Bargain buy has bags of potential

A HOUSE for €60,000? Well, it does need a bit of work and it is a bit far out — but for someone with patience, time and limited funds, this could be a great project.

The collapse of the economy is already creating a back-to-basics mentality in buyers and there are those out there now who want quality, rather than quantity in life. Living in the country, growing your own and thinking small but smart may be the future for some on this benighted isle, for which this property at Glounaglough, Rylane might be an answer.

It’s a typical smallholding — a farmhouse with lofted stone outbuildings and a slated, two-storey farmhouse in need of repair, certainly, with the bones of a fine conversion. And it’s not unattractive.

The property is north of Blarney/Tower and is also close to Macroom, while Rylane village is close by for essentials.

Tom Heffernan of Sherry FitzGerald Heffernan in Macroom is seeking offers in the region of €60,000 for the house and an acre of ground, but like everyone else in today’s market, he’s open to offers.