Demand for properties continues across Ireland

Online auction service Iamsold is expecting current high levels of demand for properties to continue throughout the summer months.

Last week Iamsold, which is used by over 300 auctioneers across the country, enjoyed a flurry of sales via the online binding bids platform, and is now taking entries for upcoming auction dates starting on 21 July.

Company director Patrick Folan said: “We are continuing to experience a busy marketplace with active buyers across all property types. We are also seeing an uplift on stock coming to market month on month which is welcomed after a period of low stock levels coming to the market. The Iamsold platform offers auctioneers and their clients the option of binding bids and we are seeing an increasing number of vendors opting for this route.”

Recent sales

Nicholas Cottage in Kinsale, a 2-bedroom stone-built detached cottage, was sold by James Murphy & Co. Kinsale. Due to its location, Nicholas Cottage offered would be buyers an ideal holiday home and attracted buyers from both Ireland and abroad. With a starting bid of €190,000, bidding came in swiftly and after several bids from a number of parties the property was sold for €275,000.

Another sale was Killamuck, Abbeyleix in Laois, a 2-bedroom, semi-detached property offered by Clement Herron Real Estate, Portlaoise. The recently restored property had strong interest from several buyers looking in the general area and was successfully sold to a new homeowner for €255,000.

In Ballina, Mayo, a well presented 4-bedroom detached house over-looking Lacken Bay was sold by Gerry Rowland Auctioneer, Ballina. The property had a starting bids price of €215,000 and successfully sold for €230,000.

While in Churchill, Donegal, Glen Estates, Letterkenny offered for sale a traditional, 1-bedroom, cottage. The property, which was recently renovated, enjoys country views and was offered at bids over €95,000. After a number of parties placed bids, the property was sold for €133,000.

Iamsold also had a number of successful sales in Northern Ireland too. One of the most popular properties was a 4-bedroom detached dwelling on Moss Road, Ballynahinch, Down.

The property received a number of bids before selling for £261,000 by Tim Martin Estate Agents, Down.

Iamsold is now taking entries for its upcoming online auctions on 21 July and 8 September.

For more information, phone 01-2440000 or visit iamsold.ie.