
Apartment 104, The Park, Lord Edward Street, Limerick, County LimerickV94KA03
€235,000
2 Bed~2 Bath~BER D
What you'll like:
- Prime central location: Situated directly in the heart of Limerick City, this property places everyday urban amenities, shops, and dining establishments conveniently on your immediate doorstep.
- Scenic park views: Overlooking the famous People's Park, residents can enjoy pleasant green vistas and immediate access to outdoor recreational walking spaces right outside.
- Educational proximity: The apartment sits within comfortable walking distance of several leading primary, secondary schools, and major third-level institutions like Mary Immaculate College.
- Spacious bedroom layout: Features two well-proportioned double bedrooms equipped with built-in wardrobes, offering comfortable storage solutions and ample living space for occupants.
- Convenient ensuite bathroom: The master bedroom includes a private ensuite facility, enhancing daily privacy and convenience for the occupants or potential rental tenants.
- Open plan living: The combined living, dining, and kitchen area provides a bright, sociable, and contemporary layout ideal for modern entertaining and relaxation.
- Natural light access: Sliding doors in the main living space open to frame park views and invite ample natural illumination into the primary gathering areas.
- Low maintenance living: As an apartment offering manageable dimensions, it presents an easily upkept lifestyle suitable for busy professionals, downsizers, or investors.
- Private parking included: The availability of private parking adds significant value and daily convenience in a bustling city centre location where secure spaces are rare.
- Alarm system installed: An existing security alarm provides an added layer of safety and peace of mind for future occupants residing within the city.
- Built-in storage solutions: The entrance hallway includes dedicated storage and a hot-press, helping keep the living quarters tidy and well-organized.
- Electric shower equipped: The main bathroom features an electric shower installation, ensuring reliable hot water availability independent of central heating cycles.
- Stable asking price: Recorded asking price history shows a steady €235,000 figure with no erratic upward shifts, suggesting a straightforward and transparent vendor pricing strategy.
- Rental demand potential: Proximity to major educational campuses and city employers underpins strong sustained rental interest from students and professionals alike.
- Walkable urban lifestyle: Essential services such as pharmacies, supermarkets, and public transport links are easily accessible on foot, reducing reliance on private vehicles.
- Ground floor convenience: The ground floor positioning offers easy step-free access, which can be particularly appealing for buyers with mobility considerations or heavy shopping.
- Active local agents: Marketed by a recognized local auctioneer, buyers can leverage established agency channels for clear communication during the purchase process.
- Established residential development: Being part of an established city apartment complex means common areas and community standards are already well-tested over time.
- Investment yield prospect: The combination of a moderate purchase price and central positioning provides a compelling entry point for residential buy-to-let investors.
- Compact entry cost: At €235,000, this property sits at an accessible price point for first-time buyers looking to secure a foothold in Limerick City.
But keep in mind:
- Subpar BER rating: The property holds a D energy rating with an indicator of 232.88 kWh/m2/yr, signaling potential inefficiency and higher heating bills.
- High annual service charges: Annual management fees of €2,000 apply, representing a substantial ongoing cost that will directly impact yearly holding expenses.
- Conflicting heating details: The listing description mentions both electric heating and a conflicting reference to gas-fired central heating, requiring urgent clarification from the agent.
- Unverified floor area: The total floor area is not provided in the listing details, making it difficult to assess price-per-square-metre value without a physical survey.
- Unknown property tenure: The legal tenure of the property is not specified, meaning buyers must investigate whether it is leasehold or freehold and check lease lengths.
- Potential management company debt: Buyers should instruct their solicitor to thoroughly examine the management company accounts, sinking funds, and upcoming maintenance levies.
- City centre noise levels: Overlooking a public park and sitting centrally may expose the apartment to urban noise, weekend foot traffic, and potential anti-social behavior.
- Electric heating dependency: If heating is exclusively electric, occupants may face higher energy expenditures compared to modern gas or heat-pump alternatives.
- Unverified appliance condition: The agents explicitly note that fixtures, fittings, and appliances have not been tested, carrying risks of immediate replacement costs.
- Potential parking constraints: While private parking is noted, buyers should verify the exact designated space allocation and check for visitor parking restrictions.
- Potential window thermal loss: A D-rated apartment often features older double glazing or inadequate insulation, which should be inspected during a pre-purchase survey.
- Complex lease restrictions: Apartment living often involves strict rules regarding pets, subletting, and alterations that could impact lifestyle or investment flexibility.
- Limited private outdoor space: Aside from park views, the property lacks a private balcony or terrace, restricting outdoor sitting options directly connected to the unit.
- Ventilation and damp checks: Ground floor apartments in urban settings should be carefully checked for adequate ventilation to prevent potential condensation and damp issues.
- Sinking fund adequacy: Low reserves in the development's sinking fund could trigger sudden special assessments for major structural repairs like roofs or lifts.
- Insurance cost variations: City centre locations and specific building construction types can sometimes attract higher multi-unit building insurance premiums.
- Resale liquidity factors: City centre apartments can sometimes experience different market appreciation rates compared to suburban three-bedroom semi-detached family homes.
