I bought this property at a Bid X1 auction | Terry Gorry Vlog | Part 1

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  • Опубликовано: 17 янв 2025

Комментарии • 200

  • @clockwatch5222
    @clockwatch5222 4 месяца назад +40

    When Terry goes on holiday he buys a cheap house. The rest of us buy cheap crappy souvenirs. 😅

  • @teresacrowley4076
    @teresacrowley4076 4 месяца назад +50

    I would be interested in seeing a follow up video. Thanks 👍

  • @rosalindmcmanus2759
    @rosalindmcmanus2759 4 месяца назад +9

    Now you’ll
    Have to show us inside and when it’s ready for rent. Wishing you lots of success

  • @nikkion2140
    @nikkion2140 4 месяца назад +4

    Terry, you are a property developer at heart!
    Congratulations!

  • @anpleidhceeireannach9498
    @anpleidhceeireannach9498 4 месяца назад +10

    Interested to see what it looks like inside,a follow up video would be good. You could do a further follow up video after it's renovated.

  • @commelions
    @commelions 4 месяца назад +10

    Very interested in seeing follow up, you might touch on the fire regulation aspect of the attic conversion and if it impacted on rent yield, client type, costs to make complaint ect

  • @francismcclearn2431
    @francismcclearn2431 4 месяца назад +18

    Love to see how it works out for you.

  • @ministry_of_love
    @ministry_of_love 6 дней назад

    2:09 On the laneway across the road was the film location of the family home in Angela's Ashes.
    I wouldn't call the neighbourhood Tinseltown, but it does have a Hollywood sprinkle, just like Terry.....

  • @kenbyrne1355
    @kenbyrne1355 4 месяца назад +4

    Fair play anybody takes risks deserve rewards

  • @ronanhunt88
    @ronanhunt88 4 месяца назад +3

    Interested in the follow up video. Particularly all the steps around renovation, resolving issues and the projected yields vs actually achieved yields.

  • @michaellogan1428
    @michaellogan1428 4 месяца назад +3

    Yes, follow ups please.
    One when you get possession and one a year after that would be most welcome.
    Best of luck with it Terry.

  • @lucankumon2321
    @lucankumon2321 4 месяца назад +4

    Looks like a shrewd investment, Terry. I hope it works out for you. Definitely interested in a follow -up video.

  • @Adrian-AosFotos-Irish
    @Adrian-AosFotos-Irish 4 месяца назад +6

    Gerald Griffin St ,good spot...busy .Follow up definitely .

    • @riverpower9402
      @riverpower9402 4 месяца назад

      What's the history behind the name of the street?

  • @anyat686
    @anyat686 4 месяца назад +6

    Ah. Did you not bring your drone with you 🤣. Can’t wait for update.

  • @Mens-Wisdom
    @Mens-Wisdom 4 месяца назад +5

    Would love a follow up video. I also bought unseen from Bidx1 and it worked out very well for me.

  • @paulcostello7200
    @paulcostello7200 4 месяца назад +1

    Fair play Terry, I'm happy for you. Hope it all works out

  • @ashfieldmullingar2898
    @ashfieldmullingar2898 4 месяца назад +1

    The best of luck Terry. I love to see it inside.

  • @GripperSim
    @GripperSim 4 месяца назад +1

    Yes terry, your last two videos have been great.
    In fact all of your videos are great. I would like to see an update also. I don’t know why I didn’t subscribe before, but I have now. Cheers!

  • @texashsad
    @texashsad 4 месяца назад +3

    A very nice house. I can hardly wait for the follow up. 😊

  • @buck2601
    @buck2601 4 месяца назад +10

    Very interesting Terry, you don’t let the grass grow under your feet, very eager to hear how this journey works out for you, another great Vlog 👏

  • @ritamgilsenan629
    @ritamgilsenan629 4 месяца назад +1

    Id love to see a follow up Terry! I enjoy listening to you here or on ticktock and the knowledge you have and you explain everything in plan English.

