Longford properties to go under the hammer

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Longford properties to go under the hammer

A three-bed bungalow at Derawley, Drumlish, Co Longford, which will be auctioned in two weeks time.

The Leinster Property Auction will take place in two weeks time, with the event to be held in The Clayton Hotel, Liffey Valley, Dublin, March 7, at 7pm. The auction team noted steady enquiry and viewing levels on most of the properties for sale at the upcoming auction.

Patrick Folan of The Leinster Property Auction noted that there has been a a larger presence of mortgage buyers in the market in the first six months of the year. This, he said, is largely down to bank and lending institutions proving a higher volume of mortgages in the earlier months and also some exemptions to leading rules.

Mr Folan explained that their auctions are suited to vendors and buyers of all types, noting that the vast majority of their vendors are private individuals who want to advertise to a wider audience, whilst also receiving a fair market price.

Some properties of note include a three-bed bungalow at Derawley, Drumlish, Co. Longford. Offered at bids over €199,000 in partnership with Padraic Davis Auctioneering, this residential farm comprises of a single storey residence on approximately 20 acres of excellent farmland.

The next property is a large mixed-use building on the Main Street, Kilnaleck, Cavan. Offered at bids over €149,000 in partnership with Martin Shortt Auctioneers, this sale includes both a four-bed townhouse and a 500 sq ft retail unit.

The final property offered for sale is situated at St Judes, Station Road, Lusk, Dublin and is being offered at bids over €295,000. It is a former Credit Union building and has been fitted out to a very high specification.

For more information visit www.leinsterpropertyauction.ie.