Photograph 1 of 9 of Apartment 2 Block A City Gate, Connolly Street, Sligo, County Sligo
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Apartment 2 Block A City Gate, Connolly Street, Sligo, County SligoF91W265

€150,000

2 Bed~2 Bath~56 m²~BER F

What you'll like:

  • Affordable Entry Point: The asking price of €150,000 represents an accessible option for first-time buyers and investors looking to enter the property market without overextending financially.
  • Central Location: Situated within walking distance of local services, shops, and restaurants in town, offering supreme daily convenience for residents who prefer not to rely on a car.
  • Ground Floor Living: Features a convenient ground floor position, eliminating the need to climb stairs and ensuring effortless day-to-day access for all occupants.
  • Wheelchair Accessible: Designed with accessibility features throughout, broadening its appeal to individuals with mobility needs and enhancing long-term usability for diverse demographics.
  • Outdoor Space Included: Benefits from a private rear patio area, providing a designated outdoor spot to relax and enjoy fresh air without extensive gardening upkeep.
  • Designated Parking: Comes with one assigned secure underground parking space, removing the daily stress of searching for a vehicle spot in a busy urban environment.
  • Two-Bathroom Configuration: Includes both a main bathroom and an en-suite facility, reducing morning congestion and offering added privacy for occupants or guests.
  • Turnkey Contents Included: Being sold with full contents included, allowing the purchaser to move in or rent the property out immediately without additional upfront furniture costs.
  • Management Coverage: The annual management fee covers building insurance, refuse collection, and common area upkeep, streamlining administrative chores and offering structured community living.
  • Rental Reset Potential: Presents a strong investment opportunity with the potential to reset rental income to current market rates, appealing directly to buy-to-let purchasers.
  • Compact Maintenance: With a floor area of 56 square metres, the property requires minimal upkeep and lower cleaning effort compared to larger detached houses.
  • Stable Asking Price: The recorded asking price has remained stable at €150,000 without erratic fluctuations, suggesting a straightforward and transparent pricing strategy by the seller.
  • Proximity to Public Transport: Being close to local transport links makes commuting or travelling around the wider region straightforward for working professionals or students.
  • Compact Open Plan: The combined kitchen, living, and dining area maximizes the available 56 square metres effectively to create a bright and functional social space.
  • En-Suite Convenience: Bedroom two features an en-suite bathroom equipped with an electric shower, adding a touch of modern privacy and independent utility.
  • Double Glazing Fitted: Equipped with PVC double glazed windows, helping to reduce outside street noise and improve overall indoor thermal retention during colder months.
  • Patio Access: Direct patio doors leading from the living space into the rear outdoor area enhance natural light penetration and indoor-outdoor flow.
  • Manageable Fees: An annual management fee of €1,500 is relatively standard for managed apartment complexes that include refuse and insurance coverages.
  • Active Agency Listing: Managed by an established local estate agent, ensuring that inquiries, viewings, and negotiations can be handled through professional channels.
  • Broad Purchaser Appeal: The combination of accessibility, low maintenance, and two bedrooms ensures strong future resale or re-letting demand from a wide buyer pool.

But keep in mind:

