7 Mardyke Street, Cork City, CorkT12A62R
€350,000
4 Bed~2 Bath~103 m²~BER F
What you'll like:
- Prime central location: Situated on Mardyke Street, this property places residents within easy walking distance of the bustling city centre, offering immediate access to retail, dining, and cultural amenities.
- Proximity to UCC: Located only 350 metres from University College Cork, this residence is exceptionally well-positioned to attract strong rental demand from students and academic staff.
- Four spacious bedrooms: The layout includes four distinct bedrooms spread across upper floors, providing versatile accommodation options that suit shared student living or family occupation.
- Good overall condition: The listing indicates the house is presented in good condition throughout, potentially reducing immediate capital expenditure required before tenant occupancy or moving in.
- Generous floor area: Providing approximately 103 square metres of living space, the home offers comfortable proportions across its multi-level terraced footprint for multiple occupants.
- Dual living zones: The ground floor features both a living room and an additional lounge area, giving residents separate communal spaces rather than a single restricted layout.
- Functional kitchen setup: The kitchen is equipped with fitted wall and floor units and is plumbed for a washing machine, covering essential daily utility requirements for residents.
- Modern double glazing: The installation of PVC double glazed windows helps improve indoor thermal retention and dampens urban street noise for a more comfortable living environment.
- Essential sanitary facilities: The property benefits from a main shower room on the first floor equipped with an electric shower, alongside a convenient separate guest W.C.
- Low maintenance yard: A rear yard provides practical outdoor space without the burden of extensive garden upkeep, making it ideal for busy urban residents or rental tenants.
- Established residential neighbourhood: Located in a traditional and highly regarded part of the city, residents enjoy close proximity to the scenic Fitzgerald’s Park and the River Lee Hotel.
- Public transport access: The area is serviced by several local bus routes, ensuring convenient commuting options for occupants who do not rely on private vehicles.
- Resident parking scheme: Occupants can apply for on-street parking through the local authority Resident Parking Permit Scheme, helping to manage city-centre vehicle storage needs.
- Investment potential: Given its strategic positioning near a major university and the urban core, the property represents a classic yield-driven asset for residential landlords.
- Stable asking price: Recorded price history shows the asking price has remained stable at €350,000 without upward adjustments, suggesting a straightforward negotiation baseline for interested buyers.
- Essential utilities connected: The home is serviced by mains water, mains sewage, and ESB connections, ensuring a straightforward transition for utility account activation upon purchase.
- Traditional character features: Several rooms retain period-style fireplaces, adding character and architectural interest that can be enhanced during future interior cosmetic updates.
- Timber and tile flooring: The interior features durable ceramic tiling on the ground floor and timber flooring on upper levels, offering practical and easily cleanable surfaces.
- Manageable terraced footprint: The mid-terrace configuration shares party walls on both sides, which can contribute to greater thermal efficiency compared to detached properties in the area.
- Straightforward viewing access: Viewings are easily arranged by appointment through the appointed selling agent, allowing prospective buyers to inspect the structural condition firsthand.
But keep in mind:
- Poor BER rating: The property holds an F energy rating, indicating very poor thermal efficiency that will likely result in high heating costs and uncomfortable indoor drafts.
- Electric storage heating: The primary heating system relies on electric storage heaters, which can be expensive to run and less responsive than modern gas or heat pump systems.
- Substantial upgrade costs: Achieving a modern energy standard will require significant capital investment in insulation, windows, and heating system replacement to improve the BER rating.
- Compact kitchen dimensions: At roughly 12 by 5 feet, the kitchen space is relatively narrow, which may limit appliance options and social interaction during meal preparation.
- Potential parking constraints: While a permit scheme exists, on-street parking in central university areas is notoriously competitive and spaces are never guaranteed for residents.
- High student tenant wear: Properties in immediate proximity to universities often experience heavier tenant turnover and wear and tear, increasing ongoing maintenance and management overheads.
