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Dublin: 7°C Tuesday 2 March 2021
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What else could I get for… the €195,000 pricetag on this old knitting factory

We take a look at what €195,000 could get you around the country.

EVER WISHED FOR a simpler life? Something away from the hustle and bustle of the city?

Well, maybe this former knitting factory in Galway is exactly what you’re looking for. Secluded in the tranquillity of the West of Ireland, this former hub of industry could be the place to get away from it all.

Perhaps you might even fancy returning the premises to its former glory and reopening it as a knitting factory (although I think its heyday may have predated the outsourcing of labour costs to the Far East).

The building started out in 1906 as a knitting school where young women were trained to knit and then sell their work, bringing employment and money into the area. It was converted into a home some decades ago.

knitting factory 1 Source: daft.ie

A big draw for this house is its scenic lakeside position. This allows for some pretty spectacular sunset views.

knitting factory 2 Source: daft.ie

If privacy is your thing, this property’s description promises “no neighbours on three sides” – we’re presuming the fourth side is the one with the door on it.

knitting factory 3 Source: daft.ie

The four-bedroom house is over 100 years old and retains a number of its original features from its time as a knitting school.

knitting factory 4 Source: daft.ie

At €195,000, this property, which is located in Galway’s Carraroe offers good value for something so unique.

All the recent figures from the CSO showing that house prices are rapidly on the up. All the same if you look around a bit, €195,000 still seems to go an awfully long way.

Here’s what €195,000 would get you around the rest of the country. 

Dublin

For a lot of people the first thing on a list of ‘must haves’ for a property is location. Their future home may be too small, come with a capricious heating system and have an array of chipped paint and peeling wallpaper – but if it’s in the right place, these other sins can often be forgiven.

This apartment in Dublin’s Smithfield has none of those defects – and is located in a premium area of the nation’s capital.

The apartment is on the market for €225,000 and would appeal to young professionals or someone looking for a rental investment.

smithfield 1 Source: daft.ie

The property has been recently refurbished and in the listing it is estimated that it could potentially pull in more than €20,000 in rent in a year.

smithfield 2 Source: daft.ie

The home comes in a block that is mostly owner-occupied – and its listing duly informs us that it is well maintained by the building’s resident caretaker.

smithfield 3 Source: daft.ie

It even comes with scenic views of the city’s Luas lines – good if you’re into that sort of thing.

smithfield 4 Source: daft.ie

Tipperary

This house comes with the promise that it has had its price reduced to €215,000 – although what it has been reduced from, it doesn’t say. This spacious property comes with five bedrooms and is set in half an acre of its own manicured gardens.

tipperary house 1 Source: daft.ie

The property also comes with its own garage that has enough room for two vehicles.

tipperary house 2 Source: daft.ie

Something this house’s description draws attention to is its outdoor water pump, described as a “wonderful feature”.

tipperary house 3 Source: daft.ie

Its outdoor patio and lawn areas have been maintained to a very high standard, and which offers views of the surrounding area due to the house’s elevated position.

tipperary house 4 Source: daft.ie

Cork 

If you’re more of the DIY mindset you could buy this plot of land in Glanmire, Cork for €180,000. It is unclear whether the dog pictured is included in that price but we’re guessing not.

cork land 1 Source: daft.ie

The site comes with planning permission and is in close proximity to the Jack Lynch Tunnel and The North Link Road. East Cliff View is a development of five sites – ensuring that those who develop in this area are ensured their privacy.

cork land 3 Source: daft.ie

Whoever was responsible for taking these pictures of the site had a task on their hands. There are only so many different ways you can take a picture of a field.

cork land 4 Source: daft.ie

Cork

Look – do you see that off in the distance? It looks like… like a church maybe? 

church 1 Source: daft.ie

Yes – it is a church. And it could be yours for the quite reasonable price of €195,000 (a reduction of €55,000 on the original price). The building dates from the 18th century and has undergone substantial restoration work since the 1980s.

church 2 Source: daft.ie

The interior of the home maintains a number of the original features and comes with a sprung hardwood floor and spiral staircase.

church 3 Source: daft.ie

Its location offer superb views of Bantry Bay and the surrounding countryside.

church 4 Source: daft.ie

Read: Rent in Dublin is up by 16.6%, but what about other areas?

Also: Two-thirds of first home buyers would not meet new Central Bank rules: Ulster Bank

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