
84 Spencer House, Custom House Square, Mayor Street Lower. IFSC, Dublin 1, Dublin
€297,000
1 Bed~1 Bath~44 m²~BER C
What you'll like:
- Prime IFSC location: Situated right in the heart of Dublin's financial district, making it extremely convenient for professionals working in the city center or Docklands.
- Excellent transport links: Located within easy walking distance of the LUAS, DART, and Connolly Station, offering seamless connectivity across the wider Dublin metropolitan area.
- Secure gated development: Custom House Square features controlled access and gated entry, providing an added layer of security and peace of mind for residents.
- Landscaped communal grounds: The development boasts beautifully maintained internal courtyards and green spaces, offering a pleasant retreat from the bustling city environment.
- Bright living spaces: The open-plan living and dining area benefits from good natural light, creating a welcoming and comfortable atmosphere throughout the main quarters.
- Practical layout design: Features well-proportioned rooms including a generous double bedroom and an efficient entrance hall maximizing the 44 square meter footprint.
- Strong rental demand: Being positioned in a major employment hub ensures high tenant desirability, making this a potentially lucrative asset for residential property investors.
- First-time buyer appeal: The manageable size and strategic city address make this an ideal starter home for individuals entering the Dublin property market.
- Walking distance amenities: Countless cafes, restaurants, bars, and retail shops are situated immediately outside the development, reducing the need for daily car usage.
- Established residential community: Custom House Square is a well-regarded and mature development, meaning management standards and historical occupancy trends are well understood.
- Proximity to higher education: Several major colleges and educational institutions in the city center are easily reachable via public transport or on foot.
- Leisure facility access: Nearby gyms, swimming pools, and the Dublin Docklands waterfront offer fantastic lifestyle options for active residents and fitness enthusiasts.
- Dublin city base: Provides an ideal pied-à-terre for commuters or suburban homeowners who frequently require a convenient mid-week residence in the capital.
- Manageable floor area: The compact 44 square meter size ensures low ongoing cleaning, furnishing, and interior maintenance costs for the eventual owner.
- Established managing agents: Professional property management ensures routine upkeep of structural elements, common corridors, waste facilities, and exterior building facades.
- Future area appreciation: Ongoing commercial and residential developments in the surrounding Docklands and IFSC districts may positively support long-term capital growth.
- Immediate occupation potential: The property offers a straightforward purchase process for buyers looking to secure a standard one-bedroom unit without complex chains.
- Well-serviced bus routes: Numerous Dublin Bus corridors operate nearby, supplementing the rail infrastructure and providing alternative routes into the south and north city.
- Cultural venue proximity: The 3Arena, Bord Gáis Energy Theatre, and various museums are within walking distance, enhancing the weekend entertainment options available.
- Efficient utility footprint: Smaller apartments typically feature lower heating and electricity consumption compared to larger houses, helping to keep monthly overheads reasonable.
But keep in mind:
- Moderate BER rating: The property holds a C energy rating, which means the buyer should budget for potential upgrades to improve thermal efficiency and lower heating costs.
- Compact floor area: Measuring 44 square meters, the apartment offers limited interior storage space, meaning buyers with excessive belongings may need off-site solutions.
- Management company fees: Annual service charges apply to gated developments like Custom House Square, so purchasers must verify the current fee amount and sinking fund health.
- City center noise levels: Urban positioning close to major transport hubs and nightlife may introduce ambient street noise, requiring double glazing checks during viewings.
- No dedicated parking: The listing does not mention an assigned parking space, meaning vehicle owners should investigate local permit availability or commercial garage costs.
- Elevator dependence: Depending on the exact floor placement within Spencer House, residents may rely heavily on communal lifts for daily accessibility and moving items.
- Rental cap considerations: For investor buyers, strict Rent Pressure Zone regulations apply to this Dublin 1 location, capping initial and subsequent rental income increases.
- Limited natural ventilation: Single-aspect layouts in urban apartment blocks can sometimes restrict cross-ventilation, making proper moisture and humidity management essential.
- Potential upcoming levies: Buyers should instruct their solicitor to review minutes of previous owners' meetings to check for any special levies proposed for major building works.
- High density surroundings: The dense urban neighborhood offers minimal private outdoor space beyond the shared courtyards, which may not suit gardeners or pet owners.
- Kitchen appliance age: The fitted kitchen equipment should be thoroughly inspected during a survey to determine if replacement or modernization is needed in the short term.
- Bathroom ventilation: Interior bathrooms without exterior windows rely entirely on mechanical extraction fans, which should be checked for proper functioning and mold prevention.
- Fire safety compliance: Prospective purchasers must ensure that the management company has fully addressed all contemporary fire safety standards across the apartment block.
- Future development disruption: Ongoing construction in the rapidly evolving IFSC and Docklands zones could result in localized noise, dust, and traffic disruptions.
