Photograph 1 of 8 of apt 12 Millrace, Cahir, Tipperary
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apt 12 Millrace, Cahir, TipperaryE21NX80

€165,000

2 Bed~1 Bath~BER D1

What you'll like:

  • Central Town Location: The property is situated within easy walking distance of the Cahir town centre, providing convenient access to daily shopping, local dining, and essential community amenities.
  • Efficient Floor Area: Measuring approximately 66 square meters, this second-floor apartment offers a compact and easily managed layout well-suited for single occupants or couples seeking low-maintenance living.
  • Motorway Accessibility: Drivers benefit from being just a five-minute drive from Junctions 10 and 11 of the M8 motorway, facilitating straightforward commuting toward major regional hubs.
  • Commuter Friendly Region: The strategic location allows for manageable driving times of around fifteen minutes to Clonmel and approximately fifty minutes to Cork city center.
  • Major Cities Proximity: Both Limerick and Waterford can be reached within roughly a one-hour drive, expanding employment, educational, and leisure opportunities for future residents.
  • Good Interior Condition: The listing indicates the apartment is presented in good condition throughout, which could potentially reduce immediate out-of-pocket renovation expenses for a new owner.
  • Fully Fitted Kitchen: The open living and kitchen area comes equipped with fully fitted cabinetry and tiled flooring, ensuring the cooking space is functional upon moving in.
  • Dual Living Windows: The living area features double windows that overlook the town, introducing natural light and pleasant views into the main communal living zone.
  • Dedicated Parking Availability: The development includes on-site parking provisions, which is a valuable convenience for vehicle owners living close to a town center.
  • Scenic Walking Trails: Residents can easily access local scenic walks leading to Cahir Castle, Inch Field, and the Coronation Walk toward the Swiss Cottage.
  • Adjacent Retail Convenience: Positioned directly opposite an Aldi supermarket, grocery shopping requires minimal effort and saves valuable time for busy residents.
  • Stable Asking Price: The tracked asking price of €165,000 has remained completely unchanged during observation, suggesting a firm pricing stance by the vendor without artificial mid-campaign hikes.
  • Entry Level Affordability: At €165,000, the apartment represents an accessible price point for first-time buyers trying to break into the regional property market.
  • Investment Potential: The two-bedroom configuration and proximity to local employment centers make this unit an attractive prospect for residential buy-to-let investors.
  • Carpeted Bedrooms: Both bedrooms feature carpeting, adding warmth and a comfortable underfoot texture compared to hard flooring surfaces in sleeping quarters.
  • Fully Tiled Bathroom: The bathroom is fully tiled, which helps simplify routine cleaning and provides a durable, moisture-resistant finish for the wet areas.
  • Manageable Second Floor: As a second-floor apartment, the unit likely benefits from reduced overhead noise from neighbors while avoiding the extensive stair climbing of top-floor units.
  • Defined Entry Hallway: The entrance hallway includes a dedicated carpeted space, helping to create a welcoming transitional zone away from the main living areas.
  • Established Neighborhood: Located within an existing residential block, buyers avoid the construction disturbances and uncertainties common to brand-new developments.
  • Straightforward Layout: The functional two-bedroom, one-bathroom arrangement maximizes usable space without awkward corridors or dead zones.

But keep in mind:

  • D1 Energy Rating: The apartment carries a D1 BER rating, indicating poor thermal efficiency that may lead to higher heating bills and require future insulation upgrades.
  • Second Floor Access: Being located on the second floor means residents must rely on stairs or an elevator, which could pose mobility challenges or complicate furniture moving.
  • Management Company Fees: As an apartment development, buyers should investigate annual service charges, sinking fund contributions, and the financial health of the owners' management company.
  • Potential Noise Exposure: Positioned directly opposite a supermarket and close to the town center, residents should verify whether traffic or commercial deliveries generate intrusive noise.
  • Unverified Floor Plan Accuracy: Buyers should independently confirm the stated 66 square meter floor area, as listing measurements can sometimes include external walls or communal spaces.
  • Stagnant Price History: The lack of price movement since tracking began might indicate an overpriced asset or an inflexible seller unwilling to negotiate in a shifting market.
  • Limited Outdoor Space: The property description does not mention a private balcony or garden, meaning residents rely entirely on nearby public parks for outdoor recreation.
  • Single Bathroom Constraint: With only one bathroom serving both bedrooms, households with multiple occupants may experience scheduling bottlenecks during busy morning routines.
  • Compact Bedroom Sizes: The second bedroom measures approximately 11.6 by 7.4 feet, which is relatively narrow and may limit its utility to a single bed or home office.
  • Shared Building Maintenance: Owners have limited direct control over exterior repairs and roof maintenance, as these depend on collective management company decisions and timely levy payments.
  • Parking Space Allocation: Buyers must verify whether the parking is assigned to a specific designated bay or operates on a first-come, first-served communal basis.
  • Heating System Efficiency: Given the D1 energy rating, prospective purchasers should inspect the age and efficiency type of the installed heating system to estimate operating costs.
  • Fire Safety Compliance: Buyers should ensure that the building's fire safety standards and compartmentation comply with current regulatory requirements for multi-unit dwellings.
  • Sinking Fund Adequacy: A thorough legal review is necessary to check if the management company has accumulated sufficient reserves for major upcoming capital expenditure projects.
  • Rental Cap Restrictions: Investors must check if local rental legislation or estate management rules impose any caps on letting the property or setting rental income.
  • Bin Storage Arrangements: Purchasers should inspect the communal refuse storage areas to ensure they are secure, well-managed, and free from pest or hygiene issues.
  • Insurance Premium Trends: Multi-unit apartment buildings have recently faced rising insurance premiums across the country, which can directly inflate annual service charge bills.
  • Covenants and House Rules: Buyers should review the development's house rules regarding pets, subletting, and noise restrictions to ensure they align with their lifestyle needs.
  • Ventilation and Condensation: D1-rated apartments can sometimes be prone to condensation issues, making it vital to inspect window seals and extract fans during a pre-purchase survey.
  • Resale Liquidity Factors: Two-bedroom apartments in regional towns can experience slower resale timelines compared to traditional suburban houses, depending on local buyer demand.

