Photograph 1 of 9 of Apartment 33, Traders Wharf, Ushers Quay, South City Centre, Dublin 8
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Apartment 33, Traders Wharf, Ushers Quay, South City Centre, Dublin 8D08K7Y7

€185,000

1 Bath~32 m²~BER D

What you'll like:

  • Prime central location: Positioned directly on the banks of the River Liffey, this apartment offers exceptional walkability to major employment hubs, cultural attractions, and entertainment districts across the inner city.
  • Excellent public transit access: The Luas Red Line stops at Four Courts and Smithfield are just across the river, providing swift connectivity to the IFSC, Docklands, and Connolly Station.
  • Proximity to Heuston Station: Mainline rail services to Cork, Galway, Limerick, and beyond are within easy walking distance, making regional travel highly convenient for residents without cars.
  • Strong rental demand history: A previous rent set of one thousand six hundred thirty euros per month in late twenty twenty-four highlights robust historical yields attractive to prospective buy-to-let investors.
  • Quiet rear aspect positioning: Situated at the rear of the development at first-floor level, the unit benefits from reduced street noise despite its bustling central city quayside address.
  • Charming communal garden: Residents enjoy access to a beautifully maintained courtyard complete with a pergola, seating areas, and colourful planting, which is a rare luxury for central city apartments.
  • Clever studio layout design: The interior maximizes its thirty-two square metres efficiently, featuring a bespoke bed set into a fitted cabinet surround alongside integrated wardrobes for optimized space utilization.
  • Bright interior environment: The living and sleeping quarters are described as light-filled, creating a welcoming and comfortable atmosphere despite the compact footprint of the compact apartment layout.
  • Functional kitchen configuration: Equipped with a range of floor and eye-level units, an electric cooker, fridge-freezer, and washer-dryer, the dedicated kitchen area provides essential self-sufficiency.
  • Modern shower room features: The bathroom includes a corner shower enclosure, a vanity wash hand basin, and a tall storage unit, offering practical amenities within a well-maintained tiled space.
  • Attractive entry price point: Listed at one hundred eighty-five thousand euros, this property provides an accessible stepping stone for first-time buyers seeking an affordable foothold in the capital.
  • Stable asking price history: Observations show the price has remained steady at one hundred eighty-five thousand euros, indicating a transparent initial valuation without erratic fluctuations by the vendor.
  • Walking distance to universities: The central position places major third-level institutions and educational facilities within manageable commuting distance for students or academic professionals.
  • Vibrant neighborhood amenities: Smithfield, the Liberties, and Temple Bar are just a short stroll away, offering endless options for dining, socializing, and cultural exploration on your doorstep.
  • Proximity to Phoenix Park: One of Europe's largest enclosed city parks is minutes away, providing vast green spaces for outdoor recreation, running, and weekend relaxation.
  • Established employment hubs: Major local employers including the Digital Hub, St James's Hospital, and the Four Courts are close by, ensuring a continuous pool of potential tenant professionals.
  • Cycling and bike sharing: Numerous Dublin Bikes stations nearby and dedicated quayside cycling infrastructure support active, eco-friendly commuting habits throughout the metropolitan area.
  • Easy motorway connectivity: The N4, N7, and M50 are easily accessible by car, facilitating convenient vehicular journeys out of the city and toward the wider national road network.
  • Manageable maintenance fees: The yearly management fee of one thousand two hundred forty-three euros covers essential building upkeep and communal areas, remaining relatively standard for managed city blocks.
  • Ready for immediate occupation: Available for viewing now and featuring included appliances, the property is primed for a swift transaction process for motivated buyers and investors.

But keep in mind:

