Farm Ireland
Independent.ie

Wednesday 23 August 2017

See the 171ac Offaly farm that sold for less than expected

The 171ac farm is located near Cloneygowan on the Offaly border close to Portarlington
The 171ac farm is located near Cloneygowan on the Offaly border close to Portarlington
Jim O'Brien

Jim O'Brien

Ashmount House on 171ac at Cloneygowan, Co Offaly sold under the hammer recently making €1.64m, somewhat shy of its €2m guide. A 6.35ac piece sold after auction for around €50,000

The property is located near Cloneygowan village about 19km from Tullamore and 6km from Portarlington with access to the M7 and M6.

It includes the house and yard with the land comprised of tillage, grazing ground, forestry and Christmas trees.

Built around 1850 the house is a three-bay, two-storey construction that has had various additions over the years and now covers 2,583sqft.

In sound structural condition, the building was completely re-plumbed and rewired in the last 11 years.

The accommodation includes an entrance hall, a drawing room, dining room, a fitted kitchen, a guest WC, a utility and a family bathroom.

The residence and farm is located close to Portarlington and will be auctioned in lots early next month
The residence and farm is located close to Portarlington and will be auctioned in lots early next month

There is also a space that could be used as a study or a bedroom.

Upstairs are five bedrooms and two bathrooms. The house maintains many of the original Georgian features such as ornate plasterwork and timber floors.


To the rear of the house is a traditional yard with a number of stores and sheds including a lofted workshop. The farmyard is accessed by its own entrance and comprises a range of modern and older buildings.

These include a four-column, slatted hayshed with dry bed lean-to sheds with space for up to 45 sucklers.

There are also cattle handling facilities along with a silage slab and a four-span hayshed with a lean-to.

The 171ac farm is divided by the railway line with the house and yards on 40ac to the south of the line and about 124.5ac to the north and a small 6.35ac separated from the rest.

Forestry

The land is in grass (94ac), tillage (40ac) and 37.5ac of forestry. A 35ac portion of forestry was planted in 2000 and attracts €7,490 in annual premiums with two years remaining while 2.5ac of Christmas trees planted 20 years ago has no premium remaining.

At auction the interest was in the entire which opened when auctioneer Paddy Jordan accepted a bid of €1m.

With four bidders in the chase it was bid to €1.6m where it was put on the market and sold at €1.64m to two agents acting in trust.

The additional 6.35ac parcel was withdrawn at auction at €40,000 and sold afterwards for around €50,000.

Indo Farming