For sale by Peninsula Properties 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.
Traditional stone farmhouse on one acre surrounded by expansive country and mountain views and set in a quiet and peaceful location only a short 5 minute drive from Durrus village. This property is eligible for the Government's vacant property grant of up to €70,000 to a buyer who meets the required criteria.
THE ACCOMMODATION - approx. 1,200 sq. ft.
The property is in poor condition and needs work to bring it up to modern day standards.
The kitchen, breakfast nook and overhead room are part of an extension to the original cottage and have single glazed windows. All other windows are double glazed.
LOCATION:
The property is located in a quiet spot and is not overlooked. It is approximately 3 miles from Durrus village on the Sheep's Head Peninsula in West Cork. The closest town is Bantry - a 15 minute drive and Cork city and airport are 90 minutes by car. The seaside village of Schull is a 25 minute drive.
SERVICES:
Well
Septic tank
Electricity (currently disconnected)
Landline phone (currently disconnected)
BER G / BER No: 115551772
What is the Vacant Property Refurbishment Grant?
The Vacant Property Refurbishment Grant provides funding so you can refurbish vacant and derelict homes. It can also be used to renovate vacant and derelict properties that have not been used as residential properties before. This only applies if these non-residential properties were previously used for commercial or public use and now have the correct planning permission.
You can get the grant if you are refurbishing the vacant property so you can live there, or so you can rent the property out.
You can get a grant of up to €50,000 to renovate a vacant property and up to €70,000, if the property is derelict.
The Vacant Property Refurbishment Grant is funded by the Department of Housing, Local Government and Heritage through the Croí Cónaithe (Towns) Fund and you apply to your local authority.
TO VIEW OR MAKE A BID Contact Peninsula Properties or iamsold, www.iamsold.ie
*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.
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 Ratings (BERs) give information on how to make your property more energy efficient and reduce your energy costs. All properties 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 property 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 properties are measured using the same calculations, so you can compare the energy efficiency of different properties.
Front door to open plan living/dining
10'10" x 23'4" - (the original building)
multi-fuel burning stove, stairs to upstairs bedrooms, door to kitchen, 2 front facing windows and 2 rear facing windows
Kitchen
8' x 12'
open to breakfast nook/sunroom, stairs to room overhead
Breakfast nook/sun-room
7'2" x 6'6"
glass on 3 sides, open to kitchen
Bathroom
9'2" x 5'3"
tub, wash basin and WC. Linen cupboard
Door to rear of house (accessed via a short hallway)
Bedroom No. 1
14'6" x 11'6"
timber floor, sheet timber ceiling, 2 front facing windows, wash basin
Bedroom No. 2
9' x 11'
timber floor, sheet timber ceiling, front facing window
Office/storage or bedroom (above kitchen and accessed via kitchen)
10' x 14'
timber floor, 2 windows (part of the extension)
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.
A Bidder Security Deposit of €4,500.00 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 iamsold's 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 iamsold within 48 hours of acceptance of their bid. The deposit balance can be paid by debit/credit card, or same day bank transfer to iamsold's client account.
All unsuccessful bidders will have their pre-authorisations released 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.
For further information or to speak to one of our team, please call 021 234 9696.
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.
