Agricultural land for sale between Armagh and Newry usually generates a lot of interest from potential bidders and sells for high prices. A residential farm extending to 55 acres has recently been offered for sale in this area by Newry-based auctioneers Best Property Services.
The property is located near the village of Loughgilly, around halfway between Armagh and Newry, and has a guide price of £750,000, or £13,636/ac (€856,556, or €15,574/ac).
The land block is divided by the Rathconvil road, a relatively quiet back road which connects two B-roads. The dwelling, farmyard and over half the farmland is positioned on one side of the road, with the remaining land running parallel to the Rathconvil road on the other side.
The buyer of the property will be granted vacant possession of the yard from 1 April 2019.
The farm
The farm is laid out in grass at present and has dry soils. When the farm was walked last Friday morning, conditions were extremely firm below foot, even with heavy rain in the middle of last week.
Most of the land is on gentle slopes, which helps water run-off. The steepest part of the farm is on the side of the road opposite the farmyard, where the land runs into a glen at the bottom of the fields.
Several fields on the far side of the road have been merged together, although partial hedgerows still exist and could be useful for subdividing fields in the future. The perimeter of each field is well fenced with sheep wire and drinkers for livestock in place throughout the farm.
The land on the same side of the road as the farmyard is not as steep and has good shelter, with a series of well-maintained hedgerows. Some of this land block runs along the Rathconvil road and the rest runs behind the farmyard into a point. At the furthest point from the yard, there is an acre of ineligible vegetation. The rest of the land is of good quality and has been well maintained, although some of the grass swards could benefit from reseeding.
Most fields have shelter, with a series of well-maintained hedgerows.
Yard
The farmyard has a range of sheds and outbuildings which are being let out at present. The eventual buyer of the property will be granted vacant possession of the land on completion of the sale, and the yard from 1 April 2019.
The farmyard includes a four-bay slatted shed, with the pens and feeding passage under a round roof. The other main farm building is a four-bay portal frame shed with a solid floor. There is a three-bay, round-roof shed with a solid floor and a cattle feed manger. There is another shed of the same size and design, but with a gravel floor and a one-bay lean-to. There is also a range of traditional farm outbuildings with slatted roofs throughout the yard. The house is positioned in front of the farmyard and is on an elevated site with good views of the surrounding countryside. The garden has been well maintained and includes various trees and bushes, as well as a sizeable lawn.
The two-storey house is a traditional stone-built property, with three bedrooms.
House layout
The two-storey house is a traditional stone-built property that is need of modernisation. Another option is that the site could be eligible for a replacement dwelling from local planning authorities.
On the ground floor of the house is a kitchen with high and low units, an integrated washing machine and fridge, a ceramic cooker and partially tiled walls. There is a Rayburn stove in the living room and an open fire with tiled surround in the dining room.
The bathroom and three bedrooms are located upstairs. Two of the bedrooms have an open fireplace with tiled surrounds and one bedroom has a built-in wardrobe.
The property is available as a whole or in lots, Basic Payment entitlements are not included and the closing date for offers is 14 December 2018. Best Property Services has reserved the right to have an auction among the remaining bidders at its office after this date to conclude the sale.
The farm is laid out in grass at present and has dry soils.
Tight supply drives prices in Armagh
Armagh had the highest county average across Ireland in our annual Agricultural Land Price Report last year at £13,341/ac (€15,160/ac). Since then, reports from auctioneers and land agents indicate that the market has been rising in some parts of the county and land prices remain firm elsewhere. Prices of £15,000/ac (€17,131/ac) are not uncommon and several properties have breached the £20,000/ac (€22,843/ac) mark in recent times. In counties Armagh, Down and parts of Tyrone, a strong demand for land comes from farmers involved in profitable sectors, such dairy, poultry and pigs, as well as farmers that have off-farm income and business people that are looking to invest in land, often for inheritance tax relief.
The land is also of good quality in these areas and the other major factor driving prices is the limited supply of land coming on the market.
Although Armagh is the smallest county in Northern Ireland (NI) geographically, it has a significantly lower area of agricultural land offered up for sale compared with other counties in NI. Our records show that 1,195 acres of land (excluding hill and forest) have been publicly advertised for sale in Co Armagh this year so far. This compares with the next lowest NI county of Fermanagh at 2,219 acres, and the highest NI county of Tyrone at 3,216 acres.
