Photograph 1 of 14 of 5 University Halls, Newcastle Road, Galway, County Galway
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5 University Halls, Newcastle Road, Galway, County GalwayH91CR70

€375,000

2 Bed~3 Bath~87 m²~BER C2

What you'll like:

  • Prime academic proximity: The apartment sits directly on Newcastle Road within immediate walking distance of the University of Galway, ensuring exceptionally high long-term rental demand from students and academics.
  • Unmatched hospital convenience: Being located directly across the road from University Hospital Galway makes this property uniquely attractive to medical professionals seeking effortless daily commutes.
  • Exceptional urban accessibility: Future residents will enjoy a very short stroll into Galway City Centre for shopping, dining, and cultural amenities without needing a car.
  • Strong rental income history: The listing highlights an existing RTB registered rental income of 3,200 euros per month, offering immediate, tangible cash flow for property investors.
  • Offered with vacant possession: Selling with vacant possession provides maximum flexibility for owner-occupiers wishing to move in quickly or investors free to set current market rents.
  • Generous floor area: Measuring 86.5 square meters, the apartment provides significantly more interior breathing room than typical two-bedroom city centre properties of comparable value.
  • Functional attic-level space: The timber-panelled attic level adds valuable bonus square footage with strong potential to serve as an informal home office or extra storage zone.
  • Bright open-plan living: The main living and dining area features timber flooring, a feature fireplace, and ample natural light creating a comfortable and welcoming environment.
  • Contemporary kitchen fittings: The adjoining kitchen comes equipped with clean white units and tiled flooring, offering a modern aesthetic ready for immediate tenant or owner use.
  • Fitted bedroom storage: Both bedrooms include integrated fitted storage solutions, maximizing floor space and reducing the immediate need for freestanding furniture purchases.
  • Multiple shower facilities: Providing three bathrooms across the accommodation layout significantly reduces morning congestion for busy occupants sharing the apartment space.
  • Established residential setting: Situated in a sought-after and well-established Galway area, the property benefits from long-term capital preservation and neighborhood stability.
  • Public transport connectivity: The surrounding area enjoys regular public transport services, enhancing mobility for residents who rely on buses or regional links.
  • Stable asking price history: Tracking data shows the asking price has remained rock steady at 375,000 euros, indicating a firm pricing strategy from the motivated vendor.
  • Appealing dual market: The layout and prime location create a balanced investment asset that will effortlessly attract both private owner-occupiers and dedicated buy-to-let landlords.
  • Evening and weekend viewings: The selling agent accommodates viewings outside standard business hours, making it much easier for working buyers to inspect the property promptly.
  • Comfortable C2 energy rating: A C2 BER energy efficiency rating sits reasonably close to modern standards, meaning heating bills should remain manageable with minor efficiency upgrades.
  • Practical layout design: The separation between communal living zones and private sleeping quarters ensures a logical flow suitable for modern shared urban living.
  • Natural light infusion: Large window placements in the primary living zones brighten interior spaces, enhancing the overall perceived size and mood of the apartment.
  • Manageable entry cost: At an asking price of 375,000 euros for an 86.5 square meter footprint, the property offers competitive per-square-meter value relative to central Dublin.

But keep in mind:

