Apartment 38, Block B, South Terrace Court, Cork City, CorkT12TP44
€320,000
2 Bed~1 Bath~50 m²~BER C2
What you'll like:
- Turnkey interior condition: The apartment has been recently refreshed with tasteful modern decor, meaning you can move in immediately without undertaking costly or time-consuming renovations.
- Designated parking space: Having a private designated parking space included within a city centre development is a rare and highly valuable convenience for vehicle owners.
- No rental cap applied: The property benefits from having no rental cap in place, making it an exceptionally attractive and flexible asset for residential property investors.
- West facing balcony: The open plan living area features French doors opening onto a west facing balcony, providing lovely afternoon sunlight and outdoor space.
- Prime central location: Situated in the heart of Cork city, residents enjoy immediate walking distance access to a comprehensive host of urban amenities and services.
- Modern upgraded bathroom: The bathroom has been recently updated with contemporary floor to ceiling tiling, a modern vanity unit, and a spacious double shower enclosure.
- Lift access available: The second floor apartment is easily accessible via a building lift, ensuring convenience for grocery shopping, luggage, and daily mobility.
- Strong local amenities: The immediate surrounding area is exceptionally well serviced with gyms, supermarkets, diverse dining options, pharmacies, and essential public transport links.
- Upcoming local improvements: The forthcoming Morrison Island public amenity development is expected to significantly enhance the local streetscape and long-term neighbourhood desirability.
- Pensions fund suitability: The lack of rental restrictions makes this compact urban property an ideal acquisition candidate for buyers utilizing a self-invested pension fund.
- Efficient open plan layout: The combined kitchen and living area maximizes the available square footage, creating a bright and sociable space for modern urban living.
- Fitted bedroom storage: Bedroom one includes floor to ceiling fitted wardrobes, providing excellent built-in storage solutions that help maximize bedroom floor space efficiency.
- Double glazed windows: The property is fitted with double glazed PVC windows, helping to reduce external street noise and improve overall internal thermal insulation.
- Established building age: Built around 1994, the development benefits from a mature management structure and settled community while remaining structurally sound.
- Onsite laundry appliances: The kitchen is already equipped with a washing machine and a tumble dryer, saving the buyer from purchasing essential white goods upfront.
- Integrated kitchen appliances: The kitchen includes fitted floor and eye level units alongside an integrated extractor hood and freestanding electric oven for immediate usability.
- Hot press storage: The entrance hall contains a dedicated hot press with shelving and a water tank, offering useful airing and household linen storage space.
- Attractive early payment discount: The annual management fee of 2,100 euros can be reduced to 1,900 euros by utilizing direct debit or paying early by April.
- High rental demand: The central city location ensures enduring popularity among prospective tenants, minimizing potential void periods for landlords seeking consistent rental yields.
- Compact maintenance profile: With a floor area of approximately 49 square metres, the property offers a low maintenance lifestyle that is exceptionally easy to manage.
But keep in mind:
- Substantial management fees: The annual management fee of 2,100 euros represents a significant ongoing cost relative to the property size and must be factored into your budget.
- Compact floor area: Measuring approximately 49 square metres, the apartment is relatively small, which may feel restrictive for long term living or growing households.
- Electric storage heating: The property relies on electric storage heating, which can sometimes be less responsive and more expensive to run compared to gas or heat pump systems.
- C2 energy rating: A BER rating of C2 indicates that the property's energy efficiency is average, and you may want to invest in upgrades to lower utility bills.
- Potential apartment noise: Being located in a central city development means potential exposure to urban street noise, nightlife activity, and sound transmission between neighboring units.
- Escalating management fees: Buyers should investigate historical increases in the annual service charges to ensure management company costs do not spiral unreasonably in future years.
- Sinking fund status: You should instruct your solicitor to thoroughly review the owners' management company accounts to verify that the building sinking fund is adequately funded.
- Limited kitchen workspace: The kitchen features a compact worktop area and vinyl flooring, which might feel slightly constrained for buyers who enjoy extensive home cooking.
- Second floor dependency: While there is lift access, reliance on a single elevator means you should verify maintenance contracts and contingency plans for potential mechanical breakdowns.
- Compact second bedroom: The second bedroom is smaller in scale and lacks built-in wardrobe storage, limiting its flexibility for use as a permanent double guest room.
- Free standing oven reliance: The kitchen utilizes a freestanding electric oven rather than a high-end integrated multi-function range, which may impact aesthetic integration.
- Lack of private garden: The property offers no private ground level green space outside of the west facing balcony, which may not suit pet owners or avid gardeners.
