McFeely Ailesbury Road home for sale
Bankrupt developer Tom McFeely’s family home on Dublin’s Ailesbury Road is on sale for €3 million.
Mr McFeely lost his latest court battle over the repossession of his family home at the High Court today.
The High Court today dismissed an appeal he and his wife Nina brought against a Nama company’s legal proceedings which led to the possession of the house on August 11th, 2011.
The National Asset Loan Management Ltd (Nalm) company obtained the repossession order arising from Mr McFeely defaulting on a €9.5 million mortgage taken out in 2005.
The advertisement for the McFeely’s former family home, located on 2 Ailsebury Road, Ballsbridge, Dublin 4, is available on www.myhome.ie.
The house, named Coolbawn, is described as being located in a “top Dublin 4 address” with “period features”. It has electronic security gates.
The two-storey house features five bedrooms, kitchen, living room, breakfast room, dining room, drawing room and several bathrooms.
The house is described as having period features, timber floors, marble fireplaces and French doors.
The advertisement says that “the property will requiring some refitting and modernisation and presents an ideal opportunity for the new owner to create a home of distinction in one of Dublin 4’s finest residential roads.”
The house is in the catchment area of a number of Dublin’s private schools, St Andrew’s College, Blackrock and St Michael College.
The advertisement states that viewing of the house is strictly by appointment.