Although Drinagh in West Cork is only a small village on the map, its importance in agricultural terms far exceeds its modest size.
The name is associated not only with the cooperative and chain of outlets that bear its name, but also with a vibrant farming community in a part of the world where progressive agriculture is part of the landscape.
The latest offering from Clonakilty based Hodnett-Forde Property Services is located just south of the village of Drinagh (approx 1km) and is a great example of an opportunity to purchase a good quality farmhouse.
Located in the township of Drinagh, the farm consists of 34 acres divided into three separate lots. Lot A consists of 16.18 acres of land with an abandoned residence. Lot B contains 16.11 acres and Lot C is 1.58 acres.
The land is all pastured and securely fenced according to the sales agents and there is good road frontage on both sides.
The accommodation is a two storey traditional style converted farmhouse. It is in a completely derelict state and is accompanied by several outbuildings (including a hay barn and a series of stone buildings), offering potential for renovation for the next owner.
“The farmhouse would have the advantage of having good frontage on several sides,” says sales agent John Hodnett. “The land is in pasture but it will require reseeding. There’s little to no waste on it, though… It gives different options in how it’s presented.
“The house would require a complete renovation. However, it has a southern aspect in a very secluded area, and it’s flanked by a selection of broad-leaved trees. The outbuildings would be stone, for the most part. These would be old-fashioned farm buildings. And then on the other side of the track, there is a hay barn.
There is already good interest in this property – both in the individual lots and in the property as a whole. In fact, there is currently on-farm supply, Hodnett confirmed.
While there is no doubt that this farm is in a much sought after part of the world with many progressive farmers, the fact that the land requires reseeding limits the value somewhat.
This makes property all the more desirable in a way, as it is a more affordable opportunity to acquire acreage. The price guide of €250,000 to €300,000 (€7,300 – €8,400/acre) reflects this.