Photograph 1 of 7 of Apartment 405, The Park, Lord Edward Street, Limerick, County Limerick
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Apartment 405, The Park, Lord Edward Street, Limerick, County LimerickV94Y728

€235,000

2 Bed~2 Bath~70 m²~BER C

What you'll like:

  • City center convenience: Located right in the heart of Limerick City, this apartment offers exceptional access to urban amenities, reducing daily commute times and enhancing lifestyle appeal for working professionals.
  • Scenic park views: Sliding doors from the open-plan living area overlook the famous People's Park, providing a pleasant green backdrop and natural light that elevates everyday apartment living.
  • Academic proximity: The property sits within easy walking distance of major educational institutions like Mary Immaculate College and several reputable secondary schools, making it highly attractive for steady rental demand.
  • Spacious floor plan: Spanning seventy square meters, the apartment provides a well-proportioned layout featuring two double bedrooms and two bathrooms, avoiding the cramped feeling typical of smaller urban units.
  • Private parking included: Having a designated private parking space is a rare and valuable asset in a city center location, saving significant time and daily garage or street parking costs.
  • Built-in storage solutions: Both bedrooms feature fitted wardrobes, and additional storage is available off the entrance hallway, helping residents maximize usable floor space and maintain a clutter-free environment.
  • Ensuite master bedroom: The inclusion of an ensuite bathroom attached to the second bedroom adds privacy and convenience, which is a desirable feature for potential tenants or visiting guests.
  • Low maintenance living: As an apartment offering modern conveniences and managed common areas, it appeals strongly to downsizers or busy investors seeking to minimize ongoing property upkeep chores.
  • Stable asking price: Recorded pricing history shows the asking price has remained steady at 235000 euros without erratic increases, indicating a realistic initial valuation by the vendor for this market segment.
  • Open plan layout: The combined kitchen, dining, and living area creates a bright, sociable environment suitable for modern entertaining and relaxed daily routines without awkward compartmentalized hallways.
  • Abundant local amenities: Shops, pharmacies, restaurants, pubs, and cafes are immediately on the doorstep, offering incredible walkability and reducing reliance on personal vehicles for daily errands.
  • Rental market potential: Given the close proximity to third-level colleges and city employers, the property holds strong fundamentals for buy-to-let investors targeting reliable long-term rental income yields.
  • Secure alarm system: The unit comes equipped with an alarm installation, offering an immediate baseline of security for future occupants concerned about urban property safety measures.
  • Bright natural lighting: Large sliding doors and windows in the primary living zone ensure ample daylight enters the apartment, enhancing the interior ambiance and perceived room dimensions.
  • Clear BER rating: The property holds a C energy rating with a specific numerical performance indicator, giving buyers a transparent starting point for calculating potential efficiency upgrade pathways.
  • Manageable entry cost: At an asking price of 235000 euros for a seventy-square-meter two-bed unit, the property presents a relatively accessible price point for first-time buyers entering the city market.
  • Established residential block: Situated within an existing residential scheme known as The Park, buyers benefit from an established community feel rather than unproven speculative new-build developments.
  • Double bedroom sizing: Both bedrooms are designated as double rooms rather than cramped single study spaces, ensuring flexible accommodation arrangements for couples, roommates, or small families.
  • Accessible public transit: Being positioned centrally in Limerick provides effortless connectivity to broader bus and transport networks, facilitating seamless travel across the wider region without a car.
  • Straightforward layout: The functional separation between the sleeping quarters and the main living spaces promotes a logical flow that enhances privacy between the bedrooms and social zones.

