Receiver sale of eight houses in Arvagh

An unusual investment opportunity has come to the market on the instructions of the receiver John O'Connell ACA of Stephens Cooke And Co., who has instructed selling agent Declan Woods of Declan Woods Auctioneers And Estate Agents to find a single buyer for eight properties in a housing development in Arvagh. There are five detached houses with garages as well as three three-bedroom semi-detached homes in Bruce Manor, Arvagh, for sale as one package. It is quite an unusual, according to Mr. Woods. "This represents an investment opportunity for someone to acquire eight houses with good sales or rental potential," says the selling agent. "They're not going to realise the maximum return with a single buyer," he says adding that his client is opting for the increased speed and simplicity of one conveyancing process rather than eight separate ones. The detached houses extend to circa 1,600 square feet, while the semi-detached measure approximately 1,200 square feet. Each property is finished to semi-turnkey and they have kitchens and fireplaces already fitted. In terms of price, Mr. Woods says: "My instructions are to sell in one lot and this is reflected in the expectations of my client". • Contact Declan Woods Auctioneers And Estate Agents, Unit 4, The Plaza, College Street, Cavan at 049-4380038 or 086-8199911.