Commercial Property
Fire-damaged Cobh house sparks bidding war at auction
The four-bed Cork property had an AMV of €150,000, but sold for €194,000
A dilapidated home in need of major refurbishment after being damaged by fire sold for €44,000 above its guide price following an online bidding war.
Bids for No 48 Gardener’s Walk in Cobh, Co Cork, started at the advised minimum value (AMV) of €150,000 when the virtual hammer was raised on the property portal, youbid.ie.
Less than 90 minutes later, however, the price had soared to €194,000 as six bidders battled for the keys to ...
