HOME BUYERS SEEKING a high-quality modern home with great transport links and a wide range of amenities may find what they’re looking for at Farranshock Park.

Located close to the town centre of Mullingar, Co Westmeath, the new development from Glenveagh Homes includes a selection of beautifully crafted two and three bedroom homes which are currently on sale.

Prices at Farranshock Park start from €285,000 for two bedroom mid-terraced homes, and from €310,000 for three bedroom homes, all of which are A-Rated.

Transport connections are a strong feature of these homes with the M6 offering access to Dublin within an hour, and Galway within 90 minutes. Buyers can also avail of the fast and frequent Dublin-Longford Commuter or Dublin-Sligo InterCity rail services from Mullingar Station.

Farranshock Park offers multiple primary and secondary schools in the locality meaning it’s the perfect place for growing families to put down roots in this amenity-rich, friendly neighbourhood. The local area is packed with well-established, vibrant sports clubs, including football, GAA, rugby, and golf.

On weekends, Mullingar gives residents a wide array of cafes, restaurants and bars to enjoy or hop on a bike and check out the stunning Mullingar Blueway routes, as well as taking in the beautiful lakes around Westmeath.

Glenveagh’s Farranshock Park comprises of energy efficient, A-Rated 2 and 3 bed family homes and you can take a virtual tour of the homes here. 

Farranshock Park is ideal for first time buyers as it qualifies for both the First Home Scheme and the Help-To-Buy Scheme. 

You can avail of both schemes when buying in Farranshock Park. For example, the home purchase price is €310,000 – for a three bedroom mid-terrace in the new community – and first time buyers are required to have a deposit of 10% of the property value.

With the Help to Buy scheme, you can get a maximum of €30,000 towards your deposit, meaning the remaining deposit needed is €1,000. This means the mortgage needed to purchase the home would be €279,000 (less Help-to-Buy and deposit). For more information on the Help to Buy scheme, check out Glenveagh’s site.

Under the current central bank rules, mortgages can account for up to four times the combined salary of applicant(s). The First Home scheme can bridge any difference between the deposit and mortgage to the value of 20% when used in conjunction with the Help-to-Buy scheme.

A mortgage applicant(s) salary of €60,000 gives you a max mortgage of €240,000 from the required amount of €279,000 from the above example. The difference of €39,000 can be bridged using the First Home Scheme.

With the First Home scheme, there is no charge for the first 5 years, and a maintenance charge is applied after that. For more information, check out Glenveagh’s site.  

For further information on Farranshock Park and to request a viewing, register your interest today at www.farranshockpark.ie.

Farranshock Park is brought to you by Glenveagh, one of Ireland’s leading community builders.