But keep in mind:

  • Annual service charges: The property carries a significant annual service charge of two thousand euros, which directly impacts ongoing holding costs and must be factored into your long-term monthly budget.
  • Contradictory heating details: The listing description contains conflicting mentions of electric heating versus gas-fired central heating, so buyers must verify the actual heating system currently installed.
  • Moderate BER efficiency: A C energy rating indicates that thermal performance could be improved, potentially resulting in higher winter heating bills unless further insulation or window upgrades are implemented.
  • Unverified appliance condition: The selling agents explicitly note that no fixtures, fittings, or appliances have been tested, meaning buyers should budget for potential repairs or replacements upon moving in.
  • Urban noise exposure: Overlooking a busy public park and city center streets may expose residents to elevated ambient noise levels, particularly during weekends, fine weather, or community events.
  • Lack of private outdoor space: While the living area overlooks a park, the apartment lacks a private balcony or terrace, limiting direct outdoor access for fresh air without leaving the unit.
  • Static price persistence: The lack of asking-price adjustments in the recorded history suggests the seller may currently be firm on the 235000 euro figure, potentially limiting initial negotiation leverage.
  • Service charge inflation: Urban apartment management fees are prone to rising insurance and maintenance costs over time, which could outpace general inflation and pressure future net rental yields.
  • Parking space security: Buyers should thoroughly investigate the exact allocation, physical security, and access control measures governing the private parking space to prevent unauthorized usage issues.
  • Management company oversight: Prospective purchasers should review the apartment complex management company accounts, sinking fund balances, and upcoming capital expenditure plans to avoid unexpected special levies.
  • Potential rental caps: Depending on previous rental history and designated pressure zone rules, future rental income increases might be legally capped, constraining yield growth for investor buyers.
  • Common area wear: Shared stairwells, lifts, and hallways in high-density city center blocks can suffer from rapid wear and tear, making the effectiveness of the management company crucial to monitor.
  • Electric shower reliance: The bathroom features an electric shower unit, which can sometimes deliver lower water pressure and higher electricity consumption compared to central pumped systems.
  • Limited natural ventilation: Internal bathrooms or kitchens without direct exterior windows may rely heavily on mechanical extraction fans, which require regular maintenance to prevent moisture build-up.
  • Interior cosmetic updating: Depending on the age and condition of the interior finishes, buyers may need to allocate funds for redecorating, new flooring, or kitchen modernization to suit personal tastes.
  • Fire safety compliance: Buyers and their surveyors should verify that the apartment building meets all current modern fire safety and compartmentalization standards for multi-unit residential structures.
  • Waste management logistics: Investigating how domestic waste and recycling are handled within the complex is essential to ensure convenient, hygienic disposal without cluttering common areas.
  • Sinking fund adequacy: A low or poorly funded sinking fund within the development could leave owners vulnerable to sudden unexpected out-of-pocket assessments for major roof or structural repairs.
  • Lack of floor plan specifics: The provided details outline total area but lack exact room dimensions, making it harder to plan furniture placement accurately prior to physical viewings.
  • Resale liquidity risks: City center two-bedroom apartments can experience fluctuating market demand influenced by broader economic shifts, mortgage interest rates, and investor sentiment trends.

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 appears broadly in line, with a slight undervaluation signal.
  • The asking price appears reasonably valued when benchmarked against recent developments in the immediate residential block, suggesting alignment with established local valuation norms rather than an aggressive market stretch.
  • Strong supporting signals include a practical seventy square metre footprint, two bedrooms and bathrooms, private parking, and a central urban location directly overlooking a prominent city park.
  • Potential risks that could undermine this pricing include annual management service charges of two thousand euros alongside a moderate C energy rating which may deter efficiency-conscious buyers.
  • Additional market relevance stems from stable initial pricing without recorded reductions, indicating steady vendor confidence amid ongoing demand for well-connected metropolitan apartment living.

Build Analysis

What we know from similar construction types

  • The property is a two-bedroom, two-bathroom apartment located on the fourth floor of a city centre development with views overlooking People's Park.
  • The listing mentions electric heating in the description, but also briefly references GFCH (gas-fired central heating); the buyer should verify the primary heating system installed.
  • The annual service charge is stated as €2,000 per annum, which the buyer should verify for coverage of common areas, building insurance, and sinking funds.
  • As an apartment in a multi-unit complex, the buyer's legal representative should investigate the management company's accounts, rules, and any planned structural levies.

