Discover a unique opportunity in the heart of Roscommon with this enticing property for sale in Ballinlough. Whether you are a budding investor or searching for a charming home with potential, this property offers a wealth of possibilities. Ideally situated, the house is part of Folio RN40790F, Plan Number C9349, and Property Number 2, and extends to approximately 0.48 hectares (1.18 acres) of land, featuring a mass concrete house and a newly constructed extension to the rear.
This property is a hidden gem, offering great potential for development and investment. The concrete house has been stripped back, with a new extension added to the rear. An existing structure was removed, and the new extension was constructed, which includes a permissible 40m² area that does not require retrospective planning permission. This makes it an ideal candidate for the vacant or derelict grants, such as the SEAI Energy upgrade grants, with potential funding up to 50,000 euros for derelict properties and up to 30,000 euros for energy upgrades. Additionally, it may qualify for a septic grant upgrade.
Complementing the house is an old hay barn and a stone building located at the back of the dwelling. The property is being sold as seen, providing a blank canvas for you to create your dream residence or investment property. All essential services are in place, including water and a septic tank, although electricity is not currently connected. With a guide price of just 45,000 euros, this property offers exceptional value for the discerning buyer.
Additional Amenities
The property is classified as a new development, providing a fresh start for prospective buyers. While it lacks certain modern amenities, this allows for personalisation and upgrades to meet your specific needs and preferences.
Location and Lifestyle
Located in Ballinlough, County Roscommon, this property is nestled in a region rich with history and natural beauty. The area is known for its tranquil lifestyle, offering a peaceful retreat from the hustle and bustle of city life. Residents can enjoy the picturesque landscapes and a close-knit community atmosphere.
Ballinlough is well-connected to larger towns and cities, making it a convenient base for commuting or exploring the wider region. The surrounding countryside offers a variety of outdoor activities, from hiking and cycling to fishing and nature walks, providing ample opportunities for leisure and recreation.
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Investment Potential
This property represents a significant investment opportunity, especially for those interested in taking advantage of available grants and upgrading the dwelling to modern standards. With its attractive guide price and potential for enhancement, it offers a substantial return on investment for the right buyer.
Given the property’s eligibility for various grants, including the SEAI Energy upgrade and possible septic grant, investors can significantly lower renovation costs while improving the property’s value.
Contact Information
If you are interested in this property and wish to learn more or arrange a viewing, please reach out to the seller, Kirrane Auctioneering. You can contact them via email at [email protected] or by phone at +353 0 91705555.
Negotiator: Lisa Morley
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