- Lack of structural details: The listing omits construction details and exact build eras, necessitating a professional structural survey to uncover hidden defects.
- Potential service charge increases: Management fees of €2,000 are subject to future inflation and rising insurance costs, which could erode long-term rental yields.
- Strict closing requirements: Buying an apartment involves complex multi-party conveyancing steps regarding management packs that can occasionally delay closing timelines.
Price positioning
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- The asking price of two hundred thirty-five thousand euros appears closely aligned with prevailing local market trends, reflecting a balanced valuation for a city center two-bedroom apartment that mirrors standard capital expectations without showing extreme deviation.
- Under-valuation signals are largely absent since the asking price sits very close to recent multi-unit benchmarks within the same residential development, though over-valuation risk emerges modestly from the D energy rating and recurring annual management charges.
- Strong central location convenience and private parking support the current asking figure, whereas potential buyer hesitation regarding energy efficiency upgrades and ongoing service fees could undermine the sustainability of this valuation.
- The stable asking-history record indicates a firm pricing strategy by the vendor, suggesting limited immediate inclination for aggressive discounting despite broader macroeconomic cost pressures affecting apartment living expenses.
Build Analysis
What we know from similar construction types
- The property is a ground floor, two-bedroom apartment situated in a central city location overlooking a public park.
- Heating is listed as electric, though the description also makes a brief reference to GFCH (Gas Fired Central Heating), so a buyer should verify the exact primary heating system currently installed.
- A €2,000 per annum service charge applies, which should be investigated to understand what building maintenance, sinking funds, and insurance are covered.
- As a ground floor unit in a city centre apartment block, potential buyers should check for any history of dampness, window and door security, and sound insulation from upper floors or common areas.
- Compliance with fire safety regulations and management company accounts or upcoming capital expenditures should be reviewed prior to purchase.
Retrofit Cost*
Possible renovating / insulating expenditure
- The property holds a D BER rating, placing it in the D-G bracket which indicates poor energy efficiency.
- A deep retrofit to bring the apartment to a modern energy standard would typically cost between €15,000 and €30,000, depending on the scope of works.
- Key measures for improvement would likely include upgrading electric heating systems to modern efficient alternatives, improving window and door sealing, and potentially upgrading internal insulation if permitted by the management company.
Heating cost*
Estimated expense to heat this property every year
- Estimated annual heating cost: €1,200 to €1,600.
- Explanation: The property features electric heating and holds a BER rating of D, which indicates lower energy efficiency compared to modern builds, leading to higher electricity consumption for space heating.
Pollution Safe
8/10Environmental situation to investigate
- The property is located in an established urban centre, well removed from heavy industrial zones and large-scale waste facilities.
- Any minor localized urban emissions or legacy concerns typical of a city centre location are generally considered low risk, though buyers should verify environmental reports if specific concerns arise.
Flood Safe
7/10Water overflow reports to follow up
- While the property is situated within Limerick City near the River Shannon basin, urban drainage and local defenses generally mitigate immediate risks.
- Certain low-lying areas in the wider city environs can experience flood alerts during extreme weather events, so prospective buyers are advised to check specific local drainage maps and insurance insurability.
Recent Local Sales
Verified residential transactions published in the previous five years
Sales on the same street or estate
APT 302, THE PARK, LORD EDWARD ST
- Sale date
- Declared sale price
- €238,000.00
307 THE PARK, LORD EDWARD STREET, LIMERICK
- Sale date
- Declared sale price
- €230,000.00
506 THE PARK, LORD EDWARD ST, LIMERICK
- Sale date
- Declared sale price
- €220,000.00
APT 109, THE PARK, LORD EDWARD ST
- Sale date
- Declared sale price
- €130,000.00
APT 413, THE PARK, LORD EDWARD ST
- Sale date
- Declared sale price
- €130,000.00
Recent sales in the wider Limerick area
AGHLACCA, LIMERICK, LIMERICK
- Sale date
- Declared sale price
- €380,000.00
50 LOWER CAREYS RD, LIMERICK, LIMERICK
- Sale date
- Declared sale price
- €240,000.00
65 MAYORSTONE DR, LIMERICK, LIMERICK
- Sale date
- Declared sale price
- €426,921.77
21 OCURRY PLACE, LIMERICK, LIMERICK
- Sale date
- Declared sale price
- €210,000.00
16 SEAN HEUSTON PLACE, LIMERICK, LIMERICK
- Sale date
- Declared sale price
- €225,000.00
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: €2,350 — 1% of €235,000.
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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: €1,500 to €3,000 excluding VAT and outlays.
- Land registration fees: €400 to €800 depending on the property value and registration type.
- Property valuation fees: €150 to €300 for a standard mortgage valuation.
- Surveyor fees: €350 to €700 depending on the level of detail required for the apartment.
- Annual home insurance: €300 to €600 depending on the provider and level of contents and building cover.
Forum Talk
What people are saying about this area
- Residents on local forums frequently discuss the ongoing appeal of city centre living in Limerick, highlighting the convenience of walking to nearby schools and retail amenities.
- Discussions regarding The People's Park often focus on community events, maintenance, and its appeal as a green space directly adjacent to urban residential areas.
