SNB said:You may have difficulty getting mortgage approval for a one bedroom property..............this is due the limited resale value/marketability of such properties.
This is not true from my experience. As properties prices rise, the one bed apt will become the new starter home. Check any development with one bed apts and ask which type have sold out first.
As for rentability, it is easier to rent a one bed than a two due to the fact that there are far less of them. Daft today has approx 1300 two beds and 400 1 beds for rent in Dublin city.
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