With central bank lending rules restricting what people can borrow, new builds costing more than ever and interest rate hikes restricting people's repayment capacity, finding an affordable home in Dublin is harder than ever.
Many people end up priced out of their preferred area. But thankfully, there are a lot of really great properties at affordable asking prices if you know where to look. In fact, at the time of writing this post there are 175 3-bedroom houses in Dublin for sale on MyHome.ie with an asking price of €300k or under.
Here are 5 of our favourites!
Property 1:
Asking Price: €279k
Deposit Needed: €27,900
Mortgage Required: €251,100
Combined Salary Needed: €63k
This is a very well maintained and well looked after 3 bed mid terrace with a nice sized back garden.
It is less than a 15 min walk away from The Square and the Tallaght Luas Stop and numerous bus routes, and just a 2km from the M50.
Property 2:
Asking Price: €295k
Deposit Needed: €29,500
Mortgage Required: €265,500
Combined Salary Needed: €66.5k
This is another well maintained 3 bed mid terrace. It is in walk in condition with low maintenance gardens and a BER rating of B3.
It's within walking distance of Park West, 2 Train Stations and Clondalkin Village. Then it's a short dive to the M50.
Property 3:
Asking Price: €299k
Deposit Needed: €29,900
Mortgage Required: €269,100
Combined Salary Needed: €67.5k
This is a mid terrace with a twist. The downstairs has been redesigned to create a more open living area with a bigger walkway through to the dining and kitchen area.
Finglas is located within the M50, a short drive to DCU, walking distance to several small parks and lots of transport options into Dublin City.
Property 4:
Asking Price: €270k
Deposit Needed: €27k
Mortgage Required: €243k
Combined Salary Needed: €61k
Another 3 bed mid terrace family home. This one definitely needs a little modernisation, but like a lot of houses of this style has lots of potential.
Adare Park is close to schools, parks, right beside Dublin Airport, the M50 and M1 and with lots of transport options into the city. It has the big bonus of being a short drive to the sea with several beaches and nice walks for those who like to get out for some fresh air!
Property 5:
Asking Price: €280k
Deposit Needed: €28k
Mortgage Required: €252k
Combined Salary Needed: €63k
If you want to be a bit further out from the city, North County Dublin has some great choices. This 3-bed, 2-bath, end of terrace in Balrothery is just that. It has been well taken care of, has low maintenance gardens and although needs a little modernisation, is in walk in condition.
Balrothery in North County Dublin is right beside the M50 and is surrounded by lots of amenities. It is also a short drive to both Balbriggan and Skerries for those who love getting out to the seaside!
Thats just a small sample of the numerous 3 bed houses in Dublin for under €300k. Remember when you are searching on an online portal like Daft or MyHome, be sure to look in different areas and don't be afraid to use to map search. It will help highlight properties which are a lot closer than you might have thought!
If you are looking at properties or trying to get to grips with different areas, a full Home Hunter Report is available on all these properties and every property in the country. Just go to HomeHunterReport.ie and enter the address to get started!