Farm Ireland

Friday 23 March 2018

71-acre Meath farm sells for €100,000 above the guide price after brisk bidding

Jim O'Brien

Jim O'Brien

A 71 ACRE farm with a substantial house and extensive yards at Bellewstown, Navan, Co Meath sold under the hammer last week for €870,000, exceeding its guide by almost €100,000 and making more than €12,250/ac.

Situated between Navan and Trim, the farm is home to a sizable stable yard and 71ac of top quality land. The residence is a two-storey farmhouse built in 1913.

It is in relatively good condition, according to John Harrington Jnr of joint selling agents Smith Harrington, and is "liveable in" but needs refurbishment.


The yard is made up of a number of fine modern buildings on a concrete surface suitable for bloodstock or livestock.

It includes 12 loose boxes, a tack room, a three-bay hay shed, a seven-bay sheep shed, a lean-to and two other storage sheds, while adjacent to the house is a car garage.

The land extends to 71ac and is made up of good Meath grassland laid out in six fields with good fencing and water.

There is substantial road frontage on to two roads, with 260m on the Commons road and 825m on the Bellewstown road.

Also Read

The property was offered in two lots with the house on 0.872 ac making up one lot and the yard on 70.531ac making up the other.

On the day there was interest only in the entire and auctioneer John Harrington, acting on his behalf and on behalf of joint agents, North's Property, opened proceedings when he accepted a bid of €500,000.

With four bidders in the chase the amount on offer rose quickly until the property was put on the market at €800,000.

And when the hammer finally fell at €870,000, the property was bought by a woman from outside the area.

Indo Farming