Kevin Barry Hill /Connolly Street, Fermoy, Co. CorkP61TF72
€75,000
1 Bed
What you'll like:
- Centrally located property: Situated right in Fermoy town, ensuring immediate access to local shops, services, and amenities for future occupants or tenants.
- Adjacent to car park: Positioned immediately beside the town centre car park, which greatly enhances convenience for any future residential or commercial use.
- Dual road frontage: The inclusion of a side yard with road frontage on two sides provides excellent functional access and potential layout flexibility.
- Attractive entry price: Listed at just €75,000, offering a low initial capital outlay for buyers looking to undertake a heavy renovation project.
- Grant funding potential: The property may qualify for the Vacant Property Refurbishment Grant, which could significantly offset heavy initial modernization and upgrade costs.
- Commercial heritage: Formerly operating as a commercial premises, providing a unique footprint and potential to reimagine the space for mixed or alternative uses.
- Established town setting: Located on Kevin Barry Hill and Connolly Street, placing the building within a well-trafficked and historically active urban core.
- Negotiation flexibility: The flat asking price history suggests a motivated seller who has held firm, potentially leaving room for strategic offers.
- Compact scale: Being a one-bedroom style footprint, it limits overall structural bulk and helps streamline the initial scope of architectural planning.
- Urban infill opportunity: Represents a classic town centre regeneration project that can bring an unused derelict building back into active community use.
- Rental demand upside: Successful refurbishment could tap into strong local rental demand driven by professionals seeking central town living arrangements.
- Proximity to regional routes: Fermoy acts as a strategic hub along the Blackwater Valley, offering convenient commuting links toward larger employment centers.
- Independent asset control: Acquiring a standalone building avoids complex multi-owner management structures or troublesome shared building covenants.
- Compact side yard: The outdoor side space offers a rare luxury for central town properties, useful for storage or staging during construction.
- Direct agent representation: Marketed by an established local agency, facilitating straightforward communication and streamlined access to property details.
- Value-add potential: Heavy discount pricing allows substantial margin for value creation through professional design and comprehensive modernization works.
- Historic town charm: Integrating into the older streetscape of Fermoy allows a buyer to preserve local architectural character while modernizing the interior.
- Phased development scope: The raw interior condition lets a buyer customize the build-out schedule entirely around their own financing capabilities.
- Future resale upside: Transforming a complete fixer-upper in a prime urban pocket can yield a strong return upon ultimate market exit.
- Clear project slate: The absence of existing finishes means you can completely reconfigure plumbing, electrical, and insulation to modern standards from scratch.
But keep in mind:
- Complete refurbishment required: The building is described as needing total interior and structural overhaul, which will demand significant time and construction expertise.
- Exempt BER status: The lack of a provided Building Energy Rating means buyers must budget for severe thermal inefficiencies and extensive insulation upgrades.
- Unspecified floor area: The exact square footage is not provided, making it difficult to accurately estimate material quantities and total renovation budgets.
- Unknown bathroom status: There is no confirmation of existing plumbing or functional bathroom facilities, requiring a complete sanitary installation from scratch.
- Commercial conversion hurdles: Transitioning a former commercial premises into a comfortable modern dwelling may require complex local planning permissions.
- Grant approval uncertainty: Qualification for vacant building grants is never guaranteed and buyers should independently verify eligibility before relying on state funds.
- Hidden structural defects: Older neglected properties frequently conceal severe damp, timber rot, or roofing issues that can dramatically inflate repair bills.
- Asbestos and hazardous materials: Older buildings often contain legacy hazardous substances like asbestos, requiring professional testing and expensive safe removal protocols.
- Boundary verification needed: Buyers must ensure legal title clearly defines the exact boundaries of the side yard and associated road frontages.
- Stagnant price history: The asking price has remained entirely unchanged at €75,000, indicating the seller may be rigid in their valuation expectations.
- Parking restrictions: While near a car park, the immediate street frontage may experience heavy traffic congestion and limited private parking options.
- Utility connection costs: Re-establishing or upgrading electricity, water, and sewage mains connections for an abandoned building can incur substantial utility fees.
- Party wall considerations: Being a town centre building, shared walls with adjacent properties could complicate demolition or structural stabilization works.
- Local authority levies: Extensive development or change of use might trigger unexpected local council development contributions and planning fees.
- Construction cost inflation: Sourcing labor and building materials for major overhauls remains expensive, risking severe budget overruns for inexperienced renovators.
- Financing challenges: Traditional mortgage lenders are often reluctant to finance severely derelict properties, likely requiring cash buyers or specialist renovation loans.
- Project management burden: Overseeing a gut-renovation requires either hiring an expensive main contractor or dedicating substantial personal time to manage trades.
- Unknown structural integrity: Without detailed engineering reports, the stability of the foundation and exterior walls remains an unverified risk.
- Security and vandalism risks: Vacant town centre buildings can attract trespassing or vandalism during the prolonged planning and construction phases.
