55b Smithfield Market, Smithfield, Dublin 7D07H368
SALE AGREED
Last asking price: €450,000
2 Bed~2 Bath~84 m²~BER B
What you'll like:
- Desirable corner position: This fifth-floor corner apartment benefits from extra windows and enhanced natural light, creating a bright living environment that interior-middle units often lack.
- Expansive wrap-around balcony: The property features a generous wrap-around outdoor space offering striking views over Smithfield Square, significantly extending the usable living and entertaining area.
- Dedicated parking included: Having a designated parking space in this central urban location provides exceptional convenience and adds substantial long-term value for motorists or future tenants.
- Strong energy rating: The B energy rating indicates a modern, thermally efficient home, which helps reduce heating bills and meets high environmental standards for urban apartments.
- Generous floor area: Spanning approximately 84 square meters, the layout provides comfortably proportioned rooms and double bedrooms that exceed standard minimum sizes for two-bed city flats.
- Immediate vacant possession: The property is sold vacant and ready for immediate occupation, eliminating lengthy chain delays for eager buyers or swift onboarding for landlords.
- Convenient lift access: Passenger lift service directly to the fifth floor ensures easy accessibility and daily convenience for residents carrying groceries, luggage, or pushchairs.
- Onsite concierge service: The development features a twenty-four-hour concierge service, enhancing residential security, managing deliveries efficiently, and offering general peace of mind for occupants.
- Communal rooftop garden: Residents enjoy access to a shared rooftop garden, providing private outdoor leisure space with panoramic city vistas without the upkeep of a private lawn.
- Prime central location: Situated within a short walk of the city centre, the address offers unmatched proximity to major employment hubs, retail streets, and cultural attractions.
- Excellent public transport: The Luas red line is positioned directly on the doorstep, guaranteeing seamless and rapid connectivity across Dublin city centre and both major rail stations.
- Academic proximity: The apartment sits within easy walking distance of TUD Grangegorman and NCAD, making it an exceptionally attractive purchase for academic staff or student accommodation investors.
- Vibrant local amenities: Smithfield Village provides an eclectic mix of cafes, restaurants, and the Lighthouse Cinema right outside, fostering an appealing and active urban lifestyle.
- Green spaces nearby: The proximity of the Phoenix Park and local green squares offers fantastic recreational opportunities for walking, running, and enjoying nature in the capital.
- Dual bathroom configuration: Featuring both a main bathroom and a private ensuite, the layout ensures high convenience and privacy for flatmates, family members, or overnight guests.
- Stable asking price: The recorded asking price has remained stable at €450,000, suggesting a firm vendor stance and transparent pricing strategy aligned with current market expectations.
- Cultural landmarks close by: Iconic city landmarks such as the Jameson Distillery and the Four Courts are situated within a short stroll, cementing the cultural appeal of the location.
- Shopping variety nearby: Residents have effortless access to diverse retail options on Capel Street, Jervis Street, and Henry Street for comprehensive shopping and daily essentials.
- Modern heating systems: The property is equipped with modern electric heating appliances, offering straightforward thermostatic control and avoiding the complexities of legacy gas infrastructure.
- Established management structure: The development is managed with structured oversight, ensuring communal areas, lifts, and security services are maintained to a high standard for residents.
But keep in mind:
- High annual service charges: The management fee is approximately €4,700 per annum, which represents a significant ongoing cost that will directly impact the property's net yield and annual budget.
- Elevated maintenance liability: Buyers should verify what specific services are covered under the steep €4,700 management fee to ensure the high expenditure delivers fair value in upkeep.
- Potential lift dependency: Relying on a fifth-floor apartment means daily mobility is entirely dependent on lift functionality, creating severe inconvenience during maintenance outages or servicing periods.
- Urban noise exposure: Overlooking a bustling public square like Smithfield may expose the apartment to considerable street noise, nightlife activity, and weekend event disturbances.
- Balcony maintenance costs: The wrap-around balcony structure represents a larger external surface area exposed to weathering, which could contribute to future building-wide repair levies managed by the owners' corporation.
