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Apt 60 The Watermill, Raheny, Dublin 5D05WF57

€440,000

2 Bed~2 Bath~70 m²~BER C

What you'll like:

  • Prime parkside location: Situated directly beside the expansive 240-acre St. Anne’s Park, providing immediate access to extensive green spaces, recreational facilities, and weekend markets for enhanced daily living.
  • Coastal lifestyle appeal: Located within easy reach of the Clontarf seafront, coastal cycleway, and Dollymount Strand, offering buyers wonderful opportunities for outdoor activities and scenic walks.
  • Tranquil corner positioning: Occupies an advantageous end-of-block location with neighbouring accommodation on only one side, ensuring a much quieter and more private living environment.
  • Well-proportioned layout: Features bright and comfortable living spaces across seventy square metres, creating a natural flow between rooms that maximizes the overall interior comfort.
  • Private outdoor balcony: Includes a functional private balcony opening directly from the main living area, offering a pleasant spot to relax and enjoy the peaceful surroundings.
  • Good overall condition: Presented in very good condition throughout the interior, allowing a new purchaser to move in immediately with minimal required expenditure or redecoration.
  • Dual bathroom convenience: Benefits from having two bathrooms, including a private en-suite connected to the primary bedroom, which significantly improves daily household routines and convenience.
  • Flexible second bedroom: The second bedroom offers great versatility, easily functioning as a comfortable guest room, a child’s bedroom, or a dedicated home office for remote work.
  • Designated parking included: Comes with the valuable addition of a designated private parking space, ensuring reliable and secure vehicle accommodation within the mature development.
  • Established residential setting: Set within a mature and highly regarded development known for its quiet atmosphere and well-maintained grounds, appealing to long-term homeowners.
  • Convenient DART access: Raheny DART station is located approximately a ten-minute walk away, providing fast and reliable rail connections directly into Dublin city centre.
  • Strong public transport: Supported by frequent local bus services and dedicated coastal cycle routes, making car-free commuting or traveling around the capital straightforward.
  • Village amenities nearby: Within convenient reach of both Raheny and Clontarf villages, offering residents an excellent variety of local shops, cafés, restaurants, and everyday essential services.
  • Reduced party wall noise: Having adjoining neighbours on only one side minimizes shared wall exposure, helping to preserve household quietness and enhance acoustic privacy.
  • Master bedroom seclusion: The main bedroom is strategically positioned away from neighboring properties, creating a quiet sanctuary that promotes restful sleep and personal privacy.
  • Turnkey presentation standard: The clean and well-maintained interior finish reduces immediate moving stress, making it an attractive option for busy professionals and first-time buyers.
  • Stable asking price: The recorded asking price has remained stable at €440,000 without fluctuations, indicating a firm pricing strategy from the outset by the vendor.
  • Ideal downsizing option: The manageable apartment size, single-level first-floor layout, and secure environment make it a practical choice for buyers looking to trade down.
  • First-time buyer friendly: Combines two bedrooms, two bathrooms, and a strong Dublin 5 location, representing an accessible entry point for newcomers to the property ladder.
  • Rental demand potential: The combination of DART proximity, parkside amenities, and two bathrooms provides strong fundamentals should a future owner decide to let the property.

But keep in mind:

  • Mid-range BER rating: The property holds a C energy rating, which means a buyer should investigate potential insulation upgrades to improve energy efficiency and lower utility bills.
  • First floor stair dependence: Being a first-floor apartment means reliance on stairs unless elevator access is verified, which is an important consideration for mobility and moving furniture.
  • Annual management fees: Buyers must verify the current level of service charges and sinking fund contributions, as these ongoing costs directly impact annual holding expenses.
  • Discrepancy in floor area: Official documentation mentions the floor area as to-be-confirmed, so purchasers should independently measure and verify the exact square meterage before closing.
  • Potential parking constraints: A single designated parking space may prove limiting for multi-car households or visiting guests trying to park within the mature development.
  • Lack of private garden: As an apartment without a private garden, outdoor space is restricted to the balcony and nearby public parks, which might not suit pet owners.
  • Leasehold tenure terms: Purchasers must review the exact lease length, ground rent obligations, and restrictive covenants associated with the development through their legal representative.
  • Proximity to busy arteries: While the block itself is positioned quietly, buyers should assess traffic noise levels along nearby main access roads during peak commuting hours.
  • Future development potential: Buyers should check local planning registers to ensure no nearby developments could obstruct views, increase local traffic, or alter the area's character.
  • Management company oversight: It is essential to investigate the financial health of the owners' management company and review recent minutes for planned major structural repairs.
  • Balcony weather exposure: The orientation of the private balcony should be checked to determine how much direct sunlight and shelter from coastal winds it receives.
  • Storage limitations: Internal storage appears somewhat compact beyond the hot press, meaning buyers should evaluate wardrobe and general household storage capacities carefully.
  • Window glazing efficiency: Given the C energy rating, buyers should inspect the age and thermal efficiency of the current window and door double glazing.
  • Heating system evaluation: The efficiency and age of the primary heating system should be professionally inspected to determine if a future replacement or upgrade is needed.
  • Bin storage and amenities: Prospective owners should verify the convenience and cleanliness of communal waste management facilities and bicycle storage areas within the block.
  • Sound insulation checks: Despite having only one adjoining neighbour, buyers should verify the internal acoustic insulation between floors and walls for optimal quietness.
  • Service charge arrears: Legal checks must confirm that the current owner is fully up to date with all management fee payments to avoid inheriting unexpected debts.
  • Insurance policy inclusions: Buyers should clarify what structural and exterior maintenance items are covered by the master block insurance policy versus individual responsibility.
  • Common area maintenance: A careful inspection of communal hallways, stairwells, and landscaping is advised to ensure the management company maintains high maintenance standards.
  • Asking price alignment: At €440,000 for a two-bedroom C-rated apartment, buyers should perform a thorough local market comparison to ensure fair value against recent transactions.

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 of €440,000 appears slightly undervalued when evaluated against recent transaction records within the same residential development, where comparable properties have achieved notably higher prices reaching up to €565,000.
  • Valuation signals indicate a competitive pricing strategy by the agent, potentially designed to stimulate strong initial interest and generate competitive bidding among prospective first-time buyers and downsizers.
  • Factors that could support this price level include the C energy rating and standard floor area relative to larger units sold nearby, whereas the peaceful corner position and proximity to St Anne's Park could easily drive final offers well above the guide.
  • Overall market demand in this coastal Raheny location remains exceptionally resilient, suggesting that the initial listing figure serves merely as an entry point rather than a reflection of the property's ultimate transaction value.

Build Analysis

What we know from similar construction types

  • The property is a first-floor apartment enjoying a favorable corner position at the end of its block, which limits adjoining properties to only one side and enhances privacy compared to typical apartment layouts.
  • The layout includes two bedrooms, two bathrooms, an open-plan living and dining area, and a private balcony.
  • A buyer should investigate the management company structure, annual service charges, and any planned major maintenance or sinking fund allocations for the development.
  • It is advisable to verify compliance with fire safety and building regulations pertinent to multi-unit apartment complexes.

Heating cost*

Estimated expense to heat this property every year

  • Estimated annual heating cost: approximately 800 euro to 1,200 euro.
  • Explanation: Given the 70 square meter floor area and a C energy rating, heating efficiency is moderate, meaning standard usage for a two-bedroom apartment will incur typical urban utility expenses.

Pollution Safe

9/10

Environmental situation to investigate

  • The development is situated in a largely residential and suburban coastal district away from heavy heavy industrial zones or major manufacturing hubs.
  • Any potential minor localized industrial legacy or environmental factors should be independently verified by the buyer as part of standard due diligence.

Flood Safe

8/10

Water overflow reports to follow up

  • The general Raheny and Clontarf coastal areas feature zones with varying proximity to coastal waters, making it sensible for buyers to check local flood maps.
  • While elevated above immediate coastal flood levels, specific drainage or extreme weather scenarios should be investigated if purchasing in coastal adjacent areas.

