for immediate occupancy, allowing buyers to bypass lengthy chain delays or tenant notice periods. You can move in or rent it out right away.
  • Turnkey fully furnished: Offered as a fully furnished package, it saves buyers significant time and upfront capital otherwise needed to source furniture and major decor elements. This simplifies the moving process entirely.
  • Strong rental yield potential: Previously achieving a monthly rent of 1,500 euros, the property demonstrates a proven history of solid income generation for prospective buy-to-let investors. This makes it an attractive commercial asset.
  • Generous floor area: Spanning 73 square meters, the layout offers a comfortable amount of space for a two-bedroom apartment, avoiding cramped living conditions. Every square meter is efficiently utilized.
  • Open plan living space: The expansive kitchen, dining, and living room measures over seven meters in length, creating a brilliant communal hub for modern entertaining and relaxation. This layout feels bright and airy.
  • Large sliding glass doors: Floor-to-ceiling glass doors flood the main living area with natural daylight while offering seamless visual and physical access to the private balcony. This enhances the indoor-outdoor flow nicely.
  • Private balcony space: Measuring nearly five meters long, the outdoor balcony provides a dedicated spot for fresh air and morning coffee without leaving your home. It acts as a lovely private outdoor extension.
  • En-suite master bedroom: The primary bedroom features a private en-suite bathroom, adding an extra layer of personal privacy and convenience for the occupants. This reduces morning congestion over bathroom facilities.
  • Second double bedroom: The layout includes a well-proportioned second double bedroom, ensuring the property easily accommodates guests, family members, or shared living arrangements. Both rooms are functional and bright.
  • Dedicated utility room: A separate utility and store room helps keep washing machines and household clutter hidden away from the main living spaces. This preserves a clean and organized aesthetic throughout.
  • Modern energy rating: The C2 energy rating indicates reasonable thermal efficiency for an apartment, helping to keep heating bills manageable during winter months. It represents a solid baseline for property performance.
  • Strong first-time buyer fit: With two bedrooms, two bathrooms, and a central location, it serves as an ideal starter home for individuals entering the property market. It balances affordability with lifestyle perks.
  • Upmarket complex reputation: Millstream is recognized as an upmarket residential development, which historically helps safeguard asset value and community maintenance standards. This contributes positively to long-term desirability.

But keep in mind:

  • Management company fees: As a gated apartment complex with lifts and rooftop terraces, expect ongoing annual service charges that can fluctuate and impact your yearly holding costs. Buyers must review these accounts carefully.
  • BER C2 limitations: While decent, a C2 energy rating falls short of top-tier efficiency, meaning future upgrades like insulation or windows might be needed to achieve lower carbon footprints. You should factor potential retrofit costs into your budget.
  • Top-floor heat exposure: Penthouse apartments can sometimes experience higher solar gain during peak summer months, potentially making the living spaces uncomfortably warm without air conditioning. Verify solar orientation and ventilation.
  • Lift dependency risk: Relying on a lift to access your top-floor home means any mechanical breakdowns or scheduled maintenance will temporarily restrict vertical mobility. Consider how service outages might impact your daily routine.
  • Service charge arrears risk: Buying into a managed block requires checking the sinking fund status to ensure major future repairs like roof works are fully funded. Ask your solicitor to investigate the owners management company records.
  • Shared amenity wear: Communal areas like the rooftop terrace and gated entrances are subject to heavy usage by other residents, which relies entirely on effective collective upkeep. Poor management can lead to neglected common spaces.
  • Balcony maintenance liability: While you enjoy private outdoor space, the structural integrity and exterior waterproofing of the balcony usually fall under communal building obligations. Clarify who covers specific maintenance repairs.
  • No private garden: Unlike suburban houses, this apartment lacks a private lawn or enclosed garden space, limiting options for outdoor pet owners or avid gardeners. Your outdoor footprint is restricted to the balcony.
  • Urban noise exposure: Being located in the heart of Dundalk means potential ambient noise from surrounding town traffic, pedestrians, and nearby nightlife venues. Test the acoustic insulation during different times of day.
  • Parking space allocation: Buyers must verify whether the private parking comes with a legally deeded space or a designated permit system that could change over time. Confirm exact parking rules with the managing agent.
  • Bike shelter security: While a bike shelter is provided, shared storage sheds in apartment complexes can occasionally be vulnerable to opportunistic theft or vandalism. Ensure you use high-grade locks for personal bicycles.
  • En-suite spatial limits: The master en-suite bathroom is relatively compact at under two square meters, which might feel tight for daily use. Check if the layout meets your personal comfort preferences.
  • Second bathroom sizing: The main bathroom is also quite compact, meaning space for storage and maneuverability is limited compared to detached family homes. Assess how well it suits your household requirements.
  • Utility room capacity: The designated utility and store room is quite small, potentially restricting the placement of larger modern laundry appliances or bulk household storage items. Measure your appliances against the listed dimensions.
  • Rental cap considerations: For investors, local rental legislation and potential Rent Pressure Zone rules might cap future rent increases, impacting long-term yield projections. Consult local letting regulations before finalizing calculations.
  • Future development surroundings: Town-center locations often experience nearby construction or redevelopment projects that could alter views, traffic patterns, and local noise levels. Check local planning registers for upcoming projects.
  • Management rules restrictions: Living in a managed complex often means adhering to strict bylaws regarding pets, subletting, rubbish disposal, and noise restrictions. Ensure these community rules align with your lifestyle.
  • Fire safety compliance: Multi-story apartment buildings require rigorous, up-to-date fire safety infrastructure and certification across all communal blocks. Your legal representative should thoroughly review the fire safety history.
  • Resale market liquidity: Penthouse apartments in regional towns target a specific niche of buyers, which could potentially extend selling times compared to standard three-bedroom suburban houses. Keep market liquidity in mind.
  • Unverified appliance condition: The listing notes that fixtures and appliances have not been tested by agents, meaning buyers could face immediate replacement costs upon moving in. Budget a modest reserve fund for unexpected appliance repairs.