Heating cost*

Estimated expense to heat this property every year

  • Estimated annual heating cost is approximately 1000 euro to 1400 euro.
  • The property has a C BER rating and an electric heating system, meaning costs will vary based on usage and current electricity tariffs.

Pollution Safe

8/10

Environmental situation to investigate

  • The property is situated in an established urban setting overlooking a public park, with no immediate industrial facilities, major waste incinerators, or active landfills directly adjacent.
  • Any historical urban land uses or legacy concerns in the wider city centre are typical of metropolitan areas and should be independently verified by the buyer if specific environmental audits are required.

Flood Safe

8/10

Water overflow reports to follow up

  • The property is located in the heart of Limerick City overlooking the People's Park, occupying an urban setting that generally benefits from separation from major river floodplains.
  • Official mapping shows no designated flood areas directly affecting this specific location, indicating a lower baseline exposure to mapped fluvial or coastal hazards.
  • As an apartment setting, ground-level entry points and basement or parking levels should still be checked locally for urban drainage and surface water pooling during intense rainfall.
Supporting evidence: Low

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.
    ?
    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: approximately 1500 euro to 2500 euro plus outlay and VAT.
  • Land registration fees: approximately 400 euro to 800 euro depending on the property value and registration type.
  • Property valuation fees: approximately 150 euro to 250 euro for a standard mortgage valuation.
  • Surveyor fees: approximately 400 euro to 800 euro for a structural survey.
  • Annual home insurance: approximately 300 euro to 600 euro depending on the level of cover chosen.

Forum Talk

What people are saying about this area

  • Residents on local forums frequently highlight the convenience of living near the People's Park for morning walks and recreational activities in central Limerick.
  • Community discussions often note that city-centre apartment living offers great access to schools, third-level institutions like Mary Immaculate College, and local amenities within walking distance.
  • Local discussions regarding traffic management and parking in the vicinity of Lord Edward Street suggest that city-centre congestion can vary during peak school and commuting hours.
  • Neighbourhood forums occasionally discuss general urban maintenance, service charges, and management company standards for apartment developments across Limerick city.

LifeFit Assessment

How well this property may suit your lifestyle

Family

7 areas
  • Young Children

    The apartment overlooks a public park which is great for young children, but the lack of a private garden and a modest 70 m² floor area makes it less than ideal for growing families.

    5/10
  • Teenagers

    Being in the heart of Limerick city centre offers great independence and proximity to schools for teenagers, though the two-bedroom layout provides limited private space.

    5/10
  • Multi-generational Living

    With only two bedrooms and 70 m² of floor area, this apartment is too compact to comfortably support multi-generational living.

    2/10
  • Single Buyers

    This two-bedroom, low-maintenance city centre apartment is exceptionally well-suited for single buyers looking for convenience and modern living.

    9/10
  • Couples

    An open-plan living, kitchen, and dining area combined with a central location makes this a fantastic option for couples starting out.

    8/10
  • Empty Nesters

    Low maintenance living with private parking and elevator access appeals strongly to empty nesters wanting to downsize near city amenities.

    8/10
  • Retirees

    City centre convenience and low maintenance are major pluses, though buyers should verify accessibility features such as lift access for long-term retirement living.

    7/10

Work

3 areas
  • Remote Working

    The second bedroom can easily double as a home office, making remote working very viable in this urban setting.

    8/10
  • Hybrid Commuting

    Exceptional central location in Limerick City makes hybrid commuting convenient, with good access to transport links.

    9/10
  • Retired

    A completely retired lifestyle is well-supported here due to the low-maintenance nature of the property and proximity to healthcare and services.

