Longford farm set to tempt market
Published 25/01/2012 | 06:00
The auction season is off to an early start with some vendors and auctioneers anxious to test the market at the first sign of spring.
The sale of a 30.37ac residential farm at Ballintempan, Longford, will be closely watched when it takes place on February 10 at the Longford Arms Hotel from 3pm.
The property, which will be sold in lots, comes with a range of per-acre guide prices reflecting the varying quality of the land.
Auctioneer Frank Regan of DNG Frank Regan, Longford, anticipates the entire proceeds from the sale will exceed €250,000.
The farm is located three miles from Longford town on the R397 Athlone road. The house fronts onto the main road while much of the land enjoys frontage onto an adjacent side road. The first lot to be sold will comprise approximately 9.76ac that are separate from the residence.
Mr Regan describes this as the best of the ground and among the best land in the area, which is all free draining. The guide price on this section is €8,500/ac.
A second lot, comprising approximately 10ac, is situated across the road from the residence. It has road frontage onto the main Longford/Athlone road.
Mr Regan describes this land as significantly heavier than the first lot and suitable for summer pasture. This piece is being guided at €5,500/ac.