  • Poor Energy Rating: The property carries a low BER rating of F with a heavy energy performance indicator, indicating significant thermal inefficiency and high heating costs.
  • Potential Retrofit Costs: Bringing an F-rated apartment up to modern energy standards will likely require substantial financial investment in insulation, heating upgrades, or windows.
  • Compact Floor Area: Measuring only 56 square metres, the apartment offers limited interior space, which may feel cramped for long-term multi-person occupancy or storage.
  • Electric Heating Reliance: The reliance on electric heating can lead to higher monthly utility bills compared to more efficient gas or heat pump systems.
  • Ongoing Management Fees: The annual management fee of €1,500 is a perpetual overhead that will continue to rise over time regardless of mortgage status.
  • Management Company Reliance: Owners are dependent on Neptune Property to properly maintain common areas and manage building insurance effectively to protect property value.
  • Underground Parking Security: Secure underground parking spaces require careful monitoring by management to prevent unauthorized access, vehicle break-ins, or barrier malfunctions.
  • High Energy Indicator: The energy performance indicator of 362 kWh/m2/yr is extremely high, meaning the buyer should budget for cold drafts and expensive winter bills.
  • Compact Second Bedroom: Bedroom one measures approximately 2.76m by 2.44m, offering restricted floor space that may only comfortably fit a single bed or compact home office.
  • Potential Sinking Fund: Buyers should investigate whether the management company maintains an adequate sinking fund to cover major future roof or structural repairs.
  • Urban Noise Exposure: Being situated on a town street and part of a multi-unit block may expose residents to occasional traffic noise and neighboring disturbances.
  • Limited Storage Options: The listing details do not highlight dedicated external storage lockers, meaning bulky items, bicycles, or suitcases must be kept inside the apartment.
  • Leasehold Restrictions: As an apartment, buyers will be bound by complex multi-unit development house rules regarding pets, sub-letting, and structural modifications.
  • Potential Insurance Exclusions: The management fee covers building insurance, but contents insurance must be independently sourced and managed by the homeowner.
  • Market Price Stability: While the stable asking price avoids over-inflation, it also indicates the seller is holding firm and may leave little room for aggressive discounting.
  • Electric Shower Limits: The en-suite electric shower relies on electrical demand systems which can experience flow limitations or maintenance issues over time.
  • Shared Common Areas: Maintenance standards of communal hallways, stairwells, and grounds depend entirely on the collective engagement and fee compliance of all co-owners.
  • Future Regulatory Risks: Stricter energy efficiency regulations for rental properties mean landlords could face legal hurdles if the F rating is not upgraded soon.
  • Resale Liquidity Factors: Low BER ratings and small apartment sizes can sometimes deter cautious buyers, potentially lengthening future marketing times upon resale.
  • Thorough Survey Needed: Given the age and energy profile of the building, buyers should commission an independent structural survey to check for hidden dampness or ventilation issues.

Price positioning

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This comparison depends on limited public and listing evidence, which may be incomplete, outdated or not directly comparable. The score is not a percentage, professional valuation or guaranteed estimate. Ask an independent qualified valuer before relying on a property value.
The asking price looks slightly undervalued compared with the available evidence.
  • The asking price appears modestly undervalued when evaluated against recent recorded completions for similar apartments within the exact same residential development, pointing to a potentially competitive entry point designed to attract immediate buyer interest and activity.
  • Valuation signals are clearly influenced by the property's weak energy rating which typically demands capital expenditure for thermal upgrades, contrasting favourably with the convenience of a ground floor layout, assigned parking and full contents inclusion.
  • Potential support for this pricing strategy comes from strong rental demand and achievable market rents within the local area, whereas factors that could undermine value include ongoing management fees and the energetic inefficiency of electric heating systems.
  • Additional market relevance is provided by steady historical transactions in the wider neighbourhood confirming broader baseline demand, suggesting that any final achieved sale figure could comfortably align with or slightly exceed the initial asking price.

Build Analysis

What we know from similar construction types

  • The property is a ground floor apartment with a floor area of 56 square metres, featuring two bedrooms and two bathrooms, along with wheelchair accessibility throughout and a rear patio area.
  • The building utilizes electric heating and PVC double-glazed windows, which should be inspected for thermal efficiency given the apartment's current energy rating.
  • Buyers should investigate the annual management fee of 1,500 euros, verify what specific services are covered by Neptune Property management, and check the sinking fund status and rules regarding rentals or pets.
  • As a ground floor apartment, a buyer should verify insulation standards, damp proofing, and potential soundproofing from upper floors or common areas.

Retrofit Cost*

Possible renovating / insulating expenditure

  • The property holds a weak BER rating of F with an energy performance indicator of 362 kWh/m2/yr, indicating that a deep retrofit is necessary to achieve modern energy efficiency standards.
  • Estimated deep retrofit costs for a 56 square metre apartment typically range between 20,000 and 35,000 euros, depending on the extent of works required.
  • Key upgrades would likely include internal or external wall insulation where permitted by the management company, upgrading the electric heating system to more efficient alternatives such as modern heat pumps or high-retention storage heaters, upgrading windows and doors if necessary, and installing mechanical ventilation.

