€2.5m expected for 189-acre farm with period house in North Cork
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For sale with Charleville-based Ted Sheehan Auctioneers, a 189-acre farm is new to the market and comes complete with a Georgian home and a charming collection of outbuildings around a cobbled courtyard.
The land, meanwhile, is all organic and registered with the IOC, the agent assures, consisting mainly of grassland but containing a section of woodlands.
The property — Gibbinsgrove House — is located near the village of Milford, just 10km to the west of the busy market town of Charleville on the N20.
The farm straddles the R515, giving it an impressive 1.5km of road frontage, as well as making it conducive to selling in lots.
The selling agents are open to dividing the property in lots, depending on how the interest evolves. Traditionally, dividing a property as large as this one was usually the way to get the best price, but in recent years there has been a strong attraction for the rare large-holding.
On the northern side of the R515, there are 54 acres of grassland, with 125 acres on the southern side. This section includes the house, yard and outbuildings, as well as 10 acres of mature forestry. There are no forestry premiums but there are entitlements coming with the property that were worth €42,200 last year.
A two-bedroom gate house marks the entrance to a tree-lined lane leading to the house itself.
“The property is in need of refurbishment,” says Ted, “but it is a listed building… The lands are in good order throughout, with fields of reasonable proportions.”
The Georgian home holds immense potential. Accommodation includes an entrance hall, dining room, drawing room, kitchen, breakfast room, toilet and pantry on the first floor. On the second floor, there is a bathroom, toilet and three bedrooms, with three more rooms in the garret and five more rooms in the cellar.
The outbuildings are also in need of renovation and include a clock tower, numerous stables and loose boxes and a four-column hay barn.
The price guide of €2,500,000 (€13,000/acre) will prove tempting to the right buyer.
