{"id":134062,"date":"2025-11-11T13:55:10","date_gmt":"2025-11-11T13:55:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/134062\/"},"modified":"2025-11-11T13:55:10","modified_gmt":"2025-11-11T13:55:10","slug":"cheapest-homes-in-limerick-set-to-sell-for-almost-three-times-their-asking-price","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/134062\/","title":{"rendered":"&#8216;Cheapest homes in Limerick&#8217; set to sell for almost three times their asking price"},"content":{"rendered":"<p>TWO derelict properties in the city <a href=\"https:\/\/www.limerickleader.ie\/section\/460\/property\" target=\"_blank\" rel=\"noopener nofollow\">centre<\/a> which went on the market for a combined \u20ac90,000 are set to be sold for almost three times\u2019 this value.<\/p>\n<p>No 3 and No 4 Creagh Lane, on King\u2019s Island were dubbed the cheapest homes in Limerick when they went to market earlier this year.<\/p>\n<p>No 3 was on sale for \u20ac40,000, while neighbouring property was listed at \u20ac50,000.<\/p>\n<p>READ MORE:\u00a0<a href=\"https:\/\/www.limerickleader.ie\/news\/crime-and-courts\/1939839\/sheer-brutality-victim-suffers-fractured-skull-and-scarring-in-broad-daylight-hammer-attack-in-limerick.html\" target=\"_blank\" rel=\"noopener nofollow\">&#8216;Sheer brutality\u2019: Victim suffers fractured skull and scarring in broad daylight hammer attack in Limerick<\/a><\/p>\n<p>The properties are both described as \u201cderelict\u201d and \u201cin need of complete refurbishment works\u201d.<\/p>\n<p>Limerick City and County Council had acquired the properties compulsorily in July, 2020.<\/p>\n<p>A sale was agreed for the two properties for a total of \u20ac255,000 in June.<\/p>\n<p>But then the council withdrew them from sale, at the behest of Mayor John Moran, who said he wanted to explore keeping them in public ownership.<\/p>\n<p>Ultimately, a sale has now been agreed with two buyers.<\/p>\n<p>No 3 Creagh Lane is expected to be sold for \u20ac125,000 with its neighbour set to go for \u20ac135,000, both cash sales &#8211; \u20ac260,000 in total.<\/p>\n<p>Two separate business people have agreed to buy the properties to accommodate their staff working nearby.<\/p>\n<p>Councillors are expected to rubber-stamp the sale at a meeting later this month.<\/p>\n<p>ADVERTISEMENT &#8211; CONTINUE READING BELOW<\/p>\n<p>ADVERTISEMENT &#8211; CONTINUE READING BELOW<\/p>\n<p>ADVERTISEMENT &#8211; CONTINUE READING BELOW<\/p>\n<p>ADVERTISEMENT &#8211; CONTINUE READING BELOW<\/p>\n<p>ADVERTISEMENT &#8211; CONTINUE READING BELOW<\/p>\n<p>ADVERTISEMENT &#8211; CONTINUE READING BELOW<\/p>\n<p>ADVERTISEMENT &#8211; CONTINUE READING BELOW<\/p>\n<p>ADVERTISEMENT &#8211; CONTINUE READING BELOW<\/p>\n<p>ADVERTISEMENT &#8211; CONTINUE READING BELOW<\/p>\n","protected":false},"excerpt":{"rendered":"TWO derelict properties in the city centre which went on the market for a combined \u20ac90,000 are set&hellip;\n","protected":false},"author":2,"featured_media":134063,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[93,61,60,1396,78055,10724],"class_list":{"0":"post-134062","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-entertainment","8":"tag-entertainment","9":"tag-ie","10":"tag-ireland","11":"tag-limerick","12":"tag-local-history","13":"tag-property-watch"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/134062","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=134062"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/134062\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/134063"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=134062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=134062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=134062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}