Recent Local Sales

Verified residential transactions published in the previous five years

Sales on the same street or estate

  • APT 118, BLOCK 1, THE WATERMILL DUBLIN 5

    Sale date
    Declared sale price
    €530,000.00
  • 120 THE WATERMILL, WATERMILL RD, RAHENY DUBLIN 5

    Sale date
    Declared sale price
    €565,000.00
  • 96 THE WATERMILL, BETTYGLEN, RAHENY DUBLIN 5

    Sale date
    Declared sale price
    €473,000.00
  • Apt 83 The Watermill, Watermill Road, Raheny

    Sale date
    Declared sale price
    €444,000.00
  • 36 THE WATERMILL, RAHENY, DUBLIN 5

    Sale date
    Declared sale price
    €590,000.00

Recent sales in the wider Raheny area

  • 47 EDENMORE AVE, RAHENY, DUBLIN 5

    Sale date
    Declared sale price
    €470,000.00
  • 252 TONLEGEE ROAD, RAHENY, DUBLIN 5

    Sale date
    Declared sale price
    €457,500.00
  • 160 BRIARFIELD GROVE, KILBARRACK, DUBLIN 5

    Sale date
    Declared sale price
    €453,000.00
  • 43 RATHMORE PARK, RAHENY, DUBLIN 5

    Sale date
    Declared sale price
    €650,000.00
  • 162 KILMORE RD, COOLOCK, DUBLIN 5

    Sale date
    Declared sale price
    €465,000.00

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: €4,400 — 1% of €440,000.
    ?
    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 1,500 euro to 3,000 euro plus VAT and outlays.
  • Land registration fees: approximately 600 euro to 800 euro depending on the property value and registry type.
  • Property valuation fees: approximately 150 euro to 250 euro.
  • Surveyor fees: approximately 300 euro to 600 euro for a standard apartment structural survey.
  • Annual home insurance: approximately 350 euro to 600 euro depending on the level of contents and building cover.

Forum Talk

What people are saying about this area

  • Residents frequently highlight the fantastic lifestyle benefits of living directly beside St. Anne's Park and the proximity to Dollymount Strand.
  • Local community discussions often praise Raheny village for its village feel, good local shops, and strong community engagement.
  • Commuters on local forums frequently note the convenience of the ten-minute walk to Raheny DART station for accessing the city centre.
  • Traffic management around the wider Raheny and Clontarf coastal route is a common topic of discussion during peak commuting hours.

LifeFit Assessment

How well this property may suit your lifestyle

Family

7 areas
  • Young Children

    The apartment is located in a mature development right beside St. Anne's Park, which is fantastic for young families. However, being a first-floor 70 m² apartment with two bedrooms, space is somewhat limited for growing families compared to a house with a private garden.

    5/10
  • Teenagers

    A two-bedroom apartment offers limited independent space for teenagers, and sharing bedrooms or having guests over can feel cramped within a 70 m² floor area.

    4/10
  • Multi-generational Living

    With only two bedrooms and 70 m² of living space, multi-generational living is highly impractical in this property.

    2/10
  • Single Buyers

    This two-bedroom, two-bathroom first-floor apartment is well-proportioned and offers a private balcony, making it an excellent and manageable option for single buyers wanting proximity to Raheny village, the DART, and coastal amenities.

    9/10
  • Couples

    The layout provides generous room sizes, a designated parking space, and a flexible second bedroom that can double as a home office, suiting couples very well.

    9/10
  • Empty Nesters

    Offering low-maintenance apartment living in a peaceful corner position with a lift or stairs access, close to parks and the seafront, this is a strong choice for those trading down.

    8/10
  • Retirees

    The development is mature, quiet, and well-established, positioned right beside St. Anne's Park and within reach of local village amenities, appealing greatly to retirees seeking convenience and peace.

    8/10

Work

3 areas
  • Remote Working

    The flexible second bedroom is ideal for use as a dedicated home office, supporting remote working setups comfortably.

    9/10
  • Hybrid Commuting

    Raheny DART station is approximately a ten-minute walk away, providing swift and reliable commuter access to Dublin city centre, alongside local bus services.

    9/10
  • Retired

    The quiet, manageable nature of the apartment and its proximity to parks, healthcare amenities, and social hubs make it well-suited for retirees.

    8/10

Practical

8 areas
  • Ageing in Place

    While the single-level apartment layout is manageable, access involves stairs to the first floor, which buyers should verify regarding lift availability.

