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Independent.ie

Saturday 10 December 2016

Property: Carlow farm almost makes the million

JIm O'Brien

Published 29/06/2016 | 02:30

A 77ac farm at Knocklonagad, Garryhill, Fenagh in Co Carlow sold in its entirety under the hammer last week for €985,000, exceeding its guide by €185,000.

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Located 30 minutes south of Carlow and 15 minutes from the M9 intersection at Junction 5 the farm was bought by the current owners in 1998 and has been carefully refurbished inside and out leaving a genuine walk-in property .

The house is a three-storey construction. Originally in two storeys the current owners raised the roof to create the third floor. The four-bedroom house is in top class condition.

The farmyard has a great array of buildings where all the old granite outhouses have been maintained and developed along with some fine modern structures. Other facilities include a stud-railed, enclosed sand arena close to the yard.

The lands are made up of dry fertile ground in a mix of tillage and grass with 40ac in corn and the rest in a mix of reseeded ground and a small piece of old pasture.

The farm is fenced with a mix of original hedgerow and stock-proof fencing suitable for sheep.

Bidders

With decent road frontage on to the main Garryhill to Borris Road and on to a secondary road there are 65ac around the house and a 12ac parcel across the road from the main entrance. Both parcels have river frontage on to the Corries River.

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At a packed auction house the property was offered by Raymond Potterton in its lots with the 12ac piece first up.

This attracted three bidders when it opened at €70,000 and was bid to €132,000 before it was held. The house on 65ac brought out two bidders when it opened at €700,000 and was bid to €710,000.

At this stage the guide for the entire was exceeded and the entire was offered and opened at €850,000.

Three active bidders drove it to €960,000 when Mr Potterton called a recess. On returning he put the property on the market at €960,000 and it sold at €985,000 to a Carlow farmer from the general area.

The sale was jointly handled by Raymond Potterton Auctioneers and Kearney Auctioneers, Bagenalstown.

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