
47 Cassian Court, Royal Canal Park, Dublin 15, Ashtown
€330,000
2 Bed~1 Bath~BER C2
What you'll like:
- Pelletstown Train Station Proximity: Situated very close to the local train station, offering direct and rapid commuter access straight into Dublin city centre for working professionals.
- Established Residential Community: Located within a well-regarded master-planned development surrounded by established local amenities, convenience stores, and green spaces.
- Underground Parking Space: Includes one designated parking space in a secure subterranean garage, adding considerable convenience and daily utility in this urban location.
- Third Floor Elevation: Positioned on the third floor of a four-storey building, which typically provides better natural light and enhanced privacy compared to lower levels.
- Decent Interior Footprint: Extends to approximately 68 square metres, offering a practical and comfortable layout for a standard two-bedroom apartment configuration.
- Strong Rental Income: Currently generates 21,600 euro per annum in rental revenue, delivering an immediate and measurable cash flow stream for an incoming investor.
- Active Tenancy in Place: Sold subject to an existing tenancy, allowing a buy-to-let purchaser to bypass initial void periods and tenant-finding expenses entirely.
- Clear Asking Price: The initial guiding price remains static at 330,000 euro, providing straightforward baseline expectations for interested bidders and mortgage applicants alike.
- Apartment Size Profile: Providing roughly 732 square feet of living space, the property meets typical sizing standards for modern two-bedroom metropolitan apartment stock.
- Manageable Scale Building: Arranged over ground and four upper floors, avoiding the massive density and high lift-maintenance risks associated with high-rise towers.
- Canal-Side Environment: Positioned within the broader Royal Canal Park area, giving residents pleasant walking and cycling paths right alongside the scenic waterway.
- Established Neighbourhood Profile: The surrounding area features mature residential infrastructure, reducing the uncertainty often found in purely speculative greenfield developments.
- Public Transport Integration: Excellent proximity to suburban rail infrastructure reduces reliance on private vehicles and supports long-term property liquidity.
- Investment Yield Potential: Based on the current rent of 21,600 euro and asking price, the gross yield sits near 6.5 percent, which appeals to yield-focused landlords.
- Immediate Income Generation: Revenue commences from day one of completion, removing the typical lag associated with preparing an empty unit for the rental market.
- Standard Two-Bed Layout: The two-bedroom and one-bathroom configuration caters directly to the highest-demand segment of the local urban rental market.
- Online Auction Platform: The property is offered via an online platform, ensuring a transparent, structured, and legally binding bidding process for serious buyers.
- Known Energy Rating: Possesses a C2 BER rating, offering a clear baseline for potential energy efficiency upgrades without guessing about thermal performance.
- Professional Management Structure: The development features an established management company framework to handle common area upkeep, refuse, and structural insurance.
- Dublin 15 Address: Located in a highly sought-after north-west Dublin postal district known for strong tenant demand and stable long-term capital appreciation trends.
But keep in mind:
- High Annual Service Charges: The management fee is 2,388 euro per annum, which represents a significant ongoing overhead that will directly impact your net rental yield.
- Mediocre BER Rating: The C2 energy rating indicates potential thermal inefficiencies, meaning the buyer should budget for insulation or heating upgrades to improve comfort.
- Tenanted Property Complications: Buying a property subject to an existing tenancy limits immediate owner-occupier use and requires careful legal review of the lease terms.
- Single Bathroom Constraint: Features only one bathroom for two bedrooms, which may create morning congestion and slightly reduce long-term tenant appeal.
- Static Pricing Strategy: The asking price has remained completely unchanged at 330,000 euro, suggesting the seller may be firm on price with limited room for negotiation.
- Unverified Lease Stability: Buyers must thoroughly investigate the payment history, deposit protection, and exact contractual status of the current tenants before closing.
- Management Fee Inflation: Annual service charges of nearly 2,400 euro are susceptible to future increases, which could outpace rental growth and erode net returns.
- Elevator Dependency Risk: As a third-floor apartment in a multi-storey block, residents are heavily reliant on lift functionality for groceries, moving, and accessibility.
- Common Area Maintenance: Buyers should review the management company sinking fund balance through their solicitor to ensure adequate reserves for major future repairs.
- Tenant Eviction Hurdles: If an owner-occupier wishes to move in, navigating tenancy legislation to secure vacant possession can be legally complex and time-consuming.
- Energy Upgrade Costs: Achieving a higher BER rating to future-proof the asset against stricter regulations will require capital expenditure beyond the purchase price.
- Parking Space Assignment: The buyer's solicitor must verify that the designated underground parking space title is fully compliant and free of encumbrances.
- Lack of Private Outdoor Space: The listing details do not prominently feature a private balcony or terrace, which is a desirable amenity for modern apartment dwellers.
- Auction Closing Pressure: Buying through an online auction platform typically requires a non-refundable deposit upon winning, leaving little room for post-bid delays.
- Financing Complexities: Purchasing a tenanted investment property often requires specific buy-to-let mortgage products that carry stricter lending criteria and higher rates.
