A 112.6-acre residential grassland farm at Ummera, Macroom, Co Cork, is keenly priced at €480,000 or circa €4,300/acre. The property, which has just been brought to the market in the past week by auctioneer Killian Lynch, Macroom, comes with a derelict cottage and some old stone outbuildings.

Accessed from a long private laneway, the farm extends back in an irregular-shaped block that features circa 20 acres of forestry planted right in the middle. Generating an annual premium of circa €3,500 with seven years remaining, the forestry is found on the highest point of the farm while the land on either side is gentle sloping. It would be described as “high ground suited to grazing”. To the right of the lane as you approach the house, there is a large area of parkland that features a range of mature trees. The cottage residence and the outbuildings are in need of complete refurbishment.

Located six miles west of Coachford and just a mile east of Macroom, the property has been used as an out-farm for a number of years and will be offered in one lot only by auction on 17 December in the Castle Hotel, Macroom, at 3pm. Given the keen guide price of €4,300/acre, the property is generating some forestry-based inquiries as well as interest from local farmers.