Six Cavan properties available by online auction
SMITH Property with offices in Ballyjamesduff, Bailieborough and Cavan Town, is hosting an online auction later this month when six distinctly different properties in Cavan will be brought to sale.
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A traditional cottage for sale in Stradone may be eligible for refurbishment and energy grants.Image 2 of 6
This half an acre of land near Lavagh is for sale by online auction on October 29.Image 3 of 6
Business start-ups, or those looking to extend their business can purchase this mixed-use commercial property and residence at Tullyvin.Image 4 of 6
This circa 31-acre holding close to the N3 enjoys easy access to Cavan Town, Belturbet, Killeshandra and the village of Butlersbridge.Image 5 of 6
An apartment at Belturbet comes with a balcony overlooking the local golf course.Image 6 of 6
This impressive two-storey home in a residential area of Redhills is ready for new owners to put their own stamp on it.LAND AT LAVAGH
Situated in a desirable rural location just off the R194, convenient to Kilnaleck, Ballyheelan, Ballyjamesduff, Oldcastle and Granard, the first property at the auction is a half-acre of land which will be ‘sold as seen’.
The 0.23 hectare site at Lavagh, Kilnaleck has a guide price of €10,000.
Proprietor of Smith Property, Raymond Smith, suggests this site would be “suitable for a grower looking for an allotment plot”.
FIXER UPPER
Anyone seeking a ruinous building to turn into a permanent home or rental property may be interested in an old derelict house in Tirlahode Upper in Stradone, which is included in the auction on October 29.
Under the Government’s Craoí Cónaithe initiative, homeowners can avail of up to €70,000 in grant aid to refurbish derelict properties.
The traditional cottage for sale at Smith’s online auction is situated on an elevated rural site conveniently located just off the Bailieborough/Cavan Road, approximately six kilometres from the Lavey Inn. It’s 0.27 acre site provides extensive countryside views.
Smith Property advises potential purchasers to independently confirm their eligbility for Craoí Cónaithe and that “other refurbishment and energy upgrade supports may also be available”.
COMMERCIAL PROPERTY
Business owners and start-ups can view a unique opportunity to purchase a mixed-use commercial property and residence at Corgreagh, Tullyvin.
The substantial two-storey commercial building together with a detached three-bedroom bungalow residence is being offered for sale as one entire lot.
Occupying a spacious site with ample parking, the commercial property offers an excellent opportunity for an owner-occupier, expanding business or investor seeking adaptable commercial accommodation with the added benefit of an adjoining residence.
The dwelling house would benefit from enhancement and modernisation but offers considerable potential as an owner’s residence, staff accommodation or separate rental property.
FARMLAND
Also for sale in the online auction is circa 31 acres of agricultural land at Butlersbridge.
Sold in one lot, the land is in one block with good road frontage, in the desirable Butlersbridge/Bakersbridge locality.
According to the Smith Property website, the lands “require remedial and improvement works to bring them to a good agricultural standard”, offering purchasers an opportunity to enhance this well-positioned holding.
Conveniently located close to the N3, the holding enjoys easy access to Cavan Town, Belturbet, Killeshandra and the village of Butlersbridge.
Raymond Smith says the land presents an “attractive opportunity” for adjoining landowners, farmers seeking to expand their acreage, or purchasers seeking an agricultural holding in an accessible location.
APARTMENT
A “pristine” two-bedroom apartment overlooking Belturbet Golf Club will also feature in the online auction at the end of this month.
Complete with a balcony, which provides an inviting outdoor space to relax, the 837 sq ft apartment is in excellent condition throughout.
This property will appeal to a range of purchasers including first-time buyers, investors and those seeking to downsize to a more manageable home.
Raymond Smith informs investors that with an estimated potential rental income of €1,050 per month, that equates to €12,600 gross income per year before management charges, maintenance, vacancy periods and other outgoings.
UNFINISHED NEW-BUILD
The final property included in Smith’s online auction is an impressive detached residence situated on a large and prominent site in the residential area of Redhills.
The property is currently unfinished and requires full completion of internal and external works, including the provision and connection of essential utilities and services such as water, wastewater treatment, electricity and broadband.
The property has the potential to become a superb family home in a peaceful yet convenient location. The spacious site offers excellent privacy and ample outdoor space while enjoying a prominent position close to the village and local amenities.
ONLINE
Anyone who wishes to view any of these properties ahead of the October 29 onine auction should visit the Smith Property website at www.smithproperty.ie under ‘Upcoming Auctions’.
Raymond Smith told the Celt that anyone who wishes to arrange a viewing of any of the property can do so by calling any of the Smith Property offices in Cavan Town, Ballyjamesduff and Bailieborough.
BIDDER INFO
Intending bidders must pre-register through the Offr widget on the subject property listing here at least 24 hours before the auction.
Registration deadline: Wednesday, October 28 at 3pm, or 24 hours before the scheduled auction time, whichever is earlier.
All registration requirements and advance payments must be completed within the required timeframe.