Sean Costello Street, Athlone, Co. Westmeath

Sean Costello Street, Athlone, Co. Westmeath

Joe Naughton Auctioneers are delighted to present to the market this exciting opportunity to acquire a mid-terrace property on Sean Costello Street, located in the heart of Athlone town, together with a semi-detached property to the rear.

The property now awaits its next chapter and offers huge potential for refurbishment, redevelopment and investment, subject to the necessary planning permissions and approvals. Its central location, combined with the additional property to the rear, provides an excellent opportunity for those looking to create a unique residential, rental or mixed-use project in one of Athlone's most established town-centre locations.

The property is particularly well positioned to benefit from the recent formal designation of Athlone as a Living City Initiative (LCI) Special Regeneration Area. This designation creates exciting opportunities for property owners, investors, businesses and residents to bring vacant, underused and derelict buildings back into productive use through a range of Government-supported tax incentives, subject to eligibility and the relevant qualifying criteria.

The Living City Initiative presents an opportunity to:

Refurbish and restore existing properties
Convert vacant buildings into homes
Support “Living Over the Shop” developments
Revitalise Athlone town centre
Contribute to sustainable urban regeneration
Potentially avail of tax reliefs on qualifying residential, rental, commercial and retail refurbishment projects

With its prime town-centre position, additional property to the rear and significant scope for improvement, this property represents an exciting opportunity for investors, developers or owner-occupiers with vision to unlock its full potential.

Sean Costello Street is ideally situated within easy walking distance of Athlone's extensive range of shops, cafés, restaurants, bars, schools, offices, public transport links and the River Shannon. The property's location offers the convenience of town-centre living while placing all of Athlone's amenities directly on the doorstep.

Viewing is highly recommended to fully appreciate the potential this property presents.

Prospective purchasers are advised to satisfy themselves regarding the availability, applicability and qualifying criteria of any Living City Initiative tax reliefs and to take independent professional advice in this regard. Any refurbishment, conversion or redevelopment is subject to the necessary planning permissions, building regulations and statutory approvals.

Mid terrace property BER- G Ber No. 119479848 142.57 (m2)
Semi detached property BER C Ber no. 119480143 163.62 (m2)