  • Modest floor area constraints: Measuring only thirty-two square metres, the compact studio layout may feel restrictive for long-term living or for buyers requiring distinct multi-room separation.
  • Subpar energy rating: The property holds a D BER rating, which indicates potential thermal inefficiencies and could result in higher heating bills or necessitate future energy upgrade investments.
  • Management company scrutiny required: Buyers must thoroughly investigate the management company accounts, sinking fund reserves, and upcoming capital expenditure plans to guard against unexpected special levies.
  • Single bathroom configuration: Featuring only one combined shower room with no bathtub, the property offers limited sanitary flexibility which may not suit all buyer demographic preferences.
  • Studio spatial limitations: Combining the living, sleeping, and kitchen spaces into one contiguous footprint requires careful organization and may challenge individuals working from home regularly.
  • Quayside traffic congestion: Usher's Quay is a major arterial route experiencing heavy traffic flow, potentially contributing to elevated ambient noise and localized air pollution levels outside.
  • Rental cap regulatory risks: Future rental income growth may be restricted by existing rent pressure zone regulations, capping potential yield increases regardless of broader market appreciation rates.
  • Lack of private outdoor space: While the communal garden is attractive, the apartment itself lacks a private balcony or terrace for exclusive outdoor relaxation and fresh air access.
  • Elevator and access reliance: As a first-floor unit, prospective buyers should verify lift reliability and accessibility standards for residents with mobility impairments or heavy luggage.
  • Potential storage constraints: Aside from the fitted wardrobe and hot press, overall storage capacity is limited, requiring minimal possessions or off-site solutions for bulky items.
  • Financing restrictions for size: Some mortgage lenders impose stricter minimum square footage criteria for residential loans, potentially complicating mortgage approval for properties under thirty-five square metres.
  • Lack of designated parking: The listing does not mention an assigned parking space, meaning vehicle owners must rely on street parking or expensive alternative garage arrangements.
  • Sinking fund adequacy check: Due diligence must confirm whether the annual fee of one thousand two hundred forty-three euros adequately contributes to long-term structural repairs for the development.
  • Plumbing and hot water review: The presence of a hot press and wall-mounted heaters should be inspected to ensure the water heating and electrical systems meet modern efficiency standards.
  • Fire safety compliance verification: Buyers' solicitors should inspect fire safety certification and compartmentation reports for the wider apartment complex to ensure full regulatory compliance.
  • Insurance cost implications: Properties situated directly adjacent to riverbanks may face higher buildings insurance premiums or specific flood risk policy exclusions requiring careful verification.
  • Leasehold covenants and rules: Reviewing the property lease is vital to understand restrictions regarding pet ownership, subletting limits, and interior alterations enforced by the management entity.
  • Security and access control: Prospective occupants should inspect the security measures of the development entrances and communal hallways to ensure a safe residential environment.
  • Resale liquidity considerations: Studio apartments can sometimes experience longer marketing periods during market downturns compared to larger multi-bedroom family homes in the same area.
  • Vendor motivation ambiguity: The stable asking price history without recent reductions provides little insight into seller flexibility, requiring buyers to test negotiation limits carefully.

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 very strongly undervalued compared with the available evidence.
  • The asking price appears significantly undervalued relative to typical transactions within the same development, immediately signaling an aggressive marketing strategy designed to attract high volumes of interest and potentially spark competitive bidding among prospective buyers.
  • Valuation signals strongly indicate a low initial figure, contrasted by robust rental history data showing strong monthly returns and a manageable annual management fee, which normally supports a higher capital value for central urban properties.
  • Such a low asking price could be heavily undermined if structural limitations, severe financing restrictions due to the D energy rating, or major upcoming capital levies on the development deter mortgage-reliant purchasers from bidding aggressively.
  • Relevant contextual factors include the compact 32 square metre floor area and studio layout, which naturally restricts the buyer pool primarily to cash purchasers or investors, explaining the strategic decision to set a low entry price.

Build Analysis

What we know from similar construction types

  • The property is a compact studio apartment of approximately 32 square meters located on the first floor to the rear of a development.
  • Heating is provided by storage heaters, which should be inspected for efficiency and modern compliance.
  • A buyer should investigate the management company accounts, sinking fund levels, and the annual management fee of €1,243 to ensure adequate maintenance of the communal garden and building structure.
  • Given its city-centre riverside location on Ushers Quay, a purchaser should verify any potential flood risk management measures or insurance implications associated with proximity to the River Liffey.

Retrofit Cost*

Possible renovating / insulating expenditure

  • The property has a BER rating of D, indicating that energy efficiency is below modern standards.
  • A deep retrofit for an apartment of this size (32 m²) would typically involve upgrading insulation, replacing storage heaters with more efficient heating solutions, and potentially upgrading windows.
  • Estimated deep retrofit costs are expected to range between €10,000 and €15,000, though apartment retrofitting is often subject to management company permissions regarding external works and window replacements.