- Lack of basic amenities: Until comprehensive works are completed, the property is entirely uninhabitable and requires an off-site living arrangement.
Price positioning
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- The asking price appears attractively valued primarily because it reflects a former commercial premises requiring extensive, complete refurbishment throughout, meaning the initial acquisition cost must account for substantial anticipated renovation capital outlay.
- Undervaluation signals are clearly reinforced by the property requiring heavy repair works, offset by potential eligibility for attractive government vacant building refurbishment grants that significantly improve the overall financial viability.
- Such a price point could be supported by favorable grant availability and prime town-center positioning adjacent to municipal parking, while conversely being undermined by hidden structural defects and high contractor costs.
- Additional relevant factors include the advantageous road frontage on two sides and proximity to local amenities, which offer viable long-term redevelopment prospects once the necessary refurbishment project is fully completed.
Build Analysis
What we know from similar construction types
- The property is a former commercial premises requiring complete refurbishment, meaning a buyer should investigate structural integrity, dampness, and the condition of the roof and walls.
- The listing notes the property is exempt from a BER rating, but a buyer should verify energy performance and the feasibility of insulation upgrades.
- There is a yard to the side with road frontage on two sides, which may present potential for extension or development, subject to planning permission.
- The listing indicates the property may qualify for Vacant Building Grants, so a buyer should verify eligibility criteria and application processes for refurbishment grants.
Heating cost*
Estimated expense to heat this property every year
- Estimated annual heating cost: €1,200 to €1,800
- Explanation: As the property is a former commercial premises requiring complete refurbishment and lacks a BER rating, heating efficiency is currently unknown. The estimated range assumes basic heating methods once renovated to a habitable standard.
Environmental checks
Area-level evidence and things to investigate
Air quality
Nearby sites
Landfills
None foundWaste facilities
None foundNearby infrastructure
Overhead electricity lines
None foundUnderground electricity cables
None foundFlood Safe
6/10Water overflow reports to follow up
- The property is located within close proximity to mapped river flood areas associated with the Blackwater corridor in Fermoy, meaning caution is warranted during prolonged heavy rainfall.
- Historical overflow events in low-lying parts of Fermoy town near the river demonstrate that local topography plays a significant role in where floodwaters accumulate.
- Complete refurbishment is required for the building, providing a good opportunity to incorporate flood-resilient materials and building techniques at ground level.
The property is outside the mapped flood area. But the nearest mapped area is approximately 118 metres away.
Recent Local Sales
Verified residential transactions published in the previous five years
Sales on the same street or estateExtra effort was used to find nearby sales here
63 CONNOLLY STREET, FERMOY, CO. CORK
- Sale date
- Declared sale price
- €100,000.00
Recent sales in the wider Fermoy area
6 SEAN O BRIEN PARK, BEECHFIELD ESTATE, FERMOY
- Sale date
- Declared sale price
- €280,000.00
NEWMARKET STREET, FERMOY, CO CORK
- Sale date
- Declared sale price
- €330,000.00
112 GLENCULLEN, FERMOY, CO CORK
- Sale date
- Declared sale price
- €177,500.00
STRAWHALL, FERMOY, CO. CORK
- Sale date
- Declared sale price
- €410,000.00
10 KENT TERRACE, CASTLELYONS, FERMOY
- Sale date
- Declared sale price
- €205,000.00
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: €750 — 1% of €75,000.
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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 €3,000
- Land registration fees: €400 to €800
- Property valuation fees: €150 to €300
- Surveyor fees: €500 to €1,200
- Annual home insurance: €300 to €700
Forum Talk
What people are saying about this area
- Local discussions highlight ongoing regeneration initiatives in Fermoy town centre, with particular interest in the revitalisation of older commercial and mixed-use buildings.
- Residents on local forums frequently discuss the availability and application process for the Vacant Property Refurbishment Grant for properties requiring extensive renovation.
- Community commentary often notes the strategic advantage of properties situated near the main town car park and central amenities for potential future commercial or residential uses.
- Property observers in regional forums point out that central fixer-upper opportunities in towns like Fermoy continue to attract interest from buyers looking for project properties.
- Local groups often recommend verifying the exact structural and utility connection status of older commercial premises before undertaking major refurbishment works.
LifeFit Assessment
How well this property may suit your lifestyle
Family
7 areas- Young Children2/10
As a former commercial premises requiring complete refurbishment and featuring only 1 bedroom, this property is entirely unsuitable for young children until extensive development is undertaken.
- Teenagers2/10
The property lacks the necessary space, bedrooms, and amenities to accommodate teenagers comfortably in its current unrefurbished state.
- Multi-generational Living1/10
With a 1-bedroom layout and a need for complete refurbishment, multi-generational living is not feasible without significant expansion and structural overhaul.
- Single Buyers7/10
For a single buyer looking for a project with potential qualification for Vacant Building Grants, the central location in Fermoy town presents an appealing entry-level opportunity.