    8/10

Practical

8 areas
  • Ageing in Place

    Low maintenance is ideal for ageing in place, but buyers should investigate building accessibility, such as lifts and corridor widths.

    6/10
  • Low Maintenance

    As a modern apartment with an annual service charge covering common upkeep, maintenance requirements are minimal.

    9/10
  • Secure Gated Entry

    Features an alarm and private parking, though buyers should verify the extent of gated or secure entry systems for the development.

    7/10
  • Minimalist Design

    The compact 70 m² footprint and open-plan layout naturally lend themselves to a minimalist lifestyle.

    8/10
  • Flexible Floor Plans

    The floor plan is standard for a two-bedroom apartment with fixed structural walls, offering limited flexibility for major reconfiguration.

    5/10
  • Heritage Home

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

    2/10
  • Ecological Setup

    Carries a BER rating of C, meaning there may be opportunities to improve energy efficiency compared to modern A-rated builds.

    5/10
  • Outdoor areas

    While the property lacks a private balcony or garden, it directly overlooks the expansive green space of the People's Park.

    4/10

Interests

9 areas
  • Gardening

    As an apartment with no private garden or allotment space, opportunities for gardening are limited to indoor plants or window boxes.

    2/10
  • Walking

    Overlooking the People's Park and situated within walking distance of schools, colleges, and city amenities, walking enthusiasts will find this location ideal.

    9/10
  • Gym

    Being centrally located in Limerick City provides very easy access to numerous commercial gyms and fitness centres.

    8/10
  • Cycling

    The central location makes cycling around the city feasible, though buyers should confirm secure bicycle storage within the development.

    7/10
  • Golf

    While there are golf courses in the wider Limerick area, reaching them requires a short drive out of the city centre.

    5/10
  • Fishing

    The River Shannon is relatively close by, but fishing requires travel beyond the immediate urban doorstep.

    4/10
  • Horse Riding

    Equestrian facilities are not available in the immediate city centre and require transport to rural stables.

    2/10
  • Water Sports

    Proximity to the River Shannon offers some potential, but dedicated water sports facilities require travel.

    3/10
  • Entertaining

    The open-plan living, dining, and kitchen area provides a nice hosting space, complemented by nearby restaurants and pubs for guests.

    7/10

Lifestyle

5 areas
  • Quiet Living

    Situated in the heart of Limerick City overlooking a park, residents will experience typical urban noise rather than secluded quiet living.

    4/10
  • Rural Living

    This is a distinctly urban apartment setting with no rural characteristics.

    1/10
  • Village Living

    While located in a city, the proximity to local shops, cafes, and a community feel near the People's Park offers a semblance of village-style convenience.

    5/10
  • Coastal Living

    The property is located in inland Limerick City, far from any coastal environment.

    1/10
  • Urban Living

    Positioned directly in the heart of Limerick City with shops, restaurants, and schools on the doorstep, this is prime urban living.

    10/10

Social

6 areas
  • Community Involvement

    Proximity to local amenities and the People's Park fosters a sense of local community engagement.

    6/10
  • Café Culture

    With numerous cafes, restaurants, and pubs right on the doorstep in the heart of the city, café culture is exceptionally well catered for.

    10/10
  • Nightlife

    City centre living places a wide variety of pubs, bars, and entertainment venues within easy walking distance.

    9/10
  • Health/Wellness groups

    Easy access to city-based wellness classes, gyms, and the open spaces of the People's Park supports a healthy lifestyle.

    8/10
  • Networking Opportunities

    Living centrally in a regional hub provides strong access to professional and social networking events.

    8/10
  • Tech-Hub Connectivity

    Urban infrastructure generally supports good connectivity, though buyers should verify specific broadband speeds available to the unit.

    7/10

Listing information

Agent
Chesser Auctioneers
Phone
061 419 799
Current status
active
Published on HouseDelve
3 November 2026
Correction
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Property reference: HD-6CC2C3HouseDelve · 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.