THE home of famous Limerick writer Kate O’Brien is back up for sale, but its price-tag has been reduced by a dramatic 76 per cent.
The birthplace of the writer on Mulgrave Street, which has been on the market for five years, has now been reduced in price from €350,000 during the height to the boom to just €85,000.
The house and site was originally valued at €1.4m, however just the property rather than the lands to the rear are for sale.
Local estate agents de Courcy on Glentworth Street have announced that the property is for sale by tender until Wednesday, November 16.
Known as Boru House, the 3000 sq ft property includes seven bedrooms and four additional rooms in the attic. However, it is said to be “in need of some immediate TLC”. The detached two-storey redbrick building was built by the writer’s grandfather, Thomas O’Brien, in 1880 and is described of possessing “rich architectural, artistic and historic interest.”
The protected structure, which is in a derelict condition and has been damaged by fire, still retains many of its original architectural features.
It is owned by the Lloyd family, who previously hoped to secure more than the €1.4million prior to the property slump. However, despite numerous viewings, the property has lain vacant and has been subjected to repeated acts of vandalism.
*A full version of this story was published in the print edition of Limerick Chronicle, dated October 11, 2011