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2 Park Avenue, Gorey Co. Wexford – Auction Report

2 Park Avenue

SOLD SEPTEMBER 2022 – Excellently Located 3 bed Mid Terrace Townhouse Within Walking Distance Of Gorey Main Street For Sale By Online Auction Wednesday 7th September At 12 Noon

Today’s auction of 2 Park Avenue had attracted a great deal of interest due to the property’s central location and competitive guide price. The shortage of available rental properties in Gorey resulted in 2 Park Avenue receiving plenty of enquiries from investors. Sales negotiator Harold Young said that “five parties had registered to bid”.

On the day of the auction, bidding opened at €80,000 and with activity from three bidders quickly moved past €100,000. Upon reaching €120,000, the property was declared ‘on the market’ and further bids were invited. Two bidders continued to battle it out before the hammer fell at €154,000. This represented a great result, as the price achieved was almost 30% over the guide price.

Harold Young

Speaking after the auction, Harold said that he and his client were both “very pleased with the outcome”. He added that “properties of all types are in high demand in Gorey at present, even those requiring improvement/modernisation”. The view the full listing for 2 Park Avenue, please click here.

With the property market continuing to perform well, please contact us if you are considering selling your property, either by way of auction or private treaty.

QUINN PROPERTY – No.1 Independent Auction House in the South-East

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