85% Thursday 18th September. 25 lots available from 31,500

Transcription

1 Thursday 18th September Auction Brochure Galway Sligo Leitrim Roscommon Clare and more 25 lots available from 31,500 85% Sold at our last public auction Security of an undisclosed reserve price to guarantee peace of mind th 18 September from 6.30pm Find your ideal property 24/7 online bidding facility Thursday 18th September 2014 Menlo Park Hotel, galway register from 6.30pm Auction starts 7.00pm 1

2 Dear Bidders 2 We are delighted to welcome you to the Connacht Property Auction, taking place on the 18th September 2014 at the Menlo Park Hotel, Galway. So far this year, we have ran 2 very successful public auction events in Galway with a success rate of 88% sold ratio. The auction is a partnership of established estate agents from across Connacht and the neighbouring counties. We are continuously offering properties via our online auction website and also via our public auction events. This evening we are offering a fantastic selection of realistically priced properties by public auction. We hope that you are successful in securing the properties that are of interest to you and we will endeavour to make the buying process as smooth as possible. The Modern Method of Auction, making auction more accessible Our aim is to make auction more accessible to both the seller and the buyer. We therefore do not charge any entry or marketing fees to our auctions, making the auction easily accessible to the vendor. To assist buyers, we operate the Modern Method of Auction which allows longer time-frames for the purchase than Traditional auction. This means whether you re buying with cash or with a mortgage, we can help you find the perfect property. We also offer Traditional unconditional auction for properties where this method of sale is more appropriate. Some of the available lots may have had structural surveys carried out, which again makes the decision making process easier for the buyer. Most of the properties we offer for sale come with the benefit of a legal pack. This provides more information for buyers looking to purchase properties from the auction and provides more flexibility for those who wish to exchange sooner than the allotted 28 day time frames. Bid online 24/7 Visit to view our online auction properties. Our online auctions generally run for between days and interested parties can view the properties as normal. If an interested party would like to make a bid they can do so in person, over the phone or by registering on All bids are made visible on the online auction website. The online auction end time is automatically extended by 2 minutes for every bid placed in the last hour of the auction to ensure all interested parties have the chance to increase their bid if they wish to do so. The highest bid wins the auction providing the realistic undisclosed Reserve Price has been met or exceeded. In addition to the properties listed in this brochure we currently have over 150 realistically priced properties available to buy via our online auction. Don t forget to register interest early to avoid disappointment. We look forward to seeing you at our upcoming auctions. Regards Patrick Folan Patrick Convey Auction Director Sales Director

3 Before you find the home, we ll help you with the homework. Talk to our dedicated Mortgage Co-ordinators. Drop into any branch aib.ie Download your guide here Allied Irish Banks, p.l.c. is regulated by the Central Bank of Ireland. 3

4 Notes... Menlo Park Hotel, Galway Approaching from Dublin Coolagh Roundabout Coming off the new motorway, take the 2nd exit off the roundabout signposted Galway City West/ Sligo. 1st set of traffic lights (Lynch Junction at KFC ) Go straight through signposted Galway which will bring you on the N6 Dual Carriageway. 2nd set of traffic lights Go straight through. 3rd set of traffic lights (Font Junction on the Tuam Road) Go straight through Registration at 6.30pm Auction begins at 7.00pm Roundabout 2 Kirwan Roundabout The hotel is located on the far side of this roundabout, cream building. Take the 3rd exit and the hotel entrance is a few hundred yards on the right hand side. 4 Auction Day Procedure Before placing a bid we strongly advise that you carry out market research and due diligence on any property you are interested in bidding on. Make sure to review all necessary legal documents for the subject property. We recommend that before bidding you visually inspect the property internally and are completely happy with what s on offer. Registration You will require photographic I.D. and proof of address to obtain a bidding paddle to enable you to bid at a property auction. If you intend to bid please remember to bring with you your catalogue, debit/credit card or bankers draft for your deposit and the required identification. Please also bring the contact details of the solicitor you intend to use, or there may be a solicitor present. Timing The lots will be sold in order as catalogued. Allow approximately 3 minutes per lot as a guide. Therefore lot ten should be offered for sale at approximately 7.30pm. Bidding For Your Lot When the auctioneer announces your lot he will also bring to your attention any last minute items which you should be aware of. He will also read the full address of the property, so please double check before bidding that this is the lot that you are interested in. The current lot number is usually displayed with a photograph on screens at the front of the room. The auctioneer will invite bids at a particular level and you can make this bid by raising your paddle, hand or catalogue. If you wish to make a bid other than the auctioneer calls for, please shout out your bid and the auctioneer may or may not accept it. The property will be knocked down to the highest bidder but not until the auctioneer warns you by saying going, going, gone. Never delay until the last second with your bid you may lose it. Remember, there may be a lot of people in the room and unless your bid is clear the auctioneer may not see you.

