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15/07/2024

Cork City Council To Launch First Affordable Housing Scheme

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Cork City Council in collaboration with Citidwell Developments Ltd is set to launch the first affordable housing scheme in south east Cork at Seaberry Drive, Meadow Brome, Grange.

The launch follows successful earlier affordable housing schemes at Newton Heights, Boherboy Road, Cluain Chaoin, Tower, Crann Darach, Montenotte, Ardrostig, Bishopstown, Heathfield, Ballincollig and most recently, at Danesfort, Whites Cross.

The scheme brings the number of new, affordable homes made available through Cork City Council’s Affordable Housing Scheme to over 300 houses, enabling buyers to access quality, affordable, sustainable homes in highly sought-after locations across Cork City. The development consists of 16 affordable homes, including 10 three-bedroom end of terrace houses and 6 three-bedroom mid terrace, A2 rated, spacious homes

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Lord Mayor of Cork, Cllr. Dan Boyle said: "As a local authority, we are committed to meeting our objective of delivering high quality affordable homes for the people of Cork. This new scheme, the seventh scheme to launch under the council's Affordable Housing initiative, demonstrates the work that Cork City Council is doing to achieve the targets set by government. I want to thank both Citidwell Developments Ltd. and Cork City Council for their work in delivering this project."

It is anticipated there will be significant interest in this scheme which is located in a sought-after suburb with good public transport connections and proximity to many amenities and services. These homes will be available for sale via Cork City Council’s ‘Local Authority Affordable Purchase Scheme’,

The homes are for sale from approximately 20% below open market values to those who qualify for the Affordable Housing Scheme. For eligible applicants, the mid terrace three-bedroom homes will be available from €313,500 and end of terrace three-bedroom homes from €321,000.

The Seaberry Drive Affordable Housing Scheme homes are generally available for first-time buyers who do not already own a property, although exceptions will apply for 'Fresh Start' applicants.

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