- Parking space allocation: Buyers must verify the exact legal title, physical location, and enforcement security of the designated parking space to prevent unauthorized usage issues.
- Future flood risk due diligence: Given its proximity to waterways in the city centre, buyers should verify local flood history and check insurance availability or premium impacts.
- Management company rules: Review the specific estate rules regarding pets, sub-letting caps, and common area usage before finalizing your purchase contract.
- Potential fire safety reviews: Ensure your surveyor or solicitor checks whether the wider apartment block complies fully with all contemporary apartment fire safety and building regulations.
- Bin storage and waste: Investigate the convenience, capacity, and management of communal waste disposal facilities to ensure adequate and clean refuse handling for residents.
- Common area maintenance: Inspect the internal hallways, stairwells, and shared building facilities to confirm that the management company maintains high standards of cleanliness.
- Electric heating efficiency: Prospective buyers should budget for potential future heating system upgrades, as older electric storage units can lack modern smart programming controls.
- Resale market liquidity: Smaller one or two-bedroom city centre apartments can sometimes experience fluctuations in resale liquidity depending on broader mortgage lending conditions.
Price positioning
?
- The asking price appears somewhat elevated relative to baseline verified transactions within the immediate residential block, suggesting a premium is being sought for its specific features rather than trading strictly in line with historical averages.
- Potential overvaluation signals stem from comparison against direct neighborhood sales data where similar footprint units exchanged hands at lower price points, though the inclusion of a designated parking space provides some offsetting tangible value.
- Strong turnkey presentation, updated interior finishes, and the absence of any rental caps could support this pricing level for prospective investors, whereas recurring management charges might undermine buyer enthusiasm over the longer term.
- Broader urban market dynamics and concentrated demand for central city living heavily influence this positioning, while ongoing local public amenity improvements could validate the higher quoting figure against future capital appreciation expectations.
Build Analysis
What we know from similar construction types
- The property is a second-floor apartment in a development built around 1994, featuring double-glazed PVC windows and a west-facing balcony.
- Heating is provided by electric storage heating, and there is lift access within the block.
- A buyer should investigate the annual management fees of €2,100 (which have an early payment discount option), what services and sinking fund provisions are covered, and the rules regarding apartment rentals and pets.
- It is advisable to check the fire safety compliance, sound insulation, and overall structural maintenance history of the multi-unit block.
Heating cost*
Estimated expense to heat this property every year
- Estimated annual heating cost: €900 to €1,200. This estimate is based on the property's 50 square metre floor area, a BER rating of C2, and the use of electric storage heating as noted in the listing details.
Pollution Safe
8/10Environmental situation to investigate
Flood Safe
7/10Water overflow reports to follow up
Recent Local Sales
Verified residential transactions published in the previous five years
Sales on the same street or estate
APT 27, BLOCK B, SOUTH TERRACE COURT
- Sale date
- Declared sale price
- €277,500.00
Recent sales in the wider Cork City area
148 LOWER GLANMIRE RD, CORK CITY, CORK
- Sale date
- Declared sale price
- €363,000.00
MELROSE, 24 VICTORIA RD, CORK CITY
- Sale date
- Declared sale price
- €1,740,000.00
18 CLOSES RD, FAIR HILL, CORK CITY
- Sale date
- Declared sale price
- €289,000.00
Surrender of Leasehold interest in, property at Lower Glanmire Road, Cork City
- Sale date
- Declared sale price
- €55,000.00
ROYMONT, 36 SIDNEY PARK, CORK CITY
- Sale date
- Declared sale price
- €550,000.00
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, amounting to €3,200 for a property valued at €320,000.
- Solicitor legal fees: roughly €1,500 to €3,000 excluding outlay and VAT.
- Land registration fees: approximately €700 for property registration and registry of deeds.
- Property valuation fees: around €150 to €300 depending on the lender and valuer.
- Surveyor fees: approximately €400 to €800 depending on the level of detail required for a structural survey.
- Annual home insurance: approximately €350 to €600 per year depending on the policy and contents coverage.
Forum Talk
What people are saying about this area
- Residents frequently discuss the convenience of living centrally in Cork City, highlighting easy access to local amenities, gyms, and supermarkets.
- Discussions on local forums often mention ongoing and upcoming public realm improvements, such as the Morrison Island public amenity project enhancing the area.
- Property management fees and apartment upkeep are common topics among owners in centrally located complexes.
- Traffic management and parking availability in the city centre are frequently debated by local residents.
