Farm Ireland

Wednesday 21 February 2018

Longford farm set to tempt market

Jim O'Brien

Jim O'Brien

The auction season is off to an early start with some vendors and auctioneers anxious to test the market at the first sign of spring.

The sale of a 30.37ac residential farm at Ballintempan, Longford, will be closely watched when it takes place on February 10 at the Longford Arms Hotel from 3pm.

The property, which will be sold in lots, comes with a range of per-acre guide prices reflecting the varying quality of the land.

Auctioneer Frank Regan of DNG Frank Regan, Longford, anticipates the entire proceeds from the sale will exceed €250,000.

The farm is located three miles from Longford town on the R397 Athlone road. The house fronts onto the main road while much of the land enjoys frontage onto an adjacent side road. The first lot to be sold will comprise approximately 9.76ac that are separate from the residence.

Mr Regan describes this as the best of the ground and among the best land in the area, which is all free draining. The guide price on this section is €8,500/ac.

A second lot, comprising approximately 10ac, is situated across the road from the residence. It has road frontage onto the main Longford/Athlone road.

Mr Regan describes this land as significantly heavier than the first lot and suitable for summer pasture. This piece is being guided at €5,500/ac.

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The third lot is made up of the house and farmyard on 5ac. The house is a traditional old farmhouse that was a single storey residence until the 1920s, when a second floor was added.

The accommodation consists of three bedrooms situated upstairs, while downstairs there's a fourth bedroom, a living room, a sitting room and an extension to the rear that includes a kitchen and bathroom. The building is in need of complete modernisation.

The farmyard is an old-style yard comprising a three-bay hayshed, a garage and dated farm buildings.

The 5ac of land on which the house and yard are situated is described as very good ground.

Although the main entrance to the house is from the busy main road, Frank Regan explains that the land with the residence fronts on to the by-road and a new entrance could be developed on that boundary.

The house, yard and 5ac are being guided at €80,000.

The last lot is a 5ac parcel located in the townland of Gragh away from the residence and bordered by the disused canal spur that linked Longford with the Royal Canal.

This part of the property, which is described as good grazing ground, is accessed by right of way. The guide for this piece is €6,000/ac.

According to Mr Regan, the property at Ballintempan and Gragh will suit a variety of customers from the locality and further afield, and he expects a busy auction.

Indo Farming