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 overvalued compared with the available evidence.
  • Recent historical transactions within the same development show an upward trajectory, with comparable apartments selling up to €250,000 late last year.
  • The asking price of €265,000 aligns reasonably with recent transaction inflation and the penthouse status featuring a rooftop terrace.
  • Property records nearby on Distillery Lane demonstrate strong local demand, with recent multi-bed units achieving upwards of €305,000.
  • Buyers should verify whether the inclusion of full furnishings and historical rental yields of €1,500 monthly fully justify the premium.

Build Analysis

What we know from similar construction types

  • The property is a two-bedroom penthouse apartment located within a gated complex serviced by a lift and featuring a communal rooftop terrace.
  • As an apartment/penthouse configuration, a buyer should investigate management company fees, sinking fund balances, block insurance policies, and rules regarding the communal areas and rooftop terrace.
  • Given its penthouse status, vérifier potential issues relating to roof maintenance, insulation performance, and waterproofing of the large glass sliding doors and balcony.
  • Check fire safety compliance and sound insulation measures between floors and adjacent units within the apartment block.

Heating cost*

Estimated expense to heat this property every year

  • Estimated annual heating cost: Roughly €1,200 to €1,700.
  • Explanation: Based on the 73 m² floor area and a C2 Building Energy Rating (BER), energy consumption is moderate compared to older or lower-rated dwellings. Because it is an apartment with shared internal walls, heat loss is generally reduced, though actual expenses will vary depending on your choice of fuel/tariff, thermostat settings, and individual living habits.

Pollution Safe

8/10

Environmental situation to investigate

  • The property is located in an established central urban setting with no major heavy industrial facilities or active large-scale landfills immediately adjacent.
  • As with many urban town-centre locations, prospective buyers should investigate historical land use or legacy commercial activities in the surrounding district.

Flood Safe

8/10

Water overflow reports to follow up

  • General regional mapping indicates that standard urban residential blocks in this part of Dundalk are not typically highlighted as high-risk primary flood zones.
  • Buyers are advised to verify local drainage reports and check specific historical pluvial or fluvial flood risk assessments for the immediate street level.

