16 Galway residential and investment properties form part of nationwide sale

A total of 16 properties in Galway – with combined reserve prices in excess of €2 million – are set to go under the hammer as part of a nationwide auction taking place at the end of this month.

The lots in the city and county are part of a catalogue of more than 200 residential and investment properties across the country with a combined value in excess of €24m.

Jonathan Fenn, Allsop’s Divisional Director, said there is a strong mix of Galway residential properties included in the auction, which takes place in the RDS in Dublin on Thursday, April 28.

“Following on from three successful auctions in Q1, we have assembled 213 lots for the first of three auctions to take place in Q2. The catalogue provides primarily residential assets but with a significant commercial offering of over 70 lots.

“A number of multi-family lots will undoubtedly draw interest from investors, given the asset management and development opportunities. This will bring much needed accommodation to families under pressure to secure a home,” said Mr Fenn.

Among the local properties for sale are:

2A Old Clybaun Road, Galway. A detached four-bed house which extends to 1,840 sq ft and has off-street parking for several cars. The reserve price is not to exceed €200,000.

2B Old Clybaun Road, Galway. A detached five-bed house extending to 2,529 sq ft. Reserve not to exceed €250,000.

205 Gleann na Rí, Renmore, Galway. A two-bed apartment ideally located for students at GMIT or workers in Merlin Park or industries on the east side of the city. The property is subject to a tenancy, with the rent unknown. The reserve is €80,000.

Ballybane House, Monivea Road, Galway. Detached four-bed house with two reception rooms and a study and on a site of just over 0.42 acres. The house is 2,163 sq ft and is currently rented at €12,000 per annum. The reserve is €235,000.

7 Harbour Road, Ballinasloe. A four-bed semi-detached house measuring 1,000 sq ft. The reserve is €30,000.

Main Street, Loughrea. A mid-terrace mixed-use building known as Smith O’Mahony Opticians, which measures 3,518 sq ft. There is a retail unit at ground floor, with a five-bed apartment overhead and a warehouse to the rear. The retail unit is rented at €18,720 per annum. The reserve is €95,000.

3 Oranbay, Oranhill, Oranmore. A three-bed end-of-terrace house extending to 1,076 sq ft over three storeys. The reserve is €125,000.

Main Street, Ballinasloe. The former ‘The Usual’ bar and retail unit, which extend to 6,750 sq ft over basement, ground and two upper floors. The reserve is €50,000.

Woodpark, Annaghdown. A detached four-bed dormer bungalow extending to 1,776 sq ft. The reserve is €150,000.

8 Caheroyan Drive, Athenry. A mid-terrace three-bed house measuring 969 sq ft, currently subject to a tenancy with a rent of 5,400 per annum. The reserve is €80,000.

Ferrybridge, Clonbur. ‘Purple Heather’ is a detached three-bed house extending to 1,313 sq ft. The reserve range is €200,000 to €250,000.

22 Portacarron, Knocknacarra, Galway. Four-bed semi-detached house in a popular residential location on the Ballymoneen Road. The property extends to 1,151 sq ft and is currently rented at €9,000 per annum. The reserve is €225,000.

Cappaculla, Tynagh. ‘Hunter’s Cottage’ is a detached two-bed bungalow measuring 807 sq ft, which has a reserve price of €30,000.

For further information, contact 01 6673388 or visit allsopireland.ie