
Apartment 126, Block 4, Parkgate Place, Dublin 8, DublinD08R584
€249,000
1 Bed~1 Bath~BER C
What you'll like:
- Strategic city location: The apartment is positioned in Dublin 8 near major landmarks, ensuring high long-term rental demand and steady capital appreciation potential for investors.
- Unmatched park proximity: Located just a two-minute walk from Phoenix Park, residents enjoy immediate access to Europe's largest enclosed urban park for leisure activities.
- Exceptional transit access: A two-minute walk to the Luas light rail provides seamless connectivity to the core city centre and major commercial hubs across Dublin.
- Heuston Station proximity: Situated only four minutes away from Heuston Station, the property facilitates effortless national rail travel and regional commuting options.
- Desirable designated parking: Includes a rare dedicated parking space within central Dublin, significantly boosting tenant appeal and daily convenience for vehicle owners.
- Walkable urban lifestyle: Essential city amenities including cafés, restaurants, and local shops are easily accessible on foot, reducing daily reliance on transport.
- Walk to city centre: Reaching O'Connell Street in twenty-five minutes on foot offers incredible lifestyle convenience without paying peak city-centre purchase premiums.
- Established construction era: Built in 2001, the development benefits from modern building standards compared to older period conversions in the surrounding historic district.
- First floor advantage: Positioned on the first floor, the apartment offers easy accessibility via stairs or lifts while avoiding ground-floor security vulnerabilities.
- Moderate energy rating: A respectable BER C rating indicates reasonable thermal efficiency, reducing heating costs and satisfying basic regulatory standards for rental properties.
- Strong rental fundamentals: One-bedroom layouts in prime transit zones traditionally attract a vast pool of young professionals and corporate tenants seeking compact living.
- Proven investment profile: The combination of location, transport, and parking creates an ideal asset for building or expanding a residential property investment portfolio.
- Bus connectivity abundance: Regular bus services immediately outside the development provide alternative public transport routes for daily commuters working across the city.
- Grafton Street proximity: A thirty-minute walk or brief tram ride leads directly to premier shopping districts, enhancing the overall leisure and entertainment appeal.
- Compact maintenance footprint: A one-bedroom footprint ensures lower routine upkeep expenses and simplified turnaround management between successive tenant occupancy periods.
- High rental liquidity: Properties near major transit nodes typically experience minimal vacancy periods, ensuring consistent cash flow generation for prospective landlords.
- Employment hub access: Proximity to key legal, financial, and corporate employers in the western city commercial zones makes this an ideal commuter base.
- Established development context: Parkgate Place is a recognized residential scheme with an established community feel and functioning management structure already in place.
- Clear target market: The straightforward layout and positioning specifically target the lucrative single professional or couple demographic driving inner-city rental growth.
- Immediate viewing readiness: The property is marketed for prompt transaction execution, allowing cash-ready buyers to secure the asset quickly in a competitive market.
But keep in mind:
- Cash buyers restriction: The listing explicitly specifies cash buyers only, which eliminates conventional mortgage-backed purchasers and narrows the active buyer pool.
- Uncertain financing exclusion: The mandatory cash-only requirement strongly suggests potential title, leasehold, or structural complexities that buyers must thoroughly investigate.
- Omitted floor area: The absence of square footage details makes it difficult to assess true value per square metre without requesting official floor plans.
- Moderate energy efficiency: A C-class BER rating may require future energy upgrades to meet tightening environmental regulations and tenant expectations for lower bills.
- Annual management fees: The yearly service charge of €1,600 impacts net rental yields and is subject to future inflationary increases by the owners' management company.
- Single bedroom limitation: Restricting accommodation to one bedroom caps future tenant capacity, making it unsuitable for growing families or shared roommate living arrangements.
- Potential structural complexities: Buyers should verify if any unresolved fire safety or building defect remediation issues within Block 4 triggered the cash-only restriction.
- Management company oversight: Purchasers must review sinking fund balances and historical service charge arrears to guard against looming special assessment levies.
- Urban noise exposure: Proximity to major transport arteries like Heuston Station and busy roads may introduce ambient traffic noise requiring acoustic mitigation.
- Leasehold tenure check: Buyers must investigate the remaining lease term and ground rent conditions if the property operates under a long leasehold structure.
- Rental cap compliance: Prospective landlord buyers must check local Rent Pressure Zone regulations to determine legal limits on initial and recurring rental income.
- Service charge increases: Rising insurance and maintenance costs across apartment complexes could drive future management fees higher, compressing net investment returns.
- First floor privacy considerations: First-floor positioning facing communal areas or access paths might experience reduced privacy, requiring careful window treatment choices.
- Parking space title check: The legal conveyance must verify that the designated parking space has clear title deeds free from restrictive covenants or shared disputes.
- Lack of private outdoor space: The listing description omits mention of a balcony or terrace, which can limit the long-term appeal for remote-working tenants.
- Vender disclosure reliance: Prospective buyers must independently verify all agent claims regarding historical rental income and development stability during legal due diligence.