  • C2 energy efficiency rating: A C2 BER rating may require future capital expenditure on insulation or heating upgrades to meet increasingly stringent national carbon reduction standards.
  • Attic level legal status: Buyers must verify through their solicitor whether the timber-panelled attic space has full planning permission and building control compliance for habitable use.
  • High density student location: Being surrounded by university facilities might introduce seasonal noise, high tenant turnover, and lively nightlife disturbances during academic semesters.
  • Management company oversight: As an apartment development, purchasers should thoroughly investigate annual management fees, sinking fund balances, and upcoming block maintenance levies.
  • Untested appliances and services: The selling agent explicitly notes that appliances and services have not been tested, so buyers must budget for potential hidden repair costs.
  • Parking availability uncertainty: The listing details do not mention dedicated parking spaces, meaning vehicle owners should investigate local permit rules or parking availability.
  • Potential stair access constraints: Depending on the specific floor level within the development, heavy reliance on communal stairwells could present accessibility challenges over time.
  • High bathroom-to-bedroom ratio: Three bathrooms across two bedrooms could indicate complex plumbing runs or tight space distribution that requires careful future maintenance.
  • Strict RTB rent history checks: Investors must independently verify the exact registration details and legal enforceability of the reported 3,200 euros monthly rental income.
  • Localized traffic congestion: Newcastle Road and the hospital environs suffer from heavy traffic bottlenecks during peak morning and evening commuting hours.
  • Third-party verification needed: Buyers are explicitly warned not to rely on general brochure dimensions and must conduct their own professional survey before closing.
  • Wear and tear risks: Rental properties can suffer from accelerated interior wear, meaning buyers should budget for potential redecoration costs shortly after purchase.
  • Fire safety compliance review: Buyers should request the management company's fire safety audit and recent compliance certificates for multi-unit apartment blocks.
  • Sinking fund adequacy: A low or underfunded building sinking fund could lead to sudden, expensive special assessments for major roof or structural repairs.
  • Future local development risks: The vibrant hospital and university zone could face future large-scale institutional expansions altering local neighborhood dynamics or views.
  • Service charge arrears check: Solicitors must confirm that current owners have cleared all historical management service charges to avoid inheriting unpaid debts.
  • Waste management logistics: Multi-unit apartment setups often rely on shared bin stores, which require diligent management to prevent hygiene or pest issues.
  • Insurance cost exposure: Apartment block insurance premiums have risen significantly across Ireland, which can indirectly inflate annual management company service charges.
  • Strict lease covenants: Buyers must review development house rules regarding pets, sub-letting limits, and structural alterations before finalizing their contracts.
  • Liquidity and market cycles: City-centre apartments can experience sharper market valuation fluctuations during broader economic downturns compared to detached suburban houses.

Price positioning

?
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 somewhat undervalued compared with the available evidence.
  • The asking price appears somewhat undervalued relative to verified residential price register data for a direct comparable unit located within the exact same residential development, which achieved a noticeably higher transaction figure recently.
  • Signals supporting potential under-valuation include the competitive asking price point compared to broader neighborhood trends, strong rental income figures associated with the property, and high demand stemming from its ultra-convenient institutional location.
  • Factors that could support or challenge this pricing level involve ongoing market liquidity for urban apartments, potential interest from buy-to-let investors drawn to established rental returns, and general macroeconomic pressures affecting buyer mortgage approvals.
  • Additional relevant observations include the advantageous inclusion of an attic-level storage or office space, three bathrooms complementing two bedrooms, and a C2 energy rating that balances modern efficiency with practical city-centre living appeal.

Build Analysis

What we know from similar construction types

  • The property is a two-bedroom apartment featuring a timber-panelled attic-level space offering additional storage or office potential, which a buyer should verify for proper planning compliance, building regulations, and fire safety standards.
  • Given the apartment layout across multiple levels including an attic space, a buyer should investigate insulation levels, ventilation, and potential restrictions on structural alterations or conversions.
  • As with any multi-unit development, a buyer should investigate the management company structure, annual service charges, sinking fund status, and upcoming maintenance obligations.

Heating cost*

Estimated expense to heat this property every year

  • Estimated annual heating cost is approximately 1,100 euro to 1,400 euro.
  • This estimate is based on the C2 BER rating and an approximate floor area of 86.5 square meters for an apartment of this size and layout.

