A two-bed cottage in Co Leitrim, Ireland is to be auctioned next month with a reserve price of just €7,500 (£6,200).
The cottage is located 2km outside the south Leitrim village of Carrigallen and features a reception room, two bedrooms, kitchen, dining room and bathroom. The site is 0.3 of an acre.
The property is one of 100 lots to be auctioned in the next Allsop Space auction on March 1. From a UK perspective there are some serious bargains to be had.
74 of the 100 are residential, including 41 apartments and 33 houses. Nine of the houses are in Dublin, with one four-bedroom, mid-terrace house close to Connolly Station listed with a reserve of €35,000.
The best-known property up for auction is the Sandhouse Hotel in Rossnowlagh, Co Donegal, which has a guide price of €650,000 – a staggering 89% reduction on the price sought for the hotel when it was for sale in 2008.
There’s also a three-bed house in Dingle for sale for €50,000, and a two-bed house in the middle of Galway City for just €75,000.
It will be interesting to see how high the bidding goes!