Going under the hammer next month is a versatile 62ac farm at Smithstown, Castlecomer, Co Kilkenny, with strong potential.

At its heart is a traditional two-storey, three-bedroom farmhouse set back from the public road on a 6.5ac parcel. Vacant for several years, the house requires full refurbishment and is likely to qualify for the Vacant Property Refurbishment Grant (VPRG).

Several stone outbuildings surround the house, leading to the farmyard which includes a four-span, round-roofed shed, a five-span lean-to with concrete floors, a silage pit, a cattle crush and a pump house. While in need of modernisation, the existing infrastructure provides a solid base for a substantial farming enterprise.

Stretching from the yard down toward the road, the 6.5ac of land is divided into two fields. Adjoining this is a 20ac block set out in four divisions, and across the road, there is a further 7.5ac plot. Suited to grazing or silage production, all three parcels have good frontage.

Near the 7.5ac parcel is a 28ac block which lends itself to summer grazing and silage. This plot also contains a derelict farmhouse, presenting additional residential scope.

Listed with Joseph Coogan auctioneers, the farm will be offered in a combination of lots at the Coogan Auction Room, Ballycomey House, Castlecomer, on Friday 6 November at 3pm.

Lot 1, the farmhouse and yard on 6.5ac, is guided at €250,000; Lot 2, the adjoining 20ac of land, at €520,000; Lot 3, the combined Lots 1 and 2, at €770,000; Lot 4, the 7.5ac plot, at €80,000; Lot 5, the 28ac parcel with derelict farmhouse, at €320,000; and Lot 6, the entire, at €1.17m.

Given its layout and flexible purchase options, the farm is likely to appeal to a broad range of buyers, from those seeking a standalone residential holding to established farmers.