Saturday 24 June 2017

House auction activity gathers momentum

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.

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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