Tuesday 17 October 2017

Four sold, four still under negotiation at Roscommon

Another Roscommon investment property has been sold following the Property Partners Earley auction last Thursday. This brings to four the number of properties sold. A further four are still under active negotiation.

The latest sale is a commercial property with five bedroom residential accommodation in the village of Ballingare. It sold after auction for very close to its €85,000 reserve. Three of the 11 properties sold under the hammer.

A four-storey shopping complex completed to shell finish in Strokestown, Co Roscommon, sold for only €80,000 or €20,000 below its guide, while a former shop and two apartments at Church St, Strokestown, sold for €57,000 -- €12,000 over its guide.

The highest price was the €400,000 -- €15,000 over the guide -- achieved for 42 acres at Carrick-on-Shannon. Six years ago this property at Cortober, beside the River Shannon, was bought for €7m.

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