Allsop Space Auction May 2 2014

188 lots in this one
allsopspace.ie/auction/catalogue
Dublin flats seem underpriced considering the current market.

Is it just because I’m in London that many of the maps references are defaulting to UK locations?

Not much of interest here for me. will look at docs for one item but it is not great. Not much residential stuff here and I suspect that is because of the imagined pickup in the market leading banks/receivers to think they can sell it at a higher price by private treaty.

allsopspace.ie/auction/lot/15497

Worth it for the name alone!

Don’t they have an agreement with IMHO (David Hall) NOT to deal with repossessed family homes

That too. got link to legals for one I saw of slight interest to me and it is being repo’d by BOSI. Seems that AIB and BOI are just storing up their troubles while BOSI slip out the back door.

Nope, not David Hall. It’s with FF big dog Jerry Beades and his side kick, Constant Markievicz

allsopspace.ie/auction/lot/12281

Lot 8 has serious potential… Can easily charge ~1k p/m for a half-decent 3 bed in that area. Can see that going for well above its reserve.

Pinsters will get a much better kick out of lot 39.

allsopspace.ie/auction/lot/15573

:laughing:

This is an interesting one. Nice spot in Limerick city imo.
allsopspace.ie/auction/lot/12274

That’s even tiny for a 2 bed apt… If fact, I’d consider 560 sq ft a small one bed apt!

Its mainly students they tend to double up down there so to speak

Fact is that it isn’t half decent, though! If it is like the other 3 beds in the development you’re talking about 3 box rooms and one bathroom. I’d have to do the sums, but you might still get close to 1k a month based on there being three bedrooms. There are three bed apartments in here asking €120k-130k currently and I can almost guarantee you’d be better off negotiating on one of them than going head first against a group of uneducated bidders at Allsop who’ll end up bidding it up to more than they could have got one if they walked in off the street and bought it private treaty.

On an off-topic, were these flooded in 2009? Didn’t realise there was, but Google maps shows there is a river running through the development and I know the bottom of Vic Cross was massively flooded (think it stopped around Blackwater Motors Showroom). This development might be safe since the water would continue to run down hill, just something to consider, although it probably wasn’t flooded.

Underway with 5 lots sold.

Lot 4, 35sq/mtr 1 bed flat, Mountjoy Square sold for 90k. (€240/sq ft)

Lot 112, Mixed Use, Monaghan, is withdrawn for the 2nd auction in a row.
allsopspace.ie/auction/lot/11473

Lot97 Industrial Unit - Monaghan is from a Bank of Scotland (Ireland) receivership.
Bad blood.
Internal offices demolished and “Not for sale” spray-painted on internal walls and on every door.

How did it go? Used to be reported here in detail.

As it was largely commercial, no interest :smiley:

Excluding withdrawn:

No. Property Reserve No. Result

1 Investment Flat Dublin 2 €105,000.00 1 Sold €180,000.00 2 Apartment Dublin 24 €105,000.00 2 Sold €131,000.00 3 Investment Flat Swords €135,000.00 3 Sold €135,000.00 4 Investment Flat Dublin 1 €60,000.00 4 Sold €90,000.00 5 Apartment Limerick €30,000.00 5 Sold €41,000.00 6 Apartment Dublin 8 €135,000.00 6 Sold €135,000.00 7 Vacant House Dublin 3 €125,000.00 7 Sold €125,000.00 8 Apartment Cork €95,000.00 8 Sold €122,000.00 9 Land/Site Dublin 2 €120,000.00 9 Sold €300,000.00 10 Apartment Block Dublin 7 €400,000 - €450,000 10 Sold €760,000.00 11 Retail Investment Dublin 1 €220,000-€270,000 11 Sold €275,000.00 12 Office Dublin 2 €150,000 - €195,000 12 Sold €245,000.00 14 Retail Dublin 1 €260,000 - €300,000 14 Unsold 15 Retail Investment Dublin 12 €60,000 - €80,000 15 Sold €120,000.00 17 Industrial Investment Dunshaughlin €300,000-€360,000 17 Sold €450,000.00 18 Retail Investment Dublin 2 €145,000 - €175,000 18 Unsold 19 Retail Investment Greystones €550,000 - €600,000 19 Sold €700,000.00 20 Office Investment Dublin 7 €5,500,000 - €6,000,000 20 Sold €6,250,000.00 22 Office/warehouse Dublin 15 €45,000 - €55,000 22 Sold €58,000.00 23 Retail Dublin 13 €45,000 - €55,000 23 Sold €97,500.00 24 Retail Investment Edenderry €110,000-€130,000 24 Sold €165,000.00 25 Office Dublin 22 €80,000 - €100,000 25 Sold €80,000.00 26 Retail Investment Bettystown €70,000 - €90,000 26 Sold €100,000.00 27 Office Warehouse Investment Dublin 15 €60,000 - €70,000 27 Sold €130,000.00 28 Office Dublin 7 €275,000 - €325,000 28 Sold €300,000.00 29 Office Dublin 2 €295,000 - €330,000 29 Sold €311,000.00 30 Office Dublin 2 €900,000 - €1,000,000 30 Sold €1,250,000.00 31 Office Investment Lucan €110,000 - €130,000 31 Sold €175,000.00 32 Land/Site Lusk €300,000 - €350,000 32 Sold €350,000.00 33 Mixed Use Enniscorthy €35,000-€45,000 33 Sold €62,500.00 34 Vacant Office Suite Bray €65,000-€75,000 34 Sold €152,000.00 35 Two Office Buildings Cavan €90,000-€110,000 35 Sold €145,000.00 36 Mixed Use Limerick €160,000 - €180,000 36 Sold €180,000.00 37 Mixed Use Investment Dublin 1 €110,000-€130,000 37 Sold €245,000.00 38 Industrial Investment Dublin 15 €340,000 - €380,000 38 Sold €420,000.00 39 Industrial Investment Cork €125,000 - €165,000 39 Sold €230,000.00 40 Office Waterford €45,000 - €55,000 40 Sold €67,500.00 42 Office Investment Dublin 9 €770,000 - €840,000 42 Unsold 43 Office Dublin 3 €90,000 - €110,000 43 Sold €140,000.00 44 Office Dublin 3 €90,000 - €110,000 44 Sold €125,000.00 45 Hotel Granard €55,000 - €65,000 45 Sold €65,000.00 46 Retail Mohill €130,000-€160,000 46 Sold €245,000.00 47 Office/warehouse Dublin 15 €50,000 - €60,000 47 Sold €82,000.00 48 Mixed Use Investment Ennistymon €25,000-€35,000 48 Sold €37,500.00 49 Industrial Investment Balbriggan €60,000-€80,000 49 Sold €100,000.00 50 Filling Station & Retail Investment Derrinturn €285,000 - €325,000 50 Sold €310,000.00 51 Industrial Investment Lucan €160,000 - €180,000 51 Sold €255,000.00 52 Industrial Dublin 15 €775,000 - €825,000 52 No Bids 53 Retail Investment Dublin 7 €200,000 - €250,000 53 Sold €315,000.00 54 Mixed Use Granard €40,000-€60,000 54 Sold €75,000.00 56 Retail Investment Dublin 1 €50,000-€60,000 56 Sold €120,000.00 57 Office Castlebar €45,000 - €55,000 57 Sold €50,000.00 58 Hotel Oldcastle €140,000-€170,000 58 Sold €205,000.00 59 Industrial Investment Donabate €320,000 - €360,000 59 Sold €505,000.00 60 Retail Investment Gorey €70,000 - €90,000 60 Sold €165,000.00 61 Mixed Use Investment Arklow €725,000 - €775,000 61 Sold €890,000.00 64 Retail Saggart €35,000 - €45,000 64 Sold €58,000.00 65 Industrial Investment Dublin 