The Pilgrims Rest Hotel is a Georgian hotel in Waterford.

Virtual hammer to fall on 13 October

Online auction platform iamsold is holding their next online auction on 13 October and the firm intend to offer a wide selection of properties on the day.

whose online auction & bidding platform is used by over 300 auctioneers across Ireland, Company Director Patrick Convey commented: “Our next online auction date will have something for everybody including residential homes, commercial properties, renovation projects and sites. We would ask buyers interested in any of the lots, to contact the auction team at the earliest opportunity, as some vendors do decide to accept pre auction bids ahead of the scheduled auction day.

“Once a buyer has logged their interest with the auction team, they will be kept fully informed of the status of their property of interest. It is also important for us to highlight that we deal and sell to a high percentage of mortgage buyers and our auction team are on hand to talk interested parties through the process to enable them to bid on suitable properties.”

Mr Convey went on to say “we are continuously listing for our monthly online auctions, and we ask vendors thinking of selling before the end of the year to give us a call for a free appraisal. The main benefits of our auction platform are our no sale, no fee policy and all properties are including in an extensive marketing campaign.”

He added: “We work closely with over 300 local auctioneers nationwide giving the property truly local and broader coverage. As our sales are under auction terms, buyers review legal documents prior to bidding and pay the non-refundable deposit once they are happy with the legal pack. This allows us to have less than a 1% fall through rate and much faster timeframes for the sale to complete. Our success rate is continuously in excess of 90%, meaning most properties we list to market will be sold successfully.”

Below is a selection of properties currently listed for sale:

63 Connolly Street, Fermoy

This is offered at bids over €130,000 and for sale by Lorraine Spillane Auctioneers, Fermoy.

Set in the heart of Fermoy town, this mixed-use property offers the combination of a 2 bed apartment, split over 2 floors and a commercial unit on the ground floor. The commercial unit boasts of 25 square meters inclusive of 2 rooms, storage area and WC and is enhanced by the fact that it faces onto the main road.

100 Main Street, Mallow

This retail unit is offered at bids over €80,000 in partnership with Liam Mullins Auctioneers, Mallow. It is well located on the main street of Mallow Town. The unit measures 460 sq. ft and is suitable for a variety of retail uses. The unit has large display windows to the front of the property.

The Pilgrims Rest Hotel, Feddaun, Mount Melleray, Waterford

Offered at bids over €700,000 in partnership with Radley Auctioneers, this beautiful Georgian country house has been transformed into a magnificent, 10 bed boutique hotel over 1.35 acres. Adjacent to the main property is a well-appointed guest/staff house with a large courtyard and side garden. The current owners undertook extensive renovations and the property is trading and is fully certified to operate hotel.

iamsold are now taking entries for their upcoming online auctions on 13 October, 17 November and 15 December.

For more on the iamsold bidding platform or to discuss selling your property by auction, call the iamsold team on 01-2440000 or visit their website