73 Cabra Park, Phibsborough, Dublin, D07WK02

Apartment Block Contract Deposit Applies
This auction has ended!
Sold at Public Auction
   
Final Bid:
€400,000.00
  • Overview
  • Particulars
  • Agent Details
  • Deposit & Charges Explained

Property Overview

FOR PUBLIC AUCTION ON MARCH 7th AT THE CLAYTON HOTEL, LIFFEY VALLEY, DUBLIN @ 7PM.

The Leinster Property Auction in partnership with Kelly Bradshaw Dalton

Offers at bids over €399,950

We are delighted to bring to the market this “Builders Dream” Residential Investment Property.

This is an ideal opportunity for any investor looking to place their own stamp on an investment of this nature.

It appears that works had commenced and were stopped mid cycle. At present the property is stripped back to its core and is ready for complete refurbishment. Being in need of total refurbishment means that the property is not restricted by current rental caps.

Planning permission (0894/02) was granted on 05th July 2002 to convert the then existing 7 x Bed Sitters into 3 one bedroom flats.

The rental potential for a property in this location, as a fully finished product, should return a min annual income of c.€54,000 PA.

The planning permission read:
Construction of rear two story extension to existing three storey dwelling currently in 7 no. flats, to include new windows to existing gable elevation, modification to internal lay-out to form 3 no. self contained 1 bedroom apartments at No. 73 Cabra Park, Dublin 7.

Cabra Park is located close to the heart of Phibsboro Village with the New Luas line within walking distance. These factors make this a potentially perfect residential investment.

Due to the nature and the condition of the subject property, viewings will be carried out by appointment.

Features
Multi Unit Investment Property
Refurbishment Opportunity to imput ones own stamp
Outside the rent Control Cap
Superb Location
Corner Site

Accommodation
Planning permission (0894/02) was granted on 05th July 2002 to convert the then existing 7 x Bed Sitters into 3 one bedroom flats.
The rental potential for a property in this location, as a fully finished product, should return a min annual income of c.€54,000 PA.

Driving Details
Driving into Phibsboro on the Navan Road, continue towards St. Peter's Church and at the church turn left on to St. Peter's Road. Take the 1st left into Cabra Park and take the next left. No 73 will be located on the right hand corner and marked clearly with an Auction Sign

TO VIEW OR MAKE A BID - Please contact Kelly Bradshaw Dalton +353 1 8040500 or www.leinsterpropertyauction.ie on 01 687 5040

Starting Bid and Reserve Price

*Please note all properties are subject to a starting bids price and an undisclosed reserve. Both the starting bid and reserve price may be subject to change. Terms and conditions apply to the auction, which is powered by IAM Sold Property Auctions.

Auctioneer's Comments

This property is offered for sale by unconditional auction. The successful bidder is required to pay a 10% deposit and contracts are signed immediately on acceptance of a bid. The buyer will be granted 28 days from the date of exchange to complete the purchase. Please note this property is subject to an undisclosed reserve price. Terms and conditions apply to this sale, which is operated by The Leinster Property Auction powered by IAM Sold.

Building Energy Rating (BERs)

Building Energy Ratings (BERs) give information on how to make your home more energy efficient and reduce your energy costs. All homes bought, sold or rented require an BER. BERs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your home could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All homes are measured using the same calculations, so you can compare the energy efficiency of different properties.

Property Particulars

Please contact us for more information about this property.

Kelly Bradshaw Dalton

Head Office: 165 Drumcondra Rd Lower, Dublin 9,

Deposit & Charges Explained

Online Auctions

A non-refundable contract deposit of 10% (minimum deposit of €6,500.00) is required to be paid by the successful bidder for this property.

The minimum deposit amount noted above is required to be pre-authorised from the bidders debit or credit card through the payment facilities on the auction website when registering to bid. A bidder has also the option of transferring the minimum deposit amount by bank transfer to IAM Sold client account to authorise them to bid on the Online Auction (please note, this option may take several days).

The pre-authorisation amount will only be captured from the successful bidder on acceptance of their bid. This will form part of the non-refundable part payment contract deposit.

Any balance of the full contract deposit must be paid by the successful bidder to IAM Sold within 48 hours of acceptance of their bid. The deposit balance can be paid by bank draft (made out to IAM Sold), same day bank transfer to IAM Sold client account or by debit card.

All unsuccessful bidders will have their pre-authorisations released immediately OR their bank transfer refunded within 5 working days of conclusion of an auction or withdrawal of the Lot from the Online Auction.

Bidders are required to pay a non-refundable €50.00 (including 23% VAT) registration fee per property they register to bid on.

Public Auction Event

A 10% non refundable contract deposit (minimum deposit of €6,500.00) is payable immediately on the fall of the hammer for a successful bid. The deposit must be paid in cleared funds either by Bank Draft (made out to IAM Sold) or by Debit Card.

Need More Information?

For further information or to speak to one of our team, please call 01 687 5040.

Disclaimer

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact, but must satisfy themselves by inspection, measurement or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. Properties may be sold via online auction or public auction and bids made prior to public auction may be accepted by the vendors. IAM Sold and our partner auctioneer will share relevant personal information and transactional updates with each other so that we can effectively market and sell properties including the arrangement of viewings and follow up.

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