    6/10
  • Low Maintenance

    Modern first-floor apartment living with a 70 m² footprint ensures minimal exterior and garden upkeep is required.

    9/10
  • Secure Gated Entry

    The development offers a secure residential setting with a designated private parking space, though buyers should verify the specific entry security measures.

    7/10
  • Minimalist Design

    The bright, open-plan living and dining layout lends itself well to clean, minimalist interior styling.

    8/10
  • Flexible Floor Plans

    The inclusion of a second bedroom that doubles effectively as a home office provides good functional flexibility.

    7/10
  • Heritage Home

    This is a modern, established suburban development rather than a period or heritage property.

    2/10
  • Ecological Setup

    The C BER rating suggests energy efficiency is average; buyers should verify if upgrades have been made or are planned.

    6/10
  • Outdoor areas

    Features a private balcony opening from the living area, complemented by immediate access to the expansive grounds of St. Anne's Park.

    7/10

Interests

9 areas
  • Gardening

    As a first-floor apartment, private outdoor space is limited to a balcony, though residents can enjoy the nearby public gardens and Rose Garden in St. Anne's Park.

    3/10
  • Walking

    St. Anne's Park (240 acres) is virtually on the doorstep with tree-lined walks, alongside easy access to the Clontarf seafront and Bull Island walks.

    10/10
  • Gym

    While local commercial gym facilities will require short travel or transport, the surrounding area is exceptionally well-suited for outdoor fitness.

    6/10
  • Cycling

    The coastal cycle route and proximity to scenic park and seaside paths make this an ideal location for cyclists.

    10/10
  • Golf

    St. Anne's Park features a golf course close to the development, and other notable Dublin coastal golf clubs are within easy reach.

    8/10
  • Fishing

    Proximity to the coast offers sea fishing opportunities nearby, though anglers may need to travel further afield for specialized inland spots.

    6/10
  • Horse Riding

    Urban and suburban surroundings mean equestrian facilities are limited in the immediate vicinity.

    4/10
  • Water Sports

    Clontarf seafront, Bull Island, and Dollymount Strand provide fantastic local access for various coastal water sports.

    8/10
  • Entertaining

    The open-plan living and dining area connects to a private balcony, offering a pleasant space for smaller gatherings, though total space is constrained by the 70 m² floor area.

    6/10

Lifestyle

5 areas
  • Quiet Living

    The property occupies a tranquil corner position at the end of its block, well removed from passing traffic with neighbouring accommodation on only one side, ensuring a high level of peace and quiet.

    9/10
  • Rural Living

    Situated in a suburban residential development in Dublin 5, this property offers an urbanized lifestyle rather than rural seclusion.

    2/10
  • Village Living

    Raheny Village is nearby, offering a great selection of shops, cafés, and everyday services, complemented by proximity to Clontarf Village.

    8/10
  • Coastal Living

    The location is exceptional for coastal living enthusiasts, being close to the Clontarf seafront, the coastal cycleway, Bull Island, and Dollymount Strand.

    9/10
  • Urban Living

    While maintaining a peaceful suburban feel, the property benefits from close proximity to the DART station and frequent bus services providing direct access to Dublin city centre.

    7/10

Social

6 areas
  • Community Involvement

    Mature residential developments and nearby village amenities foster a strong sense of local community engagement.

    7/10
  • Café Culture

    Raheny Village and Clontarf Village offer an excellent selection of local cafés, restaurants, and social spots.

    8/10
  • Nightlife

    The immediate area is primarily residential and parkland-focused; vibrant nightlife requires heading further into the city centre or nearby urban hubs.

    5/10
  • Health/Wellness groups

    St. Anne's Park and local sporting facilities host numerous health, fitness, and wellness activities.

    8/10
  • Networking Opportunities

    Good transport links to the city center offer access to professional networking, though the immediate neighborhood is residential.

    6/10
  • Tech-Hub Connectivity

    Direct DART and bus links provide easy transit to Dublin's major commercial and tech employment quarters.

    7/10

Listing information

Agent
Gallagher Quigley
Phone
01 818 3000
Current status
active
Published on HouseDelve
27 October 2026
Correction
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Property reference: HD-23D554HouseDelve · 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.