
40 Morgan Street, Waterford City, WaterfordX91E5AA
€219,000
3 Bed~1 Bath~81 m²~BER E1
What you'll like:
- Hyper-convenient city location: Situated directly adjacent to the SuperValu Hypermarket Shopping Centre and Ballybricken, ensuring daily shopping and urban amenities are reachable on foot within minutes.
- Short city centre walk: Located right in the heart of Waterford City, meaning residents can easily walk to local offices, entertainment, dining, and retail services without relying on a car.
- Three generous bedrooms: Features three well-proportioned double bedrooms arranged over upper levels, offering unusual space flexibility compared to typical two-bedroom terraced homes in this urban district.
- Unusual three-floor layout: The vertical arrangement across three stories creates distinct separation of living and sleeping quarters, which enhances privacy and practical daily household functionality for occupants.
- Well presented condition: The interior is presented in very good condition throughout with modern laminate flooring, allowing a new owner to move in immediately without executing major renovation works.
- Double glazed windows: Fitted with double glazed windows which help retain internal warmth and provide a useful baseline barrier against urban street noise for city dwellers.
- Integrated kitchen appliances: The compact kitchen comes equipped with an integrated oven and hob, reducing immediate setup costs and effort for anyone moving into the property.
- Modern vanity shower room: The first-floor shower room is fully tiled and includes a contemporary vanity unit alongside an electric shower, offering functional and easy-to-clean daily washing facilities.
- Attractive entry price point: At €219,000, the asking price represents an accessible financial entry point for first-time buyers looking to secure a foothold in the Waterford property market.
- Strong rental appeal: Investors should find the central location and three double bedrooms highly attractive for potential tenants seeking urban convenience and proximity to local employment hubs.
- Established residential neighbourhood: Positioned on Morgan Street within a mature and established community, providing a settled urban environment with traditional neighbourhood character.
- Compact outdoor space: Includes a small rear yard that offers secure private outdoor storage space and a low-maintenance spot for drying clothes or keeping bins tucked away.
- Comfortable sitting room: Features a dedicated sitting room complete with window shutters and laminate flooring, creating a cozy and private environment for relaxing away from the kitchen areas.
- Separate dining room: Includes a distinct dining room adjacent to the kitchen, providing dedicated space for sit-down meals and social gatherings rather than relying strictly on kitchen dining.
- Established local agency: Being handled by Sole Agents Barry Murphy Auctioneers, buyers can benefit from direct local expertise and straightforward communication regarding the property and bidding process.
- Low maintenance exterior: The traditional terraced construction with a compact footprint minimizes garden upkeep, making it ideal for busy professionals or those seeking a lock-and-leave city base.
- Generous top floor suite: The second-floor bedroom is exceptionally large, measuring over four meters in both directions, making it an impressive primary suite or versatile multi-purpose studio space.
- Good natural light: The thoughtful room configurations and window placements allow decent light penetration throughout the main living areas, enhancing the overall internal ambiance.
- Proximity to services: Essential medical clinics, pharmacies, and public transport links are within a short radius, supporting independent living for residents of varying age groups.
- Clear accommodation sizing: Room dimensions are explicitly provided in the listing details, allowing buyers to plan furniture layouts accurately before scheduling physical walkthroughs or making offers.
But keep in mind:
- Poor BER rating: The property holds an E1 Building Energy Rating, which indicates poor thermal efficiency and signals that a buyer should budget for substantial insulation upgrades.
- Electric heating reliance: The home relies on electric heating systems, which can result in significantly higher monthly utility bills compared to modern gas or heat pump installations.
- High retrofit costs: Achieving a comfortable modern energy efficiency standard will require significant capital investment in external wall insulation, heating replacement, and draft-proofing measures.
- Lack of parking: Being a central city terrace on Morgan Street, the property lacks dedicated off-street parking, meaning buyers must investigate local authority parking permit rules.
- Small kitchen footprint: The kitchen measures just over two by two and a half meters, offering limited counter space and storage that may challenge buyers who enjoy extensive home cooking.
- Single bathroom constraint: With only one bathroom serving three double bedrooms, busy households may experience morning queues and scheduling friction during peak hours.
- Shower room on first floor: The sole shower room is located on the first floor while the primary bedroom is on the second floor, requiring residents to traverse stairs during the night.
- Small rear yard only: The external space is limited to a small yard without a traditional garden lawn, which may disappoint buyers looking for green outdoor recreational space.
- Stairs and vertical living: The three-story configuration involves multiple flights of stairs, which could present accessibility challenges for older occupants, families with toddlers, or anyone with limited mobility.
- Urban noise and activity: Situated in the heart of the city center near retail hubs, residents should investigate potential weekend and evening noise levels from traffic and nearby commercial zones.
- Terraced party wall obligations: As a mid-terraced structure, owners share party walls on both sides, meaning future soundproofing or structural renovations will require careful coordination with neighbors.
- Lack of structural history: The listing provides no details regarding past structural surveys, roof condition, or damp treatments, necessitating a comprehensive independent structural inspection before purchasing.
- Potential restricted ventilation: Buyers should verify that all three floors and the shower room feature adequate mechanical or natural ventilation to prevent condensation and moisture buildup.
