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Independent.ie

Saturday 10 December 2016

Period property on 80ac in Galway sells for just shy of a million

Jim O'Brien

Published 24/06/2015 | 02:30

Feaghmore House, Co Galway
Feaghmore House, Co Galway

FEAGHMORE House set on 80ac at Eyrecourt in Co Galway sold at auction last week for €990,000.

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The property (pictured) sold in two lots and came in just shy of its €1m guide.

The parcels included a renovated period house, an extensive range of modern farm buildings, and a guest maisonette.

The farm, which was home to the renowned Karoola Pedigree Charolais herd, developed by Tony Brady, has been described as top quality fattening lands.

It is situated at the heart of East Galway, 4km from Eyrecourt, 12km from Portumna and 20km from Ballinasloe.

Selling agents DNG Ger O'Toole described the roadside lands as all in pasture and serviced by an internal roadway.

Divided into several blocks for easy management, the fields have piped water, border hedging and mature boundaries.

The farmyard has an extensive array of modern buildings including two four-bay double cubicle sheds, each with a slatted tank and a three-bay hay barn with double lean-to, together with a selection of loose sheds.

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The property is laid out in two natural units divided by a local road with a 30ac portion surrounding the house, while across the road is 49ac parcel with the central roadway.

At the centre of the 30ac is the cut stone period residence which was completely and tastefully refurbished a number of years ago.

Adjacent to the house is a cut stone courtyard containing a two-bed maisonette extending to 1,163sqft.

The equestrian accommodation includes five stables, a selection of loose sheds and workshop.

The grounds are made up of stepped lawns, raised beds together with a polytunnel and greenhouse.

At auction the lots attracted the most interest, with two bidders actively pursuing each lot.

The non-residential land extending to 49ac opened at €380,000 and was bid to €450,000, while the house on 30ac opened at €400,000 and was bid to €540,000.

On a number of occasions during the sale auctioneer Ger O'Toole sought interest in the entire property but the lots attracted the real action.

Eventually the lots were put on the market at €450,000 and €540,000 respectively and sold at those prices.

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