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Allsop Auction

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  • Registered Users Posts: 530 ✭✭✭zac8


    ronan45 wrote: »
    Merci Zac

    Start Times

    Single Session
    Auctioneer’s Announcements 10.45 a.m.
    Lot 1 not before 11.00 a.m.
    Has anyone seen one of these online auctions before? Do i need speakers or is it typed up on the screen?
    http://www.irishtimes.com/newspaper/breaking/2011/1121/breaking24.html

    If you're looking at the live feed you need speakers - there's no text summary. If you've no speakers you can follow the live results page which in the past has been fairly prompt. It's worth tuning in to see how the pros do it :)


  • Registered Users Posts: 530 ✭✭✭zac8


    Also there's this page to view the live bidding:

    http://www.realbid.co.uk/realbidIrish/gallery.asp


  • Registered Users Posts: 143 ✭✭Snazzy_Chazzy


    "Sits back and opens popcorn" :D


  • Registered Users Posts: 162 ✭✭Penguino


    Can anyone see this, my link isn't working.

    Please post the working link

    Thanks


  • Registered Users Posts: 162 ✭✭Penguino




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  • Registered Users Posts: 1,584 ✭✭✭ronan45


    Lot 2 5 Corn Exchange Apartments, Burgh Quay, Dublin 2 €132,500 reserve was 120K

    Not a bad buy , City Centre location,


  • Registered Users Posts: 2,284 ✭✭✭wyndham


    Some interesting results. I take it the 4 bed apartment in Santry didn't make the €60k? Still listed as available. Was anybody there/watching live can confirm? Surely the rental yield on this would have been well into double digits?
    Lot 17 30th November 2011 Auction
    Reserve Price Not to Exceed €60,000
    Result: Available





    Santry
    Apartment 63 Hazelwood
    Northwood
    Co. Dublin



    A Leasehold Four Bedroom Apartment

    RESERVE NOT TO EXCEED €60,000

    Tenure


  • Closed Accounts Posts: 15,116 ✭✭✭✭RasTa


    It went for €76k


  • Closed Accounts Posts: 3,591 ✭✭✭RATM


    RasTa wrote: »
    It went for €76k

    Wow, assuming you can rent each room to DCU students for €350 per month x 4 = €1,400 rental income x 11 months = €15,400.

    That would give it a yield of approx 20%. If the new owner can rent it as above then he'll have his money back in 5 years and will still have a pre-tax income of €1,400.

    Pretty good investment IMO, we are finally seeing some value in the market.


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