5 On The Fall Of The Hammer If you are the successful bidder a member of the auction team will approach you and ask you to follow them to the sales room. You will then be asked to provide a deposit of 5% with a minimum of We will then prepare the acknowledgement of reservation form for you to sign using the details provided. Exchange will usually take place a maximum of 28 days later under the supervision of your solicitor. Please do not leave the auction room without paying your deposit and signing the reservation form. What If The Lot I Want Is Unsold? If a lot fails to reach its reserve in the room and you wish to buy it, ensure you register your highest bid with us before you leave the room. We will contact the vendor and ask them for their instructions and contact you if we think that a sale after the auction is negotiable. Alternatively call us in the office after the auction. Is my property suitable for Auction? Any type of property is suitable for sale by auction. Lots range from traditional residential properties from all price ranges, style and condition, new-build development, tenanted investments, agricultural land, development sites and all sectors of commercial property. Selling through auction is the preferred method of sale in the USA, Canada, and in main land Europe and is becoming more and more popular in Ireland due to the speed security and transparency it offers. traditional auction are generally cash based. Modern Method of Auction The Modern Method of Auction is different to traditional auction procedures in Ireland, in that it is conditional. This means that the sale is not legally binding once a bid is accepted. Once a bid is accepted the buyer is allowed a 28 day period of reservation in which to achieve exchange of contracts, at which point the sale becomes legally binding, (i.e. the buyer is bound to buy and the vendor is bound to sell). A further 28 day period is authorised to achieve completion of contracts, and at this point legal transfer of title takes place and keys and monies change hands. The Verdict Whilst the traditional auction is useful for disposing of investment stock to the investment market quickly and efficiently, the residential market requires more than this. The Modern Method of Auction offers the ability to maximise the level of interest from a broad range of buyers, in turn allowing for a fair market value to be achieved. The buyer and seller still benefit from the security of a non-refundable deposit and a fixed date to move and sell. Traditional Method of Auction This is an Unconditional Auction where on acceptance of an offer or on the fall of the hammer the buyer will pay up to a 10% deposit and exchange of contracts is immediate. Both parties are then legally bound to buy and sell. Traditional auctions are mainly used by the investment market for properties that attract significant interest from professional investors. The residential sector can find it harder to buy through a traditional auction because there is a limited amount of time to put finance in place, meaning purchases through a 5

6 Going, going... Reserve Price This is the minimum price that a seller is willing to accept for a subject property. This is a figure that the property will not be sold for less than. Reserve prices are not published; this is a private agreement between the vendor and the auctioneer. Booking Deposit Unless otherwise stated, each property is sold subject to a booking deposit of 5% to a minimum of 6,000. If you are interested in a particular lot please speak to a member of the team before you bid and clearly read the terms and conditions attached to the property. Please note that the minimum booking deposit of 6000 is held on a non-refundable basis. It is held as a deposit against the subject property until such time that exchange of contracts take place. If the sale falls through due to the vendor breaching the terms of the agreement the deposit becomes repayable to the buyer in full. 6 Glossary of Terms Addendum This document which is published on the day of the auction contains all of the corrections, changes and additions to the details within the catalogue. It is important that you read this document before bidding to see if there is anything significant listed against your lot. We will be compiling these amendments right up until the auction day. The most up to date copy is always available from our auction department. The Addendum forms part of the contract of sale. Exchange of Contracts Here, the buyer signs the contract for sale and sends it to the seller, who also signs it. This is the point at which both parties are legally obliged to complete the transaction. Completion of Contracts This is when the purchase becomes final. The purchase price is paid in full by the buyer s solicitor and received by the seller s solicitor. Completion can take place at the same time as the exchange of contracts (See before) but is usually a week or so later. The seller must move out of the property on this date and release the keys to the buyer, who may move into the property.