- Limited private outdoor space: The rear yard is compact and urban, offering little room for outdoor dining, gardening hobbies, or secure bicycle storage without cluttering the area.
- Mid-terrace noise transmission: As a mid-terraced house, occupants may experience sound transmission through party walls from adjacent neighbours on both sides.
- Multi-level stair climbing: Spanning three stories, daily living requires navigating multiple flights of stairs, which may be less appealing to tenants or buyers with mobility concerns.
- Lack of floor plan specifics: The provided layout descriptions do not include an architectural floor plan, making it harder to accurately gauge room flow without an in-person visit.
- Unverified property type: The listing omits the official legal property type designation, requiring buyers to verify freehold status and title boundaries with their legal representative.
- Potential rental caps: Buyers purchasing as an investment should investigate whether the property falls within a Rent Pressure Zone, which restricts the initial setting and increasing of rents.
- Dated interior finishes: Features like older tiled fireplaces and carpeted areas suggest that cosmetic refurbishment will be needed to attract higher-tier tenants or modern buyers.
- Electric shower limitations: Relying on an electric shower for the primary bathroom can mean lower water pressure and higher electricity consumption during peak usage times.
- Absence of central gas: There is no mention of a natural gas connection, meaning any heating system upgrade would likely need to rely on electricity or oil alternatives.
- Potential structural dampness: Given the low BER rating and older building stock typical of central urban areas, buyers should commission a thorough survey to check for damp and ventilation issues.
- Window and door age: While PVC double glazed, the exact age and thermal performance of the windows and exterior doors should be inspected to ensure they meet current standards.
- Fire safety compliance: Investors should verify that the property meets all current fire safety regulations required for multi-occupancy or student rental properties in urban areas.
- Local amenity congestion: The heavy foot traffic and activity associated with the nearby university and city centre can lead to higher noise levels and congestion during term time.
- Resale liquidity risks: Heavily student-oriented investment properties can sometimes appeal to a narrower segment of buyers when it eventually comes time to resell the asset.
Price positioning
?
- The asking price of €350,000 for a four-bedroom mid-terraced house appears attractively positioned relative to the broader urban market given its prime central location within walking distance of the city center and university.
- Valuation signals are influenced positively by high rental demand potential near educational institutions, though tempered negatively by the poor energy efficiency rating of F and the reliance on outdated electric storage heating.
- Such a pricing strategy could be supported by strong investor interest seeking multi-room letting opportunities, but it might be undermined by the capital expenditure required to upgrade insulation, heating systems, and overall decorative condition.
- The stable asking-price history with no recorded reductions indicates firm vendor expectations, suggesting that demand in this specific urban pocket remains resilient enough to command competitive interest at this financial level.
Build Analysis
What we know from similar construction types
- The property is a four-bedroom mid-terrace house spanning approximately 103.46 square metres across three floors.
- Heating relies on electric storage heaters, which can be inefficient and costly to run, contributing to the poor energy rating.
- Windows and doors are noted as PVC double-glazed, but a buyer should verify their overall condition, age, and thermal efficiency.
- Given the central urban location close to the university and city centre, a buyer should investigate potential rental caps, tenancy history, and compliance with local planning or letting regulations if purchasing as an investment.
- A structural survey is recommended to check the condition of the roof, timber floors on the upper level, and potential dampness given the age typical of properties in this historic area.
Retrofit Cost*
Possible renovating / insulating expenditure
- The property holds an F BER rating, indicating a very poor energy efficiency level that requires a comprehensive deep retrofit to bring it to a modern standard.
- Achieving a B2 or A rating would likely require external or internal wall insulation, roof insulation upgrades, window and door replacements where necessary, and the complete removal of electric storage heaters in favour of a heat pump or high-efficiency heating system.
- An estimated deep-retrofit cost for a mid-terrace house of approximately 104 square metres with an F rating generally ranges from €40,000 to €60,000 or more, depending on the scope of works and before factoring in SEAI grants.
