Auction specialist iamsold has noted one of the busiest starts to the year for some time. The company currently has more than 130 properties listed for sale nationwide. With the traditional spring/summer selling season in sight, the company is encouraging property owners thinking of selling to get in touch and speak to one of its auction consultants about the benefits of auction.
Sales manager Shane May said: “As the majority of our properties are owned by private vendors, we understand that is it important that our clients get the best advice and achieve full market value for their properties. Our online bidding and auction platform provides a faster sales process for both sellers and buyers. The property legal pack is prepared by the vendor's solicitor and is uploaded to our website for review by interested parties and their solicitors. This ensures they are happy with all legal aspects before bidding and contracts are then signed immediately on acceptance of a bid. This reduces delays significantly and our process should reduce the overtime involved five to six months which can really suit vendors and buyers who are looking for a faster sales process.”
iamsold works in partnership with more than 300 auctioneers nationwide and can arrange for free property valuations alongside the local auctioneers it works with. iamsold is also the only auction company in Ireland which does not charge any upfront costs into its auctions while still undertaking a marketing campaign on each property. Shane May went on to say: “Over the past two years we have seen a change within the property market, with more people than ever now working remotely. We have seen a significant increase in demand for larger houses with space to work from home, and demand for country houses has also jumped. We have a large database of buyers ready to purchase, and we are encouraging anyone thinking of selling to contact us today.”
Clonwyn Guest House, Saint Brendan's Street, Portumna, Galway
Offered at bids over €180,000 in partnership with Sherry FitzGerald Madden, Loughrea.
This local landmark property is ideally located along Portumna's main thoroughfare. Extending to c985sq m, this substantial property has a well laid out ground floor area with a traditional style bar, café, and function room/nightclub area together with substantial first and second floor comprising nine en suite bedrooms and four one-bed apartments. Although in need of modernisation, this property would make a perfect investment project and is suitable for a variety of uses.
Fearagha, Belclare, Galway
Offered at bids over €175,000 in partnership with Tyrrell auctioneers, Tuam.
An exceptional five bed residence, build on a large site with extensive units and outbuildings. The home is in immaculate condition throughout and should attract a variety of client due to its proximity to Tuam and Galway city.
Nos 6-11 Villa Springs, Nephin Road, Dublin 7
Offered at bids over €1,250,000 in partnership with Olivia Needham Property, Westport.
For sale in one lot, this attractive and substantial investment portfolio contains six apartments in a highly sought-after location in Dublin 7. The apartments are located within one substantial two storey building and offer a superb opportunity to purchase a ready-made investment. Estimated income of €120,156 per annum once fully let, giving a return of 8.45 per cent after refurbishment works have been completed with further uplift possible. Constructed circa 1995, this block of apartments also offers potential to extend and add additional apartments, subject to the proper planning permission.
The next online auctions take place on March 10 and April 14.
To arrange for a free property valuation or for more information contact iamsold on 091 882 121, or visit www.iamsold.ie
