Midlands farm teed up for strong bids
A 133AC mixed residential farm at Newtown, Tyrrellspass in Co Westmeath is attracting a strong level of interest in the midlands. The holding, which includes 35ac of forestry, is under offer, with over €700,000 on the table at the time of writing.
Convenient to M6 at both Tyrrellspass and Kilbeggan, the holding is adjacent to the New Forest Estate and Golf Club.
The land is all in one block and is well sheltered by mature trees and hedges. While in grass and forestry, it is described by auctioneer Pat Gavin of Rochfortbridge as mainly made up of good grazing ground, with 40ac of elevated land particularly good. Mr Gavin says the farm is suitable for any farming enterprise.
The 35ac of forestry is made up of Norway spruce planted in 1996 with no premiums remaining. However, this species of timber is valuable when mature.
Located at the centre of the property is the residence and the yard, comprising a hay barn and a number of lean-to-type loose cattle sheds along with cattle handling facilities.
There is also a number of traditional-type sheds and some stabling. The yard also contains an old two-storey farmhouse dwelling fronting on to the farm yard that could be adapted for a variety of uses.
The main residence is on an elevated site and approached by a gravel driveway. The bungalow has four bedrooms, a livingroom,
a kitchen, utility and bathroom.
While the house hasn’t been lived in for a number of years it is structurally sound but could do with modernisation and refurbishment.
Pat Gavin reports that interest in the executor sale continues to be brisk with keen customers and firm bids being made. In the space of a week the amount on offer increased by over €100,000.
Mixed farm: The 133ac holding in Westmeath includes 35ac of forestry