New hot spot boils over as old bungalow hits the half million mark

ROSSCARBERY is a new hot-spot following a scorching auction result last weekend where a three-bed 30-year old bungalow with views went €200,000 over its price guide and even passed the half million mark.

And now the selling agents with that shock result under their belt have another rarity left to sell in the Warren Strand area of the same West Cork village.

John Hodnett of SWS Property Services was the man wielding the gavel on Friday of last weekend in the case of a bungalow at Burgatia, on a third of an acre site and a bit on the dated side. Views out, as opposed the house itself it seems, were the selling point.

Price guide was €350,000, but on the day at the local Celtic Ross Hotel there were six active bidders, and two who went head to head from €460,000 to finally sell for a whopping €552,000.

On the Mill Road at Burgatia, looking over the lagoon towards the sea, it was bought by a Dublin buyer, competing against a Skibbereen solicitor. The determined Dub spotted the property in the Irish Examiner while on a weekend break in Kilkenny, according to Mr Hodnett. He had the house 'on the market' set to be sold from €380,000, but the eventual selling price left everyone, including himself, gasping.

He is now also selling "the jewel in the crown as regards houses of character and locations in the Rosscarbery region," an old farmhouse with features like a huge open fireplace with bellows and fire crane.

The two-bed farmhouse, on an acre near the beach and within a few minutes walk of Rosscarbery itself, is fringed by mature sycamore trees giving good privacy while still allowing for sea views and views back across the causeway to Rosscarbery.

It was owned by an elderly bachelor and a friend of John Hodnetts, the late John McSweeney: "It was always a very happy house, I have great memories of going there for decades," commented Mr Hodnett.

It hit the market with a €250,000 plus guide, reflecting the amount of modernising needed, and is now under offer at €340,000 and currently climbing.

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