Heating cost*

Estimated expense to heat this property every year

  • 800 to 1,100 euro per year
  • This estimate reflects the compact 32 square metre size of the studio apartment, its D energy rating, and reliance on electric heating.

Pollution Safe

8/10

Environmental situation to investigate

  • The location is in a long-established urban centre with typical city air quality considerations associated with quayside traffic.
  • There are no major heavy industrial facilities or active large-scale landfills immediately adjacent to this central city site.

Flood Safe

7/10

Water overflow reports to follow up

  • The property is situated directly on Ushers Quay along the banks of the River Liffey, representing a location where buyers should verify local historical river management and flood defences.
  • While formal defences exist along the quays, properties immediately adjacent to tidal rivers generally warrant standard due diligence regarding extreme weather events.

Recent Local Sales

Verified residential transactions published in the previous five years

Sales on the same street or estate

  • 41 TRADERS WHARF, USHERS QUAY, DUBLIN 8

    Sale date
    Declared sale price
    €280,000.00
  • 31 TRADERS WHARF, USHERS QUAY, DUBLIN 8

    Sale date
    Declared sale price
    €245,000.00
  • 2 TRADERS WHARF, USHERS QUAY, DUBLIN 8

    Sale date
    Declared sale price
    €335,000.00
  • 21 TRADERS WHARF, USHERS QUAY, DUBLIN 8

    Sale date
    Declared sale price
    €236,000.00
  • APT 44, TRADERS WHARF, USHERS QUAY DUBLIN 8

    Sale date
    Declared sale price
    €240,000.00

Recent sales in the wider Ushers Quay area

  • 17 CATHERINES CLOSE, CARMANS HALL, DUBLIN 8

    Sale date
    Declared sale price
    €350,000.00
  • 23 ST JAMES WOOD, SOUTH CIRCULAR RD, DUBLIN 8

    Sale date
    Declared sale price
    €418,000.00
  • 17 REUBEN ST, DOLPHINS BARN, DUBLIN 8

    Sale date
    Declared sale price
    €670,000.00
  • 46 TYRCONNELL PARK, INCHICORE, DUBLIN 8

    Sale date
    Declared sale price
    €752,525.00
  • 5 DONORE RD, CIRCULAR RD SOUTH, DUBLIN 8

    Sale date
    Declared sale price
    €685,000.00

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: €1,850 — 1% of €185,000.
    ?
    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 euro
  • Land registration fees: 400 to 800 euro
  • Property valuation fees: 150 to 250 euro
  • Surveyor fees: 300 to 600 euro
  • Annual home insurance: 300 to 500 euro

Forum Talk

What people are saying about this area

  • Residents on local forums frequently discuss the vibrant atmosphere of living along the Dublin quays, highlighting the convenience of walking to Smithfield and the Liberties.
  • Common community discussions mention the ongoing regeneration and density of the south city centre, with a strong focus on urban lifestyle and public transport access.
  • Local neighbourhood boards often share updates on city council initiatives regarding quayside traffic management and cycling infrastructure improvements.
  • Discussions regarding rental demand in the Dublin 8 district consistently point towards high interest from young professionals and students working or studying nearby.

LifeFit Assessment

How well this property may suit your lifestyle

Family

7 areas
  • Young Children

    At only 32 m² and configured as a studio apartment, this property lacks the space and safety features necessary for young children.

    2/10
  • Teenagers

    A single studio layout offers no private bedrooms or personal space, making it entirely unsuitable for teenagers.

    1/10
  • Multi-generational Living

    The compact 32 m² floor area and single bathroom cannot accommodate more than one or two occupants comfortably.

    1/10
  • Single Buyers

    Priced at €185,000 in a central Dublin location, this studio apartment is an exceptional and affordable entry point for single first-time buyers.

    9/10
  • Couples

    While the price and location are attractive for a couple starting out, the 32 m² studio layout provides very limited private living space.

    6/10
  • Empty Nesters

    The low-maintenance studio setup and prime city-centre location appeal to empty nesters seeking a manageable urban pied-à-terre.

    7/10
  • Retirees

    Though centrally located with good access to amenities, buyers should verify accessibility features such as lift access to the first-floor apartment.

    6/10

Work

3 areas
  • Remote Working

    The compact studio layout means living and sleeping spaces are combined, making dedicated home-working areas challenging to establish.

