IAM Sold Property Auctions is expecting strong interest from buyers over the next few weeks as the company prepares for its final auction events of 2021, which take place on November 18 and December 16. In recent years the property market has seen extremely high market activity in October and November with many people hoping to buy or sell before the Christmas period.
Sale manager Shane May commented: “With auction being the fastest method of purchase, many buyers will look at the auction platforms in order to close before Christmas. Recent research which we undertook has shown that our auction platform is taking an average of three months from point of coming to market to closing. Private treaty sales are taking an average of nine months from start to finish and we feel for this reason alone, buyers and vendors should look to the auction platforms to move in a more reasonably timeframe.
“With the high demand for residential properties, coupled with the low supply we are currently experiencing, we are finding there is interest and competitive bidding on the vast amount of the properties we offer for sale," he added. "We feel now is an excellent time to offer property to mark, with thousands of registered applicants currently looking to buy before Christmas.”
Selling with IAM Sold is an attractive option for any vendor as the company does not charge any upfront costs to enter a property into its auctions, and takes on board all marketing and entry fees.
No 87 Mullan Mor, Tuam Road, Galway
Offered at bids over €235,000 in partnership Property Partners Emma Gill, Galway.
This chic four bed townhouse is within excellent proximity of Galway city centre. Deceptively spacious, this stylish property measures 113sq m over two floors and is presented to market in turnkey condition. This property would make an ideal starter home for a couple, or equally for a young family, or indeed an investor with solid rental returns owing to its proximity to the city centre. Externally No 87 enjoys an enviable position within the Mullan Mor development with the added benefit of a sizeable private garden to the rear which has been fully cobblelocked.
Carrowbrowne, Dangan, Galway
Offered at bids over €90,000 in partnership with RE/MAX Property Experts Galway.
Approximately 7.24 acres of level land with access onto main Galway/Headford road. The land provides clear sight lines for an extended distance in both directions. This land has much potential and is only minutes from Galway city centre.
Cloughvoley, Kilkelly, Co Mayo
Offered at bids over €49,000 in partnership with Sherry FitzGerald Hanley.
This two bed traditional stone cottage is nicely built on a mature c0.4 acre site just off the N17 Galway to Sligo road. The house itelf is in need of extensive renovation but there is great potential to turn this house into a cosy home. There is off street parking to the front of the house, a large garden to the side, and a garage attached to the side of the house.
Contact IAM Sold Property Auctions on 091 882 121 to arrange for a free property valuation or for more information visit www.iamsold.ie
