Smith Property to host second online auction
VALUE Lots ‘priced attractively to sell’ - auctioneer
A leading auctioneer in the county is looking forward to his second ever online auction. The sale, hosted by Smith Property, will take place on June 24.
Like many businesses, auctioneers have had to shift their business to an online platform during the pandemic. This auction will take place using a platform called ‘Offr’.
“We’re unique in Cavan as we are the only agents that conduct online auctions.
“It has been a success to date, and we hope that it will continue to be a success,” said managing director Raymond Smith.
He boasts a 100% sale success rate from his first auction, and Raymond also received much positive feedback on the sale from vendors and bidders alike.
Five properties are will go under the hammer this time around.
“There will be a mixture of residential and commercial properties,” he revealed.
They are on the market in a range of locations in Cavan including Cootehill, Ballinagh, Ballyjamesduff, Bailieborough and Scotstown in County Monaghan... “all the main towns in the county”, Raymond added.
He described one of the lots, a house in Cootehill, as a “doer upper property”, which is up for sale for €35k.
The asking price for a mid-terraced two-bedroom unit located in the town of Ballyjamesduff, meanwhile, is €70k.
A three-bedroom unit in Ballinagh is up for grabs for €75k.
For those looking for “a bit of peace and quiet” a four bed farmhouse is on the market in a tranquil setting for the €85k mark.
A development site is available for €100k coming with a partially developed five-unit site located on the Kingscourt road outside of Bailieborough.
“They’re all private sellers... These are all private individuals who are offering these assets.
“Hopefully they will all sell on the day but I think they will.”
Raymond remarked that all the properties are “priced attractively to sell” and situated in “good locations.”
“They offer great value for money,” he added.
He finds the auction process works for vendors and buyers.
“It is a very good method of sale, it’s a fast method,” Raymond stated that sales typically close within four weeks after the auction.
Raymond is encouraging “anyone who wants a bit of value” or “a project” to take part in the auction.
“There’s something for the DIY enthusiasts and the first-time buyer.
“There’s a bit in it for a lot of potential buyers.”
Raymond urged anybody looking to sell a property in the future to look no further than Smith Auctioneers, where they offer a free appraisal.
With offices located in Cavan Town and Ballyjamesduff, the team are most accessible.
Queries can also be submitted online at:
www.smithproperties.ie or on the firm’s Facebook and Instagram channels.