herald

Tuesday 21 August 2018

Nearly all homes sold after buyers camped at estate

Swords house queue
Swords house queue

ALMOST all of the new houses in a Swords housing estate were snapped up after people queued for four nights to secure their dream homes.

Last night a spokeswoman for estate agents Sherry FitzGerald told the Herald that 45 of the 53 properties had gone sale-agreed.

"It was very busy. We were hoping to sell half of them at least," she said.

One buyer, Megan O'Shaughnessy (23), who was at the head of the queue, is "over the moon" with her purchase of a three-bedroomed semi-detached home.

wedding

The Swords woman made the big buy with fiance Rob Delaney ahead of their wedding next February.

"We're going to move in either at the end of December or the end of January which works out better for us - with the wedding coming up we can just focus on one thing," she said.

The couple will marry in Trim next St Valentine's Day.

As they prepare for their life together, Megan even knows who her new neighbours will be at Millers Glen.

"A few of the girls we were queuing with will be our neighbours," said the retail manager.

Reports emerged last Tuesday of eager house-hunters lining up outside a new housing estate that was not going on sale until Saturday.

Eight people camped out overnight to get their names on the top of the buying list when the show homes opened at the weekend.

They were scenes reminiscent of the boom years, and there were warnings of a new bubble, though some experts said the queue was simply the result of a supply crisis.

"The queuing is a perfect illustration of the shortage of houses. It doesn't feel like a boom like the last time. This is different - it's a supply crisis," said Ronan O'Driscoll, of Sherry FitzGerald.

Another property professional warned that the current activity could develop into a bubble.

"Many people are asking if this is a bubble. I don't know the answer. If lending activity doesn't increase it will likely be a bubble," said Robert Hoban, director of auctions at Allsop Space.

And the Construction Industry Federation (CIF) believes that if the current supply problem is not tackled, queues like last week's will continue around the country.

chuffed

But talk of crisis aside, soon-to-be-married Megan is happy that she spent four nights sleeping out under the stars to secure her house.

"They're absolutely fabulous. They're so big inside and the kitchen is huge. We're absolutely chuffed with it," the new homeowner said.

Megan did not waste any time as she started shopping for furnishings yesterday.

Millers Glen is the first new housing estate to be developed in Swords in seven years. It was built by Gannon Homes.

At close of business last night seven three-bed houses and one four-bed were still available.

jfegan@herald.ie

Promoted articles

Entertainment News