  • @paulmartin4168
    @paulmartin4168 4 месяца назад +3

    Thats a bit like the house i bought in 2015( for less than a new Nissan Micra)
    Now i live stress-free,and it's lovely.

  • @geoffdowdall8373
    @geoffdowdall8373 4 месяца назад +3

    Yea a follow up would be very interesting

  • @carolynsquires3469
    @carolynsquires3469 4 месяца назад +2

    Yes would love to see the follow up

  • @denismoloney2011
    @denismoloney2011 4 месяца назад

    Great topic Terry, would love to hear more . Thank you .

  • @tricky.pixels
    @tricky.pixels 4 месяца назад

    Very interested indeed...hope you can do the follow up video or indeed a small series as things progress.

  • @katscotty
    @katscotty 4 месяца назад +12

    I would love to see the follow up on the property.

  • @aineholt
    @aineholt 4 месяца назад +3

    Yes to a follow-up

  • @RobertBennett-u6o
    @RobertBennett-u6o 4 месяца назад

    Best of luck with your new purchase Terry. Hope you get a good tenant. Hard to get bad tennents out at the moment.

  • @AlanMinnock-v8w
    @AlanMinnock-v8w 4 месяца назад +1

    I’d love to see a part 2. Very good

  • @vdub8567
    @vdub8567 4 месяца назад +1

    Nice investment, terry ,well done .

  • @patmulligan7157
    @patmulligan7157 4 месяца назад +1

    Good luck with the property, I would like to see a follow up and ongoing story of the property. Luckily you can sort out the legal issue which I think would scare off most investors / purchasers.

  • @michaelplays2449
    @michaelplays2449 4 месяца назад +1

    Very intresting Terry .Thank You

  • @andrewmellon5072
    @andrewmellon5072 4 месяца назад

    Thank you you for a very interesting video. Good luck with new house..

  • @kieranbennett9182
    @kieranbennett9182 4 месяца назад

    Looking forward to the follow through Terry

  • @That_Guy_In_The_Sky
    @That_Guy_In_The_Sky 4 месяца назад +4

    Be interested in the attic conversion, how they managed to get a Velux on the front of the property although that's perhaps the dodgy planning issues you spoke of. €1,800 is reasonable, a shrewd investment alright, flip the property in 24 months for a nice profit or even hold on to it. All the best.

  • @ginafitzpatrick5083
    @ginafitzpatrick5083 4 месяца назад +2

    As a Cork person I believe that you got a very nice property in a great location. I would be interested in a video about the auction process and the costs involved.

    • @terrygorry
      @terrygorry  4 месяца назад

      Thanks 👍

    • @magscorbett7017
      @magscorbett7017 4 месяца назад

      Digital fraud like Taillte Eireann to cover the papertrail of Crime by banks politicans coveyance solicitors who are aware that its fraud as there was no deed of transfer signed by the owner forged documents will be the rock they perish on.

  • @RichardKarn-go5js
    @RichardKarn-go5js 4 месяца назад +1

    Interesting property Terry, it would be good to see the follow up

  • @MartinSadlier
    @MartinSadlier 4 месяца назад

    Love watching your videos Terry and would definitely like to see a follow up

  • @gordonnicholson6226
    @gordonnicholson6226 4 месяца назад +3

    I enjoy watching Terry's commentaries on all things legal, but I feel v sorry for those who are trying to get on the housing ladder, who see financially well-padded individuals making it virtually impossible, as they expand their portfolio.

  • @Derrmo
    @Derrmo 4 месяца назад +38

    €1800/mth for that? Minimum wage is €2000/mth. No wonder the country is fucked. There's no end to the greed in sight!

    • @Omar_Little
      @Omar_Little 4 месяца назад +16

      The fact that he posted this video with no sense of shame for his horrible avaricious deeds at the expense of struggling families and young people is horrific. Scumbag landlords should be embarrassed and ashamed of what they do.