- Strict parking terms: Buyers should meticulously verify the exact legal allocation, access rules, and potential extra charges associated with the designated parking space to avoid unpleasant surprises.
- Electric heating efficiency: While modern, electric heating systems can sometimes incur higher running costs compared to central gas setups if not carefully managed during colder winter months.
- Service charge inflation: High initial management fees run the risk of escalating further year-on-year, making it crucial to review historical budget accounts and sinking fund balances before purchasing.
- Sinking fund adequacy: Buyers must instruct their legal representative to thoroughly inspect the owners' management company accounts to ensure adequate reserves are held for major future capital works.
- Limited private green space: Aside from the communal rooftop garden, the property lacks a private ground-level garden, which may not suit buyers seeking traditional suburban outdoor space.
- City center density: The dense urban surroundings mean limited privacy from neighboring blocks and potential congestion around the immediate square during peak commuting and social hours.
- Rental cap considerations: If purchased as an investment property, buyers must verify previous rental history and local Rent Pressure Zone regulations to determine lawful maximum rental income limits.
- Lack of property type clarity: Official particulars do not explicitly classify the tenure type, so solicitors must confirm whether the property is leasehold or long-lease freehold without ambiguity.
- Unyielding price posture: The lack of recorded price movement from €450,000 indicates that the vendor may be inflexible on price, limiting the scope for aggressive buyer negotiations.
- Appliance condition warning: The sales notice explicitly states that fixtures, fittings, and services have not been tested, meaning buyers should budget for potential repairs or replacements.
- Management company engagement: Buyers should check the responsiveness and financial health of the management company to ensure common areas and security are managed proactively.
- Insurance cost pressures: Rising apartment block insurance premiums across the wider market could drive future management fee hikes, impacting overall affordability for occupiers and landlords.
- Fire safety compliance: Given the height of the fifth-floor block, purchasers should verify that all fire safety certifications and compartmentalisation standards across the building are fully up to date.
- Window cleaning logistics: Due to the corner orientation and wrap-around balcony configuration, buyers should clarify who is responsible for cleaning high-level external glass windows.
- Future local development: The evolving Smithfield area may experience ongoing construction noise or changes in surrounding streetscapes as nearby plots undergo future commercial or residential redevelopment.
Price positioning
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- The asking price of four hundred fifty thousand euros appears moderately undervalued when evaluating recent regional market transactions for similar multi-bedroom apartments in the immediate vicinity, suggesting an accessible entry point designed to generate competitive interest.
- Valuation signals indicate strong support from features such as a generous floor area of eighty-four square meters, a high fifth-floor corner position with a wrap-around balcony, a strong B energy rating, and valuable designated parking.
- Potential factors that could undermine this pricing position include the notably high annual management fee of four thousand seven hundred euros, which may deter prospective buyers calculating long-term ownership costs.
- The stable asking-price history without recorded reductions indicates a confident initial pricing strategy by the agent, leaving room for potential competitive bidding given current local demand trends.
Build Analysis
What we know from similar construction types
- The property is a fifth-floor corner apartment spanning approximately 84 square metres, featuring a wrap-around balcony and lift access.
- Buyers should investigate the management company's accounts and sinking fund reserves, noting the annual management fee of approximately €4,700 which covers services including a 24-hour concierge and communal rooftop garden.
- As the property relies on modern electric heating, prospective purchasers should verify the efficiency and running costs of the heating system.
Heating cost*
Estimated expense to heat this property every year
- Estimated annual heating cost: approximately 800 to 1,200 euro.
- Explanation: This is an 84 square metre fifth-floor apartment with a B BER rating, meaning it should benefit from good energy efficiency, though actual costs will vary depending on individual lifestyle and the modern electric heating usage.
Pollution Safe
8/10Environmental situation to investigate
- The location is in a densely developed urban center with no apparent immediate proximity to heavy industrial plants, active large-scale landfills, or major waste incinerators.