- Local community groups often share updates on city council initiatives aimed at urban regeneration and improving pedestrian infrastructure around Lord Edward Street.
- Commentary on apartment living in central Limerick typically notes the balance between high walkability scores and considerations regarding annual service charges.
LifeFit Assessment
How well this property may suit your lifestyle
Family
7 areas- Young Children5/10
The apartment has two bedrooms and is located on the ground floor with lift-free access concerns for strollers, though it overlooks the park.
- Teenagers6/10
City centre living offers great convenience to secondary schools and colleges, but a two-bedroom apartment provides limited private space for teenagers.
- Multi-generational Living2/10
A two-bedroom layout with two bathrooms is far too cramped to comfortably accommodate multiple generations under one roof.
- Single Buyers9/10
An ideal setup for a single buyer seeking a manageable city centre home with two bedrooms and private parking at an asking price of €235,000.
- Couples8/10
Provides a convenient urban lifestyle for couples, featuring an open-plan living, kitchen, and dining area and two double bedrooms.
- Empty Nesters8/10
Low maintenance living with ground floor access and a central location make this appealing for downsizers looking to escape larger home upkeep.
- Retirees7/10
Proximity to city amenities and a low maintenance design suit retirees, though the D BER rating and €2,000 annual service charge should be factored into long-term plans.
Work
3 areas- Remote Working7/10
The second bedroom can easily function as a home office, though buyers should verify broadband speeds.
- Hybrid Commuting9/10
Being in the heart of Limerick City provides fantastic convenience for hybrid workers needing access to local transport links.
- Retired8/10
Suits retired individuals looking for a manageable lock-up-and-leave property with minimal physical upkeep.
Practical
8 areas- Ageing in Place7/10
Being a ground floor apartment helps with mobility, though buyers should verify any step access or internal thresholds.
- Low Maintenance9/10
A modern apartment with managed common areas and a €2,000 annual service charge ensures minimal exterior upkeep.
- Secure Gated Entry7/10
Features private parking and an alarm system, though buyers should verify the specific building security and gated access features.
- Minimalist Design8/10
Open-plan layout and built-in wardrobes lend themselves naturally to a streamlined, minimalist aesthetic.
- Flexible Floor Plans5/10
Standard two-bedroom apartment layout offers limited structural flexibility for future reconfiguration.
- Heritage Home1/10
This is a modern apartment building rather than a period or heritage home.
- Ecological Setup4/10
The property carries a D BER rating, indicating that energy efficiency could be significantly improved by a future owner.
- Outdoor areas5/10
Lacks a private garden or balcony, but sliding doors look directly out onto the people's park.
Interests
9 areas- Gardening2/10
As a ground floor apartment with no private garden space, opportunities for personal gardening are virtually non-existent aside from potted plants.
- Walking9/10
Exceptional walkability to city centre amenities, schools, and the adjacent people's park right outside the sliding doors.
- Gym8/10
The central urban location ensures easy access to various commercial gyms and fitness facilities within the city centre.
- Cycling7/10
City centre location allows for straightforward cycling commutes, though urban traffic conditions apply.
- Golf5/10
Requires travel outside the immediate city centre to reach local golf clubs, though standard regional courses are accessible.
- Fishing4/10
Proximity to the River Shannon provides regional fishing options, though not directly outside the property.
- Horse Riding2/10
Urban setting is completely unsuited for horse riding enthusiasts without traveling to rural stables.
- Water Sports4/10
The nearby River Shannon offers some local water activities, but dedicated facilities require travel.
- Entertaining6/10
The open-plan living, dining, and kitchen area works well for small gatherings, though space is constrained compared to a detached house.
Lifestyle
5 areas- Quiet Living4/10
Being situated in the heart of Limerick City overlooking a popular park means exposure to typical urban sounds and foot traffic.
- Rural Living1/10
This is a distinctly urban apartment setting right in the city centre with zero rural characteristics.
- Village Living5/10
While urban, the immediate proximity to local shops, cafes, and people's park offers a tight-knit community feel.
- Coastal Living1/10
The property is located inland in Limerick City with no coastal proximity.
- Urban Living10/10
Positioned right in the heart of Limerick City with shops, restaurants, pubs, and amenities literally on the doorstep.
Social
6 areas- Community Involvement6/10
Urban setting offers various local groups and associations, though community integration depends on personal effort in an apartment block.
- Café Culture10/10
Cafes, restaurants, and pubs are right on the doorstep in the heart of the city.
- Nightlife9/10
Extensive nightlife options including pubs and restaurants are within a short walking distance.
- Health/Wellness groups8/10
Easy access to pilates & stretching studios, gyms, and wellness classes across the city centre.
- Networking Opportunities9/10
Central urban location is ideal for professionals seeking networking events and business hubs.
- Tech-Hub Connectivity8/10
Limerick City provides solid infrastructure for tech and professional connectivity.
Listing information
- Agent
- Chesser Auctioneers
- Phone
- 061 419 799
- Current status
- active
- Published on HouseDelve
- 18 October 2026
- Correction
- Report an issue
HD-06CD87HouseDelve · 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.