- Limited scope for expansion: The fixed apartment boundaries mean there is no physical opportunity to extend the living space as personal housing needs evolve over time.
- Service charge increases: Annual management fees historically trend upward, so buyers need to review historical increases to anticipate future ownership expenses accurately.
- Waste management logistics: Communal bin stores require adherence to building rules, and buyers should check the operational efficiency and cleanliness of the facility.
- Subletting restrictions: Some multi-unit developments enforce strict rules or permissions regarding short-term or long-term leasing, which investors must verify in advance.
- Insurance costs: Building insurance is typically covered by the service charge, but contents and specialized landlord insurance policies must be independently sourced and budgeted.
- Resale liquidity: While one-bedroom units are popular, market demand can fluctuate based on broader economic conditions and mortgage lending rules for smaller properties.
Price positioning
?
- The asking price appears noticeably undervalued when compared against official market data for apartments within the same immediate development, suggesting a potentially aggressive marketing strategy to attract competitive interest from prospective buyers in the local area.
- Valuation signals strongly indicate a discount, highlighted by a moderate floor area of forty-four square meters paired with a C energy rating, which might normally require higher capital outlays to modernise and achieve maximum rental yields.
- Factors that could support this attractive pricing level include high demand for entry-level city-centre housing, whereas potential risks that might undermine its value perception involve undisclosed management fees or necessary structural repairs common in older developments.
- Additional market observations reveal that compact properties in prime financial district locations consistently generate strong investor interest, meaning the current figure could represent a deliberate entry point designed to stimulate robust multi-bid competition.
Build Analysis
What we know from similar construction types
- The property is a one-bedroom apartment situated within an established gated development in the IFSC.
- A buyer should investigate the management company charges, sinking fund status, and any upcoming or historical levies for the building.
- Verification of fire safety compliance and general apartment block maintenance records is recommended.
Heating cost*
Estimated expense to heat this property every year
- Estimated annual heating cost is approximately 600 to 900 euro.
- Explanation: With a floor area of 44 square meters and a BER rating of C, the property is compact and should retain heat reasonably well, though actual costs will vary based on heating habits, fuel type, and energy provider tariffs.
Pollution Safe
8/10Environmental situation to investigate
- The location is in a densely developed urban commercial and residential district with no heavy industrial facilities or major active landfills immediately adjacent.
- Any historical urban or docklands legacy contamination should be independently verified by prospective buyers during standard environmental due diligence.
Flood Safe
7/10Water overflow reports to follow up
- The property is situated within an urban Docklands environment near the River Liffey, meaning localized tidal or pluvial flood risks in severe weather events should be investigated.
- Buyers are advised to check official local authority flood maps and insurance availability for complete peace of mind regarding extreme weather scenarios.
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
63 SPENCER HOUSE, CUSTOM HOUSE SQ, MAYOR ST LOWER DUBLIN 1
- Sale date
- Declared sale price
- €435,000.00
96 SPENCER HOUSE, CUSTOM HOUSE SQ, MAYOR ST LOWER DUBLIN 1
- Sale date
- Declared sale price
- €550,000.00
76 SPENCER HOUSE, CUSTOM HOUSE SQ, MAYOR ST LOWER DUBLIN 1
- Sale date
- Declared sale price
- €360,000.00
48 SPENCER HOUSE, IFSC, DUBLIN 1
- Sale date
- Declared sale price
- €460,000.00
1 SPENCER HOUSE, CUSTOM HOUSE SQUARE, MAYOR STREET LOWER
- Sale date
- Declared sale price
- €440,000.00
Recent sales in the wider Dublin 1 area
APT 3, 47 MOUNTJOY SQ, DUBLIN 1
- Sale date
- Declared sale price
- €450,000.00
159 IVY EXCHANGE, PARNELL ST, DUBLIN 1
- Sale date
- Declared sale price
- €445,000.00
APT 24, 55 MOUNTJOY SQ WEST, DUBLIN 1
- Sale date
- Declared sale price
- €275,000.00
10 PORTLAND ST, DUBLIN 1
- Sale date
- Declared sale price
- €625,000.00
APT 290, CUSTOM HOUSE HARBOUR, IFSC DUBLIN 1
- Sale date
- Declared sale price
- €496,000.00
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 percent of the purchase price, estimated around 2,970 euro.
- Solicitor legal fees: roughly 1,500 to 2,500 euro plus VAT and outlay.
- Land registration fees: approximately 175 to 700 euro depending on the application type.
- Property valuation fees: around 150 to 250 euro for mortgage purposes.
- Surveyor fees: approximately 300 to 600 euro for a standard apartment structural survey.
- Annual home insurance: estimated between 300 and 600 euro per year depending on the policy coverage.
Forum Talk
What people are saying about this area
- Residents frequently discuss the convenience of living directly in the IFSC with easy walking access to major employers and the city centre.
- Local forums highlight excellent public transport connectivity, particularly the proximity of the LUAS red line and Connolly Station.