7 ...Gone! Special Conditions of Sale In addition to these general conditions applicable to each lot the vendor s solicitor may draft additional terms applicable to their individual lot these are the Special Conditions. These are not printed in the catalogue and are available for free from the auction department if applicable. They form part of the Contract of Sale. It is important that you satisfy all of your legal enquiries and are aware of all conditions (including any Addendum) before you bid at auction. These will normally only relate to the Traditional Method of Auction instructions. Pre-Auction Offers We anticipate that the lots in this catalogue will be offered, as advertised, on the day of sale. There may be circumstances where the acceptance of an offer prior to auction may be considered. Parties interested in particular lots are advised to register their interest with the auctioneers at the earliest opportunity. Building Energy Rating (BER) Building Energy Ratings contain information on your home s energy use and typical energy costs, with recommendations on how to reduce energy use and save money. Disclaimer Particulars within this catalogue are believed to be correct but their accuracy is not guaranteed. Prospective purchasers are advised to make their own enquiries of the appropriate authority. All measurements, areas and distances are approximate only. Potential purchasers are advised to check them. The Catalogue Details of the property and land to be sold are set out in this catalogue. All lots are sold subject to Special Conditions of Sale. It is important that prospective purchasers satisfy themselves as to the location, boundaries, condition and state of the lots before the auction. Plans, Maps and Photographs The plans, maps and photographs published in the catalogue are to aid identification of the property only. The plans are not to scale. Starting Bids Every property is advertised with a start bid, which is the recommended level at which the bidding should open. It must not be relied upon by potential buyers as a valuation, as in most cases the reserve is above this level. Insurance Unless indicated to the contrary, the seller will continue to be responsible for insuring the property until exchange. Viewing Due to the nature and condition of auction properties we highlight the potential risk that viewing such properties carries and advise all to proceed with caution and take necessary requirements to ensure their own safety whilst viewing any lot in this catalogue. Viewings are conducted entirely at your own risk, these properties are not owned or controlled by The Auction Department and we cannot be held liable for loss or injury caused while viewing or accessing any Lot. 7

8 Due to the nature of some auction properties, electricity may not be turned on therefore viewing times are restricted. Viewers will also have to bring their own lighting/ladders if wanting to inspect cupboards, cellars and roof spaces. The Legal Aspect The Legal Aspect of buying at auction is a contractual commitment. Before making an offer prior to auction or bidding at the auction it is advisable to consult a solicitor regarding the General and Special Conditions of Sale, the local authority search and other legal documentation. Ok, I think we ve explained pretty much everything. However if you re struggling with the concept, have a question or just want to confirm some details, don t hesitate to speak to a member of our auction team. They are approachable, friendly and able to offer honest and sensible advice. You can contact us by telephone, or alternatively visit our website call Pre Auction Offers If a property has been entered into a public auction room at one of our regional auctions, the online bidding facility is disabled. If you wish to place a pre-auction offer you will need to speak with a member of the auction team who will explain the process to you. The vendor can consider offers prior to the public auction, but this is at their discretion to do so. The Auctioneers or Vendors cannot be held responsible for costs incurred in respect of any lot which is withdrawn or sold prior to auction. Auction Pack Many of our lots will have an auction pack prepared which includes the legal documents prepared before the property is sold via auction. This gives the buyer a chance to view the legal aspects of the property before purchasing. The pack may include: draft sales contracts, property Information forms, fixture and fittings forms, official register copies, title plan, leasehold documents if applicable and auction terms and conditions. Once the property is sold, the pack will be forwarded to the solicitors involved to ensure a speedy exchange and completion. 8

9 Proof of Identification All successful bidders must provide proof of identity and address in order for us to comply with money laundering regulations. Original documents must be provided. Photocopies are not accepted. You must supply at least one document from each list to proceed with the sale. Booking Deposits Deposits will be accepted by one of the following methods: Personal Cheque, Company Cheque, Debit, Visa, Mastercard, Banker Draft NO CASH WILL BE ACCEPTED To Prove Identity Current signed passport Current full IE/EU Photo card driving licence* Current full IE Driving Licence* (old style)* (a provisional licence will not be accepted). To prove evidence of address Current full IE Driving Licence* (old style)* (a provisional licence will not be accepted.) A utility bill issued in the last three months, (not a mobile phone bill) Correspondence from an Irish Government Agency (valid for the current year) Bank, building society or credit union statement containing a current address The most recent original mortgage statement from an Irish/UK lender * Current full IE/EU driving license cannot be used to prove both ID and address. This document can only identify ID or address 9