Heating cost*

Estimated expense to heat this property every year

  • Estimated annual heating cost: €1,200 to €1,600
  • Explanation: Given the property has a floor area of 56 square metres, an F energy rating, and relies on electric heating, energy consumption will be relatively high per square metre due to poor thermal efficiency.

Pollution Safe

8/10

Environmental situation to investigate

  • The property is situated in an established urban setting in Sligo town, generally appearing distant from major heavy industrial facilities or prominent modern landfill sites.
  • Any potential legacy industrial or localized urban environmental concerns should be verified independently as part of standard pre-purchase due diligence.

Flood Safe

7/10

Water overflow reports to follow up

  • The general region includes areas near watercourses, and buyers are advised to check local historical mapping and environmental agency data regarding any localized flood risk.
  • Prospective purchasers should consult specialist flood risk assessments to confirm the specific vulnerability of the ground floor apartment location.

Recent Local Sales

Verified residential transactions published in the previous five years

Sales on the same street or estate

  • APT B34 - CITY GATE, CONNOLLY STREET, SLIGO

    Sale date
    Declared sale price
    €146,000.00
  • APT 46, BLOCK B, CITY GATE

    Sale date
    Declared sale price
    €140,000.00
  • APT C8, CITY GATE, SLIGO

    Sale date
    Declared sale price
    €178,500.00
  • APT 4 BLOCK B, CITY GATE, CONNOLLY ST

    Sale date
    Declared sale price
    €170,000.00
  • 41 CITY GATE, CONNOLLY ST, SLIGO

    Sale date
    Declared sale price
    €160,000.00

Recent sales in the wider Sligo area

  • 22 ST JOSEPHS TERRACE, SLIGO, SLIGO

    Sale date
    Declared sale price
    €167,500.00
  • 41 ST ANNES TERRACE, SLIGO, SLIGO

    Sale date
    Declared sale price
    €160,000.00
  • 7 ST JOACHIMS TERRACE, SLIGO, SLIGO

    Sale date
    Declared sale price
    €211,000.00
  • 18 ST JOACHIMS TERRACE, SLIGO, SLIGO

    Sale date
    Declared sale price
    €255,000.00
  • 5 OLD MARKET ST, SLIGO, SLIGO

    Sale date
    Declared sale price
    €290,000.00

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: €1,500 — 1% of €150,000.
    ?
    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 €2,500 plus outlay and VAT
  • Land registration fees: €175 to €700 depending on the property value and registration type
  • Property valuation fees: €150 to €300
  • Surveyor fees: €300 to €600
  • Annual home insurance: €350 to €600

Forum Talk

What people are saying about this area

  • Local community discussions often focus on the ongoing development and regeneration of the Sligo town area, particularly regarding central apartment living and convenience.
  • Residents frequently highlight the benefits of living within walking distance of Sligo's main amenities, shops, and public transport links.
  • Property forums and local groups occasionally discuss the demand for well-located multi-unit developments and rental properties in the town center.
  • Discussions among local homeowners often touch upon management company fees and the general upkeep of communal areas in managed apartment complexes.

LifeFit Assessment

How well this property may suit your lifestyle

Family

7 areas
  • Young Children

    The apartment is only 56 m² with 2 bedrooms, offering limited indoor space for growing young children, and outdoor play areas are restricted to a small rear patio rather than a large secure garden.

    3/10
  • Teenagers

    A compact two-bedroom layout provides very little privacy or personal space for teenagers, making it a tight fit for family living.

    3/10
  • Multi-generational Living

    With a total floor area of 56 m² and only two bedrooms, multi-generational living is practically unfeasible here.

    1/10
  • Single Buyers

    The apartment offers a manageable, low-maintenance footprint and an accessible urban location that is ideal for a single buyer entering the property market.

    9/10
  • Couples

    An efficient 2-bedroom, 2-bathroom layout with a convenient town location provides a comfortable and affordable setup for couples.

    8/10
  • Empty Nesters

    Downsizers will appreciate the ground floor setting, wheelchair accessibility throughout, low-maintenance living, and manageable size.

    9/10
  • Retirees

    Features such as ground floor access, wheelchair accessibility, and managed common areas make this an exceptionally comfortable choice for retirees looking to simplify.

    9/10

Work

3 areas
  • Remote Working

    The two-bedroom configuration allows one room to serve as a home office, though overall floor space is compact at 56 m².

