Lot 5523655, (2) 1 & 2 Abbey Street, Loughrea, Co. Galway, H62NX46

Sale Type: For Sale by Public Auction FOR SALE BY ONLINE AUCTION ON WEDNESDAY 24TH JANUARY, 2024 AT 12.00 NOON


Pre-Registration Required In Order to Bid ?By Phone or Online

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Ideal property investment in the bustling town of Loughrea. The property is being sold with tenants in situ and currently generates ?2,020 per calendar month, ?24,240 per annum.Located on Abbey Street which is a quite but well located within a 2 Minute walk to the centre of town. Abbey street has a mixture of residential, commercial and historical buildings. The most famous being the Abbey Its self, still in use as a monastery. GRETB - adult learning centre is located on this street.All amenities of Loughrea Town are a stones throw away; shops, pubs, restaurants, cafes, recreational facilities.Medical centres, primary and secondary schools, churches, supermarkets and Loughrea Lake are all close by. The properties are being presented in nice condition and have a good passing rent. This provides a simple transaction for a purchaser looking for an investment.3 bed semi & 2 bed semiAccommodations: 3 bed semi detached house. Extension to the rear laid out as 2 bed semi detached unit. Situated in the heart of Loughrea, just 40 kilometers from the vibrant city of Galway and conveniently accessible from the M6 motorway, this property offers the best of both worlds - the captivating ambiance of a market town and the allure of Galway city, Athenry, Ballinasloe, Athlone being just a short journey away.

?5,000 bidder security fee must be paid in advance in order to bid on the day (if unsuccessful this is fully refunded to you) If you are successful, you are immediately contracted on the drop of the hammer and the non-refundable balance of 10% must be paid immediately. A non -refundable technology charge of ?125 (including VAT) is applicable to all auctions. This is payable during the registration process. https://odj.ie/technology-charge/ This fee is processed as a separate transaction to the bidder security payment and deposit requirement.

Online bidding service available you must pre-register to bid prior to Auction Day - you can register on the Offr Tab on our Website.

Register for legals on our website under the Offr Tab on our website (please note all legals may not be available for download until closer to the auction date - once you have registered you will receive an alert when they do become available). We always advise potential purchasers to have their solicitor review legals prior to bidding.

NOTE: These particulars are not to be considered a formal offer. They are for information only and give a general idea of the property. They are not to be taken as forming any part of a resulting contract, nor to be relied upon as statements or representations of fact. Whilst every care is taken in their preparation, neither O?Donnellan & Joyce Auctioneers nor the vendor accept any liability as to their accuracy. Intending purchasers must satisfy themselves by personal inspection or otherwise as to the correctness of these particulars. No person in the employment of O?Donnellan & Joyce Auctioneers has any authority to make or give any representation or warranty whatever in relation to this property.



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