10 ONLINE LOTS The Online Auction Our online auction is going from strength to strength with more and more vendors requesting to sell through the online auction method. Buyers benefit from the transparency offered and the ease of bidding which can be done in person, over the phone or online from the comfort of their own home. A selection of 12 lots can be seen below; to view more online auction properties please visit our respective partner agent websites or 1 Glynsk Holiday Cottages, Glynsk 12 Reilean, Roscam, Oranmore, Co. Galway Shanvaghera, Knock, Drummin, Mullagh, Co. Clare JI Starting Bid+ 122,000 3 Bedrooms Detached House BER: E1 Call Starting Bid+ 265,000 4 Bedrooms Detached House BER: B3 Call Starting Bid+ 99,000 4 Bedrooms Bungalow BER: D2 Call Starting Bid+ 108,000 3 Bedrooms Bungalow BER: D1 Call Newbridge, Ballinasloe, Co. Galway Main Street, Eyrecourt, Co. Galway Lanmore, Liscarney, Westport Corskeagh, Gurteen, Co. Galway Starting Bid+ 129,000 5 Bedrooms Bungalow BER: C1 Call Starting Bid+ 45,000 5 Bedrooms Town House BER: E2 Call Starting Bid+ 155,000 3 Bedrooms Bungalow BER: C1 Call Starting Bid+ 189,000 3 Bedrooms Bungalow BER: D1 Call Loyola Park, College Road, Galway Abbey, Claremorris Tawnaghbawn, Cashel, Co. Galway Killawalla, Westport, Co. Starting Bid+ 380,000 8 Bedrooms Bungalow BER: D2 Call Starting Bid+ 69,950 4 Bedrooms Bungalow BER: C1 Call Starting Bid+ 75,000 2 Bedrooms Cottage BER: G Call Starting Bid+ 155,000 5 Bedrooms Detached House BER: C1 Call

11 Advertise here! Benefit from a large distribution network across the region. Contact us today for further information ask 091 about auction Visit enquiries@iam-sold.ie or ask in branch for details 11

12 Lot List Lot Property Address Bramble Cottage, Brickens, Claremorris, Co. Tavanaghmore, Knockmore, Muckanagh, Carraroe, Galway Ballafada, Derrygimlagh, Ballyconneely, Co. Galway Drummindoo, Westport, Co. 110 An Cimin Mor, Knocknacarra, Co. Galway Ivy Cottage, Dooncastle, Westport, 62 Garbally Oaks, Ballinasloe, Co. Galway Carnakelly South, Athenry, Co. Galway 75 Oaklands, Carrick-on-Shannon, Leitrim Gloshpatrick, Murrisk, Westport, Co. Rinn, Aghamore, Kilkelly 3 Kilmore, Kilkelly, Co. Churchfield, Main St, Knock Drumgarve, Kilmeena, Westport, Co. 10 Radharc Na Greine, Westport, Co. Caherduff, Cong, Elements Guest House, Lisdoonvarna, Co. Clare Garrynabba, Claremorris, Co. Ballinvoy, Aughagower, Westport, Co. Claran, Headford, Co. Galway Distillery Road, Westport, 39 Westview, Cloonfad, Co. Roscommon Swallows Retreat, Coolmeen, Abbey 1 The Green, Balla, Co. Starting Bid Agent 42,000 Gerard Hanley 245,000 The Optimum Group 129,950 Spencer Auctions 149,000 Matt O Sullivan 149,000 O Malley Properties 215,000 Keane Mahoney Smith 175,000 O Malley Properties 90,000 Paddy Keane 196,000 Lyons & Bracket 62,500 Country Side 149,000 O Malley Properties 72,500 John Higgins 39,000 John Higgins 49,000 John Higgins 199,950 O Malley Properties 165,000 O Malley Properties 125,000 Emma Gill 199,950 Arthur & Lees 79,000 Gerard Hanley Auction 70,000 O Malley Properties 129,000 Emma Gill 290,000 O Malley Properties 31,500 John Higgins 95,000 Gerard Hanley Auction 53,500 DNG 12

13 Lot 1 Bramble Cottage Brickens Claremorris, Co. Starting Bid: 42,000 Previous List Price: new to market This 2 bedroom bungalow with the option for a possible third bedroom / office downstairs. The property is well located on the Claremorris -Ballyhaunis road and would make an ideal holiday home. Branch: Claremorris Bedrooms Bungalow Large Rear Garden Parking Lot 2 Tavanaghmore Knockmore, Starting Bid: 245,000 Previous List Price: new to market We are proud to offer for sale this spectacular 4 bed bungalow in picturesque Pontoon. Rarely would such an opportunity arise to purchase such a special property in a breathtaking location. Branch: Ballina Bedrooms Bungalow Spectacular Views BER - C3 Lot 3 Muckanagh Carraroe, Galway Galway Starting Bid: 129,950 Previous List Price: new to market This beautifully situated property has a great view to the coastline, in the ever charming area of Connemara. The property consists of a two storey house with 5 bedrooms. There is also in total 6.51 acres of land. Branch: Oughterard Bedrooms Detached House Access to Sea BER: D2 13