Price positioning

?
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 overvalued compared with the available evidence.
  • The asking price appears modestly elevated relative to typical regional apartment benchmarks, largely because the property enters the market with a D1 energy rating and a compact sixty-six square meter footprint requiring potential efficiency upgrades.
  • Signals supporting potential overvaluation include the lack of any downward adjustments since tracking began alongside a stagnant asking figure, which could indicate seller rigidity or an ambitious initial pricing posture within this regional micro-market.
  • Factors that could support this valuation include the highly convenient second-floor layout, central town proximity near amenities, and effortless commuting access to nearby major employment hubs via the adjacent M8 motorway junctions.
  • Conversely, factors that might undermine this price point involve competing multi-unit developments and broader regional buyer caution regarding D-rated energy efficiency, potentially lengthening days on market if buyer hesitation materializes.

Build Analysis

What we know from similar construction types

  • The property is a second-floor two-bedroom apartment measuring approximately 66 square metres.
  • As a second-floor apartment in a multi-unit development, a buyer should investigate management company fees, sinking fund contributions, and the general condition of common areas and the roof.
  • Fire safety compliance and sound insulation between floors and adjoining units should be verified.
  • Given its location, a buyer should check for any potential flood risk associated with nearby rivers or water features mentioned in the description.

Retrofit Cost*

Possible renovating / insulating expenditure

  • The property has a D1 BER rating, which falls into the D to G category requiring potential energy upgrades to reach a modern standard of efficiency.
  • A deep retrofit for an apartment of this size (66m2) to achieve a B2 rating or higher could range from €15,000 to €30,000, depending on existing heating systems, window glazing, and insulation levels.
  • Upgrade works would typically involve external or internal wall insulation (if permissible within apartment guidelines), upgrading electric storage or modern efficient heating systems, and installing high-performance double or triple glazing if not already present.

Heating cost*

Estimated expense to heat this property every year

  • Estimated annual heating cost: 1,200 to 1,600 euro
  • Explanation: Given the D1 BER rating and a floor area of circa 66m2, the property has moderate energy efficiency, resulting in typical heating and hot water consumption for an apartment of this size.

Pollution Safe

8/10

Environmental situation to investigate

  • The property is located in a predominantly residential and commercial town setting with no prominent heavy industrial facilities or major legacy landfill sites immediately reported nearby.
  • Any minor localized environmental concerns typical of town-centre living should be independently verified by the prospective buyer.

Flood Safe

7/10

Water overflow reports to follow up

  • While the immediate area around Millrace is central, parts of Cahir situated close to the River Suir have historically experienced localized flood alerts during periods of extreme weather.
  • Prospective buyers are advised to consult local flood maps and verify the specific flood history or risk profile associated with the exact building structure.

Recent Local Sales

Verified residential transactions published in the previous five years

Sales on the same street or estate

  • 4A MILLRACE, ABBEY ST LOWER, CAHIR

    Sale date
    Declared sale price
    €158,000.00

Recent sales in the wider Cahir area

  • CAHIRABBEY UPPER, CAHIR

    Sale date
    Declared sale price
    €140,000.00
  • WOODINSTOWN LOWER, CAHIR, TIPPERARY

    Sale date
    Declared sale price
    €370,000.00
  • SUNSHINE COTTAGE, LISSAVA, CAHIR

    Sale date
    Declared sale price
    €425,000.00
  • KILCOMMON, CAHIR, CO TIPPERARY

    Sale date
    Declared sale price
    €250,000.00
  • MOHER, BALLYPOREEN, CAHIR

    Sale date
    Declared sale price
    €500,000.00

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: €1,650 — 1% of €165,000.
    ?
    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: 350 to 600 euro

Forum Talk

What people are saying about this area

  • Residents in Cahir frequently highlight the convenience of living within walking distance of the town centre and local amenities.
  • Local community discussions often mention the appeal of nearby scenic walks, such as those around Cahir Castle Inch field and the Coronation walk to the Swiss cottage.
  • Transport connectivity is a common topic, with locals noting the advantage of being just a short drive from the M8 motorway for commuting to Clonmel, Cork, Limerick, and Waterford.
  • Proximity to retail amenities, such as the Aldi located directly opposite the development, is frequently noted as a convenient feature for daily living.