- Discussions around the Custom House Square development often praise the secure gated nature and the landscaped communal courtyards.
- Community conversations note the vibrant nightlife, cafes, and restaurants available throughout the Docklands and IFSC areas.
LifeFit Assessment
How well this property may suit your lifestyle
Family
7 areas- Young Children3/10
The property is a 1-bedroom apartment with a floor area of 44 m², which offers very limited space for young children.
- Teenagers2/10
A single-bedroom unit of 44 m² lacks the independent living space and privacy required for teenagers.
- Multi-generational Living1/10
With only one bedroom and one bathroom, multi-generational living is not feasible in this apartment.
- Single Buyers9/10
The one-bedroom layout and central IFSC location make this an ideal purchase for single buyers looking for city living.
- Couples6/10
While it can accommodate a couple, the 44 m² size is compact and best suited for those comfortable with close quarters.
- Empty Nesters7/10
Low-maintenance apartment living in the city centre appeals to empty nesters wanting to downsize and enjoy urban amenities.
- Retirees6/10
Proximity to city amenities is a plus, though buyers should verify lift access and overall building accessibility for aging in place.
Work
3 areas- Remote Working7/10
The open-plan space can accommodate a home office setup, though buyers should verify broadband speeds and designated work areas.
- Hybrid Commuting10/10
Unmatched convenience for hybrid workers with LUAS, DART, Connolly Station, and major financial districts within walking distance.
- Retired6/10
Convenient for retirees seeking urban services, provided they are comfortable with city-center density.
Practical
8 areas- Ageing in Place5/10
Single-level living is convenient, but buyers should investigate lift availability, corridor widths, and overall accessibility features.
- Low Maintenance9/10
A compact 44 m² apartment requires minimal upkeep, with communal areas managed by the development.
- Secure Gated Entry10/10
The development is explicitly described as a secure, gated complex offering enhanced peace of mind.
- Minimalist Design8/10
The apartment's footprint lends itself well to a streamlined, minimalist lifestyle.
- Flexible Floor Plans4/10
With a fixed 1-bedroom layout spanning 44 m², structural flexibility is limited.
- Heritage Home1/10
This is a modern development rather than a period or heritage property.
- Ecological Setup5/10
The property carries a C BER rating, meaning energy efficiency is standard for its build era but may benefit from upgrades.
- Outdoor areas3/10
While the development features landscaped communal grounds, the apartment itself lacks private outdoor space such as a balcony or garden.
Interests
9 areas- Gardening2/10
There is no private garden, though the development features landscaped communal grounds maintained for residents.
- Walking8/10
Excellent walkability to the Docklands, city centre, and various local amenities along the Liffey.
- Gym8/10
The central location provides easy access to numerous commercial gyms and fitness centers in the city.
- Cycling7/10
Flat city terrain makes cycling convenient, though secure bicycle storage arrangements should be verified with the management company.
- Golf3/10
Golf courses will require travel outside the immediate city-centre location.
- Fishing2/10
While near the river, fishing opportunities are not a feature of this urban setting.
- Horse Riding1/10
No equestrian facilities are nearby due to the dense urban environment.
- Water Sports3/10
Proximity to the docklands offers some aquatic context, but dedicated water sports require travel to coastal bays or specialized centers.
- Entertaining5/10
The open-plan living and dining area is suitable for hosting a small number of guests, but space is ultimately restricted by the 44 m² footprint.
Lifestyle
5 areas- Quiet Living4/10
Located in a busy urban setting within the IFSC, city sounds and bustling surroundings are to be expected.
- Rural Living1/10
This is a strictly urban apartment environment with no rural characteristics.
- Village Living5/10
The Custom House Square development has a community feel, but it is situated in a major financial district rather than a traditional village.
- Coastal Living4/10
While close to the Dublin docklands and river Liffey, this is an urban location rather than a coastal one.
- Urban Living10/10
Positioned right in the heart of Dublin's IFSC with immediate access to city centre dining, business, and transport.
Social
6 areas- Nightlife9/10
Direct access to city-centre pubs, clubs, and entertainment venues.
- Health/Wellness groups8/10
Proximity to numerous pilates & stretching studios, gyms, and wellness centers across the city centre.
- Community Involvement5/10
Apartment developments offer standard community engagement, though local resident associations or groups should be explored independently.
- Café Culture10/10
An exceptional selection of cafés, restaurants, and bars are located right on the doorstep in the IFSC and Docklands.
- Networking Opportunities10/10
Situated directly in Dublin's premier financial services district, offering prime networking potential for professionals.
- Tech-Hub Connectivity10/10
Located in the heart of the IFSC, immediately adjacent to major tech and financial employers.
Listing information
- Agent
- Bell Property Consultants
- Phone
- 01 496 8265
- Published on HouseDelve
- 25 September 2026
- Correction
- Report an issue
HD-421A6FHouseDelve · 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.