Photograph 1 of 20 of 5 Elm House, Drumgeely Hill, Shannon, Clare
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5 Elm House, Drumgeely Hill, Shannon, ClareV14XD78

€140,000

1 Bed~1 Bath~43 m²~BER B

What you'll like:

  • Energy efficient rating: The property boasts a strong B energy rating, which indicates lower heating costs and better overall insulation for the eventual buyer.
  • Compact floor area: Measuring 43 square meters, this first-floor apartment offers an easily manageable footprint that requires minimal upkeep and cleaning effort.
  • Proximity to airport: Being located within walking distance of Shannon Airport makes this home exceptionally convenient for frequent flyers or aviation sector employees.
  • Employment hub proximity: The short distance to the Shannon Free Zone ensures strong appeal for working professionals looking to minimize their daily commuting times.
  • Scenic estuary views: Residents can enjoy pleasant views of the Shannon Estuary directly from the property, enhancing the daily living experience.
  • Outdoor recreation access: Excellent proximity to local river walks provides wonderful opportunities for jogging, weekend strolls, and enjoying natural scenery.
  • Town centre convenience: Essential shops, restaurants, and cafés are easily accessible, ensuring residents do not have to travel far for daily necessities.
  • Affordable entry price: An asking price of 140000 euros provides an accessible entry point for first-time buyers trying to step onto the property ladder.
  • Investor appeal: The high demand from local workers near major employment zones suggests strong potential rental yields for prospective property investors.
  • First-floor positioning: Being situated on the first floor offers a balance of security and manageable stair access without excessive climbing required.
  • Stable asking price: The tracked asking price has remained completely unchanged at 140000 euros, suggesting a firm vendor stance without sudden inflationary bumps.
  • Established residential setting: Situated within Drumgeely Hill, the apartment benefits from an established neighborhood feel with surrounding community infrastructure.
  • Manageable maintenance: Apartments typically shift exterior maintenance duties to a management company, freeing up free time for the occupant.
  • Rental market demand: The strategic location near commercial hubs guarantees a steady pool of prospective tenants if utilized as a buy-to-let investment.
  • Natural light potential: First-floor apartments often benefit from good ambient light penetration, creating a bright and welcoming internal atmosphere.
  • Simplified heating: A smaller 43 square meter floor area heats up rapidly, making climate control both efficient and cost-effective during winter months.
  • Strategic regional location: Shannon offers convenient arterial connections to Ennis, Limerick, and the broader mid-west region for wider commuting flexibility.
  • Local amenity variety: The availability of nearby essential services ensures that day-to-day living remains straightforward and convenient for residents.
  • Appealing for downsizers: Older buyers looking to downsize will find the single-level apartment layout practical and easy to navigate daily.
  • Modern energy standards: The favorable BER indicates that the building envelope likely meets relatively modern construction and thermal retention standards.

But keep in mind:

  • Management company fees: Buyers must investigate annual service charges and sinking fund contributions, as these recurring fees can impact ongoing ownership costs.
  • Limited floor space: At only 43 square meters, the apartment offers very tight living quarters that may feel cramped for couples or long-term occupants.
  • One-bedroom limitation: The single bedroom restricts future household expansion, making this unsuitable for growing families or those needing a home office.
  • Apartment noise transfer: Living in an apartment block carries potential risks of noise transmission from neighboring units above, below, or adjacent.
  • Parking availability check: Buyers should verify whether dedicated parking is included, as shared or limited parking can cause daily inconvenience.
  • Resale market liquidity: One-bedroom properties can sometimes take longer to resell compared to three-bedroom family homes when market conditions shift.
  • Lack of private garden: The absence of a private outdoor garden space means residents must rely entirely on communal areas or nearby public walks.
  • Potential storage constraints: Small apartments frequently lack adequate storage rooms, requiring buyers to carefully manage belongings or rent external units.
  • Ground rent obligations: Prospective purchasers should have their legal representative check for any historical ground rent or leasehold encumbrances.
  • Aircraft noise exposure: Given the proximity to Shannon Airport, buyers should investigate potential flight path noise levels during peak operating hours.
  • Building insurance costs: Apartment complexes often require block insurance policies, the costs of which are passed down proportionally to unit owners.
  • Sinking fund adequacy: Buyers should inspect the management company accounts to ensure sufficient reserves exist for major structural roof or lift repairs.
  • Limited natural ventilation: Smaller footprint properties with single-aspect windows can sometimes struggle with cross-ventilation and moisture buildup.
  • Static pricing context: The complete lack of price movement since tracking began might indicate an inflexible seller or a stagnant local demand pool.
  • Communal maintenance disputes: Shared hallways and stairwells rely on management enforcement, which can occasionally lead to neglected common areas.
  • Future development impacts: Buyers should check local planning registers for potential commercial or residential developments that might obstruct views or increase traffic.
  • Financing restrictions: Some lenders apply stricter loan-to-value limits or minimum square footage rules for apartments under 45 square meters.
  • Bin storage logistics: Prospective owners should verify the arrangements for refuse collection and recycling facilities within the apartment complex.
  • Security access systems: Buyers must confirm that communal entry gates and hallway doors are in good working order for peace of mind.
  • Limited room for customization: The modest internal dimensions leave very little scope for major internal reconfiguration or structural layout changes.