    7/10
  • Hybrid Commuting

    Proximity to public transport and local amenities makes hybrid commuting convenient for working professionals.

    8/10
  • Retired

    With ground-floor access, low maintenance, and manageable upkeep supported by a management company, this suits a retired lifestyle well.

    9/10

Practical

8 areas
  • Heritage Home

    This is a modern apartment development rather than a period or heritage property.

    1/10
  • Ageing in Place

    Ground floor accessibility and wheelchair accessibility throughout make this home exceptionally well-suited for ageing in place.

    9/10
  • Low Maintenance

    Covered management fee arrangements handle building insurance, refuse, and common area upkeep, ensuring hassle-free ownership.

    9/10
  • Secure Gated Entry

    The property benefits from assigned secure underground parking and a managed building layout.

    7/10
  • Minimalist Design

    The compact 56 m² floor plan naturally lends itself to a streamlined, minimalist lifestyle.

    8/10
  • Flexible Floor Plans

    With a fixed apartment layout of 56 m², structural alterations are restricted, offering limited room for floor plan flexibility.

    5/10
  • Ecological Setup

    The BER rating of F indicates high energy consumption, meaning buyers should investigate potential retrofit upgrades to improve thermal efficiency.

    3/10
  • Outdoor areas

    Features a private rear patio area and assigned parking, providing functional outdoor space without high maintenance demands.

    6/10

Interests

9 areas
  • Gardening

    Outdoor space is strictly limited to a rear patio and managed common areas, leaving virtually no room for conventional gardening.

    2/10
  • Walking

    The central town location places everyday amenities, shops, and local services within easy walking distance.

    8/10
  • Gym

    Proximity to town centre amenities provides reasonable access to local fitness facilities and health clubs.

    7/10
  • Cycling

    Town-centre living allows for cycling to local destinations, though riders should navigate standard urban traffic conditions.

    6/10
  • Golf

    While local golf courses can be reached via a short drive, the property itself is entirely urban-focused.

    5/10
  • Fishing

    County Sligo offers notable angling opportunities, but residents will need transport to reach prime fishing spots outside the immediate town center.

    4/10
  • Horse Riding

    An urban apartment setting does not accommodate equestrian interests onsite, requiring travel to regional stables.

    2/10
  • Water Sports

    While Sligo has regional access to water sports, the immediate town location offers no direct aquatic amenities.

    3/10
  • Entertaining

    The open-plan kitchen, living, and dining room combined with a rear patio offers modest hosting space, though the 56 m² total area limits large gatherings.

    5/10

Lifestyle

5 areas
  • Quiet Living

    While the development is manageable, its central town position means buyers should expect typical urban background sounds and activity.

    6/10
  • Rural Living

    This is a town-centre apartment setting with urban amenities right on the doorstep, offering none of the characteristics of rural life.

    1/10
  • Village Living

    The property sits in an urban town environment rather than a traditional village setting, though local shops and services are within walking distance.

    4/10
  • Coastal Living

    Located in Sligo town, it is removed from direct coastal access, though coastal areas in the wider county remain reachable by transport.

    3/10
  • Urban Living

    Situated within walking distance of local services, public transport, shops, and restaurants, this property delivers high convenience for urban residents.

    9/10

Social

6 areas
  • Community Involvement

    Being positioned in an established town area allows residents to integrate into local community networks and groups.

    6/10
  • Café Culture

    Walking distance to local restaurants and town amenities gives residents strong access to nearby socializing and cafe options.

    8/10
  • Nightlife

    The central location places local pubs, dining, and evening entertainment venues within easy reach.

    7/10
  • Health/Wellness groups

    Proximity to town infrastructure supports participation in local wellness classes, pilates & stretching groups, and health clubs.

    7/10
  • Networking Opportunities

    Urban positioning facilitates professional networking and local business community engagement.

    6/10
  • Tech-Hub Connectivity

    Standard urban connectivity is available, though buyers should verify specific broadband speeds and provider options.

    5/10

Listing information

Agent
David Reynolds Auctioneer
Phone
071 9151161
Current status
active
Published on HouseDelve
2 November 2026
Correction
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Property reference: HD-647FCAHouseDelve · Republic of Ireland

Report 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.