Residential investment opportunities at O’Donnellan & Joyce auction

O’Donnellan & Joyce will hold its next auction on April 17 where there will be many investment opportunities for the savvy investor.

No 27 Cois Chlair, Claregalway

This is a lovely two bedroom apartment located in the heart of Claregalway. Presented in excellent condition and ready to walk into, this property would suit both owner occupiers and investors alike. Renting in Claregalway is at a premium and if one was to purchase this property as an investment one would be guaranteed an all year round good rental income. Open viewing takes place every Wednesday and Saturday from 11am to 12 noon, and with an AMV of €65,000 it is likely to create good interest. Solicitor with carriage of sale is Michael Ward, Liam Staunton & Co, Sea Road, Galway, 091 587070.

No 133 Gort na Coiribe, Headford Road

Gort na Coiribe was built originally as NUIG student accommodation with a 10 year tax incentive. This tax incentive has now expired and it is possible to purchase any of these properties for your own use. No 133 can be purchased and owner occupied; purchased and rented to people other than NUIG; or purchased and left with the management company to look after it for you. The property is currently rented, it comes fully furnished, and is in good condition. Open viewing takes place every Wednesday and Saturday from 3.30pm to 4.30pm, and the AMV is €250,000. Solicitor with carriage of sale is Anne Jennings, Keaveney Jennings & Co, 1st Floor, 5 Mary Street, Galway, 091 564213.

No 7 Raleigh Row

Raleigh Row is a real part of old Galway. Located in 'the West', it is situated beside the Jes primary and post primary schools. This is a gem offering a cosy home that would be an ideal first time buyer’s home, or a wonderful investment property that would offer an all year round return due to its superb location. Features include double glazed windows and doors, oil fired central heating, a yard to the rear with shed/utility, and of course the wonderful location. Open viewing takes place every Wednesday and Saturday from 5pm to 6pm. AMV is €160,000. Solicitor with carriage of sale is Mary Moylette, MacDermot & Allen solicitors, 10 St Francis Street, Galway, 091 567 071.

No 6 Ceannt Avenue, Mervue

This very attractive three bed semidetached property is presented in good condition. Tucked away in the corner of a quiet cul-de-sac, this lovely property enjoys an extra large rear garden with mature trees and a good sized shed. Features include PVC double glazed windows and doors and oil fired central heating. It has rear access through a right of way that serves the six houses on the strip. The rear garage opens onto this right of way, which is a huge bonus. It is located within walking distance of local shops and will make a great starter home of a wonderful investment property. Open viewing takes place every Wednesday and Saturday from 11am to 12 noon, and the AMV is €125,000. Solicitor with carriage of sale is Michael Molloy, Blake and Kenny solicitors, 2 St Francis Street, Galway, 091 564340.

No 9 St Anthony’s Terrace, Bohermore

This is an ideal project for a DIY enthusiast. Although the property is in fairly good condition it is dated and in need of refurbishment and modernisation. The rear area/garden of the property needs total upgrading, however once this is done this will be a lovely family home located just a stone’s throw from Prospect Hill and Eyre Square.

Features include oil fired central heating, double glazed windows and doors. The external walls have been dry lined. This would make lovely starter home or a great investment property.

Open viewing takes place every Wednesday and Saturday from 2pm to 2pm, and the AMV is €110,000. Solicitor with carriage of sale is Leonard Silke, Silke & Co solicitors, 43 William Street, Galway, 091 561667.

No 174 Bohermore

Located on the main road not far from Prospect Hill, No 174 is presented in very good condition and enjoys a long split level rear garden with shed. Although in need of some refurbishment and modernisation, this is a lovely property with a strong location and will make an ideal starter home or a great investment property. The house has four bedrooms and ample living space. Close to Eyre Square and on a main bus route to the GMIT and UHG, it is a very attractive property. Open viewing takes place every Wednesday and Saturday from 3.30pm to 4.30pm. AMV is €185,000. Solicitor with carriage of sale is Paschal Mullery, Mullery solicitors, 33 Woodquay, Galway, 091 565136.

No 48 Wellpark Grove, Wellpark

This is a superbly located detached residence situated in a traffic free cul-de-sac, within one mile of Galway city centre and within walking distance of all major facilities. The property, which has a spacious interior with four large bedrooms, is in need of refurbishment and upgrading throughout. This is an ideal opportunity to acquire a detached residence that you can put your own stamp on. The property would be an ideal investment due to its close proximity to GMIT and a number of work centres. The property is listed with an AMV of €170,000. Open viewings take place Wednesdays and Saturdays from 12.30pm to 1.30pm. Solicitor with carriage of sale is Bernard Creavin, Creavin & Company, 18 Lower Kilmacud Road, Stillorgan, Co Dublin, 01 2832922.

No 17 Sailín, Wellpark

This is a bright and spacious two bedroom first floor apartment located just off the main Galway/Dublin Road at Wellpark. The apartment is superbly located immediately adjacent to the g Hotel and the Wellpark Retail Centre. It is also within walking distance of Mervue Business Park. This apartment is being sold with vacant possession but was previously rented at €850 per month. In addition, there is communal parking and viewing is guaranteed not to disappoint. The property is listed with an AMV of €135,000. Open viewings take place Wednesdays and Saturdays from 2pm to 3pm. Solicitor with carriage of sale is Lorraine McDermott, Beauchamps, Riverside Two, Sir John Rogerson’s Quay, Dublin 2, 01 4180600.

No 185 Cluain Riocaird, Headford Road

This is a superbly located two b

edroom, first floor apartment, situated within three miles of Galway city centre. The property measures approximately 666sq ft and is being sold with tenants in place and is currently generating a rental income of €550 per month. Located on a bus route into Galway city centre, this property would provide a superb investment. The property is listed with an AMV of €75,000. Open viewings take place on Wednesdays and Saturdays from 3.30pm to 4.30pm. Solicitor with carriage of sale is Lisa White, Eugene F Collins, Temple Chambers, 3 Burlington Road, Dublin 3, 01 2026400.

All of the above properties come well under the ceiling for 10 per cent deposits and so should be attractive to those wishing to purchase a property under €220,000.

Anyone wishing to place a property for auction in any of the company’s upcoming auctions should contact O’Donnellan & Joyce on 091 564212 to arrange to have one of the agents meet you at your property for a free valuation and appraisal, and go through the various auction dates and the advantages of selling at auction.

Contact can also be made with Colm O’Donnellan on 087 2887446, Tony Joyce on 086 25292110, Mary Fahy on 087 9969831, or Anne Harding on 086 8173335.

 

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