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Buyers from outside Galway keen to snap up investment properties

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Woodhaven, Merlin Park

There has also been an “overwhelming” response from potential investors in properties which will go for auction later this month.

More than 50 properties will be going under the hammer on July 24, and auctioneer Colm O’Donnellan told Tribune Property he is expecting interest from overseas in a number of properties in the catalogue.

“We have incredible diversity and value in this summer auction sale with over 50 properties. A substantial amount of them are throughout Galway City, including desirable locations like Devon Park, Merlin Park, Newcastle, Tirellan Heights and a large variety of city centre apartments.

“There are a number in the Salthill area with panoramic views of Galway Bay and the surrounding coastline.

“It will have incredible value, diversity and some very exceptional properties which will create excellent interest, which we anticipate from both home and abroad,” said Mr O’Donnellan.

Anne Harding, auction co-ordinator, said she has been overwhelmed by the reaction.

“It’s been particularly big from investors outside Galway looking to acquire residential investments within close proximity to the university and the city centre, of which there are a number going into the July auction.

“Buyers are looking to acquire properties around Galway city where you are guaranteed to get a strong rental income and future growth,” said Ms Harding.

Here is a selection of some of the properties going under the auction hammer in the Galway area:

11 Woodhaven, Merlin Park. This is a superbly located seven bedroom detached residence with three en suites. It needs extensive refurbishment. There is parking to the front for four cars and large rear yard and side entrance. The Advised Minimum Value is €360,000.

78 Gleann Dara, Bishop O’Donnell Road, Galway. A fine four-bed semi-detached property within close proximity to NUI Galway and University Hospital Galway. The rear garden not overlooked. The property being sold fully furnished. The AMV is €150,000.

1 Arasain na Mara, Salthill. Superbly located three-bed ground floor apartment (791 sq ft) with breathtaking views of Galway Bay. The AMV is €145,000.

14 Arasain na Mara, Salthill. Spacious one-bed second floor apartment (457 sq ft) with sea views and private parking. The AMV is €110,000.

Connacht Tribune

Well located three-bed with west-facing garden

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Bangla House at No 61 Drom Chaoin

Bangla House at No 61 Drom Chaoin off Bishop O’Donnell Road in Galway is a three-bed semi-detached home.

Enjoying a west-facing garden and ideally located close to all essential amenities, this 943 square foot property is owner occupied and has been well maintained.

The accommodation comprises an entrance hall with storage in the porch area, one downstairs bedroom, shower room, open plan living/dining room and kitchen.

On the first floor there are two additional bedrooms and the main bathroom with a large hot press on the landing.

This house is less than 2km from University Hospital Galway and NUIG, while Salthill is within easy striking distance. The Westside Shopping Centre and Gateway Shopping Park in Knocknacarra are all within 2km away.

The asking price is €245,000. The BER Rating is D2. For further information or to arrange a viewing, contact Sharon Egan at Sherry FitzGerald on 091 569123.

 

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Connacht Tribune

Unique property by the seaside

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In need of extensive refurbishment, but plenty of potential: this property in Carna will go under the hammer in an online auction next month.

DNG Martin O’Connor are handling the sale of this traditional two-storey farmhouse in an enviable seaside location at Callowfinish, Carna.

The property – with horse stables on a large site of 2.35 acres – is conveniently located a few minutes’ walk from two of Ireland’s best sandy beaches ‘An Trá Mór’, known locally as Callowfinish beach and a coral beach known as ‘An Trá Bíi’. From Callowfinish beach, Finish Island is also accessible by foot with tidal times.

It extends to 1,486 square foot and is in need of renovation, but offers excellent potential and provides the prospective purchaser with the opportunity to create their dream home in the heart of Connemara.

It would also make a delightful holiday home in this picturesque area where all the family needs can be catered for, with its holding of land and stables one can even bring the pony on holidays.

The accommodation consist of an entrance hallway, living room, dining/living area, kitchen to the rear, bathroom/utility, ground floor bedroom with toilet, four bedrooms upstairs enjoying beautiful hill and distant seaside views.

For more, read this week’s Connacht Tribune.

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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

Online specialists get annual auction season underway

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An Pon da Rosa, Rossmore, Woodford

Property auction specialists IAM Sold are now taking entries for their upcoming online auctions, which are scheduled for September 16 and October 21.

Previous years have shown that September to November are particularly strong months for selling residential and commercial property and the auction team are keen to speak to property owners who are considering bringing their property to the market.

Sales Manager for Connacht, Shane May, said: “We are continuing to see a strong appetite for all varieties of property throughout the province.

“The lack of supply of good family homes as well as commercial/investment properties is putting upward pressure on property prices in most locations and in particular the urban areas of the province.

“September tends to be a very busy time in property sales, with buyers settling back after the summer months and they want to find a suitable property.

“We find this is an excellent time of year for sales of family homes and investment properties. There is still time to enter properties into our September auction and we encourage properties owners to make contact with the us to arrange for an initial valuation,” said Mr May.

He said that selling with IAM Sold is an attractive option for an vendor as the company do not charge any upfront costs to enter a property into their auctions and take on board all marketing and entry fees.

Among the properties coming under the hammer are:

An Pon da Rosa, Rossmore, Woodford.Offered at bids over €295,000 in partnership with Keary Auctioneers.

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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