A 97ac farm with a derelict farmhouse is on the market near Aglish, Co Waterford, with a guide price of €890,000.

The property is in the townlands of Knocknaglogh Lower and Lisgriffin and is for sale by private treaty from REA Spratt.

The holding is conveniently located and close to busy towns. These include Dungarvan (14km), Youghal (19km), Aglish (6km) and Cappoquin (15km). It is also within easy reach of the N25 Waterford to Cork route (9km).

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Approximately 71ac of the holding is in grass and there is also 26ac planted to Skitka spruce forestry. The forestry is well fenced and stock proof.

There is a former quarry on the land – it is no longer operating. There is also a four-bay cattle shed, with adjoining cattle handling facilities, and a number of adjoining cut stone out offices.

The majority of the land is in permanent pasture, a small portion is in forestry.

In the centre of the farm there is an old two- storey farmhouse. It is now in poor repair but with Government grants of up to €70,000 available for refurbishment, it could qualify for the Vacant Property Refurbishment Grant (VPRG).

The farm has a natural water source and an electricity supply is available. Information on substantial EU Basic Scheme payments and forestry payments will be provided by the auctioneers to genuinely interested parties.

The farm is in one block..

The property may be brought to auction at a later date, the auctioneers tell Irish Country Living, but is already generating considerable interest for its size.