'Well-minded' 69.4-acre Roscommon farm is withdrawn
Sean Doyle of Maynooth had expected a 69.4ac residential farm at Ardmullen, Kiltoom, Co Roscommon, to do well at auction and was disappointed he had to withdraw the property after bidding stalled at €670,000.
Located 11km from Athlone, the holding is described as a well-minded farm with a fine house, good facilities and includes 1.75ac of productive bog.
The main lands extending to 66.64ac that are made up of prime, highly fertile fattening ground.
The fields have access to water throughout and are fenced with traditional stone walls. There is a good yard, with modern facilities consisting of a five-bay slatted shed and a five-bay haybarn and all the necessary cattle handling facilities.
The house is a two storey, three-bedroom, traditional farmhouse in excellent condition.
At auction the farm was offered in four lots. The house and yard on 53.77ac was bid to €560,000, while 13.87ac of grassland opened at €80,000 and two bidders took it to €110,000. There were no bids on the 1.75ac of bog.
Mr Doyle then sought bids on the entire, which opened at €580,000 and held at €610,000, quite some distance shy of the €670,000 bid on the lots. With no further offers coming on the lots, the farm was withdrawn.