A crowd of over 120 people turned up to the latest Connacht Property Auction held last Thursday night in The Menlo Park Hotel. In total there were 24 properties offered for sale from across Connacht including several Mayo properties.
With an 88 per cent sold ratio at the February auction and 92 per cent at the April auction, the auction team were expecting another big turn out and indeed they were not disappointed. The auction room was full with indeed the crowd spilling into the registration area at the back of the room.
The first lot of the night was an agricultural holding in Leitrim Village, Keshcarrigan, which had over a dozen parties registering interest in the lands. Bidding came in strong with a large number of people raising their hand to bid for the first successful sale of the night. In total, 21 of the 24 properties were sold giving the auction team an 88 per cent success rate on the night.
Lot 2 was a former guesthouse Baymount House, Seaview, Clifden which was offered for sale in partnership with Matt O’Sullivan Auctioneers, Clifden. The auction team noted interest from both local buyers and also from the UK for this well located property. The premises was subject to strong interest in the lead up to the auction and was successfully sold for €355,000.
The last lot of the night was a small two bed property located on New Street, Ballinrobe which was subject to significant interest and received eight bids on the night was sold for €47,000 in partnership with Emma Gill Lettings & Sales, Ballinrobe.
The Connacht Property Auction noted they have a large number of clients looking for properties in Galway City, Sathill/Knocknacarra, Oranmore, Athenry, Clifden and Ballinasloe.
In other areas there were a number of successful sales including Lot 5 located in Partry, (Westport/Claremorris), Co. Mayo which was sold in partnership with O’Malley Properties, Westport for €215,000.
Another well maintained family home was successful purchased in Monvana, Co. Clare for €187,000 in partnership with Pat Considine Auctioneers, Kilrush. While a large two storey dwelling in Ballinamore, Co. Leirtim received bidding before the auction and was successfully sold in partnership with Gordon Hughes Auctioneers, Ballinamore.
The Connacht Property Auction are now welcoming entries for their 45 day online auctions and upcoming public auction on 17 September and 19 November. With a large database of registered buyers and the impressive success rate, The Connacht Property Auction are confident of further successful auctions during 2015.
To discuss selling you property by auction or to arrange a free valuation, call the auction team on 091-882121 or visit their website www.connachtpropertyauction.ie