24 €60,000 - €70,000 65 Sold €120,000.00 66 Retail Newcastle €35,000-€45,000 66 Sold €95,000.00 68 Retail Investment Kinsalebeg €65,000 - €75,000 68 Sold €85,000.00 70 Mixed Use Ballyhaunis €20,000 - €25,000 70 Sold €25,000.00 71 Retail Investment Skerries €70,000 - €80,000 71 Sold €105,000.00 72 Industrial Dublin 12 €600,000 - €700,000 72 Sold €855,000.00 73 Two Office Buildings Dublin 8 €135,000 - €175,000 73 Sold €300,000.00 74 Office Dublin 7 €65,000 - €75,000 74 Sold €202,000.00 75 Industrial Dunlavin €30,000 - €40,000 75 Sold €70,000.00 76 Industrial Dublin 10 €60,000 - €75,000 76 Sold €195,000.00 77 Mixed Use Enniscorthy €27,500 - €32,500 77 Sold €42,000.00 78 Creche Drogheda €75,000-€85,000 78 Sold €105,000.00 81 Industrial Investment Dublin 24 €45,000 - €55,000 81 Sold €89,000.00 82 Retail Ashbourne €20,000 - €30,000 82 Sold €57,000.00 83 Office/warehouse Dublin 11 €70,000 - €90,000 83 Sold €80,000.00 84 Land/Site Dublin 22 €100,000 - €120,000 84 Sold €152,000.00 85 Retail Investment Tipperary Town €140,000 - €180,000 85 Sold €176,000.00 88 Public House Limerick €40,000-€60,000 88 Unsold 90 Public House Belturbet €20,000 - €30,000 90 Unsold 91 Restaurant Investment Youghal €45,000 - €55,000 91 Sold €70,000.00 92 Office Gorey €25,000 - €35,000 92 Sold €30,000.00 93 Mixed Use Investment Drumcree €15,000 - €20,000 93 Sold €52,500.00 94 Office Warehouse Investment Dublin 13 €150,000 - €190,000 94 Sold €288,000.00 95 Retail Limerick €45,000 - €55,000 95 No Bids 97 Industrial Monaghan €25,000-€35,000 97 Sold €65,000.00 99 Mixed Use Investment Castlepollard €160,000 - €180,000 99 Sold €207,500.00 100 Office Carlow €185,000 - €205,000 100 No Bids 101 Retail Cork €80,000-€120,000 101 Sold €211,000.00 103 Mixed Use Urlingford €80,000 - €85,000 103 Sold €104,000.00 104 Public House Swinford €80,000-€85,000 104 Sold €80,000.00 105 Mixed Use Kilbeggan €15,000-€25,000 105 Sold €72,000.00 106 Mixed Use Investment Carlow €230,000 - €270,000 106 Sold €275,000.00 107 Office/warehouse Cork €110,000 - €130,000 107 Sold €120,000.00 108 Mixed Use Birr €30,000-€40,000 108 Unsold €30,000.00 111 Vacant Retail Parade Dungarvan, €85,000-€100,000 111 No Bids 113 Restaurant Waterford €235,000 - €275,000 113 No Bids 114 Retail Investment Dublin 12 €90,000-€110,000 114 No Bids 117 Pharmacy Investment Clonmel €675,000 - €725,000 117 No Bids 118 Industrial Investment Kells €400,000 - €450,000 118 Sold €467,500.00 120 Apartment Dublin 8 €135,000.00 120 Sold €155,000.00 121 Vacant Flat Dublin 7 €75,000.00 121 Sold €101,000.00 123 Investment House Dublin 3 €150,000.00 123 Sold €190,000.00 124 Apartment Swords €135,000.00 124 Sold €140,000.00 125 House Swords €90,000.00 125 Sold €161,000.00 126 Investment House Co. Wexford €30,000.00 126 Sold €49,000.00 127 Two Period Terrace Buildings Limerick City €120,000.00 127 Sold €155,000.00 128 Land Barnacogue €77,000.00 129 Vacant House Ballingarry €150,000.00 129 No Bids 130 House and Site Mullingar €25,000.00 130 Sold €75,000.00 131 Vacant Flat O'Briensbridge €25,000.00 131 Sold €33,000.00 133 Investment House Sligo €22,500.00 134 Residential Development Clare €60,000.00 134 Sold €76,000.00 135 Investment House Cork €200,000.00 135 Sold €255,000.00 136 House Cork €125,000.00 136 Sold €174,000.00 139 Investment Flat Glengarriff €45,000.00 139 Sold €77,000.00 141 House Finglas €55,000.00 141 Sold €108,000.00 143 Apartment Swords €99,000.00 143 Sold €117,000.00 144 House Ennis €65,000.00 144 Sold €67,500.00 145 Vacant House Sligo €22,500.00 146 Nine Apartments Co. Galway €250,000 - €275,000 146 Sold €380,000.00 148 House Turloughmore €70,000.00 148 Sold €70,000.00 151 