Three 2-bed apts in Tubbercurry for auction, reserve is 25k

Geuze

At the next Allsop property auctions, one of the lots is three 2-bed apts in The Fairways, Tubbercurry.

The reserve is 25k, or 8,333 per apt.

http://www.auction.co.uk/irish/LotDetails.asp?A=804&MP=24&ID=804000029&S=L&O=A

At the reserve price, these seem to be the cheapest homes in Ireland???

What are rents like in Tubbercurry?

I wonder will these go for more than the reserve?

Might they make 30k, i.e. 10k per apartment?

If they just make the reserve, that would have strong negative implications for other apartment prices.

promethius

jaysus i remember seeing one going for €70k and thinking how things had plumetted since the bubble, 8k per unit, is that really right?

Buford T Justice

Leasehold.

Geuze

Buford T Justice wrote: »

Leasehold.

Note that all apartments are typically long term leasehold. The mgt company owns the freehold.

Geuze

http://www.auction.co.uk/irish/LotDetails.asp?A=804&MP=24&ID=804000029&S=L&O=A

Withdrawn prior to auction.


Chance to become a mini property tycoon for 30k is gone......

Radharc na Sleibhte

Thats about all theyre worth.
I love it in Tubbercurry, but an apartment, in the fairways? No thanks.

Jayop

The fairways is a lovely estate!