25 Sept 2022

The Connacht Property Auction – Is this the right time to sell?

The Connacht Property Auction – Is this the right time to sell?

Ardrum Lodge, Ballianmore Co Leitrim, offered at bids over €149,000.

With this year’s budget now come and gone, securing a property will now become the focus for many people hoping to have purchased before Christmas.

However with a heavy demand on the market and a limited supply, it is proving to be a very challenging experience for buyers looking to secure their ideal property. Nationwide property portal recorded a historic low level of properties in June of this year with little change since then.

This means that for anyone thinking of putting their property on the market, it is an excellent time to find buyers for residential, commercial and agricultural properties.

Director of The Connacht Property Auction Patrick Folan has said “with the low supply and the strong demand levels we are currently experiencing, now is a great time to market properties.

For vendors considering selling as we have thousands of registered applicants looking to buy and as auction is a faster route to sell, we will have many vendors and buyers moved before Christmas.” The company do not charge any upfront costs into the auction and take on board all marketing and entry fees – so the property owner has no costs unless the property is successfully sold.

Ardrum Lodge, Ballinamore, Co. Leitrim

Offered at bids over €149,000 in partnership with Gordon Hughes Estate Agents, Ballinamore.

Fantastic opportunity to purchase this magnificent, imposing country residence situated just 0.5 mls from Ballinamore. Overlooking the route of the Shannon-Erne Waterway the premises has been a thriving B & B Guesthouse, registered with the Irish Tourist Board. Located in a very popular tourist location the area abounds in angling and leisure facilities. Viewing is highly recommend for this property which would be ideal as a large family home or as an established Guesthouse with an excellent reputation and customer base.

Miskawn Glebe, Aughnasheelin

Offered at bids over €25,000 in partnership with Gordon Hughes Estate Agents, Ballinamore.

2 bed traditional style cottage boasts of magnificent views over the Aughnasheelin and Ballinamore countryside. In need of modernisation this quaint cottage is sited on approx. 0.85 acre of land and has numerous mature trees, together with some fruit trees and bushes. There are 2 storage sheds, a fuel shed and a greenhouse, offering any potential buyers an excellent development opportunity.

Next Public Auction: 17th November, The Menlo Park Hotel, Galway at 7pm. Registration is at 6.30pm.

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