- Floor Area Discrepancy Risk: The stated floor area of 68 square metres is based on estimated data, so the buyer should commission a surveyor to confirm exact dimensions.
- Rental Rent Pressure Zone: The property is likely located within a Rent Pressure Zone, capping the landlord's ability to raise rents in line with open market rates.
- Potential Deferred Maintenance: Buyers should inspect the wider building exterior and shared hallways for signs of deferred maintenance by the management company.
- Acoustic Insulation Concerns: Third-floor apartments in multi-storey blocks can sometimes suffer from impact noise transmission from upper units or stairwells.
- Limited Price Flexibility: The absence of any recorded price reductions in the tracking history suggests the seller's agent has little appetite for early discounting.
Price positioning
?
- The asking price appears undervalued because it sits noticeably beneath recent recorded figures for similar apartments in the immediate vicinity, signaling a potentially aggressive marketing strategy designed to attract competitive bidding.
- Valuation signals show a strong gross rental yield backed by a verified annual rental income of twenty one thousand six hundred euros, making the asset particularly attractive to investor profiles.
- Factors that could support this pricing include high management fees and a C2 energy rating requiring capital expenditure, while robust tenant demand and rail connectivity could easily undermine initial caution by driving competitive tension.
- The stable asking-price history observed since early October suggests a fixed-price strategy typical of online auction platforms rather than an exploratory overvaluation approach, increasing transparency for potential buyers.
Build Analysis
What we know from similar construction types
- The property is a third-floor two-bedroom apartment within a building arranged over ground and four upper floors, extending to approximately 68 sq. m (732 sq. ft).
- A designated underground parking space is included, which should be verified regarding exact allocation and security measures.
- The annual management fee is stated as 2,388 euros, and buyers should investigate what services, insurance, and sinking fund provisions are covered by this charge.
- The listing notes the property is subject to a tenancy yielding 21,600 per annum, so prospective buyers should investigate tenant lease terms, deposit handling, and compliance with local rental regulations.
Heating cost*
Estimated expense to heat this property every year
- Estimated annual heating cost is around 800 euro to 1,200 euro.
- Explanation: Based on a BER rating of C2 and an apartment floor area of approximately 68 square meters, heating consumption is moderate compared to larger detached homes, though actual costs will vary depending on occupant habits and energy provider rates.
Pollution Safe
9/10Environmental 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
28 CASSIAN COURT SOUTH, ROYAL CANAL PARK, ASHTOWN
- Sale date
- Declared sale price
- €375,000.00
2 LOCKKEEPERS WALK, ROYAL CANAL PARK, ASHTOWN DUBLIN 15
- Sale date
- Declared sale price
- €450,000.00
18 CASSIAN COURT SOUTH, ROYAL CANAL PARK, ASHTOWN
- Sale date
- Declared sale price
- €343,000.00
20 CASSIAN COURT SOUTH, ROYAL CANAL PARK, ASHTOWN
- Sale date
- Declared sale price
- €372,000.00
30 CASSIAN COURT SOUTH, ROYAL CANAL PARK, ASHTOWN
- Sale date
- Declared sale price
- €347,000.00
Recent sales in the wider Dublin 15 area
113 GEORGIAN VILLAGE, CASTLEKNOCK, DUBLIN 15
- Sale date
- Declared sale price
- €2,450,000.00
10 PARK BOULEVARD, TYRELLSTOWN, DUBLIN 15
- Sale date
- Declared sale price
- €325,000.00
27 LUTTREL PARK DRIVE, CASTLEKNOCK, DUBLIN 15
- Sale date
- Declared sale price
- €500,000.00
9 THE GLADE, HUNTERS RUN, CLONEE DUBLIN 15
- Sale date
- Declared sale price
- €365,000.00
62 PARK DRIVE GREEN, CASTLEKNOCK, DUBLIN 15
- Sale date
- Declared sale price
- €590,000.00
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 for properties under 1 million euro, translating to about 3,300 euro for a 330,000 euro purchase.
- Solicitor legal fees: roughly 1,500 euro to 2,500 euro plus VAT and outlays.
- Land registration fees: typically around 170 euro to 700 euro depending on the registration type and value.
- Property valuation fees: generally between 150 euro and 300 euro for mortgage or purchase assessment.
- Surveyor fees: estimated between 500 euro and 1,000 euro for a structural survey on an apartment.
- Annual home insurance: approximately 300 euro to 600 euro per year for apartment contents and liability cover.
Forum Talk
What people are saying about this area
- Residents frequently discuss the convenience of living near Pelletstown Train Station for direct commuting into Dublin City Centre.
- Community forums often highlight the active management companies overseeing apartment blocks within Royal Canal Park.
- Local discussions point to ongoing neighborhood developments and shared amenities across the Ashtown area.
- Commuters share tips regarding peak-time travel routes and local parking arrangements within the development.