Recent Local Sales

Verified residential transactions published in the previous five years

Sales on the same street or estate

  • 24 MILLSTREAM, DISTILLERY LANE, DUNDALK

    Sale date
    Declared sale price
    €190,000.00

Recent sales in the wider Dundalk area

  • 10 ABBEY COURT, LOUTH VILLAGE, DUNDALK

    Sale date
    Declared sale price
    €169,000.00
  • 14 SEATOWN, DUNDALK, LOUTH

    Sale date
    Declared sale price
    €220,000.00
  • 56 COLLEGE HEIGHTS, HOEYS LANE, DUNDALK

    Sale date
    Declared sale price
    €268,000.00
  • 31 FERAN DRIVE, LOUTH VILLAGE, DUNDALK

    Sale date
    Declared sale price
    €195,000.00
  • 433 ASHBROOK AVE, DUNDALK, LOUTH

    Sale date
    Declared sale price
    €245,000.00

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 €2,650, calculated at 1% of the asking price for residential property up to €1 million.
  • Solicitor legal fees: Generally range from €1,500 to €3,000 plus VAT (23%), dependent on the firm and complexity of conveyancing.
  • Land registration fees: Typically around €400 to €800 for registering ownership with the Land Registry (Tailte Éireann).
  • Property valuation fees: Around €150 to €300, often required by mortgage lenders prior to loan approval.
  • Surveyor fees: Roughly €350 to €600 depending on whether you opt for a basic structural valuation or a more detailed apartment survey/snag list.
  • Annual home insurance: Approximately €350 to €700 per year, varying based on the policy level and apartment complex insurance setup.

Forum Talk

What people are saying about this area

  • Locals discuss strong rental demand in central Dundalk, noting that well-located apartments near amenities frequently command solid rental figures like €1,500 per month.
  • Residents highlight that Distillery Lane is a convenient, central urban location offering easy access to shops, transport links, and local employment hubs.
  • Conversations regarding gated developments in the town often emphasize the benefits of security features such as electric gates, private parking, and designated bike storage.
  • Community forums frequently touch upon apartment living management fees and the advantages of shared complex facilities like rooftop terraces and lift access.

LifeFit Assessment

How well this property may suit your lifestyle

Family

7 areas
  • Young Children

    The property is a two-bedroom penthouse apartment with 73 m² of floor space, which offers limited indoor play space for growing young children. While lift access and a gated entry provide security, the lack of a private ground-level garden means children must rely on shared community spaces.

    4/10
  • Teenagers

    Two double bedrooms provide separate sleeping quarters, but sharing a compact 73 m² apartment with teenagers can feel restrictive. Its central location in Dundalk does offer good proximity to local amenities and public transport links for older kids.

    5/10
  • Multi-generational Living

    With only 73 m² and two bedrooms, this penthouse apartment lacks the spatial separation and capacity required to comfortably accommodate multiple generations under one roof.

    2/10
  • Single Buyers

    An exceptional layout for a single buyer looking for a modern, fully furnished penthouse in the heart of Dundalk. It features private parking, a designated bike shelter, two bathrooms, and lift access, making it very manageable and convenient.

    9/10
  • Couples

    Ideal for couples starting out or seeking an easy-to-maintain urban home. The open-plan kitchen, dining, and living area opens onto a balcony, and the master bedroom includes an en-suite bathroom.

    9/10
  • Empty Nesters

    Downsizers will appreciate the low-maintenance nature of apartment living, lift service, secure gated entry, and a communal rooftop terrace. The lack of stairs inside the single-level unit adds to its long-term appeal.

    8/10
  • Retirees

    Lift access from the ground floor to both the apartment and the communal rooftop terrace ensures step-free mobility. The secure gated environment and proximity to central Dundalk amenities suit a relaxed retirement lifestyle.

    8/10

Work

3 areas
  • Remote Working

    The second bedroom or the open-plan layout can easily accommodate a home office setup, though buyers should verify the local broadband infrastructure speeds to ensure suitability for heavy remote working.

    7/10
  • Hybrid Commuting

    Positioned centrally in Dundalk with private parking and good transport connectivity options nearby, making it well-suited for hybrid workers who commute periodically.

    8/10
  • Retired

    Single-level penthouse living with lift service, security gates, and close proximity to town conveniences makes this an attractive option for retirees wanting a lock-up-and-leave lifestyle.

    8/10

Practical

8 areas
  • Ageing in Place

    The apartment is single-level and fully serviced by a lift from the ground floor, removing interior stairs. However, buyers should verify if bathroom layouts or doorways can easily accommodate long-term mobility aids.

    7/10
  • Low Maintenance

    As a 73 m² penthouse apartment with communal exterior upkeep handled by management structures, maintenance requirements are minimal compared to a traditional house.

