Leading Galway property expert DNG Maxwell Heaslip & Leonard has just announced the launch of the city’s first property auctions of 2014. Following a hugely successful auction series in 2013, the St Francis Street-based agent is once again leading with its latest offering, bringing 15 lots to the market in what promises to be an engaging event for all involved.
As usual, the company will have a diverse mix of commercial and residential properties to suit all types of buyers, with excellent value across the board. The auctions will take place in the Radisson Blu Hotel, Lough Atalia, at 3pm on Friday February 28 and as always, big numbers are expected to be in attendance. Director Alan Maxwell, who heads up the auction team, believes that while good value purchases are the biggest attraction, the auction process is still the most effective and efficient for both buyers and sellers. “The skill set of the entire DNG team from initial property appraisal to the marketing and communications process, and the presence of experienced qualified agents at all open viewings, is paramount to the overall success of the day,” he said. “Of course the auctioneer on the day must hold command over a packed and anxious room, and this is a very special talent which James Heaslip carries off with years of experience and not a little humour. Our strategy towards auctions has always been and remains to limit the number of lots in each auction. This affords us the time and dedication which each property and indeed each client merits in order to ensure they receive nothing less than a first class service.”
At DNG Maxwell Heaslip and Leonard’s previous auctions, the agents noted a significant interest from a large number of buyers from the UK and overseas who were anxious to buy. This, according to director Fergal Leonard, is indicative of the diverse range of buyers now interested in getting a piece of the rejuvenated Irish property market. “Dealing with overseas investors is very much part of our daily business now, and being part of the largest groups of estates agents in the country means our nationwide network of professional agents is equipped to offer local knowledge on a nationwide basis,” Mr Leonard said.
“Modern technology has enabled buyers from afar to view properties and access details at the click of a button, thereby simplifying the process of purchasing property. Our February auctions will, as usual, be live-streamed with the numbers viewing growing with each event. Our November auctions saw over 1,200 viewers watch online, some from as far away as Singapore, Perth, and San Diego.”
The agents are already reporting an excellent response and keen interest in the properties listed in the forthcoming auction, which was launched last week, both in terms of queries to agents and at open viewings.
No 7 Riverside Industrial Estate
The first lot in the line-up will see a commercial, light industrial/retail unit in Riverside Industrial Estate come to the auction floor. Part of a long established development of similar properties, this mid-terrace unit is in need of substantial re-building, having suffered from extensive fire damage. Being offered to the market with a ground floor footprint of c2,300sq ft, the building has a ceiling height of 24ft which would lend itself to further development at first floor level.
The development is home to numerous long established businesses with varying uses including Cunniffe Expert Electrical, Sasha Motor Parts, Cases Wine Warehouse, and Westlink Autos. Coming to the market with a hugely attractive guide price of €60,000, this property should attract those looking for a project which would eventually provide an excellent rental yield. Viewings are by appointment with the agents and Peter Casserly of Semple & Co sols, Lough Corrib House, Waterside, Galway, will handle the carriage of sale.
No 25 Ros Geal, Millars Lane
Lot number 2 is No 25 Ros Geal, Millars Lane, on the Old Rahoon Road. Located in a modern development of mixed residential properties, this outstanding duplex townhouse is an extremely well laid out three bedroom residence, tucked away to the rear of the development. Approximately 10 years old, this superb property is extremely well finished with wood floors, extensive tiling, a fully fitted modern kitchen, and a neutral colour scheme throughout. Comprising almost 900sq ft of living space, the property comes to the market with its own private entrance and balcony, parking, and easy access to all amenities, with Galway city centre just 10 minutes away. Being offered to the market with a guide price of €135,000, this represents an ideal opportunity to acquire a prime investment property or a top class starter home. Open viewings will take place every Saturday and Wednesday from 3pm to 4pm, and looking after the carriage of sale is Clodagh Gallagher of Clodagh M Gallagher sols, 43 Sli Na Sruthan, Clybaun Road, Galway.
No 338 Castlepark, Ballybane
A two bedroom end of terrace bungalow house in a well-established residential area, this property is in need of substantial renovation but offers huge potential for those seeking a well priced starter home or investment property. Located at the entrance to the estate, the house has approximately 500sq ft of living space, with off street parking to the front and a generous rear garden. Close to all amenities, Castlepark is within walking distance of GMIT, Merlin Park Hospital, and Ballybrit Industrial Estate.
Being brought to the market with a very attractive asking price of €50,000, this fine starter home will certainly appeal to those looking for both a good location and value for money. Open viewings will take place each Wednesday and Saturday from 3pm to 4pm. The solicitor with carriage of sale is Sheena Beale from Kane Tuohy solicitors, The Malt House, North Block, Grand Canal Quay, Dublin 2.
