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The homebuyers guide to Clonmel

Clonmel town, view from the hill, County Tipperary, Ireland

06 Jul 2017

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Don’t mess with the people of Clonmel – Tipperary’s county town! In medieval times, the citizens of the town took on Cromwell and won.

Well okay, they didn’t actually win but the town only surrendered (on favourable terms by the way) to the ‘bauld’ Oliver after nearly killing 2,000 of his men in an infamous siege back in 1650.

The walls were eventually breached but not without heavy losses on the Cromwellian side. And as a mark of respect to Clonmel’s brave citizens, Cromwell donated his sword to the town.

More recently Clonmel has been famous for its production of cider with two big brands still made there – Bulmers and Magners Irish cider. And of course the gorgeous Roz Purcell* – food blogger and author of Natural Born Feeder, is also from Clonmel.

Why move to Clonmel

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Clonmel or Cluain Meala ‘the meadow of honey’ is one of the largest towns in Ireland’s south-east. The town is uniquely positioned in the Suir River valley, shadowed by the Comeragh Mountains and Slievenamon.

Not only that, but where the town is situated geographically means that it’s commutable to Cork, Limerick, Waterford and Kilkenny – all within an hour’s drive of Clonmel.

In addition, Clonmel is only 55 minutes drive from Cork airport; an hour and 20 minutes from Shannon and less than two hours drive from the capital’s airport on a good day, according to Perry Daniel, assistant manager of EBS Clonmel.

“The town’s population is between 15,000 and 20,000 and it’s the biggest inland town in Ireland,” explains Perry.

It also has a large agricultural hinterland for leisure activities. It’s close to the Vee Pass, Rock of Cashel and Cahir Castle as well as having its own rich history. If you like running, hiking, cycling or pretty much anything outdoorsy, there’s plenty of breathtaking scenery in the area.

Employment in Clonmel

“This is a very vibrant town for business; there are a lot of employers including Boston Scientific and Abbot Vascular, both American companies based in Clonmel,” explains Perry.

There’s also the South Tipperary General Hospital, Merck Sharp & Dohme, Bulmers, Magners, Pinewood Healthcare in Ballymacarbry and a huge equine industry in south Tipp where John Magnier has his stud at Coolmore and Ballydoyle. There are two hotels, the Clonmel Park Hotel and Hotel Minella. Plenty of opportunities for a range of different sectors!

Great value property in Clonmel

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Good news for those thinking of buying in the lovely town of Clonmel – property prices are very reasonable in this part of south Tipperary.

So if you’re a first time buyer who hasn’t a big budget, or you’re willing to relocate jobs wise, or commute – then listen up, because there are plenty of good property options.

In terms of property trends, according to Perry, prices have increased in the last 12 months by about 10 percent.

Even so, Clonmel offers some seriously good value when it comes to getting on that elusive property ladder.

“A three-bed, semi-detached house at the lower end of the market that was costing €120,000 a year ago is now fetching up to €140,000 while an upmarket version will set you back between €180,000 to €190,000.

“Meanwhile, a detached house can be bought for between €190,000 and €200,000 plus - depending on the size of the site. You can buy a one-bedroom apartment in Clonmel for €40,000,” says Perry.

And we found a two-bedroom semi-detached house for €85,000 and a five-bedroom detached house for €295,000 at the time of writing (May 2016).

Clonmel for families

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If your family loves sports they will be spoiled for choice here and there’s plenty of clean Irish countryside to roam.

“Sport is massive here; both hurling and football. Clonmel Commercials made it into the club championship semi-final this year. There’s plenty to do with GAA, soccer, rugby, athletics plus horse and greyhound racing,” explains Perry.

There are leisure centres in both hotels including gym, pool and aqua aerobics classes. Slightly outside the town is the Knocklofty Leisure Centre and there are golf clubs in Clonmel, Cahir and Slievenamon.

“Generally families trading up will consider areas such as Springfields or Tivoli Heights, although there are similar mature areas within the town to check – it all depends on budget,” says Perry.

“Discussions are ongoing in relation to new developments in Clonmel; there are currently 13 new properties being built to order in Powerstown Way which is the final phase of this development.”

There are four secondary schools and up to 10 primary schools in Clonmel so the town is very well serviced educationally.

Among the national schools to choose from include Ardfinnan NS, Gaelscoil Chluain Meala, Killurney NS and Lisronagh NS.

Clonmel for first time buyers

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So the big question – how much will buying a home here set you back?

“Buying is generally cheaper at the moment than to rent; many people are struggling to find properties to rent as supply is very scarce and demand is so high,” says Perry.

“Glen Oaks up near the hospital is quite popular for first time buyers, as are Longfield, Ard na Sidhe, Kylemore and Dromeala up the Cashel Road – which is close to two of the town’s largest employers, Abbot Vascular and Boston Scientific.

“For first time buyers who want to be close to work, these properties may be a bit more expensive but it’s nearly cheaper to buy, as rent is around €800 a month. You can currently get a mortgage of €160,000 for 35 years (maximum term) – and the monthly repayment on that is €680 per month,” adds Perry.

Clonmel for commuters

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As already mentioned you can commute to all the main cities in the south of the island from Clonmel. In 10 minutes you can be on any of the motorways including the M8 to Cork or Dublin or on the N76 to Waterford or Kilkenny. And it’s well serviced by Irish Rail and Bus Eireann. Just call it commuter heaven!

Thinking of buying a house in Clonmel?

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Before you go house hunting it's a good idea to get your mortgage arranged – or at least discussed so you know where you stand.

Get the ball rolling with our First Time Buyer and Next Time Buyer guides.

If you'd like to talk through your mortgage options, book a 30 Minute Mortgage Meeting with Perry or one of the team in EBS Clonmel. You can also use our mortgage calculator to find out how much you may be able to borrow.

Don’t forget to visit our Facebook page for the latest home inspiration, news and great competitions. 

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Tom Pollard & Co Ltd is a tied mortgage agent acting solely on behalf of EBS d.a.c. EBS d.a.c. is regulated by the Central Bank of Ireland.

The content of this blog is expressed in broad terms and is limited to general information purposes only. Readers should always seek professional advice to address issues arising in specific contexts and not seek to rely on the information in this blog which does not constitute any form of advice or recommendation by EBS d.a.c.

EBS d.a.c. neither accepts nor assumes any responsibility in relation to the contents of this blog and excludes all warranties, undertakings and representations (either express or implied) to the fullest extent permitted under applicable law.

Prices taken from Daft.ie and Myhome.ie accessed May 2016.

*If we mention celebrities, we're not saying they love us. They secretly might, but it doesn't mean they endorse us.

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