    • @derekdempsey8506
      @derekdempsey8506 4 месяца назад +7

      ​@@Omar_Littlehave a lie down wiill dont be bitter

    • @That_Guy_In_The_Sky
      @That_Guy_In_The_Sky 4 месяца назад +2

      @@derekdempsey8506 Omar's still looks for more toys to throw out of his Pram🙂

    • @garymoloney-ce9kl
      @garymoloney-ce9kl 26 дней назад

      How much was it

  • @HannahMcSweeney-bd8vr
    @HannahMcSweeney-bd8vr 4 месяца назад

    Very interesting video. Look forward to follow ups. Enjoy your holiday.

  • @johnscales206
    @johnscales206 4 месяца назад

    I had to look at the video a second time.i think the property will need modernisation. I think you are the man for the job.I wish you the best of luck with the property.

  • @dazza4345
    @dazza4345 4 месяца назад +1

    Yes Terry.A follow up video on the close of sale and inspection of the property.Also it would interesting to see you plan for repairs etc and the costings .Also would you use an estate agent to lease the property?. Tnx Terry.

  • @Barnagh1
    @Barnagh1 3 месяца назад

    You’re very near the Neptune basketball stadium there. I sat a few of my FE1’s in there.

  • @martincrowe7843
    @martincrowe7843 4 месяца назад +1

    Wish you the best of luck Terry, would love to see how it works out..

  • @kcahill2777
    @kcahill2777 4 месяца назад

    Very good Terry , best of luck with it . 👍🏻

  • @VinBSunday
    @VinBSunday 4 месяца назад +2

    If the property title has a contesting pre-existing owner Terry could lose all his investment in an instant, if consent was not obtained. If the contract has a cooling off period I would use that asap in these circumstances.

  • @marykerrigan5076
    @marykerrigan5076 4 месяца назад

    yes love to follow the venture

  • @martinagriffin1981
    @martinagriffin1981 4 месяца назад +2

    I would be interested in follow up video and costings

  • @EugeneFromDublin
    @EugeneFromDublin 4 месяца назад +1

    Yes, I'm interested in Cork

  • @jb6368
    @jb6368 4 месяца назад +4

    Hse floging their old hse primary care centers around country. By fluke i found one for sale up ballyconnel cavan up for 35k. Hse literally estimated it on ber cert? Two bedroom concrete detached rural cottage with acre of private woodland. Electric connected,water connection,sewage connection. Water tight building etc. lying idle since 2016,,hse still paying electric,,mind boggles anyhow buying it easy its planning annoying me to get it from commercial to residential staus ,,its head hurting. Look around guys some excellent old hse building up for sale,well maintained. I taught never get on property ladder again. Didn't get it for 35k by way ended up closing at 60,k. Still steal,,cant wait til lease up in present rental property to make move and live rent/mortgage free.

  • @rhhial
    @rhhial 4 месяца назад

    Yes, I would like to see a follow up video to know how much you had to spend on it to prepare it for renting. Also, a video on the most common issues when buying at auction that you are aware of. My daughter is renting in Cork. €1800 for a 2 bed on a main road beside a pub, with no front garden seems too much.

  • @unhipmongo
    @unhipmongo 4 месяца назад

    Yes Terry, I would be interested in seeing how things work out. Thanks

  • @DarkoManco
    @DarkoManco 4 месяца назад +3

    You’re a gas man altogether, it feels like only last week you were sharing a cautionary tale of dealing with the RTB, and yet here you are again diving straight back in! The very best of luck with it, I can’t wait to see how you get on.