No 212 Gort Na Coiribe, Headford Road
Part of an O’Malley-built development within minutes of NUIG and Galway city centre, this award winning development is one of the finest the city has to offer. Comprising almost 700sq ft of spacious living accommodation, this beautifully presented two bedroom apartment is being sold with a high spec finish and includes top class fixtures and fittings. Ready for immediate occupation, this apartment offers an excellent rental yield for the investor, generating in the region of €9,000 income per annum. Its proximity to the university, numerous retail parks, and business centres almost guarantees its rentability all year round. Coming to the open market with a guide price of €125,000, this represents excellent value and is sure to appeal to those looking for a rock solid investment property. Open viewings will take place on Wednesdays and Saturdays from 12 noon to 1pm. Peter Crowley of CP Crowley & Co, Augustine Court, Merchants Road, Galway, is handling the carriage of sale.
No 4 Fionnuisce, Doughiska
Part of a mixed development of houses and apartments, this spacious two storey four bedroom semidetached home is located to the rear of this popular development and is in good condition throughout and ready for immediate occupation. It is being sold with laminated wood floors, tiled bathrooms, a modern kitchen, and a rear decked patio area. Within walking distance of Briarhill Shopping Centre and close to many of the multinational businesses in Ballybrit, this location is ideal for those seeking value on the east side of Galway city. With a guide price of €85,000, interest is sure to be strong. Open viewings are every Wednesday and Saturday between 1.30pm and 2.30pm, and Sheena Beale from Kane Tuohy solicitors, The Malt House, North Block, Grand Canal Quay, Dublin 2, will handle the carriage of sale.
Located in a rural area of Kilcolgan, approximately 4km off the main Oranmore-Gort road, this is a lovely 1970s style bungalow on a mature site of c0.25 acre which has a large parking area, a double block built shed, and a wooden deck. Kilcolgan is a short commute to Galway and is also easily accessible from Craughwell. At 1,500sq ft with four bedrooms, a modern kitchen/diner, family room, and bathroom, this would make the ideal starter or family home. This property has been modernised with oil fired central heating, a Tirolia range, and double glazing throughout which leaves mostly cosmetic changes to be carried out here. This property represents excellent value for money in a very popular location and is one that should be considered strongly.
Open viewings for this bungalow in Parkroe are being held weekly on Saturdays from 12 noon to 1pm, or private viewings can be arranged by prior arrangement with the agents. The guide price for this property is set at €90,000 and the solicitor with carriage of sale is Lyndsey Harris, GJ Maloney solicitors, Hambleton House, 19-26 Lower Pembroke Road, Dublin 2.
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Staying in rural south County Galway for lot no 7, where some of the best value at this auction is on offer, we find a part built bungalow property standing on c 0.8 acre at Ardmullivan, approximately 6km south of Gort. This property, which has been completed to first fix internally, would make a perfect buy for someone with a trade who can complete the required works. Planning permission on this site has now expired and an application for retention of the existing property may be required. This property adjoins two others in this auction and all three may appeal to a contractor with a view to selling on the completed houses.
The guide price here is a most attractive €45,000 with further information on this property available from Alan Maxwell who is looking after this sale.
Viewings can be arranged by prior appointment and the solicitor with carriage of sale is Lyndsey Harris, GJ Maloney solicitors, Hambleton House, 19-26 Lower Pembroke Road, Dublin 2.
Lackaghmore, Co Galway
Lot number 8 is again a part-built property which will require substantial completion works. Located at Lackaghmore, Co Galway, this is a dormer home built to block and roof level standing on a site of c0.5 acre. The original planning permission has now expired and prospective purchasers will have to either seek retention and completion of the existing structure or indeed seek a new planning application on the site. The asking price for this property is a very reasonable €40,000, which is sure to attract much interest in this very popular area. This property is only a short distance from Lackagh village with a vibrant rural community and is a short commute from Galway, Tuam, and Athenry. This property would be an ideal family home or may appeal to a tradesperson with a view to completion and selling on. Information on this property and detail on previous planning history is available on request from the selling agents. The solicitor with carriage of sale is Lyndsey Harris, GJ Maloney solicitors, Hambleton House, 19-26 Lower Pembroke Road, Dublin 2.
This 0.5 acre greenfield site has previously had planning permission for a detached home and is situated adjacent to lot no. 7. Planning permission has now expired and any development here will require a new application in this lovely rural area. Ardmullivan is predominantly rural in character but would make a perfect location for a family home just 6km south of Gort, with easy access to the southern motorway and north to Galway.
This property fronts on to the main road with public services adjacent. Full details regarding previous planning permission is available on application to Alan Maxwell who is looking after the sale of this property. The AMV for this site is €10,000 and the solicitor with carriage of sale is Lyndsey Harris, GJ Maloney solicitors, Hambleton House, 19-26 Lower Pembroke Road, Dublin 2.