    9/10
  • Secure Gated Entry

    Millstream is a specifically noted gated complex featuring both electric vehicle gates and pedestrian gates, offering high security and peace of mind.

    10/10
  • Minimalist Design

    The clean apartment layout, open-plan living/kitchen spaces, and utility/store room lend themselves naturally to a streamlined, minimalist lifestyle.

    8/10
  • Flexible Floor Plans

    With a fixed 73 m² footprint consisting of two bedrooms, two bathrooms, and an open-plan living area, structural flexibility for altering rooms is relatively constrained.

    5/10
  • Heritage Home

    This is a modern, upmarket penthouse apartment complex rather than a period or heritage property.

    1/10
  • Ecological Setup

    Comes with a C2 BER energy rating, which means energy efficiency is average; buyers looking for high ecological performance may want to investigate upgrade potential.

    5/10
  • Outdoor areas

    While there is no private lawn, the property features a private balcony (4.83m x 1.43m) off the living space and access to a shared communal rooftop terrace usable year-round.

    6/10

Interests

9 areas
  • Gardening

    The property features a balcony and a communal rooftop terrace rather than a private garden plot, offering very minimal scope for traditional gardening aside from container plants.

    2/10
  • Walking

    The central town location makes it exceptionally easy to step out and enjoy urban walks, local streets, and nearby town amenities on foot.

    8/10
  • Gym

    Its central location provides convenient access to local fitness centers and commercial gyms in Dundalk town center.

    7/10
  • Cycling

    The inclusion of a designated bike shelter within the secure gated complex makes cycling a very practical option for getting around or storing equipment safely.

    8/10
  • Golf

    Dundalk features local golf facilities within reasonable driving distance, though the property itself is urban-based.

    6/10
  • Fishing

    While the wider Louth region offers angling opportunities, an urban penthouse apartment provides no immediate or specialized access to fishing spots.

    3/10
  • Horse Riding

    An apartment setting in the middle of town offers zero compatibility for keeping horses or accessing equestrian facilities nearby without traveling significantly.

    2/10
  • Water Sports

    Water sports options require traveling out toward Dundalk Bay or regional aquatic facilities, as the immediate property location is strictly urban.

    3/10
  • Entertaining

    The open-plan kitchen, dining, and living area flowing onto a balcony, alongside access to a communal rooftop terrace, provides good spaces for hosting small groups of guests.

    7/10

Lifestyle

5 areas
  • Quiet Living

    Situated in an upmarket complex in the heart of Dundalk, residents can expect typical urban or town-center ambient sounds rather than complete rural quiet, though upper-floor penthouse placement helps mitigate street noise.

    5/10
  • Rural Living

    This is a town-center penthouse apartment located in a built-up urban complex, offering none of the characteristics of rural living.

    1/10
  • Village Living

    While it provides close proximity to local conveniences, the setting is firmly urban/town-center rather than a quaint village community.

    4/10
  • Coastal Living

    Dundalk has proximity to coastal elements in the wider region, but this specific property is an inland town-center apartment with no direct coastal views or immediate seaside access.

    2/10
  • Urban Living

    Located right in the heart of Dundalk, this penthouse puts shops, services, and local town amenities within effortless reach. Features like secure gated entry, lift access, and a communal rooftop terrace complement an urban lifestyle.

    9/10

Social

6 areas
  • Community Involvement

    Town-center living offers plenty of avenues to plug into local community groups, volunteering, and civic activities in Dundalk.

    6/10
  • Café Culture

    Being right in the heart of Dundalk means a wide array of local cafés, coffee shops, and restaurants are just a short walk from your front door.

    9/10
  • Nightlife

    The central location places local pubs, bars, and evening entertainment venues within very easy walking distance.

    8/10
  • Health/Wellness groups

    Proximity to the town center allows convenient access to local pilates & stretching studios, wellness clubs, and healthcare practices.

    7/10
  • Networking Opportunities

    Urban positioning facilitates easy attendance at local business networks, professional meetups, and social gatherings.

    7/10
  • Tech-Hub Connectivity

    Situated in a regional hub town with reasonable access to services, though buyers should verify specific fiber broadband availability in the building.

    6/10

Listing information

Agent
Agent details not available.
Published on HouseDelve
4 September 2026
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Property reference: HD-233CBDHouseDelve · 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.