Property Overview

For sale by Franklins Estate Agency via the iamsold Bidding Platform 

Please note this property will be offered by online auction (unless sold prior). For auction date and time please visit iamsold.ie. Vendors may decide to accept pre-auction bids so please register your interest with us to avoid disappointment.

Derelict Residential Property with Apartment - A Classic Fixer-Upper with Significant Grant Potential

Highlights:

2-bed house plus 1-bed self-contained apartment
Full first floor suitable for conversion (subject to planning)
Complete renovation required
Strong grant potential (subject to approval)
Oil-fired central heating
Main water / Mains sewage
Power disconnected
Not tested for defective concrete blocks
Sold as seen

This roadside bungalow at Slavery, just 1.5 miles from Buncrana town centre, presents an excellent opportunity for cash buyers, investors, or owner-occupiers seeking a full renovation project. Constructed in 1994 and vacant since 2004, the property qualifies as a derelict / vacant home and may be eligible for the Vacant Property Refurbishment Grant and SEAI grants, offering potential funding of up to €100,000 (subject to application, eligibility, and compliance). This makes it an attractive prospect for those intending to occupy the property or rent it long-term.

The property is being sold as seen and has not been tested for defective concrete blocks. As such, it is best suited to cash buyers.

The accommodation is arranged as follows:

Main Residence;

Hardwood fully glazed front door with glazed side panel to;
Entrance Hallway
5.36m x 5.87m
pine laminate flooring, hot press, loft access, door to;
Living Room
3.58m x 4.78m
tiled fireplace with open fire, pine timber flooring, door to;
Kitchen / Dinette
3.81m x 7.12m
plumbed & ready for full kitchen fit-out, tiled flooring, door to;
Rear Hallway
Barclay`s hardwood door to exterior, door to;
Utility Room
2.81m x 1.63m
tiled flooring, plumbed for washing machine & wired for tumble dryer
WC
plumbed for toilet & wash hand basin
Bedroom 1
3.27m x 3.61m (front)
laminated timber flooring, door to;
En Suite
2.08m x 1.03m
white two-piece suite with separate fully tiled shower enclosure, tiled splashback to wash hand basin, tiled flooring
Bedroom 2
3.80m x 3.06m (rear) laminated timber flooring
Family Bathroom
2.61m x 1.95m
plumbed & ready for fit-out
First Floor
Large attic space suitable for conversion into additional accommodation, subject to planning permission

Self-Contained Apartment:

Fully glazed PVC door into
Kitchenette
3.08m x 2.46m
oak wall & base units, tiled splashback, stainless steel sink, electric oven with extractor hood, tiled floor, door to;
Inner Hallway
1.01m x 4.03m
painted flooring
Living Room
4.22m x 4.81m
painted flooring, red brick fireplace with open fire, hot press
Bedroom
3.07m x 3.08m
floor-to-ceiling built-in wardrobes, pine timber flooring, TV point
Shower Room
1.90m x 1.64m
white two-piece suite with a separate fully tiled shower enclosure, tiled floor, Groflex wall panels

Outside:

Extending to approximately 0.3 acres, the grounds are largely uncultivated at present & somewhat overgrown, however they offer excellent potential to be landscaped into a substantial lawn or garden area. The property also benefits from extensive road frontage, adding further appeal and potential.
Shed 1; 3.09m x 2.63m
Shed 2; 3.09m x 2.63m

Directions:

County Donegal`s second most populous town of Buncrana (pop. 6,971) is perched on the eastern shores of the glacial fjord of Lough Swilly and is the gateway to the wild and spectacular Inishowen peninsula. This historic town, nestled between mountains and sea on the Wild Atlantic Way boasts an excellent range of shops, restaurants, bars, cultural activities and annual festivals. With easy and regular bus connectivity, it is an ideal remote working location or commuter town to the employment hubs of Derry (26km) and Letterkenny (42 km).

Buncrana is home to three primary and three post primary schools including one through the medium of Irish.

There are few spots in Ireland more ideally situated to indulge in outdoor activities with some of Donegal`s most beautiful beaches, golf courses and coastal and hill walks right on your doorstep. The jewel in the crown is Lisfannon Blue Flag Beach with an impressive 5km of golden sand. A walk along the shoreline passes the ruins of the 14th century O`Doherty`s Keep Norman Castle, the impressive 18th century Buncrana Castle and the picturesque six arched bridge across the river Crana. The shoreline trail weaves a further 6km along Buncrana Bay, passing the small coves and beaches of Lady`s Bay, Porthaw, Straghill and Linsfort with spectacular views out across Lough Swilly, which is said to have inspired the composition of Amazing Grace!

Golfing enthusiasts can enjoy a game at Ireland`s oldest 9 hole links course Buncrana Golf Club or on the equally historic 18-hole North West Golf Links while lovers of the water are spoiled for choice with a vast range of water sports on the River Crana and in the sea that surrounds the peninsula on three sides. For bird watchers, the paradise that is Inch Island beckons and if you venture a little deeper into the truly sublime Inishowen peninsula - often described as Ireland in miniature - you may well encounter bears and wolves enjoying a natural habitat at Wild Ireland and alpacas grazing the hills above Five Finger Stand, close to Ireland`s most northerly point of Malin Head.

By putting the Eircode F93 D4EP into Google maps on your smart phone the app will direct interested parties to this property.

BER G / BER No 119187698
Floor Area 101.556 (m2)

To access the legal pack, please copy and paste the link below
http://www.iamsold.ie/properties/b34fa797a8c140ffbd99e80d680bcbbb/auction-pack

eircode: F93D4EP

TO VIEW OR MAKE A BID Contact Franklins Estate Agency or iamsold, www.iamsold.ie

Starting Bid and Reserve Price

*Please note all properties are subject to a starting bid price and an undisclosed reserve. Both the starting bid and reserve price may be subject to change. Terms and conditions apply to the sale, which is powered by iamsold.

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. Please note this property is subject to an undisclosed reserve price. Terms and conditions apply to this sale.

Building Energy Rating (BERs)

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