Offaly properties to go under the hammer in huge online auction

A number of residential properties in Offaly will be open to bidding

Justin Kelly

Reporter:

Justin Kelly

Email:

justin.kelly@iconicnews.ie

Offaly properties to go under the hammer in huge online auction

Offaly properties to go under the hammer in huge online auction

BidX1, an online auction house, have announced details of their upcoming February auction, offering over 350 properties across three days in what will be their largest online auction to date.

SEE ALSO: PROPERTY IN FOCUS: This is the most expensive house on sale in Offaly

A number of Offaly properties will hit the market at the end of the month, including a five-bedroom home in Clara, which is issued with a reserve not to exceed €145,000 guideline.

PICTURED: A house in Clara which will go under the hammer with online auction house BidX1

The house at Heather Grove in the town is a beautiful modern family home sure to get bidders interested when it goes under the hammer.

The Irish auctions planned for February have been split across three separate days in order to cater for such a large offering.  Residential properties are going under the virtual hammer on February 22 & 23 while the commercial auction will take place the following week, on February 28. 

Also up for grabs in Offaly is a pair of three-bedroom duplex apartments, to be sold separately, at Clonmullen Hall in Edenderry. These apartments have been labelled with a reserve not to exceed €80,000. 

PICTURED: One of the apartments going up for auction at Clonmullen Hall in Edenderry

The final lot from Offaly is a residential unit in Clara, which will be auction on February 28. The former 'Walk in Style' shop is a 69 sq. metre commercial premises located on River Street on Clara.

 

PICTURED: The vacant unit in Clara comes with a guide price of €30,000

Jonathan Fenn, Director at BidX1 and Head of Residential Auctions, commented:

“We kicked off the year by announcing our acquisition of leading UK property auctioneers, Andrews & Robertson. Having pioneered the use of online auctions in Ireland in 2015, expansion into the UK is an exciting development for us, and we intend to hold our first UK online auction this spring."

"Today sees the launch of the first Irish auctions of the year with a bumper 350 lot catalogue, totalling more than €60m on reserve, and providing a welcome injection of commercial and residential stock into what has so far been a quiet market. This will be our largest online auction to date so we’ve spread it across three days – 22nd, 23rd and 28th February.”

The residential catalogue also features exclusive properties across Ireland, including The Overlook in Porterstown, Dublin 15. A detached five bedroom house on more than 2 acres overlooking the 4th & 5th hole of Castleknock Golf Club, the property is reserved at €1,000,000.

In South Dublin, an attractive mid-terrace three bedroom house on Sandymount Road in Dublin 4 is going under the hammer with a reserve of €700,000 while a semi-detached four bedroom house on South Lotts Road, also in Dublin 4, is reserved at €630,000. 

Other interesting investments include the ‘Trotting Track’ in Portmarnock – a land holding comprising a horse racing track, golf driving range, clubhouse, and office premises – which is guiding €550,000; and a prime South Dublin residential development site in Shankill. The latter extends to 0.88 hectares, carries planning permission for 4 residential units, and is being offered with a guide of €700,000.

You can find out more at www.bidx1.com.

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