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 of one hundred forty thousand euros appears moderately undervalued when considering recent local multi-unit estate benchmarks and the strong energy efficiency rating, which typically commands a market premium for compact residential apartments in this specific suburban employment node.
  • Valuation signals show favorable alignment with historical multi-unit transactions within the immediate residential complex, while the stable pricing history indicates a direct, realistic initial marketing strategy designed to capture strong interest from first-time buyers and local property investors without excessive inflation.
  • Potential factors that could undermine this pricing position include broader macroeconomic interest rate shifts impacting investor yields, whereas supporting factors involve perpetual rental demand driven by close proximity to major regional employment hubs and Shannon Airport facilities.
  • Additional market relevance stems from the compact forty-three square meter floor area and advantageous first-floor positioning offering scenic estuary views, which collectively enhance long-term liquidity and rental attractiveness compared to older, less energy-efficient housing stock in the surrounding locality.

Build Analysis

What we know from similar construction types

  • The property is a first-floor apartment measuring approximately 43 square meters, featuring one bedroom and one bathroom.
  • Given that it is an apartment within a multi-unit development, a buyer should investigate the annual management fees, what services and insurance are covered by those fees, and the condition of the sinking fund.
  • Buyers should also verify the sound insulation between floors and party walls, as well as fire safety compliance for the building block.
  • The B BER rating indicates a relatively modern or energy-efficient construction standard, which generally translates to lower heating costs and better thermal comfort.

Heating cost*

Estimated expense to heat this property every year

  • Estimated annual heating cost: approximately 400 euro to 600 euro.
  • Short explanation: Given the efficient B energy rating and compact 43 square metre floor area, the property requires relatively low energy input for heating compared to older or larger dwellings.

Pollution Safe

8/10

Environmental situation to investigate

  • The property is located in a predominantly residential and commercial hub with no immediate heavy industrial plants or active large-scale landfills directly adjacent.
  • Any historical industrial legacy in the broader Shannon Free Zone area should be independently verified by prospective buyers during standard due diligence.

Flood Safe

7/10

Water overflow reports to follow up

  • While the property enjoys views of the Shannon Estuary and proximity to river walks, it occupies an elevated first-floor position within the building which helps mitigate ground-level flood exposure.
  • Prospective buyers should consult official OPW flood maps to verify local flood risk for the broader surrounding coastal and estuarine zone.

Recent Local Sales

Verified residential transactions published in the previous five years

Sales on the same street or estateExtra effort was used to find nearby sales here

  • 15 BEECH HOUSE, DRUMGEELY HILL, SHANNON

    Sale date
    Declared sale price
    €165,000.00
  • 3 CEDAR HOUSE, DRUMGEELY HILL, SHANNON

    Sale date
    Declared sale price
    €125,000.00
  • 5 BEECH HOUSE, DRUMGEELY HILL, SHANNON

    Sale date
    Declared sale price
    €135,000.00

Recent sales in the wider Drumgeely Hill area

  • 20 CLUAININ, TULLYVARRAGH, SHANNON

    Sale date
    Declared sale price
    €358,000.00
  • 9 FINIAN PARK, SHANNON, CLARE

    Sale date
    Declared sale price
    €258,000.00
  • 5 GLEANN NA SMOL, SHANNON, CLARE

    Sale date
    Declared sale price
    €252,000.00
  • 99 FINIAN PARK, SHANNON, CLARE

    Sale date
    Declared sale price
    €259,000.00
  • 79 TOLA PARK, SHANNON, CLARE

    Sale date
    Declared sale price
    €242,000.00

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: €1,400 — 1% of €140,000.
    ?
    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 excluding VAT and outlay.
  • Land registration fees: approximately 400 euro to 800 euro depending on the property value.
  • 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 survey on a 43 square metre apartment.
  • Annual home insurance: approximately 300 euro to 500 euro depending on the policy level and provider.

Forum Talk

What people are saying about this area

  • Residents in the Shannon area frequently discuss the convenience of living close to the Shannon Free Zone and Shannon Airport for employment.
  • Local forums often highlight the appeal of the scenic walking trails along the Shannon River and Estuary.
  • Community discussions frequently touch upon the steady demand for rental properties and starter homes in the town centre and surrounding developments like Drumgeely.
  • Local groups regularly share updates regarding improvements to retail amenities and community services in Shannon town.

LifeFit Assessment

How well this property may suit your lifestyle

Family

7 areas
  • Young Children

    With only one bedroom and a floor area of 43 square meters, this apartment is far too small to accommodate young children comfortably.

    3/10
  • Teenagers

    A single-bedroom apartment lacks the space and privacy needed for teenagers, making it an impractical choice for families with older kids.

    2/10
  • Multi-generational Living

    The compact 43-square-meter layout with one bedroom and one bathroom is entirely unsuitable for multi-generational living.

    1/10
  • Single Buyers

    This one-bedroom apartment offers an affordable entry point at an asking price of €140,000, making it an excellent fit for single buyers starting out.

