Outstanding in its field: 34ac of prime arable land

Set to go for auction at the end of July is a residential farm in Ratheadon, Bagenalstown, Co Carlow.

Listed with REA Dawson auctioneers, the holding includes a three-bedroom farmhouse, a compact farmyard and 34ac of prime tillage land in the heart of the River Barrow Valley.

While requiring refurbishment, the traditional two-storey farmhouse retains elements of period character and offers good potential for redevelopment as a comfortable family home.

Having been vacant for some time, it is likely to be eligible for the Vacant Property Refurbishment Grant (VPRG).

Strong foundation for new farming enterprises

To the rear of the house is the yard, which includes a cluster of steel-framed, dry-bedded sheds alongside several traditional stone outbuildings and workshops. Collectively, these buildings provide a well-established base that provides a strong foundation for any new farming enterprise.

Set out in a single block with no waste, the land quality is very good and well-suited to tillage. With much of the neighbouring lands used for cereal production, the holding offers strong potential for arable farming and is expected to appeal to new entrants to organic or hobby farming, as well as existing local operators looking to expand.

The house and outbuildings are expected to achieve in excess of €150,000

Available in several lots, buyers can bid on: lot one, 11.5ac parcel of land; lot two, the farmhouse and outbuildings on 6ac of land; lot three, a 16ac parcel of land; or lot four, the entire. The lands are guided at €18,000/ac-€20,000/ac, while the house and outbuildings are expected to achieve in excess of €150,000.

Taking place at 3pm on 30 July at the Lord Bagenal Hotel, Leighlinbridge, Co Carlow, the auction promises to be an interesting one.