We are delighted to complete our final phase at Roseberry Hill which comprises of the last 16 out of 45 homes purchased by Túath. These 16 homes are a mix of 3 and 4 bedroom, beautiful quality homes, offering superb long term family homes for our tenants. We wish our new and existing tenants all the very best in their new long term homes at Roseberry
Túath are very happy to have acquired 6 beautiful two-bedroom bungalows at Kellett’s Grove in Dunshaughlin. As we all know bungalows are a rare find in the current new homes market so we are very Túath are very happy to have acquired 6 beautiful two-bedroom bungalows at Kellett’s Grove in Dunshaughlin. As we all know bungalows are a rare find in the current new homes market so we are very
Túath are delighted to have acquired a number of Part V social homes in Athlumney, Navan, CO. Meath. As per the planning regulations a minimum of ten percent of all new housing developments are allocated as social housing and Túath acquired these much needed family homes on behalf of Meath County Council. This acquisition was supported by Council and funded using CALF funding from the Department of Housing, Planning and Local Government (DHPLG) and EIB funding through the Housing Finance Agency (HFA)
After several years of a very challenging acquisition process, Túath completed the purchase of 26 apartments at Northbank, Castleforbes, D1, for just under €5M. The apartments have been refurbished and comprise a mix of 6 x one beds, 16 x two beds and 4 x three beds. The homes were bought under Section 25 (DDDA Part V) from a receiver. At an average €190,000 per property, the acquisition represents excellent VFM (value for money). No capital finance was required from the DHPLG with loan funding provided entirely by the Housing Finance Agency on a 25 year term at a fixed interest rate of 3.5%, resulting in an overall Loan to Value of 63%.
The acquisition of the Northbank apartments topped off a busy fortnight for Túath with the completion of seven different developments in collaboration with six local authority partners in Meath, Roscommon, Wicklow, Kildare, South Dublin and Dublin City.
New Northbank tenants enjoying the fine weather whilst getting their keys at Túath HQ.