- Electrical system verification: Given the E1 energy rating and traditional nature of the area, buyers should commission an electrician to verify that the fuse board and wiring meet modern safety standards.
- Plumbing pressure check: The electric shower and bathroom fixtures should be checked during survey to ensure water pressure and drainage operate efficiently across multiple levels.
- Waste and bin management: A small rear yard with city-center terraced access can make moving refuse bins to the street on collection days physically awkward and spatially restrictive.
- Limited storage rooms: Beyond bedroom floor space, the property lacks dedicated internal storage cupboards or hot presses mentioned in the description, which may impact household organization.
- Window shutter condition: While shutters are noted in the sitting room, buyers should inspect their mechanical condition and thermal sealing capabilities during the physical viewing.
- Resale liquidity factors: The niche appeal of a three-story, one-bathroom terraced house with an E1 BER rating should be considered carefully regarding future long-term capital growth potential.
- Legal title and boundaries: Buyers must instruct their solicitor to thoroughly verify the exact legal boundaries of the rear yard and check for any historical rights of way or shared alley access.
Price positioning
?
- The asking price appears somewhat overvalued when compared against historical transaction data for properties situated along the exact same urban street corridor in recent years.
- Upward pricing signals are driven by the central city location, three-floor layout, and a generally good presentation throughout, though these must be balanced against historical norms.
- Factors that could support such an elevated asking price include ongoing urban regeneration trends and strong demand for compact city centre residential units among buyers.
- Conversely, potential underperformance in energy efficiency represented by a low BER rating could significantly undermine the justification for this premium pricing level.
Build Analysis
What we know from similar construction types
- The property is an older terraced home arranged over three storeys with an 81 m² floor area, which is an unconventional layout for traditional terraced houses in the area and should be inspected for vertical flow and structural alterations.
- The listing notes electric heating and double-glazed windows, but a buyer should investigate the age and efficiency of the electric heating system, as well as insulation levels throughout the structure.
- Given its central location and terraced nature, a prospective buyer should check for party wall arrangements, roof condition, and any signs of damp or ventilation issues in the lower and upper levels.
Retrofit Cost*
Possible renovating / insulating expenditure
- The property has an E1 BER rating, indicating that a deep retrofit is required to bring it to a modern energy efficiency standard.
- A comprehensive deep retrofit including external or internal wall insulation, upgraded roof insulation, window and door replacements, and a modern renewable heating system (such as an air source heat pump) would likely cost between 40,000 and 60,000 euros, depending on contractor rates and grant availability.
Heating cost*
Estimated expense to heat this property every year
- Estimated annual heating cost is approximately €1,400 to €1,800.
- Explanation: The property has an E1 BER rating and utilizes electric heating over an 81 square meter floor area, which typically results in higher energy consumption compared to more energy-efficient homes.
Pollution Safe
8/10Environmental situation to investigate
Flood Safe
8/10Water overflow reports to follow up
- The property sits within an established urban residential setting elevated above major immediate watercourses, though local surface water pooling during extreme weather should be verified.
- Buyers are advised to check local authority strategic flood maps for comprehensive historical data on the wider area.
Recent Local Sales
Verified residential transactions published in the previous five years
Sales on the same street or estate
10 MORGAN ST, WATERFORD CITY, WATERFORD
- Sale date
- Declared sale price
- €159,000.00
10 MORGAN ST, WATERFORD CITY, WATERFORD
- Sale date
- Declared sale price
- €159,000.00
43 MORGAN ST, WATERFORD CITY, WATERFORD
- Sale date
- Declared sale price
- €172,000.00
Recent sales in the wider Waterford City area
146 MCDERMOTT ROAD, CORK ROAD, WATERFORD CITY
- Sale date
- Declared sale price
- €260,000.00
8 MOYNE HOUSE, GRATTAN QUAY, WATERFORD CITY
- Sale date
- Declared sale price
- €2,448,356.00
APT 5 BLOCK 4 ROCKSHIRE HOUSE APTS, ROCKSHIRE RD, WATERFORD CITY
- Sale date
- Declared sale price
- €173,000.00
1 PLEASANT DRIVE, MOUNT PLEASANT, WATERFORD CITY
- Sale date
- Declared sale price
- €600,000.00
SPRINGDALE, URSULINE RD, WATERFORD CITY
- 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
40 MORGAN ST, WATERFORD, WATERFORD
- Sale date
- Declared sale price
- €117,000.00
Buyer fees*
Associated expenses guide
- Stamp duty: Approximately €2,190 based on 1% of the asking price of €219,000 for residential property under €1 million.
- Solicitor legal fees: Estimated between €1,500 and €2,500 plus VAT and outlays.
- Land registration fees: Approximately €175 to €700 depending on the application type and value.
- Property valuation fees: Around €150 to €300 for mortgage purposes.
- Surveyor fees: Between €400 and €800 depending on the level of detail required for a structural survey.
- Annual home insurance: Approximately €400 to €700 depending on the policy level and provider.
Forum Talk
What people are saying about this area
- Locals on community forums frequently highlight Morgan Street and the Ballybricken area for its excellent central convenience and walkability to city centre amenities.
