Friday, April 19, 2024
10 C
Galway
HomeFarming News3-bed cottage requiring ‘total’ refurbishment makes €126k at auction
Catherina Cunnane
Catherina Cunnanehttps://www.thatsfarming.com/
Catherina Cunnane hails from a sixth-generation drystock and specialised pedigree suckler enterprise in Co. Mayo. She currently holds the positions of editor and general manager at That's Farming, having joined the firm during its start-up phase in 2015.
Reading Time: 2 minutes

3-bed cottage requiring ‘total’ refurbishment makes €126k at auction

The “highly anticipated” sale of Derry View House, Croneyhorn, Carnew, Co Wicklow through a public auction marked a “positive start” to Quinn Property’s 2022.

That is according to the firm’s David Quinn, who put the “well-located” two-storied cottage on a circa 1.2-acre site under the hammer on February 15th, 2022.

Ahead of the auction, the renowned livestock and property auctioneer explained that the residence needs “total” refurbishment and upgrading.

Quinn reported that the listing attracted  “a large volume of enquiries”, with almost ten registering to bid.

Ahead of the auction, he guided the property between €100,000 and €120,000.

Carnew house: Post-auction report 

Bidding opened at €75,000 and “swiftly rose” to €100,000. With four further bids, the property reached €120,000, and at that point, Quinn declared it ‘on the market’.

- Advertisement -

He said it looked as if the hammer might fall at €124,000 after he gave fair warning to the room.

However, a bidder ‘promptly’ made an additional offer of €126,000, which was the final bid of the day. His hammer fell at €126,000 for Derry View House.

Afterwards, David Quinn said the auction saw “competitive bidding and provided a strong result as the property requires significant works”.

Farm for sale in Scotland

Meanwhile, Lower Porterbelly Farm – a stock rearing operation with three dwellings – in Dalbeattie, Scotland, has just hit the market with an £800,000 (approximately €965,000) guide price.

C & D Rural is overseeing the sale of the “substantial” farmhouse, steading with a range of traditional and more modern buildings together with two cottages across 52-acres (21.04ha).

A spokesperson for the property firm said:

“The property provides great scope and opportunities for farming or diversification in a superb location.”

“Therefore, viewings are highly recommended to fully appreciate both the secluded, accessible location and the accommodation on offer.”

Read this listing in full.

To include your listing, email – [email protected]

- Advertisment -

Most Popular