As offers of third level education places are made to students this week, the Private Residential Tenancies Board (PRTB) is advising students – and particularly those who will be looking to rent student accommodation for the first time – to check their rights and responsibilities when it comes to renting and avoid paying excessive rents by informing themselves of actual rents across the country.
The PRTB Rent Index, which is available on www.prtb.ie, provides students with important benchmark information and is an authoritative guide as to the actual rents being charged by landlords adjacent to all Universities, ITs and other Third Level colleges.
Compiled by the Economic and Social Research Institute (ESRI), and based on the PRTB’s own register of over 300,000 tenancies across the State, the Rent Index reveals the actual rents being paid for rented properties, as distinct from the asking rent which features in other rent reports published by other parties.
The index covers 446 locations across the country and five different property types. This can help students and their parents to make informed decisions about the accommodation options open to them, both adjacent to college and along transport routes, and to negotiate the best possible deal on rent.
“Going to college is an important and exciting experience, but some students who are renting, particularly those leaving home for the first time, may need some support and guidance as they leave home and rent for the first time,” said PRTB Director, Anne Marie Caulfield.
“PRTB has found that many first time students are unsure of their rights, or who to contact if they find themselves in difficulty. One of the biggest challenges this year is the cost of renting and scarcity of accommodation. The danger is that students, in a desire to find accommodation, sign up to longer leases than they need or informing themselves of market rent in the area or of their rights,” she explained.
The PRTB Rent Index reveals the different rent levels across the country for different accommodation – in the first three months of 2015, the average rent for a two-bed apartment in Galway City was €809.25, compared to €588.91 in Limerick, €867.20 in Cork, and €1,334.58 in Clonskeagh in Dublin, beside UCD.
Ms Caulfield also advised students to think carefully and consider all that is involved in renting a property and, perhaps, moving in with new flatmates.
“Remember that you may find yourself jointly and severely liable for your flatmates rent arrears or bills. We have also published information on protecting deposits and how to ensure it is refunded at the end of the academic year, as well as a list of what students are legally entitled to in terms of the standard of rented accommodation, and their responsibilities as tenants.
“We would remind students to make sure they get the landlord’s name, address and phone number in case of emergencies – you’re entitled to that. And don’t sign up to a 12 month lease if you will only be staying for a nine month academic year,” she added.
The PRTB would encourage students to search the PRTB website to see if their potential landlord has had previous dispute cases.
For more, read this week’s Connacht Tribune.
With some investment, this property could be restored to use as a home
This large detached dormer style residence is set on a half-acre site of mature landscaped gardens at Cloonacauneen on the outskirts of the city.
The house is slightly elevated and enjoys excellent views over the surrounding countryside. Cloonacauneen is a quiet and settled country location just 7km from Eyre Square.
The property was most recently used as an office – it has been well cared for and maintained and will require some investment to reinstate all the residential facilities.
It provides spacious, bright rooms and extends to 205 sq m in total, which would accommodate 4-5 bedrooms, 2-3 reception rooms. Facilities include double glazed windows and oil-fired central heating.
The gardens have been planned and developed with mature shrub beds, hedge rows, lawn areas. Natural stone wall and entrance pillars at the front lead to an extensive tarmacadam parking area to side and rear. There are lawns to the front and rear and a large patio area at the rear.
Selling agent Rachel O’Dowd said: “This property offers a quality residence that gives new owners opportunity to model to their own needs, on a large mature site and in a very peaceful settled community setting, giving all the benefits of country living yet only minutes from Galway City.”
The asking price is €310,000. The BER Rating is C3. For further information or to arrange a virtual viewing, contact Sherry FitzGerald on 091 569123.
Another batch of homes to go under ‘virtual’ hammer with successful online auction house
I AM Sold Property Auctions, which runs The Connacht, Leinster, Munster and Northern Ireland Property Auctions have a number of upcoming online auctions, with the next Connacht Property Auction taking place on April 29.
According to the company, its online auctions have been in high demand over the past few months and offer buyers and sellers the chance to transact their properties without any need for usual travel and interactions needed with other sale processes.
Sales Manager Shane May said: “While current restrictions are preventing the industry from working to full capacity, we have seen a significant increase in the enquiry levels on this time last year prior to the pandemic. The first quarter of 2021 has been busy, both in terms of sales and enquiries, despite available properties being at their lowest level in over 10 years.
“Once lockdown restrictions were lifted last year, the pent-up demand was very evident with a surge of sales and closing from June to December. We are confident that this will again be the case once restrictions ease and with low stock and high demand, it is a surprisingly good time for property owners to sell their properties,” said Mr May.
The Connacht Property Auction are the only auction company who do not charge any upfront costs to enter a property into auction and with buyers spread across the province, the auction team are confident they can continue to get strong results.
Among the properties set to go under the virtual hammer are:
28 Rian Luachra, Ballybane, Galway. A three-bed semi with full planning permission for a second three-bed semi, offered at bids over €230,000 in partnership with REMAX Galway. No 28 is presented in excellent condition throughout having been well maintained by the current owner. The rear of the property boasts a sunny south-facing aspect with gated side access and large manicured lawns feature to the rear and side of the property. Rian Luachra is a wonderful family friendly estate located four minutes from Merlin Woods and five minutes from Ballyloughane Beach.
For more, read this week’s Connacht Tribune.
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Thatched cottage is a perfect base for exploring nature and cultural history
Farrell Auctioneers are handling the sale of a fabulous thatched cottage located at Attifneen, Gort.
This cottage is in close proximity to explore the Wild Atlantic Way, The Cliffs of Moher, the Aran Islands or relive history at Coole Park in the footsteps of poet WB Yeats and Lady Augusta Gregory.
The cottage is which is presented in excellent condition by the current owners and tastefully decorated in keeping with the traditional cottage style.
Accommodation includes entrance porch, kitchen, sitting room, bathroom, office, four bedrooms (one en suite) and a sauna. Externally, there are landscaped gardens with mature shrubs and trees, a secret garden, sauna and one bedroom chalet.
Selling agent Colm Farrell said: “We highly recommend viewing this picturesque beautiful property.”
The asking price is €285,000. For further information, contact Farrell Auctioneers on 091 632688 or visit colmfarrellproperty.com