- Couples5/10
Couples willing to take on a substantial renovation project may find potential here, though the current 1-bedroom layout and need for total refurbishment require considerable investment.
- Empty Nesters4/10
While downsizing to a central location is appealing, the heavy renovation workload might not suit empty nesters looking for a move-in-ready home.
- Retirees3/10
The requirement for complete refurbishment combined with a 1-bedroom layout makes this less than ideal for retirees unless they have the resources to project-manage major building works.
Work
3 areas- Remote Working6/10
A buyer should investigate local broadband connectivity and infrastructure, but the central town address provides a solid base to establish a home office during refurbishment.
- Hybrid Commuting6/10
The central location in Fermoy offers reasonable access to regional transport routes for hybrid workers, subject to personal commuting requirements.
- Retired5/10
While close to town amenities, the heavy burden of managing a complete refurbishment project may not appeal to most retirees.
Practical
8 areas- Ageing in Place3/10
The property requires complete refurbishment and currently lacks accessible, single-level living features without significant redesign.
- Low Maintenance1/10
Described as being in need of complete refurbishment as a former commercial premises, this property demands intensive maintenance and construction work.
- Secure Gated Entry3/10
There is a yard to the side with road frontage on two sides, but secure gated entry features would need to be installed during renovation.
- Minimalist Design6/10
The blank canvas of a former commercial shell provides ample opportunity to implement a minimalist architectural design during the rebuild.
- Flexible Floor Plans8/10
As a former commercial building needing total refurbishment, the layout is highly flexible for reimagining floor plans, subject to planning permissions.
- Heritage Home4/10
While possessing older town-centre character as a former commercial premises, buyers should verify any historical designations or local guidelines.
- Ecological Setup3/10
No BER is provided and the building needs complete refurbishment, meaning current energy efficiency and ecological setups are likely minimal or absent.
- Outdoor areas4/10
Includes a yard to the side of the property with road frontage on two sides, though its configuration and utility would need to be optimized during renovation.
Interests
9 areas- Gardening3/10
There is a yard to the side of the property with road frontage on two sides, but it offers limited traditional gardening space compared to a standard residential garden.
- Walking8/10
Being centrally located in the town means walking to local shops, amenities, and recreational areas is exceptionally convenient.
- Gym7/10
The central town setting typically provides good access to local fitness facilities and community amenities within a short distance.
- Cycling6/10
Town-centre living allows for easy bicycle commutes around Fermoy, though riders should navigate urban traffic conditions.
- Golf5/10
Proximity to local regional amenities depends on travel outside the immediate town centre, though regional golf options exist in County Cork.
- Fishing6/10
Fermoy is situated along the River Blackwater, offering local access to renowned angling opportunities nearby.
- Horse Riding3/10
A central urban footprint does not lend itself directly to equestrian pursuits, requiring travel to rural stables.
- Water Sports5/10
Proximity to the River Blackwater allows for certain river-based activities, though dedicated water sports infrastructure may require travel.
- Entertaining4/10
Currently, the property is a former commercial premises requiring complete refurbishment, making entertaining impossible until extensive renovations are completed.
Lifestyle
5 areas- Quiet Living4/10
Located centrally in Fermoy town immediately adjacent to a town centre car park, the setting is likely to experience regular urban activity rather than quiet surroundings.
- Rural Living1/10
This is strictly an in-town commercial conversion or refurbishment opportunity with road frontage on two sides, offering no rural characteristics.
- Village Living3/10
Though Fermoy functions more as a bustling town than a small village, the central positioning places everyday amenities within close proximity.
- Coastal Living1/10
Fermoy is an inland town in County Cork with no coastal proximity.
- Urban Living8/10
The central town location immediately adjacent to a public car park and close to all town amenities makes this highly suited for an urban lifestyle once refurbished.
Social
6 areas- Community Involvement7/10
A central town location places buyers right in the heart of the local community, facilitating engagement with town events and local initiatives.
- Café Culture8/10
Being situated immediately adjacent to the town centre ensures that local cafes, shops, and social spots are only a short walk away.
- Nightlife7/10
Town-centre positioning grants easy access to local pubs, restaurants, and evening venues within Fermoy.
- Health/Wellness groups7/10
Proximity to town amenities supports easy access to local wellness clubs, pharmacies, and medical services.
- Networking Opportunities6/10
Commercial history and central positioning offer interesting potential for mixed use or business proximity, subject to local planning rules.
- Tech-Hub Connectivity5/10
Buyers should verify local high-speed broadband availability, as infrastructure can vary depending on the specific building's service lines.
Listing information
- Agent
- Sherry FitzGerald O'Donovan (Fermoy)
- Phone
- 025 327 25
- Current status
- active
- Published on HouseDelve
- 9 November 2026
- Correction
- Report an issue
HD-6F4A70HouseDelve · 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.