- Residents note that parking can occasionally be competitive in the immediate vicinity due to the high density of traditional terraced housing.
- Community discussions often praise the proximity to local shopping facilities like the nearby SuperValu Hypermarket for daily convenience.
- The ongoing regeneration and general improvements around Waterford City centre are regularly discussed positively by local homeowners.
LifeFit Assessment
How well this property may suit your lifestyle
Family
7 areas- Young Children5/10
The property is spread over three floors with stairs, which can present a challenge for very young children. There is only a small rear yard rather than a safe, enclosed lawn.
- Teenagers6/10
The three-bedroom layout provides reasonable space, and the central city location gives teenagers good independence, though storage for bulky items might be limited.
- Multi-generational Living3/10
With a floor area of 81 square meters across three floors and only one bathroom, multi-generational living would feel cramped and lack privacy.
- Single Buyers9/10
An ideal setup for a single buyer looking for an affordable, centrally located city home with manageable upkeep and spare rooms for guests or an office.
- Couples9/10
Offers great convenience and plenty of space for a couple starting out or looking for a central base close to city amenities.
- Empty Nesters7/10
Low maintenance and close to shops, but the three-story layout and stairs may become less practical as buyers age.
- Retirees6/10
Super convenient for city amenities and shopping, but stairs across three levels and electric heating might not suit everyone in later years.
Work
3 areas- Remote Working7/10
With three bedrooms, there is good potential to set up a dedicated home office, depending on broadband speeds, which the buyer should verify.
- Hybrid Commuting9/10
Centrally located in Waterford City with great access to local transport links for hybrid commuters.
- Retired7/10
Shops and services are within walking distance, making daily errands very straightforward for retirees.
Practical
8 areas- Ageing in Place4/10
The three-story layout with stairs and electric heating may not be ideal for long-term ageing in place without modification.
- Low Maintenance8/10
A terraced house with a small rear yard means very minimal exterior upkeep is required.
- Secure Gated Entry2/10
This is a standard street-front terraced property without gated security or a private driveway.
- Minimalist Design6/10
Compact footprint across three floors lends itself to a streamlined living style, though storage needs careful planning.
- Flexible Floor Plans6/10
Traditional terraced layout with defined rooms across three levels, offering bedrooms that can double as office space.
- Heritage Home5/10
Located in an established city street, though specific historic or protected status should be verified by the buyer.
- Ecological Setup3/10
The property carries an E1 BER rating, indicating that energy efficiency upgrades would be beneficial to improve its ecological footprint.
- Outdoor areas3/10
Limited strictly to a small rear yard with no lawns or expansive private garden areas.
Interests
9 areas- Gardening2/10
There is only a small rear yard with no substantial garden space for extensive planting or cultivation.
- Walking9/10
Fantastic location for urban walking, with city centre amenities and local services within a short stroll.
- Gym8/10
Proximity to the city centre ensures easy access to various fitness facilities and commercial gyms.
- Cycling7/10
Good connectivity for cycling around the city centre, though city traffic requires standard urban caution.
- Golf5/10
Golf courses can be reached within a short drive from the city, but none are immediately on the doorstep.
- Fishing5/10
Waterford's river and nearby coastal areas offer fishing opportunities, requiring short trips out of the immediate city centre.
- Horse Riding3/10
Equestrian facilities are located in the wider rural surroundings rather than close to this central city address.
- Water Sports5/10
Access to local river and coastal water sports requires travel outside the immediate city centre.
- Entertaining6/10
Features a separate sitting room and dining room on the ground floor, though the kitchen is compact and the outdoor space is limited to a small yard.
Lifestyle
5 areas- Quiet Living4/10
Located right in the heart of Waterford City adjacent to a shopping centre, meaning urban noise levels will be higher than in suburban areas.
- Rural Living1/10
This is a strictly urban terraced property with no rural characteristics or open countryside views.
- Village Living5/10
While urban, the local area around Ballybricken has a distinct community feel, though it is fundamentally city living.
- Coastal Living4/10
Waterford City is near coastal inlets and the river, but the immediate property setting is entirely urban.
- Urban Living10/10
Positioned right in the heart of Waterford City within a short walk of shops, services, and the hypermarket.
Social
6 areas- Community Involvement7/10
Established city neighborhood close to Ballybricken with local community ties and activities nearby.
- Café Culture9/10
Being right in the heart of Waterford City puts a wide selection of cafes, pubs, and restaurants within easy walking distance.
- Nightlife9/10
Excellent proximity to city centre entertainment venues, pubs, and restaurants.
- Health/Wellness groups8/10
Easy access to pilates & stretching studios, gyms, and wellness centers throughout the city.
- Networking Opportunities8/10
Central city location supports professional and social networking within the urban center.
- Tech-Hub Connectivity7/10
Urban location should support reliable connectivity, though buyers should verify specific broadband speeds.
Listing information
- Agent
- Barry Murphy Auctioneers Ltd
- Phone
- 051 858 444
- Published on HouseDelve
- 16 September 2026
- Correction
- Report an issue
HD-AE9700HouseDelve · 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.