The Woods at Ballycullen Gate, is an exciting new residential development nestled at the foothills of the Dublin Mountains. Offering a selection of energy-efficient homes, the development combines contemporary living with an attractive natural setting. With the Dublin Mountains providing an impressive backdrop, The Woods offers an appealing balance of peaceful surroundings and convenient access to Dublin City Centre.
Discover a collection of thoughtfully designed homes where comfort, quality and practicality are at the heart of every detail. Each home will be constructed to the very latest building standards by Maplewood Residential, whose name is synonymous with house building in the locality. With excellent finishes, considered layouts and energy efficiency in mind, The Woods has been designed to meet the needs of modern homeowners, whether you are looking for more space for a growing family or seeking a home to suit your next chapter.
2 no. 2 bedroom ground floor apartments are being offered for sale by SDCC under an Affordable Dwelling Purchase Agreement (ADPA). These homes are, subject to exceptions, being made available for first-time buyers only. These include:
No. of homes | Property Type |
2 | 2-bedroom apartment |
Description | SQM | Open Market Value | Minimum Purchase Price | Approximate % reduction from market value | Typical Gross Household Income* |
2 Bedroom (Ground Floor) Apartment | c.81.8 | €440,000 | €345,500 | 21.48% | €94,050 |
* Income assessments and exceptions apply. Households with higher or lower incomes may still qualify.
Buyers will enter into an ADPA with SDCC. Under this scheme, SDCC will take an equity share in the home—equal to the difference between the market value and the price you pay, expressed as a percentage of the market value. Applicants must require a minimum of 5% equity to be eligible to purchase.
The council may not seek realisation of its affordable dwelling equity for a 40-year period (other than for breach of the agreement). However, the purchaser may choose to redeem or buy out the affordable dwelling equity at any time by means of one or a series of payments to the council. Eligible applicants will be prioritised based on SDCC’s Scheme of Priority.
Applications
The portal will open for applications on Thursday 19th November at 10am and will close when it is deemed that a sufficient number of applications
have been received. The link to the portal will be available closer to the time.
It is recommended that applicants have their mortgage approval in principle prior to applying for an affordable home or at least be in a position to apply for a mortgage. Further information on income that is assessable, including rules around overtime, bonuses and commission, can be viewed here.
In line with the Scheme of Priority, a minimum of 30% of these homes will only be available to applicants who are or have been living in the SDCC administrative area for a minimum of five years. Further information on the Scheme of Priority is available here.
Please ensure that you have all documentation ready to upload when the portal opens. Everything you need is outlined here and if you have any questions you can contact the affordable housing team at starterhomepurchase@sdublincoco.ie and they can assist you.
The Woods at Ballycullen Gate FAQs can be found here.