14 tcpa Success stories Start Bid ,000 Sold ,000 Bids Start Bid ,000 Sold ,000 Bids... 3 Lisduff, Ballindine, Four Bedrooms Excellent Family Home Landscaped Gardens Popular Location Cloosh, Kinvara, Galway Six Bedrooms Detached House Fully Furnished Eco Friendly House Start Bid... 17, 950 Sold... 51,500 Bids Start Bid...,.. 85,000 Sold ,000 Bids Lehanagh South, Cashel Three Bedrooms Traditional Cottage Front & Rear Gardens 0.32 acres Cappagh, Woodford, Galway Four Bedrooms Dormer Bungalow Scenic Location Garage 14

15 find your perfect property VIEW BID, BUY I T S N E V E R B E E N S O S I M P L E 29 lots 15

16 Lot 4 Ballafada Derrygimlagh Ballyconneely, Co. Galway Galway Starting Bid: 149,000 Previous List Price: new to market A 3 bedroom detached bungalow set on a large site of approximately 0.92 acres situated just a short stroll from the Coral Strand Beach (approximately 150 metres). Branch: Clifden Bedrooms Bungalow 0.92 Acres Land BER: G Lot 5 Drummindoo Westport, Co. Starting Bid: 149,000 Previous List Price: new to market This is a substantial 4 bedroom bungalow in close proximity to Westport town centre and all amenities. The property sits on a large site and would make an ideal family home. The property benefits from views of Nephinbeg from the rear of the property. Branch: Westport Bedrooms Bungalow Large Site BER: E1 Lot An Cimin Mor Knocknacarra, Co. Galway Galway Starting Bid: 215,000 Previous List Price: new to market This attractive 4 bedroom home enjoys an excellent position on site - not overlooked to the front and towards the end of a small cul de sac. It has a landscaped enclosed garden to rear which is sheltered from view by tree line. Branch: Prospect Hill Bedrooms Semi Detached House Rear Garden BER: C2 16

17 Lot 7 Ivy Cottage Dooncastle Westport, Starting Bid: 175,000 Previous List Price: new to market Exceptional 4 bedroom dormer bungalow built in 1996 in a rural setting within easy access of Westport (3 miles) and Castlebar (8 miles). This is a spacious property on a large 0.75 acre site. Branch: Westport Bedrooms Dormer Bungalow 0.75 Acre Site Good Condition Lot 8 62 Garbally Oaks Ballinasloe, Co. Galway Galway Starting Bid: 90,000 Previous List Price: new to market A maintenance free 4 bedroom semi-detached residence located in close proximity to Ballinasloe town centre, just off the Dublin/Galway N.6. A superb property finished to an amazingly high and exacting standard. Branch: Ballinasloe Bedrooms Semi Detached House Mature Lawns Lot 9 Carnakelly South Athenry, Co. Galway Galway Starting Bid: 196,000 Previous List Price: new to market Nicely finished and well maintained this 3 bedroom bungalow extends to C Sq metres of floor space & is sited on C.0.80 acres in the midst of rural tranquility. Branch: Athenry Bedrooms Bungalow 0.80 Acre Site BER: D1 17

18 Lot Oaklands Carrick-on-Shannon, Leitrim Leitrim Starting Bid: 62,500 Previous List Price: new to market We are delighted to present to the market this 4 bed detached corner property (1 en-suite) located in the Oaklands development of Carrick-on-Shannon. This property is situated in a prime location within walking distance to the town centre. Branch: Carrick-on-Shannon Bedrooms Detached House OFCH BER: D1 Lot 11 Gloshpatrick Murrisk Westport, Co. Starting Bid: 149,000 Previous List Price: new to market Exceptional 5 bed, 3 bath family home in desirable location overlooking Clew Bay. This large property would make an ideal family home and is built almost to roof level. Sitting on a large 1.75 acre site. Branch: Westport Under Construction 5 Bedrooms Ideal Family Home 1.75 Acre Site Lot 12 Rinn Aghamore Kilkelly Starting Bid: 72,500 Previous List Price: new to market This 2 bedroom property is situated in a quaint and secluded rural area standing on acres of agricultural land. Approximately 1 mile from the main Kilkelly/Kiltimagh Road (R375). Branch: Ballyhaunis Bedrooms Cottage Secluded Rural Area 18

