The importance of location has been highlighted once again as property prices within Galway city centre have increased by as much 20 per cent over the last six months, while other parts of the country have remained static.
Colleran Auctioneers’ next auction on July 17 includes properties in some of Galway's most sought after areas, and as a result they will be of great interest to first time buyers, investors, or in the case of Newcastle a large six bedroom detached property which will prove attractive to any family.
Two of the properties guiding less than €100,00 are in Bohermore and Mervue. 14 Cookes Terrace, Bohermore, is an attractive, extended, four bedroom terraced house maintained in good order throughout. The property was adapted and extended to make it wheelchair accessible with a large ground floor bedroom and large en suite wet room. Accommodation includes living room with solid fuel range, kitchenette, two bedrooms on the ground floor, one en suite, and two bedrooms on the first floor. The front garden has been paved over in order to provide ample off street parking and there is a sizable back garden. If you are looking for a city centre home or investment then Cookes Terrace will certainly be of interest. Advised minimum value €95,000. Open viewing on Saturday from 2.30pm to 3pm.
Another property in the same price bracket which should also prove of interest is 31 Emmet Avenue, Old Mervue. A bright, three bedroom, terraced house, this home is in need of modernisation but nothing too daunting. One of the many attractions of this property is its very large, sun filled, south facing back garden which will certainly appeal to young families. Accommodation includes sitting room, kitchen, and bathroom on the ground floor, with three bedrooms on the first floor. It not difficult to see why Old Mervue has become so popular with first time buyers and investors, as this mature residential estate still remains affordable despite its convenience to the city centre, proximity to shopping centres, and of some of Galway's largest employers, with Boston Scientific, Hewlett Packard, and Thermo King on the doorstep. Advised minimum value €90,000. Open viewing on Saturday from 1.30pm to 2pm.
Also for auction is easily one of the finest Shantalla homes to be offered for sale for some time. 24 Davis Road, Shantalla was totally renovated and extended in 2007 to a very high standard which will become immediately apparent on viewing. This end of terrace home, with its wide side entrance, has been converted into a fabulous, spacious, and modern two bedroom house with a separate self-contained one bedroom apartment to the rear suitable for a dependent family member. The large attic has been converted for additional storage with a full staircase and is currently being used as a third bedroom. Located at the rear of University College Hospital Galway, it is a short walk to NUI Galway and the city centre and is adjacent to two shopping centres, a church, and a school. If you are looking for a quality home, gilt edge investment, or a home for your children while attending college then 24 Davis Road certainly ticks all the boxes. Advised minimum value €155,000. Open viewing on Saturday from 11am to 12 noon.
Another property fabulously located is 2 Sylvan Road Newcastle, also adjacent to the hospital and NUIG. This substantial detached bungalow is situated on a corner site in a small mature estate with a large green area as its centre. The estate comprises detached homes with mature gardens, creating a great sense of light and space throughout the estate. In need of a little modernization this property offers unlimited potential due to the size of the house. The spacious accommodation currently consists of six bedrooms, a very large sitting room with open fireplace, fitted kitchen, separate utility, bathroom, and garage. Located adjacent to NUIG and UCHG, you are within walking distance of the city centre and most amenities. As a result this property will equally appeal to investors or those looking for a family home in an established mature residential area. Advised minimum value €260,000. Open viewing on Saturday from 12 noon to 1pm.
The demand for sites and land has also increased over the last number of months and Collerans will be auctioning on July 17 the small holding of 3.619 ha (7.56 acres ) at Lisheenavalla, Claregalway, Co Galway. Close to Galway city, this holding is on the first left just past Greaney Glass on the Monivea Road. Previously used as excellent agricultural land, it has considerable road frontage with the potential for a number of sites, subject to planning. Small, quality, and compact holdings of this size are difficult to find so close to the city, particularly one with development potential and for this reason considerable interest is expected in this land. Advised minimum value €90,000.
For further details on all of these properties contact Colleran Auctioneers on (091 ) 562293.
