Cavan residential farm goes for close to a million
Published 13/07/2016 | 02:30
A 136ac residential farm at Mountnugent on the shores of Cavan's Lough Sheelin sold in lots at auction during the week making €977,500.
Situated 9km from Ballyjamesduff , Woodlawn Farm is across the road from the well-known Crover House Hotel and Golf Club and includes a three storey over basement Georgian house, a farmyard, 136ac of land and a three-bedroom bungalow.
The main house is of early 19th century vintage and retains many of its original features but will take investment to bring it back to its Georgian glory.
The farmyard accommodation at Woodlawn is limited and includes an old lofted courtyard with traditional stone buildings. More modern buildings include a four-column haybarn, a three-bay slatted shed along with cattle handling facilities that include a cattle crush and pen.
A three-bedroom bungalow built in the last decade and in excellent condition was also sold with the farm. The accommodation includes a sitting room, living room, kitchen/dining room and a bathroom. Set on 1.6ac, the property includes landscaped gardens and a garage.
The land has been mainly used for dry-stock farming over the years and is described by selling agent Robert Nixon as the best of ground.
Laid out in large fields with natural hedgerows, the farm is dotted with fine stands of trees. A parcel of approximately 5ac is in forestry and a river that flows through the holding provides an ample natural supply of water.
At a packed auction room, the entire was offered first and opened at €750,000. With two bidders in action the price quickly reached €900,000 but after two further rounds of bidding it failed to move.