On the market at half the '07 value
Described as a lovely residential property, a 41.8ac farm in Ballyleigh, New Ross, Co Wexford is to be sold by public auction with a guide price of between €350,000 and €400,000 or €8,500-9,000/ac.
The holding was rented for a number of years under the Farm Retirement Scheme. It was bought about five years ago for a figure in the region of €800,000 by entrepreneurs who intended to develop an autocross motor racing track on the land.
However, while a 13.5ac parcel was drained with this in mind, the venture never happened. The entire holding was let in the intervening years, but now the farm is on the market as pure farmland.
The property is located just 2km from Ballywilliam and 7km from New Ross. The house and lands are in great condition and both are ready for occupancy, according to Anne Carton of New Ross selling agents PN O'Gorman.
The two-storey house was lived in up to recently and well looked after. Upgraded in the not too distant past, it contains all the modern conveniences. The accommodation includes an entrance hall, dining room, living room, kitchen and an ensuite bedroom on the ground floor, while upstairs are three further bedrooms and a bathroom.
The land consists of 13.5ac of pasture that was drained and reseeded by the current owners, while the remaining 28ac are in stubble. The lands are described as the best of ground, in great heart and having substantial road frontage.
The yard was upgraded about 20 years ago and includes a four-span shed with a three-span lean-to, a cattle shed and concrete yard with cattle handling facilities that include a cattle crush.
The farm will be sold at auction on Friday, 5 April at 3pm at the Brandon House Hotel, New Ross, Co Wexford.