Farm Ireland

Friday 20 April 2018

West Cork site to strike chord across the Pond

Ronnie Bellew

WEST Cork has long been a Mecca for British buyers, and Clonakilty-based auctioneer Henry O'Leary estimates that 80pc of his sales in recent years have been to buyers from the other side of the 'Duck Pond'.

Property hunters from Britain are again expected to lead the chase for a striking property just brought to the market in Dunmanway by Mr O'Leary.

However, he also anticipates plenty of Irish interest for the 13.5ac residential farm which ticks a lot of boxes at an extremely competitive guide price of €275,000.

Located at Mileenaning on the Clonakilty road, the property is a short walk from Dunmanway town and enjoys road frontage as well as frontage onto the River Bandon.

The residence extends to 2000sq ft including four bedrooms and it has been reroofed and fitted with new windows in recent years. A lofted stable is attached and the house is adjoined by a variety of older style farm buildings.

The new owner will have to invest in renovations, but Mr O'Leary says that buyers looking for a combination of tradition with potential will find it hard to better this property.

There is also the considerable bonus of the 13.5ac of land which will make the property of special appeal to hobby farmers looking for a base in a part of the country where the grow your own and organic farming movement was well established long before it became fashionable elsewhere.

Mr O'Leary says the 10ac closest to the house are easily worked and while they are currently laid out in grass they are suitable for most crops types. The balance of the land is slightly lower-lying and runs down to the banks of the River Bandon.

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The interest in this property and eventual selling price will be a good gauge of the state of the West Cork property market which Mr O'Leary believes is close to the bottom of the boom and bust cycle.

Irish Independent