Bruce Manor homes to be sold on by investor who got Receiver bargain

If you were one of the individuals who expressed an interest in the properties in Bruce Manor in Arvagh when they were put up for sale under instructions by the Receiver in May, now is your time to check them out as individual units, so you may be interested in this update. Back in the early summertime following Receiver instructions, eight incomplete houses in this new estate were put up for sale as one package to appeal to investors who might be tempted by the likelihood of value given with the increased speed and simplicity of one conveyancing process rather than eight separate ones. A Cavan-based investor bought the package in July through selling agent Declan Woods and Declan is now keen to inform the many people who were interested in buying an individual unit in the estate that he will be acting as agent for the investor who is now completing the estate and will be looking to sell on the eight houses then. "The investor will be completing the houses to a full turnkey finish. They will also ensure that the public areas in the estate, such as road surfaces, lighting and so on, will be completed to a high standard that will be approved by Cavan County Council," said Mr Woods. "Like any other rural part of Cavan, but for the fact that we have been able to secure a buyer, this could have ended up as a partially finished or ghost estate. Prospective buyers, and indeed residents in Arvagh, can rest assured that the estate will be finished and anticipate there will be full occupancy in the development." "We are now taking expressions of interest in the property. In fact, we've already had several," he said. The five detached houses each extend to circa 1,600 square feet and have garages, while the semi-detached measure approximately 1,200 square feet. Prices will start at €65,000. Contact Declan Woods Auctioneers And Estate Agents, Unit 4, The Plaza, College Street, Cavan at 049-4380038 or 086-8199911.