Into the west: renovation potential of farmhouse

A 48.5ac residential farm centrally placed in Co Mayo has recently come on the market. The property at Carracastle, Straide is for sale by private treaty and is listed with Castlebar-based Moran Auctioneers.

The land is all in one block and could be described as typical of the area. It is divided into seven larger fields, all of which are in grass. It has some road frontage onto the R321 and the house and yard are set a few hundred metres back from the main road. Access to them is via a laneway.

Along with the land, there is a yard which contains livestock accommodation in the form of a slatted house, a silage slab and an array of other farm buildings.

Along with the main residence, there is a derelict bungalow. This is closer to the yard and should qualify for the €50,000 Vacant Property Refurbishment Grant. Its presence opens up the opportunity for a prospective purchaser to lease out one of the two houses if they were to consider renovating it.

Main residence

There is also an option to purchase the main residence as a standalone option on circa1.3ac. Extending to 1,243 sq ft, the dwelling is a short distance from the yard. It has four bedrooms, all of which have built-in wardrobes and also included in the accommodation is a kitchen/dining area, living room and bathroom.

The house has double glazed windows and oil-fired central heating. To the rear of the house, there is a garage with roller doors and plumbing is in place for a toilet and a washing machine.

The property is located 10km south of Foxford and is very well situated in the county, just 3km from both the N5 and the N58 roads. There is a guide price of between €8,000/ac and €10,000/ac on this farm.

A further 17.4ac of land that was part of this farm is also listed for sale with the same agent. On the roadside, it is in one block and divided into two even sized fields. This is excellent ground and offers in excess of €10,000/ac are expected here.