    • @terrygorry
      @terrygorry  4 месяца назад +6

      I don’t make decisions on limited data or sample size. I’m involved in property since December 1986. I was wiped out with the Celtic Tiger. But circumstances change 😉

    • @DarkoManco
      @DarkoManco 4 месяца назад +2

      @@terrygorry ah yeah, I’ve been watching your videos for a while, and know you are a man of broad and varied experience, and who has definitely seen both days. I guess we all take lessons from what we see that are broadly in line with our existing prejudices - the RTB video confirmed to me that I never want to a landlord, accidental or otherwise, in Ireland 😊 this latest venture for you could become a good repeating source of content apart from everything else, which I look forward to 👍

    • @mickdaly2778
      @mickdaly2778 4 месяца назад

      And what was that right price?

    • @robertdonegan7613
      @robertdonegan7613 3 месяца назад

      Hi terry would be open to go funding Enoch aimed bourges legal costs😢

  •  4 месяца назад

    Love to see follow up

  • @jaysonmaharaj8003
    @jaysonmaharaj8003 4 месяца назад

    Very interested! Love property content here in Ireland.

  • @okra7648
    @okra7648 4 месяца назад +1

    Ah no way! I lived in Blackpool.
    Looks like you did well.
    Yes, a follow up video would be appreciated.

  • @michaelruane7411
    @michaelruane7411 4 месяца назад

    Verry interested to see a follow-up Terry. Best of luck with it.

  • @alanfurlong-drummer4419
    @alanfurlong-drummer4419 4 месяца назад

    I’d love to watch a follow-up video if you get a chance Terry, Kind regards, Alan in Perth WA

  • @teabag141
    @teabag141 3 месяца назад

    Terry apart from what the yield might be and the general value of the purchase . I would be very interested how you came to see it as value and issues around the legal pack .. etc .. you obviously trusted your instinct to buy ..Thanks for posting..

  • @tomasomaher
    @tomasomaher 4 месяца назад

    Follow up would be great!

  • @GerHuet
    @GerHuet 4 месяца назад +5

    €1800 rent for that, wow. I have two rental properties in central Waterford city (7 bedrooms in all) which only generate €1800 pm. 😭

    • @That_Guy_In_The_Sky
      @That_Guy_In_The_Sky 4 месяца назад

      Aye, rent is low in Waterford for sure, a 2 bedroom apartment in Cork City will pull in €1,400 to €2,200 in reasonable to good locations.

    • @irish955
      @irish955 4 месяца назад +3

      But is that not a complete disgrace charging them prices I mean come on

    • @Omar_Little
      @Omar_Little 4 месяца назад

      @@That_Guy_In_The_Sky Why would it be a disgrace? Because you're doing it to leech off society and line your own pockets by providing nothing, and worsening a crisis in housing where young people cannot afford to buy homes.

    • @That_Guy_In_The_Sky
      @That_Guy_In_The_Sky 4 месяца назад

      @@Omar_Little Will ya stop the beans. I know of a young fella, finished his Degree in BIS (UCC) two years ago, he's churning €130k a year already.

  • @barbechivo
    @barbechivo 4 месяца назад

    Great to see you back talking about bread and butter issues instead of meandering off script and scolding naysayers for their comments. Pay them no mind. Their brazen effrontery evaporates when exposed to your radiant brilliance!!

  • @shayhoulihan4391
    @shayhoulihan4391 4 месяца назад

    Yes i would be very interested shay checking in from dublin Ireland thank you ❤❤❤❤

  • @zuzzuka2268
    @zuzzuka2268 4 месяца назад

    I would love to see follow up video. I live near this house and considering to buy a house in this area too

  • @liamlowry5713
    @liamlowry5713 4 месяца назад

    Interested in a follow up video. You took a big risk when sight unseen, there could be some surprises when you get inside.Then again if you got it for a fire sale price there's no worries you can always make it back and more i'm sure.

  • @PB111627
    @PB111627 4 месяца назад +1

    Good luck with your purchase you mentioned “possessory title” is that essentially squatters rights turned into a title?

