Back to site

©2024. All rights reserved.
Crafted by 4Property.

The Downs, Mullingar, Co. Westmeath


Type
Agricultural

Status
Sold

Size
222,577 sq.m.

Description

James L. Murtagh Auctioneers are delighted to offer for sale by Public Auction, this c.55 acre Forestry Plantation with derelict residence at The Downs, Mullingar, Co. Westmeath (in one or more lots).

The house comprises of a derelict cut stone residence and outbuilding on a c. 1.2 acre site. Although the residence is in need of complete renovation, it affords the prospective purchaser an excellent opportunity to re-develop and benefits from electricity on site. As the residence has been vacant for a number of years, the new owners may avail of the Vacant Property Refurbishment Grant. This grant is funded by the Department of Housing, Local Government and Heritage through the Croi Conaithe (Towns) Fund and you apply to your local authority. The grant provides funding for the refurbishment of vacant and derelict homes. One can get a grant of up to 70,000 if the property is derelict.

The holding is laid out in several neat divisions with the forestry comprising of c. 18 acres of Sycamore, c.32.2 acres of Norway Spruce and c.3.65 acres of Oak, planted in 2001. The forestry has been well maintained over the years, very accessible for harvesting and processing and inspection is highly recommended.

This holding benefits from two access points and if bought in its entirety, there is immense potential for the new owners to incorporate an avenue leading from the secondary Curraghmore road to their new home, nestled away among the countryside landscape.
This property is situated in an excellent location with access from the secondary Curraghmore road to the south of the holding and via a right of way from a local road to the north. The property is easily accessible to major road networks, less than 4km from the N4 and N52. The M6 and M6 is less than a 15 minutes drive from the residence.
Auction: 3.30pm on Thursday 23rd November 2023 at the Greville Arms Hotel, Mullingar, Co. Westmeath and LSL Auctions Online.
Solrs: Mr. John Wallace, N.J. Downes & Co., Mullingar. Ph: (044) 934 8646
Directions: From Mullingar, head on the Dublin Road towards the Mullingar Park Hotel, at the R156 roundabout take the first exit. Continue through the next roundabout onto the L5720 towards Curraghmore. At the end of the road, take the right and continue for approximately 2km and take the left (there is a private fenced laneway to the right). After taking the left, continue for approximately 1km and the entrance will be via a right of way on the right hand side, clearly identified by our James L. Murtagh salesboards.

Registration: In order to bid at the auction, it will be necessary to register with our office before 16th November 2023 The auctioneer assumes the bidder is bidding for himself or herself. If the bidder intends to purchase a lot in a name other than his or her personal name, arrangements must be made with the auctioneers in advance. By registering, you are deemed to have accepted the terms and conditions of the auction and authorised us, as agents for the vendor, to sign the completed contract for sale on your behalf. A deposit of 40,000 is required in order to bid for the property. These deposits are payable in advance of the auction by online bank transfer. Our bank details will be provided to you at registration. The successful bidder’s deposit will become nonrefundable as soon as the property is sold and a binding contract is entered into and the agents are hereby authorized to sign the Contract for Sale on your behalf. The deposit payable on the signing of the contract is 10% of the purchase price. If there is a shortfall in the deposit furnished by the purchaser prior to the auction, then the purchaser shall be required to lodge the balance of the deposit with the auctioneers within one business day of the online auction. If you are not the successful purchaser, your deposit will be returned to you in full. For further details contact us at James L Murtagh Auctioneers, 34 Mount Street, Mullingar, Co Westmeath Tel. 044 934 0088.

Privacy Policy

Pagespeed Optimization by Lighthouse.