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Auction nets €3m worth of property transactions

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Upper Newcastle, Galway

Almost €3 million worth of property sales were recorded at the latest O’Donnellan & Joyce ‘Wild Atlantic Way’ auction at the weekend.

Auctioneer Colm O’Donnellan said there was “tremendous interest” in the auction, with standing room only.

“Prospective owner occupiers and investors were given a superb selection of property to choose from, especially in Galway City. Bidding was fast-paced,” he said.

The highlights of the afternoon were both properties in Newcastle, just a stone’s throw from NUI Galway and University Hospital.

23 Newcastle Park, a detached five-bed house (with a study that could be used as a sixth) which would make an ideal family home and an excellent investment opportunity because of its location, had an Advised Minimum Value of €400,000.

There were two interested parties, and bids increased in increments of €5,000 before it sold for €440,000.

22 Upper Newcastle Road also has a fantastic location, and offers 6/7 bedrooms over three floors. The mid-terrace property also has the potential to generate up to €38,000 per annum in rent. The guide price was €330,000 and there were two interested parties. It sold for €10,000 above the AMV.

Also sold on the day was a two-bed townhouse on Bridge Street in Ballinasloe in ‘The Oat Gallery’. The AMV was €19,000 and it sold for €27,000 to an investor.

A three-bed apartment at the Station House development in Clifden had an AMV €65,000 – it attracted 29 bids from three separate parties and sold for €101,000.

A modern two-bed apartment adjacent to the Shearwater Hotel sold for €43,000, €3,000 over its AMV.

In Ahascragh, a bungalow in need of modernisation, which had an AMV of €65,000 did not reach the reserve price, bot sold after the auction for €61,750.

On Main Street in Ballinasloe, a ground floor retail unit with a two-bed apartment overhead was sold with tenants in place.  Bidding opened at €45,000 and rose in €5,000 increments to €75,000. The AMV is €60,000 and it generates €650 per month in rental income.

For more, read this week’s Connacht Tribune.

Connacht Tribune

Survey finds homeowners are planning makeovers

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Colin Bebbington of Bord Gáis Energy: new research.

Almost half of people in Connacht (42%) say their relationship with their home has changed over the last year and three quarters say they now value their home now more than ever.

That’s according to new research by Bord Gáis Energy into attitudes towards our homes. It revealed that while we value it more than ever, 47% plan to make changes to their property this year.

Thinking about making their interiors suitable for the future, 45% say they want to upgrade their house to make it more sustainable and energy efficient.

Householders in Connacht now see their home as not just a place to reside but a place to live, work and make the most of their free time. Post Covid-19, 37% say they see themselves continuing to spend more family time spend at home, 22% say they intend to keep working from their property, while a fifth (19%) will keep entertaining and socialising at home.

Almost half (47%) of households in Connacht want to make changes to their garden and outdoor spaces. Almost two thirds (63%) cited it as the place where they relax and 21% say they have now started to enjoy al-fresco dining in their garden over the last year.

Colin Bebbington, Retail Director with Bord Gáis Energy said: “The energy sector is changing and evolving, as are our customers’ lives which are now more complex than ever. As we transition to net zero carbon emissions by 2050, customers can expect to see new thinking, new innovations and upgraded solutions around energy management from us,  while knowing that the energy they use to power today is being brought to them by the people who are thinking about how to manage that energy to protect tomorrow.”

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Connacht Tribune

More than 40 lots set to go under the hammer

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The land in Caltra with two unfinished houses.

O’Donnellan & Joyce are gearing up for their next online auction, which takes place on Friday, July 23.

With just over 40 lots set to go under the hammer on the day, the catalogue promises to have something for everyone and includes farmlands, former Garda stations, commercial premises, country homes, urban pads and even a cottage on Inishbofin island.

Among the properties for sale are:

134 Gleann Dara, Bishop O’Donnell Road, Galway.  A 4-bed semi within easy access of NUIG and UHG, which could make a starter home or investment property.  The Advised Minimum Value is €195,000.

Fawnmore, Inishbofin. This charming 2-bed cottage is in perfect condition and is situated on an elevated site with panoramic ocean views with a south westerly aspect. This very special property would make a lovely holiday home or indeed a permanent residence.  The AMV is €265,000.

Kingstown, Sky Road, Clifden. A cottage in need of modernisation with an idyllic setting in a rugged landscape with panoramic views of Streamstown Bay as its backdrop.  Full planning permission was granted in 2020 to redevelop to a 3-bedroom home of 90.6 sq.m. with a living/kitchen/dining room, utility, main bathroom and master en suite, all on a site of 0.35 acres. The AMV is €90,000.

Reaghan, Tynagh, Loughrea. A detached 5-bed dormer bungalow in need of some loving care. This property extends to 206 sq.m, comes with a garage and approximately 1.09 acres of land.  Set in a leafy country setting, this property would make a lovely family home with lots of room to extend (subject to planning). Tynagh Village is just five minutes’ drive away with post office, church and shop. The AMV is €75,000.

For more, read this week’s Connacht Tribune.

Connacht Tribune Digital Edition App

Download the Connacht Tribune Digital Edition App to access to Galway’s best-selling newspaper.

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Get the Connacht Tribune Live app
The Connacht Tribune Live app is the home of everything that is happening in Galway City and county. It’s completely FREE and features all the latest news, sport and information on what’s on in your area. Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

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Connacht Tribune

Spacious family home takes advantage of light throughout

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Roveagh, Kilcolga

This beautiful family home, which was built in 2001 and extended in 2011, boasts 378 square metres on a three-quarter acre site in Roveagh, Kilcolgan.

Free flowing open plan living spaces marry well with the functional areas of the house. The residence is set amongst mature landscaped gardens that provide privacy, shelter and extend to 0.73 acre.

On entering this home, the sense of light and space are evident with double height entrance hallway that opens to the kitchen and living room.  The kitchen has a customised units, central island, Corian work tops and Neff integrated appliances, the living area is a comfortable open plan area with fireplace and oil fired stove.

The breakfast/dining room is off the living area and has dual corner sliding glass doors that open directly onto a south-west facing sunny patio. The sunroom and en suite guest bedroom are also in this part of the house.  At the other side of the entrance hall is the sitting room with raised hearth open fireplace, a play/games room and guest toilet off the hall.

To finish the ground floor accommodation, there is a utility room with extensive storage leading to fully fitted office and a customised home gym.

The first floor is accessed via a solid timber open tread stairwell onto a bright landing that has a balcony and reading area overlooking the entrance hall. There are four bedrooms on this level, including the main bedroom suite, three further bedrooms one of which is en suite and the main bathroom.

For more, read this week’s Connacht Tribune.

Connacht Tribune Digital Edition App

Download the Connacht Tribune Digital Edition App to access to Galway’s best-selling newspaper.

Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

Or purchase the Digital Edition for PC, Mac or Laptop from Pagesuite  HERE.

Get the Connacht Tribune Live app
The Connacht Tribune Live app is the home of everything that is happening in Galway City and county. It’s completely FREE and features all the latest news, sport and information on what’s on in your area. Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

 

 

 

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