Environmental checks

Area-level evidence and things to investigate

Air quality

Nearby sites

Landfills

None found

Waste facilities

None found

Industrial facilities

None found

Nearby infrastructure

Overhead electricity lines

None found

Underground electricity cables

None found

Flood Safe

8/10

Water overflow reports to follow up

  • The property is located a short distance away from mapped river and coastal flood hazard zones associated with the Galway area.
  • Although potential flood extents are present in the wider neighborhood, modelling indicates that the specific location sits outside these mapped zones.
  • As an apartment setting, buyers should verify specific building-level access points and ground-level protections relative to the surrounding street topography.
Supporting evidence: Medium
Map sources: OPW · Current scenario
  1. Local river mapping
  2. Local coastal mapping

Recent Local Sales

Verified residential transactions published in the previous five years

Sales on the same street or estate

  • 4 UNIVERSITY HALLS, NEWCASTLE RD, GALWAY

    Sale date
    Declared sale price
    €416,000.00
  • 54 NEWCASTLE ROAD, GALWAY, CO GALWAY

    Sale date
    Declared sale price
    €950,000.00

Recent sales in the wider Galway area

  • 1 BOWLING GREEN, GALWAY, CO GALWAY

    Sale date
    Declared sale price
    €545,000.00
  • 75 CASTLELAWN HEIGHTS, GALWAY, GALWAY

    Sale date
    Declared sale price
    €417,000.00
  • 26 THREADNEEDLE RD, GALWAY, GALWAY

    Sale date
    Declared sale price
    €1,110,000.00
  • 15 LOWER SALTHILL, GALWAY, GALWAY

    Sale date
    Declared sale price
    €552,500.00
  • 122 DANGAN HEIGHTS, GALWAY, GALWAY

    Sale date
    Declared sale price
    €522,000.00

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: €3,750 — 1% of €375,000.
    ?
    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 3,000 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 300 euro.
  • Surveyor fees: approximately 400 euro to 800 euro depending on the level of survey detail.
  • Annual home insurance: approximately 350 euro to 650 euro depending on the level of cover chosen.

Forum Talk

What people are saying about this area

  • Local residents and student forums frequently highlight the exceptional rental demand in the Newcastle Road area due to its close proximity to the University of Galway and University Hospital Galway.
  • Discussions on community boards often note that traffic congestion can be heavy along Newcastle Road during peak commuting and hospital visiting hours.
  • Neighbourhood groups frequently mention the convenience of living within walking distance of Galway city centre, reducing reliance on cars for daily commutes.
  • Online property discussions often point out that centrally located apartments near major institutions remain highly sought after by both investors and owner-occupiers.
  • Local forums advise prospective buyers in multi-unit developments to check management company fees, maintenance schedules, and the general upkeep of common areas.

LifeFit Assessment

How well this property may suit your lifestyle

Family

7 areas
  • Young Children

    The apartment offers two bedrooms and practical living space, but its urban, road-adjacent location and lack of a private enclosed garden make it less than ideal for very young children.

    4/10
  • Teenagers

    The central urban location provides good independence for teenagers with nearby access to city amenities, though space is somewhat compact with 86.5 square metres for a growing family.

    6/10
  • Multi-generational Living

    With two bedrooms and two shower rooms spread across a standard apartment layout, multi-generational living would feel cramped despite the bonus attic-level storage space.

    3/10
  • Single Buyers

    An excellent layout for a single buyer looking for a manageable two-bedroom home in a prime central location near major employers, universities, and hospitals.

    9/10
  • Couples

    Provides comfortable accommodation for couples with an open-plan living and dining area, two bedrooms, and additional attic-level space suitable for a home office.

    8/10
  • Empty Nesters

    Low-maintenance apartment living appeals to empty nesters, though buyers should verify the exact floor level and whether lift access is available for long-term comfort.

    7/10
  • Retirees

    The central location places healthcare and city amenities within walking distance, but retirees should investigate stair access and long-term management company provisions.

    6/10

Work

3 areas
  • Remote Working

    The inclusion of a timber-panelled attic-level space provides excellent potential for a dedicated home office setup away from the main living quarters.

    8/10
  • Hybrid Commuting

    Exceptional location near public transport services and central Galway makes hybrid commuting extremely convenient.

    9/10
  • Retired

    Suitable for retirees seeking a lock-up-and-leave lifestyle near medical facilities, subject to building access and management arrangements.

    6/10

Practical

8 areas
  • Ageing in Place

    Apartments present long-term accessibility challenges depending on staircases and lift provisions; buyers should verify universal access features.