Heating cost*
Estimated expense to heat this property every year
- €2,200 to €2,800 annually
- Given the floor area of approximately 103.46 square metres and a low BER rating of F, the property likely has poor thermal efficiency. Coupled with the electric storage heating system noted in the property details, heating costs are expected to be on the higher side compared to modern insulated homes.
Environmental checks
Area-level evidence and things to investigate
Air quality
Nearby sites
Landfills
None foundWaste facilities
None foundNearby infrastructure
Overhead electricity lines
None foundUnderground electricity cables
None foundFlood Safe
3/10Water overflow reports to follow up
- The property is located on Mardyke Street in Cork City, an area historically susceptible to significant river and tidal flooding from the nearby River Lee.
- Official flood mapping models indicate that the location falls within zones identified with notable annual probabilities for both fluvial and coastal flooding events.
- Prospective buyers should carefully review comprehensive local flood history and verify what specific property-level defences or insurance terms apply to this mid-terrace dwelling.
The property’s mapped location falls within a river flood area for an event with a 10% annual probability.
Recent Local Sales
Verified residential transactions published in the previous five years
Sales on the same street or estate
2ND FLOOR, 10 MARDYKE STREET, CORK
- Sale date
- Declared sale price
- €335,000.00
Recent sales in the wider Cork City area
148 LOWER GLANMIRE RD, CORK CITY, CORK
- Sale date
- Declared sale price
- €363,000.00
27 LOWER OLIVER PLUNKETT STREET, CORK CITY, CO. CORK
- Sale date
- Declared sale price
- €230,000.00
111 LOWER GLANMIRE ROAD, CORK CITY, CO CORK
- Sale date
- Declared sale price
- €730,000.00
268 BLARNEY ST, CORK CITY, CORK
- Sale date
- Declared sale price
- €260,000.00
81 BANDON RD, CORK CITY, CORK
- Sale date
- Declared sale price
- €210,000.00
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: €3,500 — 1% of €350,000.
?
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: €1,500 to €3,000 excluding outlays and VAT
- Land registration fees: €400 to €800 depending on the property value and registry type
- Property valuation fees: €150 to €300 for a standard mortgage valuation report
- Surveyor fees: €500 to €1,000 for a pre-purchase structural survey
- Annual home insurance: €400 to €800 depending on the level of buildings and contents cover
Forum Talk
What people are saying about this area
- Local residents and community groups frequently discuss the ongoing appeal of the Mardyke area for its proximity to Fitzgerald's Park and the River Lee.
- Student accommodation and rental demand are recurrent topics of discussion across Cork forums due to the close location of University College Cork.
- Parking and traffic management on streets near the city centre are common subjects of local debate among residents relying on permit schemes.
- Prospective buyers in central Cork districts often share insights regarding the costs and practicalities of upgrading older properties with low energy ratings.
LifeFit Assessment
How well this property may suit your lifestyle
Family
7 areas- Young Children6/10
The property is within walking distance of Fitzgerald's Park and local amenities, but the mid-terrace setup and urban environment mean limited private green space for young children to play freely.
- Teenagers8/10
Proximity to the city centre and UCC makes this a very convenient location for teenagers needing access to education, public transport, and social activities.
- Multi-generational Living4/10
With 103.46 square metres across multiple floors and four bedrooms, space is somewhat compact for multi-generational living, and bathroom facilities are limited.
- Single Buyers9/10
An excellent option for single buyers wanting a central city location within walking distance of workplaces, universities, and amenities.
- Couples8/10
Offers generous bedroom counts for a couple looking for spare rooms, a home office, or a central base with great urban access.
- Empty Nesters6/10
While the central location is appealing for lifestyle convenience, multi-story living and a rear yard rather than a large garden may not suit all empty nesters.
- Retirees5/10
The multi-level layout with stairs across multiple floors could present mobility challenges over time, though city-centre living provides great amenity access.