    9/10
  • Couples

    While the price is accessible, the single-bedroom configuration provides very limited space for two people living together long-term.

    6/10
  • Empty Nesters

    For empty nesters looking to downsize to a manageable, low-maintenance home close to local amenities, this property presents a strong option.

    8/10
  • Retirees

    The apartment is conveniently located near shops and services, though buyers should verify if the first-floor access involves stairs that could impact long-term mobility.

    7/10

Work

3 areas
  • Remote Working

    While the apartment offers a manageable space for one person to work remotely, the single-bedroom layout means a dedicated home office would double as the living or sleeping area.

    5/10
  • Hybrid Commuting

    The property's location within walking distance of Shannon Airport and the Shannon Free Zone makes hybrid commuting or local employment exceptionally convenient.

    9/10
  • Retired

    Convenient access to local services and scenic river walks makes this a viable option for retirees seeking a smaller footprint, subject to building access checks.

    7/10

Practical

8 areas
  • Ageing in Place

    Being a first-floor apartment, accessibility relies on stairs or elevators, which may present challenges for long-term ageing in place without elevator verification.

    4/10
  • Low Maintenance

    At 43 square meters with no private garden to upkeep, this apartment offers exceptionally low maintenance requirements for the owner.

    9/10
  • Secure Gated Entry

    Security features are standard for apartment living, but buyers should investigate the specific access control and security measures of the building.

    5/10
  • Minimalist Design

    The compact footprint naturally lends itself to a minimalist lifestyle and streamlined interior upkeep.

    9/10
  • Flexible Floor Plans

    With a fixed one-bedroom apartment layout spanning 43 square meters, there is very little room for spatial reconfiguration or flexibility.

    3/10
  • Heritage Home

    This is a modern style apartment rather than a period or heritage property.

    1/10
  • Ecological Setup

    The property holds a strong B BER rating (with an Energy Performance Indicator of 139.94 kWh/m²/yr), indicating good energy efficiency.

    8/10
  • Outdoor areas

    The property lacks a private garden or balcony space, though it compensates with great proximity to public river walks.

    2/10

Interests

9 areas
  • Gardening

    As a first-floor apartment, there is no private garden space included for planting or landscaping.

    1/10
  • Walking

    The location boasts excellent access to Shannon River walks and is within walking distance of local amenities and employment hubs.

    9/10
  • Gym

    Proximity to local town amenities provides general convenience, though buyers should verify the availability of specific fitness facilities nearby.

    5/10
  • Cycling

    The surrounding area's flat terrain and proximity to work centers offer decent cycling potential, though dedicated cycle infrastructure should be checked.

    6/10
  • Golf

    While the Clare region features golf courses, buyers interested in the sport should investigate the distance to the nearest club from this specific location.

    4/10
  • Fishing

    The property's close proximity to the Shannon Estuary and river areas offers good opportunities for fishing enthusiasts.

    7/10
  • Horse Riding

    An urban apartment setting is far removed from equestrian facilities, making this hobby difficult to support from the doorstep.

    2/10
  • Water Sports

    Proximity to the Shannon Estuary and river provides a suitable base for certain water-related activities and outdoor appreciation.

    6/10
  • Entertaining

    The compact 43-square-meter interior and lack of private outdoor space severely limit the ability to host guests or entertain groups.

    3/10

Lifestyle

5 areas
  • Quiet Living

    Located in Shannon, the property offers access to nearby river walks, but being an apartment in a developed area means standard residential noise levels should be expected.

    6/10
  • Rural Living

    This is a town-based apartment setting rather than a rural environment, offering little in the way of countryside isolation.

    2/10
  • Village Living

    Proximity to local shops, restaurants, and cafés provides a community-focused feel akin to village living.

    7/10
  • Coastal Living

    While the property enjoys views of the Shannon Estuary, it is positioned in an urban and employment hub rather than a traditional coastal village.

    5/10
  • Urban Living

    Situated close to major employment centers like the Shannon Free Zone and Shannon Airport, this home suits an urban or suburban commuter lifestyle well.

    8/10

Social

6 areas
  • Community Involvement

    Apartment living typically involves less direct community organizing compared to traditional housing estates, but local town amenities provide avenues for engagement.

    5/10
  • Café Culture

    Being close to local shops, restaurants, and cafés ensures good access to local social spots and dining options.

    8/10
  • Nightlife

    Shannon offers standard local amenities, but those seeking extensive nightlife options would likely need to look toward larger nearby towns or cities.

    4/10
  • Health/Wellness groups

    Proximity to local commercial centers suggests reasonable access to nearby health services and wellness activities.

    6/10
  • Networking Opportunities

    The close proximity to major employment centers like the Shannon Free Zone offers strong professional proximity for working buyers.

    7/10
  • Tech-Hub Connectivity

    While located near significant commercial and business zones, buyers should independently verify broadband speeds and digital infrastructure.

    6/10

Listing information

Agent
Sherry FitzGerald O'Donovan
Phone
061 361 905
Current status
active
Published on HouseDelve
26 October 2026
Correction
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Property reference: HD-A4B730HouseDelve · 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.