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Independent.ie

Friday 20 October 2017

Lough Ennell property should attract interest

Jim O'Brien

Jim O'Brien

A guide price of €382,500 is being quoted for a 66ac property on the shores of Lough Ennell in Co Westmeath that goes to auction next week.

Once the site of a stately home, the property's fortunes have been in decline for some time and the holding's old period residence and a range of outbuildings are now derelict and in ruins.

Located outside Mullingar, Tudenham Park, Rochfort Demesne was built in the mid-18th century for the Rochfort family of Belvedere House.

But the substantial Georgian house is now roofless and all that remains intact are the external walls.

ENTICING

However, it is the property's lands rather than its history that will entice bidders when the holding is put to auction on Wednesday of next week (December 11) in the Mullingar Park Hotel.

The lands are all in grass and have been in grazing for a number of years. It will also suit many interested parties that the holding will be offered in lots as well as in the entire.

The old farmyard will be offered with 30.8ac, 31.25ac is for sale with a further 1.96ac and a boathouse on the edge of Lough Ennell, while the old residence is for sale on 2.1ac.

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The guide price being quoted for the entire equates to €5,800/ac, which is an attractive price, and is certain to provoke interest, given the current buoyancy in the rural property market.

The sale is being handled by Gunne Auctioneers, Navan, Co Meath.

Irish Independent