    4/10
  • Low Maintenance

    Standard apartment living typically limits exterior maintenance obligations, supported by a managed building structure.

    8/10
  • Secure Gated Entry

    Buyers should investigate the specific security features, access control, and entry systems implemented at this development.

    6/10
  • Minimalist Design

    The open-plan layout and timber flooring lend themselves well to a clean, contemporary, minimalist aesthetic.

    7/10
  • Flexible Floor Plans

    Features two bedrooms, two shower rooms, and an additional timber-panelled attic-level space that adds flexible functional layout options.

    7/10
  • Heritage Home

    This is a standard modern-era apartment building rather than a period or heritage property.

    1/10
  • Ecological Setup

    The property carries a C2 BER rating; buyers may wish to investigate potential energy efficiency upgrades to improve environmental performance.

    5/10
  • Outdoor areas

    The property lacks private outdoor garden space or a dedicated balcony mentioned in the particulars, relying instead on nearby public parks and urban amenities.

    2/10

Interests

9 areas
  • Fishing

    Proximity to the River Corrib provides reasonable access to notable local fishing spots for enthusiasts.

    5/10
  • Horse Riding

    An urban apartment setting offers no immediate facilities or stabling for horse riding interests.

    2/10
  • Gardening

    As an apartment property, there is no private garden space, though the attic-level space or indoor plant setups offer minor horticultural opportunities.

    2/10
  • Walking

    The exceptional central location makes it very easy to walk into Galway City Centre, along the river corridors, or across the nearby university grounds.

    8/10
  • Gym

    Proximity to the city center and university facilities ensures good access to commercial gyms, fitness clubs, and sports complexes.

    7/10
  • Cycling

    Flat urban surroundings allow for convenient bicycle commuting around the city and campus areas, though buyers should check secure bike storage options.

    7/10
  • Golf

    Golf enthusiasts can access courses in the broader Galway area via short drives, though none are directly on the doorstep.

    5/10
  • Water Sports

    Access to Galway Bay and the Corrib waterways offers reasonable opportunities for water sports with a short commute.

    5/10
  • Entertaining

    Features a bright open-plan living and dining area well-suited for hosting guests, though overall apartment square footage is somewhat modest.

    6/10

Lifestyle

5 areas
  • Quiet Living

    Situated on Newcastle Road directly opposite the University Hospital Galway, the setting experiences higher levels of traffic and urban activity rather than quiet seclusion.

    4/10
  • Rural Living

    This is a distinctly urban setting located in the heart of Galway city, offering zero rural characteristics.

    1/10
  • Village Living

    While not a traditional village, the immediate neighborhood provides local conveniences and a distinct community feel close to the university campus.

    5/10
  • Coastal Living

    While Galway has coastal elements nearby, this specific inland location on Newcastle Road is focused on urban and institutional proximity rather than seaside living.

    4/10
  • Urban Living

    Superbly positioned within walking distance of Galway City Centre, the university, and major services, making it a prime choice for city-center living.

    9/10

Social

6 areas
  • Community Involvement

    Being adjacent to a major university and hospital district creates a transient population, though local neighborhood associations and community groups remain active.

    5/10
  • Café Culture

    The short walk into Galway City Centre places numerous cafes, restaurants, and social venues right at your doorstep.

    9/10
  • Nightlife

    Proximity to the bustling city center and student hubs guarantees vibrant nightlife options within easy walking distance.

    9/10
  • Health/Wellness groups

    Easy access to university sports facilities, local wellness classes, and healthcare professionals centered around the hospital district.

    8/10
  • Networking Opportunities

    Proximity to the university and commercial hubs provides strong networking potential for professionals and entrepreneurs.

    8/10
  • Tech-Hub Connectivity

    Good general connectivity within Galway's growing economic zones, though buyers should verify broadband speeds for heavy remote tech work.

    7/10

Listing information

Agent
Property Partners Gill & Glynn Galway
Phone
091 884 000
Current status
active
Published on HouseDelve
9 November 2026
Correction
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Property reference: HD-B88BEEHouseDelve · 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.