Farm Ireland

Tuesday 21 November 2017

Historic home in Cork beats guide by €250k

Jim O'Brien

Jim O'Brien

In a clear sign that things may be moving across the board on the property front, a large 11-bedroom house on 6.5ac in West Cork sold at auction last week went under the hammer for €700,000. This surpassed the guide by €250,000.

Inchadoney House on 6.5ac at Inchadoney Island, is a mile from Clonakilty. It was owned by the Presentation Sisters and operated as a retreat centre.

While the 5,081sqft Georgian house is characterised by high ceilings, spacious rooms and much decorative detail, a good deal of work is required to bring it back to its former glory.

The property includes a separate building once used as a chapel along with a range of well maintained out offices. There are 5ac of grazing land around the house and a traditional walled garden extending to 1.5ac.

Local auctioneer John Hodnett, of Hodnett Forde, was delighted with the sale price.

"We had over 50 viewings of the property and up to five surveys were done. There is no doubt that this transaction is a sign that the property market in West Cork is buoyant," he said.


Meanwhile, in West Limerick the prices may not be as strong but properties are moving.

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The recent auction of a 19.5ac holding located at Craggs, Shanagolden, Co Limerick saw the Irish diaspora active as sellers and buyers.

The holding, a grass farm with no buildings, was offered for sale by public auction at the GVM auction rooms, Limerick City. Just one bid of €90,000 was forthcoming but a deal was concluded immediately afterwards for around €6,000/ac. The purchaser was an Australian resident with local connections.

According to GVM's Tom Crosse, everyone was happy. "The price was reasonable given the quality of the land and location," he said.

Irish Independent