Wednesday 16 October 2019

Bargain houses unsold as auction is abandoned

The receiver's representative.
The receiver's representative.

By Fintan Lambe

The residue of the large development at Riverchapel Wood was to under the hammer on Thursday at 3 p.m. in The Ashdown Park Hotel, Gorey, with an advised minimum value of €850,000. This works out at €26,500 per house but they were being sold as one lot, leading to much criticism that they were being targeted at developers rather than the general public.

The sale included 3 two-bed homes; 21 three-bed homes; and 8 four-bed homes, including a mix of detached, semi-detached, and terraced homes, fourteen of which were finished.

Auctioneer Gary Quinn of DNG Property People said that they were in a room which would cater for up to 40 people, but they moved to a larger room when the crowds arrived. It soon became clear they would have to abandon the auction. 'I don't know what will happen now,' he said. 'The property was withdrawn.'

Sinn Féin councillor Johnny Mythen was among those who before the auction questioned the appropriateness of the sale going ahead in light of social housing issues in the county.

Wexford People

Most Read