Read more
Continued strong guides in Tipperary
Multi-purpose lands in Munster
Agricultural land for sale between Armagh and Newry usually generates a lot of interest from potential bidders and sells for high prices. A residential farm extending to 55 acres has recently been offered for sale in this area by Newry-based auctioneers Best Property Services.
The property is located near the village of Loughgilly, around halfway between Armagh and Newry, and has a guide price of £750,000, or £13,636/ac (€856,556, or €15,574/ac).
The land block is divided by the Rathconvil road, a relatively quiet back road which connects two B-roads. The dwelling, farmyard and over half the farmland is positioned on one side of the road, with the remaining land running parallel to the Rathconvil road on the other side.
The buyer of the property will be granted vacant possession of the yard from 1 April 2019.
The farm
The farm is laid out in grass at present and has dry soils. When the farm was walked last Friday morning, conditions were extremely firm below foot, even with heavy rain in the middle of last week.
Most of the land is on gentle slopes, which helps water run-off. The steepest part of the farm is on the side of the road opposite the farmyard, where the land runs into a glen at the bottom of the fields.
Several fields on the far side of the road have been merged together, although partial hedgerows still exist and could be useful for subdividing fields in the future. The perimeter of each field is well fenced with sheep wire and drinkers for livestock in place throughout the farm.
The land on the same side of the road as the farmyard is not as steep and has good shelter, with a series of well-maintained hedgerows. Some of this land block runs along the Rathconvil road and the rest runs behind the farmyard into a point. At the furthest point from the yard, there is an acre of ineligible vegetation. The rest of the land is of good quality and has been well maintained, although some of the grass swards could benefit from reseeding.
Most fields have shelter, with a series of well-maintained hedgerows.
Yard
The farmyard has a range of sheds and outbuildings which are being let out at present. The eventual buyer of the property will be granted vacant possession of the land on completion of the sale, and the yard from 1 April 2019.
The farmyard includes a four-bay slatted shed, with the pens and feeding passage under a round roof. The other main farm building is a four-bay portal frame shed with a solid floor. There is a three-bay, round-roof shed with a solid floor and a cattle feed manger. There is another shed of the same size and design, but with a gravel floor and a one-bay lean-to. There is also a range of traditional farm outbuildings with slatted roofs throughout the yard. The house is positioned in front of the farmyard and is on an elevated site with good views of the surrounding countryside. The garden has been well maintained and includes various trees and bushes, as well as a sizeable lawn.
The two-storey house is a traditional stone-built property, with three bedrooms.
House layout
The two-storey house is a traditional stone-built property that is need of modernisation. Another option is that the site could be eligible for a replacement dwelling from local planning authorities.
On the ground floor of the house is a kitchen with high and low units, an integrated washing machine and fridge, a ceramic cooker and partially tiled walls. There is a Rayburn stove in the living room and an open fire with tiled surround in the dining room.
The bathroom and three bedrooms are located upstairs. Two of the bedrooms have an open fireplace with tiled surrounds and one bedroom has a built-in wardrobe.
The property is available as a whole or in lots, Basic Payment entitlements are not included and the closing date for offers is 14 December 2018. Best Property Services has reserved the right to have an auction among the remaining bidders at its office after this date to conclude the sale.
The farm is laid out in grass at present and has dry soils.
Tight supply drives prices in Armagh
Armagh had the highest county average across Ireland in our annual Agricultural Land Price Report last year at £13,341/ac (€15,160/ac). Since then, reports from auctioneers and land agents indicate that the market has been rising in some parts of the county and land prices remain firm elsewhere. Prices of £15,000/ac (€17,131/ac) are not uncommon and several properties have breached the £20,000/ac (€22,843/ac) mark in recent times. In counties Armagh, Down and parts of Tyrone, a strong demand for land comes from farmers involved in profitable sectors, such dairy, poultry and pigs, as well as farmers that have off-farm income and business people that are looking to invest in land, often for inheritance tax relief.
The land is also of good quality in these areas and the other major factor driving prices is the limited supply of land coming on the market.
Although Armagh is the smallest county in Northern Ireland (NI) geographically, it has a significantly lower area of agricultural land offered up for sale compared with other counties in NI. Our records show that 1,195 acres of land (excluding hill and forest) have been publicly advertised for sale in Co Armagh this year so far. This compares with the next lowest NI county of Fermanagh at 2,219 acres, and the highest NI county of Tyrone at 3,216 acres.
Read more
Continued strong guides in Tipperary
Multi-purpose lands in Munster
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