19 Lot 13 No. 3 Kilmore Kilkelly, Co. Starting Bid: 39,000 Previous List Price: new to market New to the market is this spacious and well maintained 2 bedroom semi-detached bungalow situated within walking distance of all Kilkelly village amenities. This property benefits by oil fired central heating and PVC double glazed windows, Branch: Ballyhaunis Bedrooms Semi Detached Bungalow Excellent Location Front and Rear Gardens Lot 14 Churchfield Main St Knock Starting Bid: 49,000 Previous List Price: new to market This 3 bedroom cottage is ideally suited as a holiday home or prime development site with full planning permission situated adjacent to the Basilica in the centre of Knock. Planning permission for 3 residential apartments with commercial underneath. Branch: Ballyhaunis Bedrooms Cottage Full Planning Permission Prime Development Site Lot 15 Drumgarve Kilmeena Westport, Co. Starting Bid: 199,000 Previous List Price: new to market We are delighted to present to the market this 3 bed detached property sitting on a 1 acre site of mature, landscaped gardens. The property was originally a stone cottage built in the 1890's which has been extended recently to a very high standard. Branch: Westport Bedrooms Detached House 1 Acre Site BER: D1 19

20 Lot Radharc Na Greine Westport, Co. Starting Bid: 165,000 Previous List Price: new to market We are delighted to present to the market this 3 bed semidetached property. The property is located in the charming town of Westport which is situated beside the sea close to Croagh Patrick. Branch: Westport Bedrooms Semi Detached House Close to Amenities BER: C2 Lot 17 Caherduff, Cong Starting Bid: 125,000 Previous List Price: new to market Stunning property sitting on 0.6 acres site just minutes from Ashford Castle. This newly built four bedroom bungalow leaves you the opportunity to complete to your own taste. Cong is a village straddling the borders of County Galway and County. Branch: Ballinrobe Bedrooms Detached House 0.6 Acre Site Parking Lot 18 Elements Guest House Lisdoonvarna, Co. Clare Clare Starting Bid: 199,950 Previous List Price: new to market An outstanding 9 bedroom guesthouse, fully refurbished in 2013 to offer all modern amenities, all new furnishings and electrical equipment, direct dial phones, flat screen TV's etc. Branch: Ennis Bedrooms Detached Guesthouse Off Street Parking BER: C1 20

21 Lot 19 Garrynabba Claremorris, Co. Starting Bid: 79,000 Previous List Price: new to market We are delighted to present to the market this 4 bedroom detached house sitting on a large mature 1 acre site. The property is well located 1 mile in off the main Claremorris to Castlebar Road and only 2.5 miles from Claremorris town centre. Branch: Claremorris Bedrooms Detached House Large 1 Acre Site BER: F Lot 20 Ballinvoy Aughagower Westport, Co. Starting Bid: 70,000 Previous List Price: new to market We are delighted to present to the market this three bedroom semi-detached bungalow. The property has a floor area of C. 915 sq ft (85 sq. m) and sits on a 0.3 acre site consisting of a large landscaped garden. Branch: Westport Bedrooms Semi Detached House 0.3 Acre Site BER: G Lot 21 Claran Headford, Co. Galway Galway Starting Bid: 129,000 Previous List Price: new to market This 3 bedroom detached residence offers everything required for today's modern living in a beautiful countryside setting surrounded by a large garden on almost a one acre site. Branch: Ballinrobe Bedrooms Detached House Close to all Amenities Large 1 Acre Site 21

22 Lot 22 Distillery Road Westport, Starting Bid: 290,000 Previous List Price: new to market Property one is laid out as a substantial 4 bedroom house with unique features and finished to a very high standard. Property two is suitable for use as a 2 bedroom apartment with rental potential or as an office space with the relevant permissions. Branch: Westport Properties Front & Rear Gardens Town Centre Location Original Period Features Retained Lot Westview Cloonfad, Co. Roscommon Roscommon Starting Bid: 31,500 Previous List Price: new to market This well finished 3 bedroom semi-detached house sits within walking distance of Cloonfad Village. The property comes to the market in good condition and is situated just off the main Ballyhaunis to Cloonfad Road. Branch: Ballyhaunis Bedrooms Semi Detached House Close to Amenities Rear Garden Lot 24 Swallows Retreat Coolmeen Abbey Starting Bid: 95,000 Previous List Price: new to market Swallows Retreat is a lovely four bed detached country property, set amongst wonderful far reaching views to Croagh Patrick, Connemara and the Nephin Mountains. To the rear is a large decked area overlooking 0.7 of an acre with fabulous views beyond. Branch: Claremorris Bedrooms Detached House Double Garage BER: D1 22