- Future development surround: Investigating local Dublin City Council zoning plans is essential to ensure nearby commercial projects will not obstruct light or views.
- Limited owner-occupier appeal: The strong investment slant and cash-only stipulation suggest the property may lack community stability features preferred by permanent residents.
- Common area maintenance: Buyers should inspect the general upkeep of lobbies, lifts, and stairwells in Block 4 to assess the management company's operational standards.
- Resale liquidity constraints: Restricting future resale markets exclusively to cash purchasers could potentially lengthen disposal times when exiting the investment.
Price positioning
?
- Recent transaction records from the Property Price Register show comparable one-bedroom apartments within the same development achieving sale prices ranging from approximately €260,000 to €315,000.
- The asking price of €249,000 sits below recent recorded transaction benchmarks for similar units in the complex, reflecting a potential discount for cash-only buyers.
- Restricting the purchaser pool strictly to cash buyers limits overall market demand, which can account for a more aggressive or discounted asking price strategy.
- Prospective purchasers should independently verify the management company accounts, lease terms, and building condition to ensure no hidden liabilities impact the investment value.
Build Analysis
What we know from similar construction types
- The property was built in 2001, placing it in a post-1990s construction era where modern building regulations apply, though a pre-sale structural survey is still advised.
- The listing specifies 'CASH BUYERS ONLY', which suggests potential financing restrictions or complexities related to the building's compliance, management structure, or fire safety standards that a buyer must investigate thoroughly.
- Management fees are listed at €1,600 per annum; a buyer should examine the sinking fund balance, upcoming maintenance works, and owners' management company (OMC) accounts.
- As a first-floor apartment in a multi-unit development, sound insulation between floors and party walls, as well as compliance with current fire safety regulations for apartment blocks, should be verified.
Heating cost*
Estimated expense to heat this property every year
- Estimated annual heating cost: €600 to €900
- Explanation: This is an approximate range for a standard 1-bedroom apartment with a BER rating of C. Actual heating expenses will vary based on individual energy usage habits, utility provider tariffs, and thermal retention.
Pollution Safe
8/10Environmental situation to investigate
- The development is situated in a built-up urban residential environment with no heavy industrial facilities or active large-scale landfills directly adjacent.
- Potential buyers should investigate historical urban land uses in the wider docklands and quayside corridor for any legacy contamination concerns.
Flood Safe
7/10Water overflow reports to follow up
- While the primary blocks are elevated above immediate street level, parts of the wider Parkgate Street and River Liffey corridor have historical proximity indicators for fluvial or tidal flood monitoring.
- Buyers should verify the specific flood zone designation and underground car park vulnerability via official local authority mapping.
Recent Local Sales
Verified residential transactions published in the previous five years
Sales on the same street or estate
37 PARKGATE PLACE, DUBLIN 8, DUBLIN
- Sale date
- Declared sale price
- €278,000.00
Recent sales in the wider Dublin 8 area
APT 62, BERTRAM COURT, CHRISTCHURCH DUBLIN 8
- Sale date
- Declared sale price
- €350,000.00
145 RIALTO COTTAGES, RIALTO, DUBLIN 8
- Sale date
- Declared sale price
- €370,000.00
ART 2 HERBERTON, 30 ST JAMESS WALK, RIALTO DUBLIN 8
- Sale date
- Declared sale price
- €366,000.00
20 OVOCA ROAD, SOUTH CIRCULAR ROAD, DUBLIN 8
- Sale date
- Declared sale price
- €935,000.00
26 LONG LANE, PORTOBELLO, DUBLIN 8
- Sale date
- Declared sale price
- €825,000.00
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 €2,490 (calculated at 1% of the €249,000 asking price for residential property)
- Solicitor legal fees: approximately €1,500 to €3,000 plus VAT (totaling roughly €1,845 to €3,690 depending on the practice)
- Land registration fees: approximately €600 to €700 for property value transfers between €50,001 and €400,000
- Property valuation fees: approximately €150 to €300
- Surveyor fees: approximately €250 to €500 depending on the depth of the structural report
- Annual home insurance: approximately €300 to €600 per year depending on the policy coverage and provider
Forum Talk
What people are saying about this area
- Residents frequently highlight Parkgate Place for its exceptional convenience, noting the immediate proximity to Phoenix Park and Heuston Station.
- Discussions on local urban forums often mention heavy traffic congestion along Parkgate Street and the Quays during peak commuting hours.
- Commenters point out that the strong rental demand in Dublin 8 makes compact one-bedroom units highly liquid for potential investors.
- Local groups often discuss ongoing improvements to pedestrian and cycling infrastructure connecting Islandbridge and Smithfield into the city centre.
LifeFit Assessment
How well this property may suit your lifestyle
Family
7 areas- Young Children3/10
This is a one-bedroom apartment with a compact layout, making it unsuitable for families with young children who require multiple bedrooms and dedicated play space.
- Teenagers2/10
A single-bedroom configuration lacks the necessary space and privacy for teenagers, making it a poor choice for households with older children.
