Balbriggan ghost estate sells for €1.7m

Balbriggan ghost estate sells for €1.7m

A ghost estate which was emptied of residents less than three months ago has sold at auction for €1.7m.

That’s more than double its €750,000 guide price or an average of €33,333 per home for the 51 almost completed houses and apartments at Hampton Gardens, Balbriggan, in north county Dublin.

Hampton Gardens, is situated on a 7.3 acre site on the Naul Road, on the western approach to Balbriggan and consists of 11 houses and 40 duplexes and apartments which are substantially completed.

Up to 14 of the dwellings had been occupied by tenants until May of this year but after the receivers Kieran Wallace and Shane McCarthy of KPMG commissioned a survey of the compliance of the buildings, it was discovered that they did not comply with the fire regulations and the tenants were moved to alternative accommodation.

 

Leave a Reply