Tuesday 24 January 2017

House auction activity gathers momentum

Published 25/03/2011 | 05:00

Rural residence: At Drimneen, Co Galway the AMV here is €380,000
Rural residence: At Drimneen, Co Galway the AMV here is €380,000
DevonPark, Salthill, Galway,is guiding €185,000

Twelve residential properties in Wicklow, Kildare, Galway and Lisdoonvarna will be auctioned in the next two weeks.

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The Irish Society for the Prevention of Cruelty to Animals are selling the Lisdoonvarna house, a three-bedroom former doctor's home with a surgery which was bequeathed to the society.

Located on a 0.5 acre site within walking distance of the town centre, its agents Casey Auctioneers (065 7074273) are guiding €200,000 for the auction on April 8.

Today a cottage on 0.7 acres at Turnings, Straffan, Co Kildare will be auctioned by Property Partners Brady (01 6510000) who are guiding €170,000.

On Thursday, April 7, Quidara, a 213.6sqm derelict period house on 0.12 acres in a high profile location on Blessington's Main Street will go for auction. Auctioneers JP & M Doyle (045 865568) are guiding €100,000 for the Wicklow property.

Also in west Wicklow, a detached cottage on 6.5 acres will be auctioned in three lots on April 8. Jordan Auctioneers (045 433550) are quoting €100,000 for the cottage itself on 1.9 acres at Mullans, Dunlavin and €50,000 each for the other two plots of grazing land which have good road frontage.

On the same day in Galway agents O'Donnellan & Joyce (091 564212) will auction eight properties each of which would appeal to owner-occupiers and three might also appeal to investors.

A four-bedroom mid-terraced house, Padua, 16 Lower Salthill, with attractive features, a 139sqm floor area and rear access has a €295,000 AMV. Last year a similar house in Lower Salthill would have sold in the region of €350,000 and as much as €550,000 during the market peak.

Also in Salthill, while 8 Devon Park needs refurbishment, nevertheless this three bedroom, end-of-terrace residence benefits from a cul-de-sac location and an attractive rear garden. Its guide price is €185,000.

Nearer to the city centre and university, 11 The Green, College Road, is a three-bedroom house with 2 en suites which is in walk-in condition. With its investment potential its AMV is €250,000.

On Coolough Road, 1.2 miles from the city centre, 123 Crestwood, is a four-bedroom bungalow on a large corner site with a €195,000 AMV.

The most valuable property is 17 William Street in Galway's city centre which has a €450,000 AMV. This is a modern three-storey building, it comprises a 93sqm ground floor retail unit and four upstairs apartments each with one bedroom and measuring 46.5sqm.

In the eastern suburbs of Ballybane, a three bedroom semi-detached house, 15 Heathgrove, is in good condition and could appeal to first time buyers or investors due to its proximity to a number of industrial estates and GMIT third level college. Its AMV is €135,000.

For those who prefer a rural residence, a family home at Drimneen, Moycullen, Co Galway, comprises 267sqm in walk-in condition, five bedrooms, landscaped gardens. Standing on 0.5 acres, it is located 1.5 miles from Moycullen Village and its AMV is €380,000.

To the south-east of the county at Drumharsna, Ardrahan, located five miles outside the village of Ardrahan on the Kinvara Road, is a four-bedroom, 167sqm bungalow with a large detached garage on 1.33 acres. This property is guiding €165,000.

Irish Independent

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