Ballyjamesduff, Cavan, Ireland
- PROPERTY TYPE
Duplex
- BEDROOMS
40
- BATHROOMS
20
- SIZE
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Description
Please note this property will be offered by online auction (unless sold prior). For auction date and time please visit iamsold.ie. Vendors may decide to accept pre-auction bids so please register your interest with us to avoid disappointment.
We are delighted to welcome to the market an excellent opportunity to acquire a large investment holding in a much sought after location and offering a 9% potential return.
These 16 properties are all large, well-constructed properties that were built and rented by the current owners in 2006.
The portfolio includes 8 x 3 bed townhouse (circa 113.82 m2) while the 8 x 2 bed duplexes are also large at circa 83.2 m2.
The properties can be purchased as one lot of 16 properties or as two lots of 8 properties:
Lot 1 - 8 x 3 bed houses
Lot 2 - 8 x 2 bed duplex
Lot 3 - Entire including 8 houses & 8 duplexes
This residential portfolio offers an opportunity to get a good return from an easily managed investment. As the current owners own all properties, they also manage the 16 units without the need to employ an external management company.
There is significant demand for accommodation in the town of Ballyjamesduff due to some substantial employers in the area including Liffey Meats which has several hundred employees and is one of the highest rated companies in Ireland based on ranking website Other large employers in Ballyjamesduff include Modern Homes Ireland (Modular Housing Provider) employing 117 people and Cavan Box which has been operating since 1983.
TO VIEW OR MAKE A BID Contact Martin Shortt Auctioneers or iamsold,
Auctioneers Comments:
This property is offered for sale by unconditional auction. The successful bidder is required to pay a 10% deposit and contracts are signed immediately on acceptance of a bid. Please note this property is subject to an undisclosed reserve price. Terms and conditions apply to this sale.
Note:
These particulars, whilst believed to be accurate, are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact, but must satisfy themselves by inspection, measurement or otherwise as to their accuracy. No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. Properties may be sold via online auction auction and bids made prior the auction may be accepted by the vendors. iamsold and our partner auctioneer will share relevant personal information and transactional updates with each other so that we can effectively market and sell properties including the arrangement of viewings and follow up.
Ballyjamesduff, Cavan, Ireland
NEAREST AIRPORTS
Distances are straight line measurements- Dublin(International)49.2 miles
- Sligo(Local)63.5 miles
- Knock(International)65.6 miles
- Belfast(International)68.0 miles
- Galway(International)81.5 miles
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About the agent
IAM Sold, Galway
First Floor 16A Liosbaun Business Park Tuam Road Galway City
IAM Sold are a progressive and hardworking auction group who aim to sell properties quickly, securely and at fair market value. We work in partnership with local estate agents to offer an auction solution with exceptional local and national exposure. We are continuously offering properties for sale via our online auction across Ireland, Northern Ireland and the UK.
For sellers, we offer fantastic exposure locally, nationally and internationally. Our service provides a secure route to sa
Notes
This is a property advertisement provided and maintained by IAM Sold, Galway (reference sallygardens) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call IAM Sold, Galway on 020 3835 6484.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”