- As with many city-center locations, localized air quality can be influenced by urban traffic density, meaning prospective buyers sensitive to traffic emissions should investigate further.
Flood Safe
9/10Water overflow reports to follow up
- The property is situated on the fifth floor of a modern multi-story development, substantially mitigating direct surface-level flood risks to the living accommodation.
- General regional flood mapping indicates that while parts of the broader quays area near the River Liffey have historical flood alerts, elevated modern developments in Smithfield generally present a low apparent risk of internal property flooding.
Recent Local Sales
Verified residential transactions published in the previous five years
Sales on the same street or estate
APT 43 BLOCK C, SMITHFIELD MARKET, SMITHFIELD DUBLIN 7
- Sale date
- Declared sale price
- €512,000.00
APT 60 BLOCK A, SMITHFIELD MARKET, SMITHFIELD
- Sale date
- Declared sale price
- €493,000.00
APT 131 BLOCK A, SMITHFIELD MARKET, SMITHFIELD DUBLIN 7
- Sale date
- Declared sale price
- €432,000.00
NO 103 SMITHFIELD MARKET, BLOCK A MARKET SQUARE, SMITHFIELD
- Sale date
- Declared sale price
- €360,000.00
APT 46 BLOCK C, SMITHFIELD MARKET, SMITHFIELD DUBLIN 7
- Sale date
- Declared sale price
- €512,000.00
Recent sales in the wider Smithfield area
NO 25 ST BENEDICT GARDENS, NORTH CIRCULAR ROAD, DUBLIN 7
- Sale date
- Declared sale price
- €290,000.00
2 FINDLATER ST, DUBLIN 7, DUBLIN
- Sale date
- Declared sale price
- €375,000.00
41 OXMANTOWN RD, DUBLIN 7, DUBLIN
- Sale date
- Declared sale price
- €580,000.00
7 VIKING PLACE, STONEYBATTER, DUBLIN 7
- Sale date
- Declared sale price
- €480,000.00
75 SWILLY RD, CABRA, DUBLIN 7
- Sale date
- Declared sale price
- €475,000.00
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: €4,500 — 1% of €450,000.
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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 to 2,500 euro plus outlay and VAT.
- Land registration fees: approximately 400 to 800 euro depending on property value and registration type.
- Property valuation fees: approximately 150 to 250 euro for a standard mortgage valuation.
- Surveyor fees: approximately 500 to 900 euro for a structural survey on an apartment of this size.
- Annual home insurance: approximately 300 to 600 euro depending on the level of contents and building cover chosen.
Forum Talk
What people are saying about this area
- Residents on local forums frequently highlight Smithfield as a vibrant and highly walkable inner-city hub with an abundance of cafes, restaurants, and cultural spots like the Light House Cinema.
- Community discussions often mention excellent public transport connectivity, particularly praising the doorstep LUAS line and proximity to TUD Grangegorman.
- Some online commentary points out standard city-center urban challenges, including occasional noise from nightlife and weekend crowds around the square.
- Management fees and apartment upkeep are common topics of conversation among owners and prospective buyers in multi-unit developments in the Smithfield area.
LifeFit Assessment
How well this property may suit your lifestyle
Family
7 areas- Young Children5/10
The property provides two bedrooms and lift access, but apartment living on the fifth floor with a wrap-around balcony may require extra child-safety precautions.
- Teenagers6/10
A central urban location close to educational facilities offers good independence, though space is limited to 84 square meters for a growing household.
- Multi-generational Living3/10
With two bedrooms and two bathrooms across an open-plan layout, the apartment lacks the space and separation typically needed for multi-generational living.
- Single Buyers9/10
This fifth-floor corner apartment offers a manageable size, designated parking, and a prime location within walking distance of the city center.
- Couples8/10
Features two double bedrooms, an ensuite, and a generous open-plan living area with a wrap-around balcony, making it well-suited for professional couples.
- Empty Nesters7/10
The low-maintenance fifth-floor layout benefits from lift access and a 24-hour concierge service, appealing to those downsizing from larger homes.