LifeFit Assessment
How well this property may suit your lifestyle
Family
7 areas- Young Children3/10
The property is a compact two-bedroom apartment of approximately 50 square metres with limited indoor space and no private garden, making it less suitable for young children.
- Teenagers4/10
While the central city location provides access to amenities, the 50 square metre floor area offers very limited personal space for teenagers.
- Multi-generational Living2/10
With only one bathroom and a total floor area of 50 square metres, multi-generational living is highly impractical here.
- Single Buyers9/10
An ideal setup for a single buyer seeking a turnkey, centrally located apartment with two bedrooms and a designated parking space.
- Couples8/10
Offers a comfortable and low-maintenance home for a couple in the heart of the city, though space is modest at 50 square metres.
- Empty Nesters7/10
Well-suited for empty nesters looking to downsize to a manageable second-floor apartment with lift access and urban convenience.
- Retirees6/10
Lift access and city-centre amenities are pluses, though apartment living involves management fees and proximity to urban noise.
Work
3 areas- Remote Working7/10
Two bedrooms allow for a dedicated home office setup, though broadband speeds should be verified by the buyer.
- Hybrid Commuting9/10
Excellent proximity to bus routes and city-centre transport links makes hybrid commuting very convenient.
- Retired6/10
Manageable size and lift access suit retirement, though ongoing management fees apply.
Practical
8 areas- Ageing in Place5/10
Second-floor location with lift access helps, but apartment living and stair dependency during maintenance periods should be considered.
- Low Maintenance9/10
Turnkey condition, managed building blocks, and a compact 50 square metre footprint ensure minimal upkeep.
- Secure Gated Entry6/10
Includes a designated parking space, though buyers should verify the specific security mechanisms of the development.
- Minimalist Design8/10
Contemporary décor and open-plan layout naturally lend themselves to a minimalist lifestyle.
- Flexible Floor Plans4/10
Fixed apartment layout of 50 square metres offers limited scope for major layout changes.
- Heritage Home1/10
Built circa 1994, this is a modern purpose-built apartment rather than a heritage property.
- Ecological Setup4/10
BER rating is C2, which is average and indicates potential room for energy-efficiency upgrades.
- Outdoor areas3/10
Outdoor space is strictly limited to a west-facing balcony with no private garden.
Interests
9 areas- Gardening2/10
Limited to a west-facing balcony, offering very minimal scope for gardening activities.
- Walking9/10
The city-centre location makes walking to local amenities, shops, and upcoming public realm improvements exceptionally convenient.
- Gym9/10
A gym is highlighted as being in close proximity to the apartment.
- Cycling7/10
Central location facilitates urban cycling, though secure bicycle storage arrangements within the development should be verified.
- Golf4/10
Requires travel outside the immediate city centre to reach local golf courses.
- Fishing3/10
Proximity to the river offers theoretical access, but urban fishing opportunities are generally restricted.
- Horse Riding1/10
No equestrian facilities are available in this dense urban setting.
- Water Sports3/10
Proximity to the river does not directly translate to water sports infrastructure nearby.
- Entertaining5/10
Open-plan kitchen and living area with a west-facing balcony, but total indoor space of 50 square metres restricts large gatherings.
Lifestyle
5 areas- Quiet Living3/10
Located in a busy city-centre setting, urban background noise and activity are to be expected.
- Rural Living1/10
This is an urban apartment setting with no rural characteristics.
- Village Living5/10
Proximity to local shops and services offers some community feel, but this remains a core urban location.
- Coastal Living2/10
While near a river quay area, this is strictly an urban environment rather than coastal.
- Urban Living10/10
Exceptional urban fit with bars, restaurants, supermarkets, and a gym in close proximity.
Social
6 areas- Community Involvement5/10
Urban apartment living tends to be more private, though local neighbourhood amenities offer avenues for engagement.
- Café Culture10/10
A host of bars, restaurants, and cafes are in close proximity in the city centre.
- Nightlife9/10
Vibrant city-centre location puts numerous hospitality venues right on the doorstep.
- Health/Wellness groups8/10
Proximity to gyms and urban wellness facilities supports active lifestyles.
- Networking Opportunities8/10
Central urban setting provides strong access to business and social networking environments.
- Tech-Hub Connectivity8/10
City-centre location provides good connectivity to local employment and tech hubs, subject to verifying home internet infrastructure.
Listing information
- Agent
- Barry Auctioneers & Valuers
- Phone
- 021 427 9677
- Published on HouseDelve
- 21 September 2026
- Correction
- Report an issue
HD-7A5888HouseDelve · 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.