A THREE-BEDROOM cottage on Dundrum Road opposite the gates of the Central Mental Hospital has had a €50,000 price cut and is now for sale through agent Felicity Fox for €425,000.

The Lodge, Dundrum Road, Dublin 14, stands on 0.16 of an acre. The house stands with its side on to Dundrum Road between a car showroom and two shops on the corner of St Columbanus Road.

It has planning permission for a second entrance from St Columbanus and it is zoned Objective NC, which would allow for a development – residential or retail or medical, suggests the agent – on its large private back garden.

Accommodation includes a kitchen, living room, dining room, three bedrooms and basement storage accessed from outside.