A set of 21 houses in Laois sold for €2.2 million in online auction

Express Reporter

Reporter:

Express Reporter

A set of 21 houses in Laois sold for €2.2 million in online auction

There has been a huge investment in housing in Laois by an unknown bidder who has secured 21 incomplete four bedroom houses for €2.2 million in Abbeyleix.

The houses at De Vesci Hill, Abbeyleix were for sale in an online bid with a starting price of €1.2 million for all 21 houses.

The bidding began at 9:25am on Wednesday, December 13 at €1,250,000. By 9:43am the bidding had reached €1,341,000 and it finished up at €2,200,000 at 9:56 just half an hour after the auction began.

There were nine different anonymous bidders battling for the best offer throughout the half an hour. 

At €2.2 million, the 21 houses came in at just under €105,000 each. They are all detached four bedroom homes finished to first fixing and requiring rewiring.

The property summary outlines that cracking is evident in the floors of some of the properties that have been vacant for some time.

Each property extends to approximately 197 sq. m (2,120 sq. ft).

All houses are two storey under a pitched roof with gardens to the front and rear as well as off street parking.

Laois County Council Housing Department confirmed to Leinster Express that it was not one of the bidders. 

The auction took place on Bidx1.com. 

Picture from Bidx1.com

Picture from Bidx1.com