LifeFit Assessment
How well this property may suit your lifestyle
Family
7 areas- Young Children3/10
The third-floor apartment setting with limited outdoor play areas immediately adjacent makes it less than ideal for raising young children, though local parks in the wider Royal Canal Park development offer some respite.
- Teenagers4/10
Two bedrooms provide limited space for growing teenagers, but the proximity to Pelletstown Train Station offers good transport independence for older youths.
- Multi-generational Living2/10
At approximately 68 sq. m, the two-bedroom layout lacks the physical space and privacy required for multi-generational households.
- Single Buyers9/10
The two-bedroom configuration and apartment setup make it an exceptionally strong match for single professionals looking for manageable urban living near train links.
- Couples8/10
An efficient layout offering a comfortable home for couples starting out or investing, with easy access to Dublin city centre.
- Empty Nesters6/10
Apartment living offers low-maintenance benefits, though reliance on upper floors via elevator or stairs should be considered for long-term comfort.
- Retirees5/10
While manageable in terms of maintenance, the third-floor location requires reliance on building lifts, and buyers should verify elevator reliability for aging in place.
Work
3 areas- Remote Working8/10
The second bedroom can easily serve as a dedicated home office, supporting remote work arrangements.
- Hybrid Commuting9/10
With Pelletstown Train Station close by offering direct access into Dublin City Centre, hybrid commuters will find the location highly convenient.
- Retired5/10
Suitable for retirement from a maintenance perspective, though third-floor living requires consideration of lift access.
Practical
8 areas- Ageing in Place4/10
Third-floor apartment living presents challenges for long-term aging in place unless elevator access is consistently reliable.
- Low Maintenance9/10
Apartment living ensures exterior maintenance, roofing, and grounds upkeep are managed centrally via the management company, which levies an annual fee of 2,388.
- Secure Gated Entry7/10
Apartment complex security features and a designated underground parking space offer a secure environment.
- Minimalist Design8/10
The 68 sq. m footprint naturally lends itself to a streamlined, minimalist lifestyle.
- Flexible Floor Plans5/10
Standard two-bedroom apartment layout with fixed partitioning offering limited structural flexibility.
- Heritage Home1/10
This is a modern apartment development rather than a period or heritage property.
- Ecological Setup5/10
Carried a C2 BER rating, indicating that energy efficiency is average and may benefit from future upgrades.
- Outdoor areas3/10
Lacks a private balcony or garden, relying entirely on shared communal grounds and nearby public parks.
Interests
9 areas- Gardening1/10
As a third-floor apartment with no private garden space, traditional gardening opportunities are virtually non-existent.
- Walking7/10
The canal pathways nearby provide pleasant routes for daily walks and recreational strolling.
- Gym6/10
Proximity to local neighborhood amenities and developments usually includes fitness options, though buyers should verify specific local gym facilities.
- Cycling7/10
Flat terrain and developing urban infrastructure support cycling into the city centre and along the canal paths.
- Golf4/10
There are golf courses in the broader Dublin 15 region, but none immediately on the doorstep.
- Fishing3/10
The Royal Canal offers coarse fishing potential, though urban restrictions and accessibility should be verified.
- Horse Riding1/10
An urban apartment setting is entirely unsuited for horse riding pursuits.
- Water Sports2/10
While near the canal, water sports options are extremely limited compared to coastal or major river locations.
- Entertaining5/10
The open-plan living and kitchen area accommodates small gatherings, but the two-bedroom footprint limits large-scale entertaining.
Lifestyle
5 areas- Quiet Living5/10
Being in an apartment complex in Royal Canal Park means standard urban and communal noise levels, though upper-floor placement helps mitigate street-level disturbances.
- Rural Living1/10
This is a distinctly urban apartment setting with zero rural characteristics.
- Village Living6/10
The Royal Canal Park area fosters a distinct community feel with local amenities and convenience stores nearby, offering a micro-village vibe within the city.
- Coastal Living1/10
The location is firmly inland in Dublin 15 with no coastal proximity.
- Urban Living8/10
Excellent urban setup with direct access to Dublin City Centre via the nearby Pelletstown Train Station.
Social
6 areas- Community Involvement6/10
The Royal Canal Park development has an active local resident community and neighborhood association presence.
- Café Culture6/10
Local commercial spaces within the development provide neighborhood cafés, with more extensive options a short trip away.
- Nightlife4/10
Local nightlife is quiet, requiring residents to travel into central Dublin for a wider array of pubs and clubs.
- Health/Wellness groups6/10
Local fitness classes, pilates & stretching groups, and wellness meetups operate within the wider Dublin 15 and canal community.
- Networking Opportunities5/10
Proximity to tech and business hubs via the train line aids professional networking, though local opportunities are primarily residential.
- Tech-Hub Connectivity8/10
Strong commuter links to major Dublin tech and financial centers make this a convenient base for tech sector workers.
Listing information
- Agent
- BidX1 Ireland Ltd
- Phone
- 01 6673388
- Published on HouseDelve
- 7 October 2026
- Correction
- Report an issue
HD-261831HouseDelve · Republic of IrelandReport 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.