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Email: info@pmcrealestate.ie| Phone: 071 967 8527| PSRA: 004587
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Sold Auction Residential Investment

18, 24, 25, 26 & 27 Acres Avenue, Acres Cove, Drumshanbo, Co. Leitrim, N41 C798

Sold For: €1,012,000

  • 15 Bed

  • 15 Bath

  • Description
  • Map View
Property Summary

  • Online Auction Date: 13th March 2025.
  • Multi unit investment.
  • Comprising 5 x three bedroom terrace houses, 20 marina berths & 5 x base slabs.
  • Together with a parcel of development lands extending to approximately 1.1 acres (subject to obtaining all necessary planning consents).
  • All located within Acres Cove development.
  • Situated on the outskirts of Drumshanbo town close to all amenities.
  • Ranging in size from approximately 106 sq. m (1,140 sq. ft) to 111 sq. m (1,194 sq. ft).
  • Vacant possession of numbers 18, 25 & 27.
  • *24 & 26 are occupied on terms unknown and we are advised no rent is being received.

Property Description

PMC Real Estate are delighted to offer for sale this multi-unit investment opportunity. The property comprises 5 x three bedroom terrace houses, 20 marina berths and 5 x base concrete slabs. The houses range in size from approximately 106 sq. m (1,140 sq. ft) to 111 sq. m (1,194 sq. ft). All 5 x terrace houses are of similar size and layout. Internally they comprise an entrance hall, living room with feature fireplace, kitchen/dinning area, utility room and downstairs WC. At first floor level the properties consist of landing area, three bedrooms (master bedroom en-suite) and family bathroom. The properties benefit from off street parking to the front and gardens to the rear. The property also comprises a parcel of development lands extending to approximately 0.44 hectares (1.1 acres). This offers the potential for further residential development (subject to obtaining all necessary planning consents). Acres Cove is situated approximately 1km south of Drumshanbo town centre and is surrounded by a host of amenities including Lough Allen Sailing Club & Shannon Blueway together with a large selection of sports clubs, shops, restaurants and bars.

Accommodation
  • No. 18 - Three bedroom mid terrace house - Vacant - 106 sq. m (1,140 sq. ft)
  • No. 24 - Three bedroom end of terrace house - Occupied - 108 sq. m (1,162 sq. ft)
  • No. 25 - Three bedroom mid terrace house - Vacant - 111 sq. m (1,194 sq. ft)
  • No. 26 - Three bedroom mid terrace house - Occupied - 110 sq. m (1,184 sq. ft)
  • No. 27 - Three bedroom end of terrace house - Vacant - 107 sq. m (1,151 sq. ft)


*Please note 24 & 26 are occupied under terms unknown and we have been informed by the vendor that no rent is being received.

Additional Details

For further information regarding the auction process, registering to bid and viewing the property please contact Patrick McCormack on 086-4634687

Vendors Solicitor
Fiona Harrington
fharrington@sor.ie
353 (0)1 663 2000


Please ensure that you have registered and paid your Bidder Security via bank transfer in good time before the auction so that we can ensure you are approved to bid.


Important: We do not accept Same Day / Urgent payments.


Payments must be standard SEPA payments. If you are making a payment from outside Europe (e.g. SWIFT payment), please contact us in advance.

VAT
Please refer to the legal documents
BER Rating
B3-C1
BER Identification Number
Available on request from PMC Real Estate
Energy Performance Indicator
147.74 kWh/m²/yr - 169.26 kWh/m²/yr

Property Agent

Patrick McCormack

Patrick McCormack

Email: patrick@pmcrealestate.ie
Mobile: +353 86 4634687
Landline: 071 967 8527

Send us a message


Nearby Amenities

  • Shops

  • Restaurants

  • Gym

  • Hospital

Disclaimer
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. In addition, any information, statement, description, photographs, quantity or measurement given or contained in any sales particulars, webpage, brochure, email, letter, report or hand out issued by or on behalf of PMC Real Estate or the vendor are for illustration purposes only. Furthermore, PMC Real Estate or the vendor will not be held liable for any inaccuracies, mistake, omission or mis-description given orally or contained in any sales particulars, webpage, brochure, email, letter, report or hand out issued. All prospective purchasers must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information contained in any sales particulars issued by or on behalf of PMC Real Estate or the vendor. For the avoidance of doubt, this brochure and any related marketing materials will not form part of any Contract for Sale. In the event that the subject property is listed for sale via auction, then the sale is as scheduled unless sold prior or otherwise withdrawn. The scheduled auction date and time may be subject to change. Auction guide prices are set as an indication of where the reserve is set, the reserve price is the minimum price at which the property can be sold at the auction. The reserve may be set separately to the guide price, both the reserve price and guide price are subject to change.

PSRA Licence Number: 004587