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€13,333 per Acre – Raymond Potterton Sells Co. Cavan Property Through Successful Auction

€13,333 per Acre - Raymond Potterton Sells Co. Cavan Property Through Successful Auction

LSL congratulates Raymond Potterton on the successful auction sale of a property, Residence and Farm, located in Co. Cavan. The property, which sits on approximately 18 acres of land, was sold this afternoon and received numerous bids from interested parties.

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The Residence, a charming traditional two-story farmhouse, is in need of restoration but offers great potential for refurbishment. With new refurbishment grants available, the property presents a particularly attractive investment opportunity for buyers looking to add further value.

The land surrounding the property is in superb condition and is well fenced, gently sloping towards a fast-running stream. This makes it an ideal location for those looking to create a model small holding or pursue farming activities.

A substantial farmyard, located on the road frontage, provides useful accommodation in three good steel-framed sheds and a quality concrete yard with cattle handling facilities. The yard is adjacent to the residence, making it convenient for those who plan to use it for farming purposes.

During the auction, the property received numerous bids, with the winning bid of €240,000 coming in from an interested buyer. This successful sale is a testament to the potential of the property and the interest it generated among buyers.

The Residence and Farm in Co. Cavan present an excellent opportunity for anyone looking to invest in a property with great potential for restoration and use as a small holding or for farming activities. LSL congratulates Raymond Potterton on the successful sale and wishes the new owners all the best with their new property.

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