Work
3 areas- Remote Working7/10
With four bedrooms, there is ample space to allocate a dedicated home office, though broadband infrastructure should be verified by the buyer.
- Hybrid Commuting9/10
Superb convenience for hybrid workers with bus routes servicing the area and the city centre within walking distance.
- Retired6/10
City amenities are easily reachable on foot, though stairs and electric heating might prompt upgrades for comfort in retirement.
Practical
8 areas- Ageing in Place4/10
The multi-story layout, stairs to bedrooms, and shower room arrangements are less than ideal for long-term ageing in place without modification.
- Low Maintenance6/10
A mid-terrace house with a small rear yard keeps exterior upkeep manageable, though the F-rated BER indicates potential energy efficiency upgrades may be needed.
- Secure Gated Entry2/10
This is a standard street-fronting property with on-street parking via a permit scheme rather than a secure gated compound.
- Minimalist Design5/10
Traditional layout with defined rooms and multiple fireplaces rather than open-plan minimalist architecture.
- Flexible Floor Plans7/10
Four bedrooms across three floors provide flexibility to use rooms as bedrooms, studies, or lounges.
- Heritage Home6/10
Traditional mid-terrace dwelling with established character, though historical status should be verified.
- Ecological Setup3/10
The property carries an F BER rating and relies on electric storage heating, indicating room for significant energy efficiency improvements.
- Outdoor areas3/10
Outdoor space is limited to a modest rear yard rather than a substantial garden.
Interests
9 areas- Horse Riding2/10
Equestrian facilities are not accessible locally due to the dense urban setting.
- Water Sports4/10
The River Lee is nearby, but specialized water sports facilities require travel.
- Gardening3/10
The outdoor space is restricted to a small rear yard, offering minimal scope for traditional gardening.
- Walking9/10
Fantastic walking location with Fitzgerald's Park, the River Lee, and the city centre all within very close walking distance.
- Gym8/10
Urban location ensures easy access to multiple commercial gyms and fitness centers within the city.
- Cycling7/10
Flat city-centre positioning makes cycling a viable transport and recreation option, though urban traffic requires caution.
- Golf5/10
Requires travel outside the immediate city centre to reach local golf courses.
- Fishing5/10
Proximity to the River Lee offers angling possibilities nearby, though not directly from the property.
- Entertaining7/10
The house features multiple living spaces and a central location close to bars and restaurants, though the kitchen is compact.
Lifestyle
5 areas- Quiet Living4/10
Located centrally in Cork City near UCC and active routes, meaning urban noise levels are likely to be present.
- Rural Living1/10
This is a strictly urban, city-centre property with no rural characteristics.
- Village Living5/10
Close to local neighborhood amenities and parks, offering a pocket of community feel within an urban setting.
- Coastal Living2/10
The property is located inland in Cork City, far from coastal environments.
- Urban Living10/10
Situated right in Cork City with immediate walking access to the city centre, UCC, parks, restaurants, and bus routes.
Social
6 areas- Community Involvement6/10
Urban setting offers community groups and resident parking permit schemes, but community ties depend on active local engagement.
- Café Culture9/10
An abundance of cafés, bars, and restaurants are located within a short walk in the city centre.
- Nightlife9/10
Exceptional proximity to Cork City's nightlife, pubs, and entertainment venues.
- Health/Wellness groups8/10
Easy access to local health clubs, fitness classes, and wellness groups throughout the city center.
- Networking Opportunities9/10
Central location places professionals close to business hubs, UCC, and networking venues.
- Tech-Hub Connectivity8/10
Cork City hosts various tech and corporate employers, making this an accessible base, subject to confirming home internet speeds.
Listing information
- Agent
- REA O'Donoghue & Clarke
- Phone
- 021 425 1010
- Current status
- active
- Published on HouseDelve
- 11 November 2026
- Correction
- Report an issue
HD-F7B4B5HouseDelve · 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.