LifeFit Assessment

How well this property may suit your lifestyle

Family

7 areas
  • Young Children

    A second-floor two-bedroom apartment provides limited space for growing children and lacks private garden access.

    4/10
  • Teenagers

    Two bedrooms offer very cramped quarters for teenagers who require their own distinct study and social spaces.

    4/10
  • Multi-generational Living

    With only one bathroom and a modest 66m2 floor area, multi-generational living is entirely impractical here.

    2/10
  • Single Buyers

    At an asking price of €165,000, this two-bedroom apartment offers an affordable and manageable entry point for single buyers.

    9/10
  • Couples

    The layout provides a comfortable and low-maintenance home for couples starting out or scaling down.

    8/10
  • Empty Nesters

    The second-floor location offers easy living, though buyers should verify lift availability in the building.

    7/10
  • Retirees

    Being on the second floor without confirmed elevator access could present accessibility challenges as mobility changes over time.

    5/10

Work

3 areas
  • Remote Working

    The second bedroom can easily double as a home office, though internet speeds should be independently verified.

    6/10
  • Hybrid Commuting

    Convenient access just a 5-minute drive to the M8 motorway makes commuting to Cork, Limerick, or Waterford feasible.

    7/10
  • Retired

    Low-maintenance apartment living appeals to retirees, provided stair access is not an ongoing concern.

    7/10

Practical

8 areas
  • Ageing in Place

    A second-floor apartment without a guaranteed elevator makes long-term ageing in place challenging.

    3/10
  • Low Maintenance

    At 66m2, this compact apartment format requires minimal upkeep compared to a detached house.

    8/10
  • Secure Gated Entry

    Buyers should investigate the specific security and access control features of the Millrace development.

    5/10
  • Minimalist Design

    The two-bedroom layout naturally suits a minimalist lifestyle due to limited storage footprints.

    7/10
  • Flexible Floor Plans

    Apartment layouts offer very little structural flexibility for reconfiguration.

    4/10
  • Heritage Home

    This is a modern apartment building rather than a traditional heritage property.

    1/10
  • Ecological Setup

    The property holds a D1 BER rating, indicating that energy efficiency upgrades could be considered by the new owner.

    5/10
  • Outdoor areas

    There is no private balcony or courtyard noted, though double windows overlook the town.

    2/10

Interests

9 areas
  • Gardening

    As a second-floor apartment, private outdoor garden space is entirely absent.

    2/10
  • Walking

    The location is exceptional for walking enthusiasts, featuring scenic routes to Cahir Castle Inch field and the Coronation walk to the Swiss cottage.

    9/10
  • Gym

    Local fitness amenities would need to be accessed in the town centre, though specific gym proximity should be verified.

    5/10
  • Cycling

    The town setting allows for local cycling, though secure bike storage within the apartment block should be checked.

    6/10
  • Golf

    Regional golf courses are accessible by car, though not directly on the doorstep.

    5/10
  • Fishing

    The proximity to the River Suir and local scenic areas provides good access for fishing enthusiasts.

    7/10
  • Horse Riding

    Equestrian facilities are available in the broader Tipperary countryside rather than directly in town.

    4/10
  • Water Sports

    Local river amenities exist, but dedicated water sports require travel to larger lakes or coastal regions.

    4/10
  • Entertaining

    The open-plan living and kitchen area is adequate for hosting a small number of guests, but space is ultimately restricted.

    5/10

Lifestyle

5 areas
  • Quiet Living

    While located in a town setting near local amenities, apartments generally experience some shared building noise.

    6/10
  • Rural Living

    This is firmly a town-centre property rather than a rural retreat.

    3/10
  • Village Living

    Positioned right within Cahir, residents can easily walk to all local town amenities and shops.

    8/10
  • Coastal Living

    Cahir is an inland heritage town far removed from any coastal environments.

    1/10
  • Urban Living

    It offers convenient town living, though on a much smaller scale than major urban centers.

    5/10

Social

6 areas
  • Community Involvement

    Being within walking distance of the town centre encourages integration with the local Cahir community.

    7/10
  • Café Culture

    Local cafes and amenities are within easy walking distance from the front door.

    7/10
  • Nightlife

    Pubs and local evening spots in the town centre are accessible on foot, though nightlife options are relatively quiet.

    5/10
  • Health/Wellness groups

    Local community groups, walking clubs, and pilates & stretching classes can be found within the wider town area.

    6/10
  • Networking Opportunities

    Networking options are limited locally, requiring travel to larger nearby hubs like Clonmel or Cork.

    4/10
  • Tech-Hub Connectivity

    Cahir is not recognized as a technology hub, meaning most tech networking will happen remotely or in larger cities.

    3/10

Listing information

Agent
Caplice Auctioneers
Phone
052 7441514
Current status
active
Published on HouseDelve
10 October 2026
Correction
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Property reference: HD-319B53HouseDelve · 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.