23 Lot 25 1 The Green Balla, Co. Starting Bid: 53,500 Previous List Price: new to market This 3 bedroom semi-detached property, circa 82 Sq. Metres (883 Sq. Feet) in the heart of Balla, conveniently located within walking distance of the village and its amenities. Approx 15 mins drive from Castlebar and approx 12 mins drive to Claremorris. Branch: Castlebar Bedrooms Semi Detached House Garden Shed BER: D1 We are now taking entries for our online auctions and future public auction events Our next public auction will be on Tuesday 11th November Contact us today for a free no obligation valuation ask about auction Visit or ask in branch for details enquiries@iam-sold.ie 23

24 Registration Form for Proxy or Telephone Bidding Part Payment Deposit Bidding Method Proxy Telephone Date of Auction Lot Number Lot Address Maximum Bid (in words) I hereby authorise The Connacht Property Auction to bid on my behalf for the subject property listed above, be that by telephone, or by proxy. I confirm that I have read and understand the terms and conditions included in the auction catalogue. If you select the telephone as a method of bidding, and we are unable to contact you, the maximum of the proxy will be put forward on your behalf. Buyer s Details Full Name(s) Postal Address Telephone (for bids) Buying Position - Please State CASH or MORTGAGE: Date of Birth: Solicitor s Details (if appointed)/ if not please tick the box for a quote Company Name(s): Solicitor: Postal Address Telephone Buyer s Signature A Booking Deposit of 5% with a minimum of 6000 is payable on all properties. This is a part payment deposit that will be deducted from the final negotiated selling price, a further 5% is payable on exchange with the balance payable upon completion. The minimum deposit of 6000 is received on a non-refundable basis and is held as a reservation for the subject property and will be forfeited if formal contracts are not exchanged within 28 days as detailed in the Terms and Conditions. If the sale falls through due to the vendor breaching the Terms and Conditions the deposit becomes repayable to the buyer in full. If a building survey has been produced and provided for the property, the buyer(s) shall pay an additional cost of 300 including VAT. The buyers declare that the information and conditions held within the auction catalogue are understood and accepted. A 2.2% surcharge applies for credit card transactions taken as payments. I authorise a payment for the part payment deposit to be taken from my bank account listed below: Name on Card Card Type Card Number Security Number Valid From Expiry Date 24

25 sign up to The Connacht Property Auction If you would like to sign up to our catalogue subscription service, please fill out the form below and return to: The Auction Department, Level One, Liosbaun Retail Centre, Galway or to register your interest. Name Telephone Telephone or Proxy Bidding Terms & Conditions 1. A prospective buyer wishing to make a telephone or proxy bid (a Bidder ) must complete, sign and date the form within this catalogue. Separate forms must be completed for each lot on which a bid is to be placed. 2. The form must be delivered to The Auction Department, Level One, Liosbaun Retail Centre, Galway at least 24 hours prior to the start of the Auction. 3. In the case of a telephone bid a member of the Auctioneers staff will attempt to contact the Bidder by telephone before the lot in question is offered for sale. If contact is made the Bidder may compete in the bidding through the Auctioneers staff. However if telephone contact cannot be made or the connection is lost the Bidder hereby authorises the Auctioneers and their staff to bid on their behalf up to the maximum authorised bid for the lot in question. 4. If the Bidder is successful the Bidder hereby authorises the Auctioneers to sign the Memorandum of Agreement on their behalf. 5. If the Bidder wishes to withdraw or alter his instructions or to attend the Auction to bid, it is their responsibility to notify the Auctioneers in writing before the Auction. 6. The Auctioneers shall not be liable for any failure to bid due to inadequate or unclear instructions being received or for any other reason. The Auctioneers have absolute discretion as to whether or not and in what manner to bid. 7. The Bidder is deemed to have full knowledge of the General and Special Conditions of Sale and the Notice to All Prospective Buyers herein. The Bidder is also deemed to have full knowledge of any addendum produced by the Auctioneers at or prior to the Auction. The Bidder is therefore advised to check whether any relevant addendum has or will be produced but the Auctioneers will not be liable to the Bidder if he fails to so check. Booking Deposit Terms & Conditions On the Auctioneer receiving an acceptable bid or when an offer is accepted pre or post auction, the following terms and conditions apply: 1. The Buyer and Seller agree to use their best endeavours to proceed to a formal exchange of legal contracts within 28 days. The time limit will expire at hours on the 28th following the date that the buyers solicitor is in receipt of the draft contracts. 2. A Booking Deposit of 5% subject to a minimum of 6,000 must be paid by the Buyer immediately following the conclusion of the auction or acceptance of an offer. The minimum amount of 6000 is paid on a non- 25

