Heytesbury Lane, close to Dublin 4’s Waterloo Road, features many architect-designed properties lurking behind imposing gates.

83b, a 76sq m (818sq ft) townhouse designed by McCrossan O’Rourke Manning Architects, was constructed along with two similar adjoining properties in 1997.

On the ground floor is a living room, with a fine-sized kitchen and dining area to the rear. Upstairs are two good-sized bedrooms, both of which are bright, and a family bathroom.

One of the selling points of this property is the spacious courtyard to the rear. Although unloved, it offers huge potential due to its orientation, and green spaces are at a premium in this highly desirable part of Ballsbridge.

As the property has been rented, it feels a tad jaded and could do with an upgrade – the maple flooring needs a good sanding and the kitchen tiles darken the room, even though it has lots of light.

There is off-street parking for one car behind the tall gates, which also feature an intercom for privacy.

The asking price of €615,000 through estate agent Quillsen, represents €750 per sq ft. With the going rate for luxury apartments in Ballsbridge having breached the €1,000 per sq ft mark of late – one-bedroom apartments in Lansdowne Place are €1,161 per sq ft – there is room to upgrade without huge expense.

The much sought after location would suit those looking to downsize, or individuals who wish to reside in the embassy belt.

The fact that the house is self-contained and does not have annual maintenance charges will also appeal to prospective buyers as an alternative to an apartment.