Georgian living, with income downstairs

DUBLIN 2 €1.45M:

SUBURBANITES who dream of moving into the city will be interested in a Georgian townhouse that’s just a short walk from St Stephen’s Green. New to the market through Beirne Wise, 5 Upper Ely Place is a four-storey over basement building with part commercial use, but plenty of residential space in its 379sq m (4,079sq ft). It’s for sale at €1.45 million.

Ely Place is tucked away off Merrion Row, at the junction with Baggot Street. Most of its houses are in office or instiutional use, though a small number have been converted into homes in recent years. Number 5 is right at the end of the street, just beyond the RHA Gallery, on the left hand side. Parking is on street; the only outdoor space it has is a small yard at the back.

The hall and basement level are currently leased to a laser treatment clinic at a rent of €20,000 per year. The first floor is arranged as a one-bedroom flat which has been rented out at €1,200 per month while second and third floors together make up a three-bedroom duplex that has been rented at €1,800 per month.

The building was fully refurbished 10 years ago according to selling agent, Wade Wise. The living accommodation has two distinct themes: the first floor flat is decorated in an ultra-modern style with a stainless steel surround fireplace in the livingrooom and tall doors opening through to a large kitchen with stainless steel work surfaces.

Go up a level, however, and the duplex presents a different picture, with a cosy pine kitchen and the interconnecting diningroom and drawingroom furnished in period style. Both these rooms have original sash windows with working shutters.

The drawingroom also connects to a study with its own fireplace, and access to a fire escape. The top floor has a large main bedroom overlooking the street, two smaller rooms and a generous-sized bathroom complete with rolltop bath, as well as a shower room leading off a lower landing.

5 Upper Ely Place, Dublin 2

€1.45m for four-storey city building with both commercial, and residential space.

Agent: Beirne Wise