The final lot of the trio of adjacent properties at Ardmullivan, lot no 10, is a part built dormer property which has been completed to second fix level. This property stands on a site of c0.5 acre with substantial works needed to complete the property internally and externally. The planning permission attached to this property has expired, and an application to retain and complete the existing structure may be required. This again would make a perfect buy for someone in a trade or may form part of a purchase of all three as a development opportunity. This property is guiding an AMV of €45,000. Detail of previous planning history on this property is available from the selling agents and enquiries regarding legal matters are available from the solicitor with carriage of sale, Lyndsey Harris, GJ Maloney solicitors, Hambleton House, 19-26 Lower Pembroke Road, Dublin 2.
Nos 39 and 40 Coole Haven, Gort
Nos 39 and 40 Coole Haven, Gort, present the perfect opportunity to buy in a smaller development which is bound to attract interest from tradespeople. The Coole Haven estate is a very short walk from the Square in Gort, which is a thriving town in south Galway. Nos 39 and 40 are a pair of semidetached homes which are built to roof level and require substantial completion work internally and externally. It is expected that these properties, which are being offered with an asking price of €30,000 for the pair, will attract strong interest in an estate where completed properties are now achieving €75,000. These houses, when complete, will make excellent starter homes or would be easily let. The two properties are being sold as a single lot and further information and appointments to view can be made with DNG Maxwell Heaslip & Leonard. All legal enquiries can be directed to the solicitor with carriage of sale, Lyndsey Harris, GJ Maloney solicitors, Hambleton House, 19-26 Lower Pembroke Road, Dublin 2.
No 6 University Halls, Newcastle
As locations go, University Halls really could not get any better with University Hospital Galway across the road and NUIG campus around the corner. This property is part of a compact mixed commercial and residential development that sees a branch of Ulster bank and a pharmacy at ground level, with apartments overhead. Number six is on the second floor and is a compact one bedroom unit which has been owner occupied since built with a range of modern appliances and is ready for occupation. The accommodation of galley kitchen, living area, bedroom, and bathroom would make an ideal investment or base for working in the locality. This building has a huge benefit of secure underground parking which has become invaluable since the introduction of paid parking in the city and especially at UHG.
As this property is at top floor level the attic area has been developed to provide a storage area of c200sq ft. With a guide price of €120,000, interest is expected to be keen. This apartment is available to view on Wednesdays and Saturdays from 10.30am to 11.30am or by prior arrangement with the agents, with all legal enquiries directed to Edmund Allen, Manus Bray & Co solicitors, Church Road, Greystones, Co Wicklow.
No 9 An Luasan
Lot no 13 is a detached residence located in the popular neighbourhood of Ballybrit. No 9 An Luasan is a four bed detached home that offers excellent value as a starter home, and is sure to engage first time buyers and owner occupiers. Apart from the usual four bedrooms, bathroom, sitting room, kitchen/dining room, utility, and guest wc, this residence has many attractive features including a rear sunroom, large front private patio/driveway, granite worktop, and a south facing rear aspect that can be enjoyed with a quality Liscannor stone rear patio. Located on the old Monivea Road, with the city bus stop outside the door, along with industrial estates, the Clayton Hotel, and Briarhill Shopping Centre nearby, this property is sure to attract much interest due to its attractive guide price of €160,000. Open viewings take place every Wednesday and Saturday from 4.30pm to 5.30pm and Liam Staunton of Liam Staunton & Co solicitors, Sea Road, Galway, is handling the carriage of sale.
Lot no 14 is a large country residence six miles from Galway city, on offer for €245,000. This four bed property on circa 0.5 acre totals c3,300sq ft of living space with a family room, kitchen/dining room, utility, guest wc, sitting room, storage closet, and an en suite bedroom on the ground floor, with three bedrooms, a bathroom, and an office upstairs. The master bedroom and main sitting room have not been completed, but the master bedroom includes bed space area plus an extra-large bathroom space that could also double as a nursery. This house is about 11 years old and includes a detached shed to the rear. Located just off Carnmore Cross, with Oranmore, Claregalway, and Galway city nearby, this residence offers excellent value. You can view this property every Wednesday and Saturday between 1.30pm and 2.30pm, and the solicitor with the carriage of sale is Bernadette Glynn, Bernadette Glynn solicitors, Unit 3 Bluebell Woods, Oranmore, Co Galway.
No 2 Lios Ealtan,
With Salthill a four minute walk west and the city centre a four minute walk east, this ground floor two bed apartment is in excellent condition and ready to occupy. Lios Ealtan is a very well presented development of apartments and townhouses, with electronic gated entrance parking, own private street entrance, and circa 625sq ft of living space. Its central location is probably this apartment’s greatest attribute, and because of this the potential to earn €10,000 per annum is very real. With the advised minimum value a very realistic €115,000, this will surely appeal to all astute investors as a gross yield of 8.7 per cent is on offer. Open viewings take place each Wednesday and Saturday between 3.30pm and 4.30pm and Martin Mulroy of Mulroy & Company solicitors, 4 University Road, Galway, is the solicitor with carriage of sale.