  • @irish955
    @irish955 4 месяца назад +14

    I grew up in that area up the hill. Good luck getting 1800 a month for it. blackpool is very rough. You should have done more research

    • @garrettjoyce7699
      @garrettjoyce7699 19 дней назад +1

      Most rates in cork are over 2000€ on daft with really limited availability, before making throw away comments do your research 😂

  • @ministry_of_love
    @ministry_of_love 4 месяца назад

    You walked past my house up Shandon Street. It's in an area ready to be 'gentrified'. That is if the prices of houses keep rising.

  • @paulcostello7200
    @paulcostello7200 4 месяца назад

    Would like a follow up video for sure

  • @Omar_Little
    @Omar_Little 4 месяца назад +11

    The greed of scumbag landlords buying up all the homes in cities on a whim because "it is a good price", pricing us young people out of ever owning a home, so these rich pricks can profit off us forever. These actions are destroying any hope for our younger generations. Makes me sick.

    • @derekdempsey8506
      @derekdempsey8506 4 месяца назад +1

      Ah would you stop dont be bitter

    • @Omar_Little
      @Omar_Little 4 месяца назад +2

      @@derekdempsey8506 From another auld fella who was able to get a mortgage for nothing 20+ years ago and probably has multiple properties...

  • @raymondbyczko
    @raymondbyczko 4 месяца назад

    Would the local council allow maybe an art gallery to operate out of the premises?

  • @erichosford2693
    @erichosford2693 4 месяца назад

    Your spot on with your summary, €1,800 does sound a little ambitious but I wouldn’t be surprised if you get it,I have one nearby,best of luck with it 👍

  • @johnkeating7526
    @johnkeating7526 4 месяца назад

    Would love a follow-up thanks.

  • @brianwebb7109
    @brianwebb7109 4 месяца назад +3

    Big question , what did the property cost?

    • @anthonydowling3356
      @anthonydowling3356 4 месяца назад +2

      He wont say .The tax man may be watching ,so he should not have mention the potential 1,800 either .

    • @TomMac1
      @TomMac1 4 месяца назад +2

      He's a solicitor for feck sakes. He said he was going to get an agent to sort out the letting which means everything would have to be done by the books and the agent gets their fair share too

  • @joekelly7088
    @joekelly7088 4 месяца назад +20

    Not sure how youtube recommended this, but 1,800 for a two bed property in that condition on a main road beside a pub is a joke 😂

    • @anthonydowling3356
      @anthonydowling3356 4 месяца назад +1

      Insane prices old bean .He will probably get it .

    • @ronanhunt88
      @ronanhunt88 4 месяца назад +1

      Welcome to 2024!!

    • @curragh2840
      @curragh2840 4 месяца назад +7

      A lot of people are getting out of that business, including myself and their doing it for a reason.They say you can learn from experience but its cheaper to learn from someone else's.

    • @irish955
      @irish955 4 месяца назад +5

      And the area is rough too

    • @grlfcgombeenhunter2897
      @grlfcgombeenhunter2897 4 месяца назад +2

      It’s a bloody dog box but he will get it cause the country is broken

  • @bengilroy6139
    @bengilroy6139 4 месяца назад +3

    Do mind me asking, was it sold with the owner's consent?

    • @anthonydowling3356
      @anthonydowling3356 4 месяца назад +2

      Hardly as he said ownership was contested .

    • @bengilroy6139
      @bengilroy6139 4 месяца назад +3

      So he doesn't have any proper title to the property. I would get mu money back fast.

  • @boradley601
    @boradley601 4 месяца назад

    Please do Terry. Great Irish Content.

  • @lorrainebyrne2536
    @lorrainebyrne2536 4 месяца назад +2

    Women buy handbags and shoes on holidays.
    Terry buys a house. Keep us updated on the house development.

  • @BarMagnet
    @BarMagnet 12 дней назад

    What's the insurance cost? Does it cover flooding?

  • @johnocallaghan9252
    @johnocallaghan9252 4 месяца назад

    Yes curious to see

  • @riverpower9402
    @riverpower9402 4 месяца назад +1

    What's the history behind that pub being called The Gerald Griffin?