26 refundable basis and secures the property for the purchaser. 3.The Seller agrees as follows. (i) To immediately instruct Solicitors to issue the Contract for Sale and accompanying papers to the Buyer s Solicitors and to answer promptly all enquiries raised, respond promptly to any amendments to the Contract for Sale and to do all other work reasonably required to enable Contracts for the sale to be exchanged within the 28 day period. (ii) To supply the Seller s Solicitors with all documentation, information and authority to enable the Seller s Solicitors to draft and negotiate the Contract for Sale and do all the work necessary to enable Contacts to be exchanged within the 28 day period. (iii) To give access to the Property as may reasonably be required by any surveyor or valuer appointed by the Buyer or the Mortgagee for the purpose of surveying and/or valuing the Property. (iv) Not to send, instruct or allow anyone else to send any Sale Contract or details of the title of the Property to anyone other than the Buyer s Solicitors. (v) Not to give access to any other person to view the Property nor to negotiate or agree with anyone other than the Buyer any terms for sale of the Property. 4. The Buyer undertakes within two days following the auction or acceptance of the offer. (i) If the Buyer shall require a mortgage loan in connection with the purchase of the Property, he or she shall apply to such building society, bank or other prospective lender ( the Mortgagee ) as may reasonably be expected to lend the required loan to the Buyer and the Buyer shall complete such application forms and pay such fees as the Mortgagee shall require in order to process the Buyer s application as soon as possible. (ii) If the Buyer or Mortgagee shall require the Property to be surveyed and/or valued, the Buyer will use all reasonable endeavours to arrange for the survey and/or valuation inspection to take place as soon as reasonably practicable. (iii) To instruct Solicitors to investigate title to the 26 property, negotiate the draft Contract for Sale, raise enquiries of the Seller and any third parties about the Property and do any other work required to enable Contracts to be exchanged within the 28 day period. 5. It is hereby agreed between the parties as follows: (i) The Seller has entered into the Agreement because the Buyer has given certain commitments as herein mentioned, if the Buyer fails to comply with them strictly in accordance with the timetable this Agreement shall immediately lapse. (ii) If the Buyer decides not to proceed with the transaction as negotiated he or she shall immediately inform the Seller whereupon this Agreement will lapse. In this event, the minimum Booking Desposit of 6000 is deemed nonrefundable. (iii) If the Seller decides not to proceed with the transaction as negotiated, he or she shall immediately inform the Buyer whereupon this Agreement will lapse and any Deposit or survey fee paid by the Buyer to the Auctioneer will be reimbursed to the Buyer. A penalty payment will be required to be paid by the Seller under this circumstance. (iv) This Agreement is an independent Contract and does not bind the Seller or the Buyer to the transaction. (v) The Seller and the Buyer are entering into this Agreement in good faith and relying on its terms. 6. It is hereby agreed between the parties as follows: (i) If a survey has been carried out prior to the auction, the buyer shall pay in addition to the purchase price, the cost of the survey of 300 including vat. The buyer agrees to make payment for the survey with the Booking Deposit at the point of agreeing the purchase of the subject property. If you should need any more information or have any questions about our terms & conditions please contact us by telephone, or alternatively visit our website www. connachtpropertyauction.ie

27 home sweet home A wide range of properties are available on our website. Bidding is easy from the comfort of your own home - online, by phone or in person. Ask about auction ask 091 about auction Visit enquiries@iam-sold.ie or ask in branch for details 27

28 Proudly in Partnership with: Westport Oughterard Kilrush Castlebar JI Galway City Kilcogan Ballyhaunis Ennis Loughrea Clifden Sligo Claremorris Athenry Swinford Ballina Ballinamore Tuam Bodyke Ballinasloe Boyle Ballinrobe Banagher Carrick-on-Shannon Ask me for help New Agents Welcome No Entry Fees The Auction Department Level One, Liosbaun Retail Centre, Galway iam-sold are an auction management service provider offering bespoke white label auction services to Estate Agents across Ireland, visit our website for further 28 information iam-sold.ie Powered by