    6/10
  • Hybrid Commuting

    With the Luas Red Line, Heuston Station, and major bus routes within walking distance, commuting across Dublin or nationwide is exceptionally convenient.

    10/10
  • Retired

    Access to healthcare facilities like St James’s Hospital and central amenities makes it practical for retirees, subject to building access checks.

    7/10

Practical

8 areas
  • Ageing in Place

    Buyers should verify lift accessibility to this first-floor apartment, as a studio layout may lack long-term accessibility adaptations.

    4/10
  • Low Maintenance

    At 32 m² with a yearly management fee of €1,243 covering upkeep, maintenance requirements are minimal.

    9/10
  • Secure Gated Entry

    The development provides controlled access and a secure city-centre setting, though buyers should verify specific security measures.

    7/10
  • Minimalist Design

    The property inherently demands a minimalist lifestyle due to its compact 32 m² footprint and built-in storage solutions.

    9/10
  • Flexible Floor Plans

    As a compact studio apartment with fixed built-in bed cabinetry and a separate small kitchen, flexibility is very limited.

    3/10
  • Heritage Home

    This is a standard modern apartment development rather than a period or protected heritage structure.

    2/10
  • Ecological Setup

    The apartment carries a D BER rating, indicating that energy efficiency could be significantly improved by a prospective buyer.

    5/10
  • Outdoor areas

    While the apartment itself has no private balcony, it benefits from access to a shared communal garden complete with a pergola.

    6/10

Interests

9 areas
  • Gardening

    There is no private garden, though the development does feature a beautifully maintained communal garden with a pergola and planting.

    4/10
  • Walking

    The central location places the very best of Dublin city within easy walking distance, alongside nearby Phoenix Park.

    9/10
  • Gym

    The central Dublin location provides close proximity to numerous commercial fitness centres and urban health clubs.

    8/10
  • Cycling

    Dublin Bikes stations are close by and the flat quayside terrain offers good connectivity for urban cyclists.

    8/10
  • Golf

    Being in the dense city centre means golf courses require significant travel outside the immediate neighbourhood.

    3/10
  • Fishing

    While positioned right on the banks of the River Liffey, recreational fishing opportunities in the immediate city centre are limited.

    3/10
  • Horse Riding

    Equestrian facilities are entirely absent from this dense urban core.

    1/10
  • Water Sports

    The River Liffey at this stretch is not utilized for recreational water sports, requiring travel to coastal areas.

    2/10
  • Entertaining

    The 32 m² open-plan studio layout severely restricts hosting capacity, though the communal garden provides outdoor seating space.

    4/10

Lifestyle

5 areas
  • Quiet Living

    Positioned on Usher’s Quay along the River Liffey, residents will experience typical urban traffic and city-centre noise levels.

    4/10
  • Rural Living

    This is an intensely urban environment situated right in the heart of Dublin city centre.

    1/10
  • Village Living

    Proximity to vibrant nearby quarters like Smithfield offers a community village feel amidst the broader city setting.

    5/10
  • Coastal Living

    While situated by the River Liffey, the location offers urban waterside living rather than coastal access.

    2/10
  • Urban Living

    Located directly on Usher’s Quay with Smithfield, Temple Bar, and Grafton Street within easy walking distance, this is the definition of prime urban living.

    10/10

Social

6 areas
  • Community Involvement

    Urban apartment living tends to feature more transient communities, though the active management and communal garden foster resident interaction.

    5/10
  • Café Culture

    Directly across the river from Smithfield and close to the Liberties, residents have immediate access to an abundance of cafés and restaurants.

    10/10
  • Nightlife

    Proximity to Temple Bar, Smithfield, and central Dublin ensures endless nightlife, bars, and entertainment venues nearby.

    10/10
  • Health/Wellness groups

    The central location offers great access to pilates & stretching studios, gyms, and wellness classes across the city.

    8/10
  • Networking Opportunities

    Being close to major business districts and tech hubs like the Digital Hub provides strong professional networking potential.

    9/10
  • Tech-Hub Connectivity

    Proximity to the Digital Hub and easy transport links to the Docklands and IFSC make this an ideal base for tech professionals.

    9/10

Listing information

Agent
Russell Estate Agents
Phone
01 296 3557
Current status
active
Published on HouseDelve
28 October 2026
Correction
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Property reference: HD-741E2BHouseDelve · 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.