Cottage with outbuildings sells for €152,000 at auction


The property sold for roughly double its price guide.

Cottage with outbuildings sells for €152,000 at auction

  • ADDED
  • 1 mth ago

The property sold for roughly double its price guide.

A “well-located” 2/3-bed cottage with outbuildings on a circa 1-acre elevated site roughly doubled its guide price when it went for auction on Friday (August 7th).

The sale of the property at Clonamona, Craanford, Gorey, Co. Wexford, as featured on That’s Farming in recent weeks, was handled by Quinn Property.

The auction at its Gorey office attracted 10 people, with all attendees having to pre-register due to Covid-19 protocols.

The property on offer consisted of a cottage, constructed in 1940 (in need of upgrading), as well of a range of outbuildings and equestrian facilities on a c.1-acre site.

The property benefits from a convenient location along the Carnew – Gorey road.

The holding was guided at €70,000 – €80,000 in advance of the auction and it attracted good levels of interest and viewings, according to David Quinn.

Auction

On the day of the auction, bidding opened at €50,000 and following activity from four parties reached €110,000, which led to the property being declared on the market.

Following this, a new bidder entered the fray, while another dropped out. Ultimately, the hammer fell at €152,000 to a local solicitor acting in trust, Quinn added.

“This represented a fantastic result for the vendor, with the price achieved roughly double the guide price.”

‘A flyer’

When asked for comment after the sale, auctioneer, David Quinn, simply described the auction as “a flyer”.

He then elaborated, remarking that “the local property market remains strong, especially in lower price brackets”.

Image source: Quinn Property

Similar Articles

Comments


Most popular

The Marts Forecast
The Marts Forecast
Click to View Weekly Mart Schedules
SELECT LIVESTOCK

Cattle Marts Scheduled Nationwide

Monday

  • Birr
  • Carrigallen
  • Granard
  • Elphin
  • Inishowen
  • Manorhamilton
  • Stranolar
  • Tuam

Tuesday

  • Ballina
  • Ballyjamesduff
  • Drumshambo
  • Ennis
  • Enniscorthy
  • Fermoy
  • Nenagh

Wednesday

  • Athenry
  • Ballinrobe
  • Elphin
  • Granard
  • Kilrush
  • Nenagh

Thursday

  • Ballymote
  • Birr
  • Castlerea
  • Drumshambo
  • Ennis
  • Kilkenny
  • Raphoe

Friday

  • Donegal
  • Gort
  • Kilfenora
  • Roscommon
  • Roscrea
  • Tullow

Saturday

  • Balla
  • Carnew
  • Carrigallen
  • Dowra
  • Loughrea
  • Maam Cross
  • Mohill
  • New Ross
  • Scariff
  • Tullow

Sheep Marts Scheduled Nationwide

Monday

  • Ballyjamesduff
  • Carrigallen
  • Elphin
  • Fermoy
  • Kilkenny
  • Raphoe

Tuesday

  • Athenry
  • Ballina
  • Donegal
  • Ennis
  • Inishowen
  • Tuam
  • Tullow

Wednesday

  • Ballinrobe
  • Enniscorthy
  • Gort
  • Manorhamilton
  • Roscommon
  • Roscrea
  • Stranorlar

Thursday

  • Ballymote
  • Carnew
  • Loughrea

Friday

  • Dowra

Saturday

  • New Ross
  • Maam Cross

Dairy Marts Scheduled Nationwide

Monday

  • Kilkenny

Tuesday

Wednesday

  • Enniscorthy (2nd Wednesday Of Month)

Thursday

Friday

  • Fermoy

Saturday

Calf Marts Scheduled Nationwide

Monday

Tuesday

  • Kilkenny

Wednesday

  • Enniscorthy

Thursday

Friday

Saturday