    • @chrisnagle100
      @chrisnagle100 4 месяца назад

      It is on Gerald Griffin Street. en.wikipedia.org/wiki/Gerald_Griffin

    • @riverpower9402
      @riverpower9402 4 месяца назад

      @@chrisnagle100 Did he live on that street or something?

    • @anthonydowling3356
      @anthonydowling3356 4 месяца назад

      @@riverpower9402 He lives in a rather nice bungalow with green fields surrounding it .

    • @riverpower9402
      @riverpower9402 4 месяца назад

      @@anthonydowling3356 Only trouble with that is... he's been dead nearly 200 years...

    • @anthonydowling3356
      @anthonydowling3356 4 месяца назад

      @@riverpower9402 He looks like a tough old bugger .He will probably live to 90 y ,because he would hate to let go .lol

  • @jdonoghue
    @jdonoghue 4 месяца назад

    Hi Terry - bring on the follow up?

  • @johnmccormack4498
    @johnmccormack4498 4 месяца назад +1

    How much did it cost?

  • @malachy1847
    @malachy1847 17 дней назад

    Thinking that you by Profession well versed in knowing what you have with,''Possesory Title' so that you wouldn't be phased by that paperwork, drawing your Legal Slide Rule through same, this is a bit like what was it Mark Twain said, ''Buy land they're mot making it any More.'' good luck with this Investment for the Future...

  • @johnbennett5595
    @johnbennett5595 4 месяца назад

    Best of luck with the purchase Terry. Would like to see how it works out for you. Always thought about purchasing a rental property myself but held back due to all the horror stories.

  • @Sean-fb7cy
    @Sean-fb7cy 4 месяца назад

    Follow up video would be of interest

  • @anthonyhalpin66
    @anthonyhalpin66 4 месяца назад +1

    Parking is an important consideration, looks a bit ad hoc to me?

  • @Margaretmcgrath-d4b
    @Margaretmcgrath-d4b 4 месяца назад

    Im not a landlord and Ive no interest in being one.I do look at the Bidx site occasionally.I have alerted some young people,who are looking for homes to houses that are for sale and seem to represent good value. They dont seem to have interest.

  • @lavignemorte
    @lavignemorte 4 месяца назад

    I'll stay in France so. Two bed house in my area
    €450 per month for a nice 2 bed not next to a pub with a garden. For something like that in a not nice area here perhaps 350 per month.

  • @comfysofa78
    @comfysofa78 4 месяца назад +1

    Really want to see inside now 😂

  • @michaelgarvey1540
    @michaelgarvey1540 4 месяца назад

    would love to see how it works out for you and I'm sure it will be a nice home for somebody to rent which is so badly needed

  • @hilltop521
    @hilltop521 4 месяца назад +1

    Hi risk when you don't see the property Good Luck

  • @tightmarker9924
    @tightmarker9924 4 месяца назад

    Follow up it is 👍

  • @johndolan3752
    @johndolan3752 4 месяца назад

    Hi, is it vacant position?

  • @conormckenna2090
    @conormckenna2090 4 месяца назад

    1800 a month 132k purchase price. Over 16% yield if can get it, That's insane. Personally dont see it renting that high , but fair play if you get it.

    • @terrygorry
      @terrygorry  4 месяца назад

      What if I only get 1,600🤔

  • @micktimoney1480
    @micktimoney1480 4 месяца назад

    Plenty of schools nearby 24hour petrol station /shop around the corner blackpool shopping centre 10 minutes walk cork city centre 15 minutes walk hospital 10 minutes walk pub next door what more could you ask for ....best of luck with your investment

  • @backyardprojects9945
    @backyardprojects9945 4 месяца назад +1

    Follow up vid plz.

  • @johnpgray
    @johnpgray 4 месяца назад

    Interested in follow-up 👍