House Connemara €60,000.00 151 Unsold 152 Three Houses and Site Newport €115,000.00 152 Unsold 154 House Phibsborough €175,000.00 154 Sold €215,000.00 155 Apartment Limerick €75,000.00 155 Sold €85,000.00 156 Former school house and detached house Castlecomer €85,000.00 156 Sold €85,000.00 158 Vacant House Galway €145,000.00 158 Sold €192,500.00 159 House Limerick City €115,000.00 159 Unsold 161 Investment Flat Newcastlewest €25,000.00 161 Sold €29,000.00 163 Vacant House Foxford €20,000.00 163 Sold €35,000.00 164 House Bruree €30,000.00 164 Sold €36,000.00 165 House Kilkee €75,000.00 165 Sold €75,000.00 166 House Claregalway €55,000.00 166 Sold €70,000.00 167 Residential Development Dundrum €100,000.00 167 Sold €152,500.00 168 Vacant House Lough Derg €175,000 - €200,000 168 Sold €185,000.00 170 Investment House Enniskerry €150,000.00 170 Sold €180,000.00 171 Land/Site Redhills €25,000.00 171 Unsold 173 Investment House Bray €325,000.00 173 Sold €325,000.00 174 Apartment Block Enniscorthy €50,000.00 174 Sold €105,000.00 175 Apartment Castletroy €40,000.00 175 Sold €43,000.00 176 House Drogheda €65,000.00 176 Sold €140,000.00 177 Land/Site Castlebar €12,000.00 177 Sold €29,000.00 178 Land/Site Kilbeggan €140,000.00 178 Sold €180,000.00 179 Vacant Mixed Use Borrisokane €90,000.00 179 Sold €95,000.00 180 House Schull €125,000.00 180 Sold €145,000.00 181 Vacant House Bannow €75,000.00 181 Sold €95,000.00 182 Four Houses Shinrone €120,000.00 182 Unsold €100,000.00 183 five apartments Waterford €60,000.00 183 Bidding 184 Land/Site Waterford €20,000.00 184 Sold €48,000.00 186 House Fethard-On-Sea €40,000.00 186 Sold €92,500.00 187 Apartment Castletroy €40,000.00 187 Sold €40,000.00 188 House Limerick €300,000.00 188 Sold €300,000.00 190 Mixed Use Investment Ennis €375,000.00 190 Unsold 193 House Kilkee €180,000.00 193 Unsold 194 Land/Site Co. Wexford €24,000.00 194 Sold €38,000.00 195 Land/Site Mallow €55,000.00 195 Unsold 196 House Ballygar €30,000.00 196 Sold €30,000.00 197 House Birr €50,000.00 197 Sold €90,000.00 199 Apartment Clifden €35,000.00 199 Sold €25,000.00 200 Investment Flat Dublin 14 €195,000.00 200 Sold €270,000.00 201 Vacant Flat Swords €135,000.00 201 Sold €135,000.00 202 House and Site Dublin 14 €550,000 - €600,000 202 Unsold 203 Vacant House Kiltimagh €25,000.00 203 Sold €41,000.00 204 House and Site Mullingar €15,000.00 204 Sold €32,000.00 206 House Convoy €15,000.00 206 Sold €33,000.00 207 Land/Site Kinnity €140,000.00 207 No Bids 208 Land Graffoge €10,000.00 208 No Bids 210 Land/Site Castlebar €75,000.00 210 Sold €117,500.00 212 Four Apartments Limerick €100,000.00 212 No Bids 213 Vacant Flat O'Briensbridge €30,000.00 213 Sold €54,000.00 214 Mixed Use Investment Ennis €220,000.00 214 Unsold 215 House Ballycumber €290,000.00 215 Unsold 216 Apartment Block Dublin 1 €1,100,000 - €1,200,000 216 Sold €1,300,000.00 217 Land/Site Glengarrif €70,000.00 217 Unsold 218 House Waterford €90,000.00 218 Sold €130,000.00 219 Land/Site Graiguenamanagh €80,000.00 219 Sold €70,000.00 220 Land Borris €40,000.00 220 Unsold €35,000.00 221 Vacant House Carrigallen €40,000.00 221 Unsold €30,000.00 222 Housing Block Carrigallen €125,000.00 222 Sold €137,000.00 223 Land/Site Santry €350,000 - €400,000 223 Sold €660,000.00 224 Three Houses Dublin 5 €300,000.00 224 Sold €450,000.00 179A Apartment Block Listowel €30,000.00 179A Sold €45,000.00 79A Industrial Dublin 11 €205,000-€245,000 79A Unsold

Reported to be 2 auctions over 2 days next time out 1 for residential and 1 for commercial

Looked at those myself but nothing of interest. 180k seems a bit much for a one bed in Temple Bar (Lot 1), no?