- Retirees6/10
Lift access, secure entry, and concierge services support retirement living, though buyers should factor in the management fees of approximately 4,700 euros per annum.
Work
3 areas- Remote Working7/10
The second bedroom can serve as a home office, and the B BER rating suggests reasonable energy efficiency, though internet speeds should be verified.
- Hybrid Commuting9/10
The LUAS line is directly on the doorstep, and the city center is a ten-minute walk away, making hybrid commuting highly convenient.
- Retired6/10
Well-suited for retired living from a mobility and convenience perspective, though ongoing management fees apply.
Practical
8 areas- Ageing in Place7/10
Lift access and a single-level layout support accessibility, though buyers should consider long-term management fee obligations.
- Low Maintenance9/10
As a fifth-floor apartment with a managed building structure, exterior maintenance is handled collectively.
- Secure Gated Entry8/10
Benefits from a 24-hour concierge service and secure building entry points.
- Minimalist Design8/10
The open-plan living and kitchen configuration lends itself naturally to a clean, minimalist interior style.
- Flexible Floor Plans5/10
Standard apartment layout with fixed structural walls offering limited scope for major layout changes.
- Heritage Home2/10
This is a modern apartment development rather than a period or heritage property.
- Ecological Setup7/10
Features modern electric heating and achieves a B BER rating, reflecting good energy performance.
- Outdoor areas7/10
Features a desirable wrap-around balcony with views over Smithfield Square, complemented by a communal rooftop garden.
Interests
9 areas- Gardening3/10
There is no private garden, though residents have access to a communal rooftop garden.
- Walking9/10
The location offers exceptional walkability to the city center, TUD Grangegorman, the Phoenix Park, and numerous local amenities.
- Gym8/10
The central location provides easy access to various commercial fitness facilities and health clubs in the city.
- Cycling8/10
Flat city terrain makes cycling a viable transport option, though secure bike storage arrangements within the development should be verified.
- Golf4/10
While central, local golf courses require traveling outside the immediate city-center zone.
- Fishing2/10
Urban environment with limited immediate access to fishing spots, though the River Liffey is nearby.
- Horse Riding2/10
Equestrian facilities are not available in this urban center location.
- Water Sports3/10
Proximity to the Liffey offers limited scope, but serious water sports require traveling to coastal areas or dedicated facilities.
- Entertaining8/10
The open-plan sitting room and fitted kitchen connect to a wrap-around balcony, providing a great space for hosting guests.
Lifestyle
5 areas- Quiet Living4/10
Situated in a bustling market square with enchanting views over Smithfield Square, noise from the surrounding urban environment is to be expected.
- Rural Living1/10
This is a densely populated city-center location with commercial amenities and apartments right outside the door.
- Village Living7/10
Smithfield Village provides a localized community feel with local cafes, restaurants, and a cinema all within a short stroll.
- Coastal Living1/10
The property is located in an inland urban setting far from coastal areas.
- Urban Living10/10
Positioned right in the heart of Dublin with the LUAS line on the doorstep and major city landmarks within walking distance.
Social
6 areas- Community Involvement6/10
A vibrant neighborhood feel exists within Smithfield Village, supported by local institutions and community spots.
- Café Culture9/10
Smithfield Village and nearby Capel Street offer an excellent array of cafés and dining options.
- Nightlife9/10
Proximity to the city center, local bars, cinemas, and cultural venues ensures abundant nightlife options.
- Health/Wellness groups7/10
Access to local fitness groups and wellness activities is readily available in the surrounding urban area.
- Networking Opportunities9/10
The central Dublin location is ideal for professional networking and business connectivity.
- Tech-Hub Connectivity9/10
Situated close to major educational hubs and Dublin's tech and financial districts.
Listing information
- Agent
- Young's Estate Agents
- Phone
- 01 497 5581
- Current status
- sale agreed
- Published on HouseDelve
- 21 September 2026
- Correction
- Report an issue
HD-6DBF08HouseDelve · 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.