- Multi-generational Living1/10
With only one bedroom, multi-generational living is completely unfeasible in this property.
- Single Buyers9/10
The one-bedroom layout and central Dublin location immediately adjacent to the Phoenix Park make this an ideal, highly manageable home for a single professional.
- Couples6/10
While the location is fantastic for couples wanting city access, the one-bedroom size offers limited personal space for two adults long-term.
- Empty Nesters7/10
Empty nesters looking to downsize to a low-maintenance city base near parks and public transport will find the size and location appealing.
- Retirees6/10
The first-floor position offers good accessibility, though prospective buyers should verify lift access within Block 4 to ensure ease of long-term mobility.
Work
3 areas- Remote Working7/10
A one-bedroom layout accommodates a remote work setup, though dedicated home office space may overlap with living areas.
- Hybrid Commuting10/10
With a 2-minute walk to the Luas and a 4-minute walk to Heuston Station, hybrid commuting across Dublin or nationally is exceptionally convenient.
- Retired6/10
Convenient for retirees who want urban amenities and transport links nearby, though management fees and cash-buyer restrictions apply.
Practical
8 areas- Ageing in Place5/10
Single-level apartment living is convenient, but buyers should verify elevator access to the first floor for long-term mobility needs.
- Low Maintenance8/10
As a managed apartment development built in 2001 with an annual management fee of €1,600, exterior upkeep is handled centrally.
- Secure Gated Entry7/10
Located in a modern residential development with a designated parking space, offering standard apartment security features.
- Minimalist Design8/10
The compact one-bedroom layout naturally lends itself to a streamlined, minimalist lifestyle.
- Flexible Floor Plans4/10
As a standard one-bedroom apartment, the layout offers limited flexibility for structural alterations or expansion.
- Heritage Home2/10
Built in 2001, this is a modern property rather than a traditional period or heritage home.
- Ecological Setup5/10
The property holds a BER C1 rating, which indicates standard energy efficiency for its construction era, though potential buyers may want to investigate upgrade options.
- Outdoor areas6/10
While private outdoor space is limited, the development benefits from immediate access to the vast open grounds of Phoenix Park.
Interests
9 areas- Gardening2/10
As a first-floor apartment, there is no private garden space, restricting gardening to indoor plants or containers on a small scale.
- Walking10/10
The property is right next to the Phoenix Park for extensive walking trails, and within easy walking distance of the heart of Dublin city centre.
- Gym7/10
The central location provides easy access to numerous fitness clubs and gyms throughout Dublin city centre and the surrounding quays.
- Cycling8/10
Proximity to Phoenix Park and the Dublin quays offers great cycling routes, though urban cycling requires caution.
- Golf5/10
While there are golf courses accessible further out in the city and county, they require travel from this central location.
- Fishing3/10
The River Liffey is nearby, but serious fishing opportunities require traveling outside the immediate city centre.
- Horse Riding4/10
Phoenix Park historically features equestrian facilities, but overall options nearby are limited compared to suburban or rural areas.
- Water Sports3/10
Water sports options are minimal in the immediate vicinity, though the Liffey and Dublin bay offer some activities further away.
- Entertaining5/10
The open-plan living area allows for small gatherings, but the one-bedroom size restricts hosting large groups.
Lifestyle
5 areas- Quiet Living5/10
Situated in a central urban residential development near major transport hubs and the city centre, residents should expect typical city noise levels.
- Rural Living1/10
This is a densely populated urban environment in Dublin 8, completely removed from rural characteristics.
- Village Living4/10
While close to the expansive green spaces of Phoenix Park, the immediate surroundings are urban and commuter-focused rather than village-like.
- Coastal Living1/10
The property is located inland in Dublin city centre, far from coastal areas.
- Urban Living10/10
Positioned just minutes from the Luas, Heuston Station, and city center amenities, this is the definition of prime urban living.
Social
6 areas- Community Involvement5/10
Apartment complex living offers structured management communities, but local neighborhood community groups are less tightly knit than in villages.
- Café Culture9/10
Excellent proximity to city-centre amenities, restaurants, and local cafés along the quays and surrounding neighborhoods.
- Nightlife9/10
Being within walking distance of Dublin city centre places a vast array of pubs, clubs, and entertainment venues right on the doorstep.
- Health/Wellness groups8/10
Abundant access to fitness classes, wellness groups, and health facilities throughout the central city area.
- Networking Opportunities9/10
The central location provides fantastic proximity to Dublin's primary business districts and professional networking hubs.
- Tech-Hub Connectivity9/10
Outstanding transport links make commuting to major tech employers across Dublin seamless and efficient.
Listing information
- Agent
- LWK Premium Collection
- Phone
- +353 153 10 777
- Published on HouseDelve
- 4 September 2026
- Correction
- Report an issue
HD-8DA6D5HouseDelve · Republic of Ireland* Estimate — not advice. Actual costs and outcomes can vary materially. Obtain current quotations and professional advice before making financial or property decisions.