New Louth homes selling at €100,000 below market value

By Olivia Ryan, The Drogheda Independent

The launch of a new housing development in County Louth will see house-hunters offered the rare opportunity to buy their dream home at €100,000 below average market value.

Quarry Court, situated in the heart of Ardee, County Louth, is an exclusive new development of just eleven three-bedroom family homes. The modern A2 rated homes offer “the perfect blend of style, convenience, and affordability”, with prices for eligible buyers starting at €240,000.

The location is second to none. Quarry Court is within walking distance of shops, supermarkets, schools, sporting facilities, restaurants, cafes, and everything Ardee town has to offer. Residents will enjoy the convenience of being just minutes from the M1 motorway, providing easy access to both Dublin and Belfast, making it ideal for commuters. The development also benefits from local bus links, parks, and a strong community setting, offering an excellent quality of life in a vibrant and growing town.

The catch? To be considered for one of these homes, applicants must first apply for eligibility through the Louth County Council Affordable Housing Scheme. Applicants must also have mortgage approval.

As part of the affordable scheme a three-bed semi detached house in Quarry Court, which has a current market value of €355,000, will be offered to eligible buyers from €255,000.

A three-bed end of terrace property, valued at €350,000, will have an ‘Affordable Price’ from €250,000.

And a three-bed mid terrace house, which could sell on the open market at €340,000, will be available under the scheme from €240,000.

Successful buyers will be offered a brand new family home, finished to a high standard and ready to move into. Features include an open plan kitchen/living area on the ground floor, hallway and W/C, two bedrooms and main bathroom on the first floor, and a third bedroom with walk in storage on the second floor.

These homes also come with a fitted kitchen (no appliances), flooring to bathrooms, sanitary ware, tiling in wet areas, painted white interiors, and cobble lock paving to the rear. Heating is provided by an energy efficient air to water heat pump system.

The development features landscaped grounds, fifteen parking spaces for the eleven homes (including one wheelchair accessible space and two electric vehicle charging points).

The Affordable Housing Scheme makes home ownership achievable by bridging the gap between the open market value and what you can afford.

Interested buyers can apply for eligibility through the Louth County Council Affordable Housing Scheme. See direct link to the application portal: https://www.louthcoco.ie/en/services/housing/affordable-purchase-scheme

Quarry Court represents a rare opportunity to secure a modern, energy efficient home in an unbeatable location at an affordable price. For further information, contact Leinster Property Consultants today at 041 685 6317, email info@lpconsultant.ie or visit www.lpconsultant.ie

The Affordable Housing Scheme is managed directly by Louth County Council. Applicants must apply through the Council's eligibility process to be considered for these homes.