Aughnaglace, Cloone, Co. Leitrim, Eircode Next DoorN41DE09
€50,000
What you'll like:
- Highly affordable entry point: Priced at only €50,000, this property represents an exceptionally low initial financial commitment for buyers seeking a rural renovation project.
- Generous site acreage: The included c. 1.5 acre plot provides ample outdoor space for gardens, landscaping, or potential future extensions subject to local planning rules.
- Peaceful rural setting: Situated in a quiet countryside location surrounded by mature trees, ensuring privacy and a tranquil environment away from urban congestion.
- Established natural boundaries: Mature trees and existing borders already frame the plot nicely, saving the buyer time and money on immediate boundary fencing.
- Compact footprint for budgeting: At approximately 52 square meters, the small scale of the cottage helps keep material and labor costs manageable for full refurbishment.
- Existing structural footprint: Retaining the old walls and structure can streamline planning applications for rebuilding or extending compared to securing a brand-new greenfield site permit.
- Proximity to local village: Located only about five kilometers from Cloone village, ensuring everyday amenities and services remain within a very short driving distance.
- Rural lifestyle appeal: The scenic surrounding countryside offers an attractive backdrop for buyers looking to escape to the country and embrace a slower pace of life.
- Rare market offering: Properties combining a traditional cottage structure with a substantial mature site seldom appear at this price point, offering strong uniqueness.
- Customization potential: The complete shell allows a visionary buyer to design a bespoke interior layout tailored entirely to their own modern aesthetic preferences.
- Renovation grant opportunities: Derelict rural properties in Ireland often qualify for substantial government refurbishment grants, potentially easing the financial burden of the works.
- Good project management scale: The modest size makes this an ideal manageable project for owner-builders or first-time renovators looking to learn hands-on construction skills.
- Scenic tree surroundings: Mature timber on the grounds adds instant character and mature landscape value that would take decades to replicate on a bare site.
- Accessible regional hub: Being based in County Leitrim places the property within reach of broader regional lakes, outdoor activities, and scenic tourism attractions.
- Direct agent contact: Represented by an established agency, ensuring straightforward communication channels for submitting inquiries and arranging potential site visits.
- Potential for energy upgrades: Deep retrofitting during the total overhaul allows the installation of high-efficiency heating and insulation for superior future comfort.
- Traditional charm retention: Restoring the historic stone or masonry exterior preserves authentic local architectural heritage while creating a unique modern home.
- Extension opportunities: The large 1.5 acre footprint provides plenty of physical room to expand the tiny 52 sq m footprint significantly outwards.
- Investment upside: Buying at a very low baseline creates strong potential value appreciation upon successfully completing a high-standard modern rural renovation.
- Clear project boundaries: The defined plot and cottage layout offer a well-contained canvas for architects and builders to visualize immediate structural interventions.
But keep in mind:
- Full refurbishment required: The building is described as derelict and needs complete renovation, meaning substantial capital expenditure beyond the initial purchase price is mandatory.
- Uncertain structural integrity: Buyers must investigate the stability of existing stone or masonry walls and roof timbers before committing financial resources to the purchase.
- Missing BER rating: No Building Energy Rating is provided, indicating the structure currently lacks basic heating or insulation and will score poorly on energy efficiency.
- Unknown room count specifics: The exact bathroom situation is unconfirmed, requiring buyers to verify if internal plumbing or septic infrastructure exists on the land.
- Planning permission hurdles: Expanding or rebuilding a derelict structure requires navigating local planning authority policies, which may impose strict design or occupancy conditions.
- Potential septic tank installation: Rural locations typically require private wastewater treatment systems, so buyers should budget for percolation test suitability and modern tank installation costs.
- Water connection verification: Purchasers must confirm whether mains water is readily accessible at the boundary or if a private well must be drilled on-site.
- Electricity supply check: It is essential to verify the status of historical electrical grid connections to ensure power can be safely restored to the cottage.
- Overgrown site clearance: The mature trees and natural boundaries may require extensive professional clearance and root management before heavy machinery can access the building.
- Access road suitability: Buyers should check the width and legal right-of-way of the approach roads to ensure heavy construction vehicles can safely reach the property.
- Hidden damp issues: Derelict stone cottages frequently suffer from severe rising damp and lack damp-proof courses, requiring costly remediation methods.
- Roof condition uncertainty: The roof structure may be partially or fully compromised, posing safety hazards during initial inspections and demanding immediate replacement.
- Asbestos risk in older materials: Older rural buildings occasionally contain hazardous materials like asbestos in corrugated roof sheeting, requiring professional testing and safe disposal.
- Local occupancy restrictions: Leitrim planning guidelines sometimes enforce restrictive local housing need clauses for rural dwellings, which buyers should verify carefully.
- Lack of immediate habitability: The property cannot be lived in during renovation, meaning buyers must account for alternative accommodation costs throughout the construction period.
- Boundary fence verification: The exact legal boundaries should be professionally surveyed against Land Registry maps to prevent any future neighbor disputes over land ownership.
- Contractor availability in rural areas: Securing reliable builders, electricians, and plumbers for rural Leitrim projects can involve significant scheduling wait times and travel surcharges.
- Insurance challenges: Vacant and derelict properties can be difficult or expensive to insure against fire and storm damage until active renovation work commences.
- Environmental and wildlife constraints: Mature trees and rural surroundings may harbor protected wildlife species or habitats, potentially impacting the timing of site clearance works.
- Total project cost overruns: Derelict renovations notoriously exceed initial budgets due to unforeseen structural defects, making a substantial contingency fund absolutely vital.
Price positioning
?
- The asking price of fifty thousand euros appears positioned below typical market expectations when considering the substantial development potential offered by a traditional derelict cottage accompanied by a generous one and a half acre site in a peaceful rural location.
- Valuation signals are heavily influenced by the requirement for complete renovation and refurbishment throughout the existing fifty-two square metre structure, which will demand significant capital investment before the property becomes habitable.
- Potential support for this pricing level stems from the scarcity of rural properties featuring mature trees and established boundaries, though the necessity of securing planning permission for extensive redevelopment could undermine buyer confidence.
- Additional relevance is found in the property's convenient proximity approximately five kilometres from Cloone village amenities, balancing secluded countryside living with accessible everyday services for purchasers seeking a rewarding rural renovation project.
Build Analysis
What we know from similar construction types
- The property is described as a traditional derelict cottage extending to approximately 52 sq. m., indicating that it requires full refurbishment and likely structural intervention.
- The listing notes the property is suitable for renovation and redevelopment subject to necessary planning permissions and consents, which a buyer should verify with the local planning authority.
- As the BER is not provided and the structure is derelict, a comprehensive structural survey is essential to assess the integrity of the walls, roof, and foundations.
- Buyers should investigate the availability and connection status of essential services such as electricity, water, and waste disposal on the site.
Retrofit Cost*
Possible renovating / insulating expenditure
- The BER rating is not provided, but the property is described as a traditional derelict cottage requiring full refurbishment.
- A deep retrofit and total renovation for a property of this size and condition typically ranges from €60,000 to €100,000+, depending on the extent of structural repairs required, installation of a modern heating system, insulation, and compliance with current building regulations.
Heating cost*
Estimated expense to heat this property every year
- Annual heating cost: Cannot be accurately estimated at present.
- Explanation: The property is a traditional derelict cottage requiring full refurbishment and currently lacks a functional heating system and a BER rating. Once fully renovated and properly insulated, heating costs will depend heavily on the chosen system and energy efficiency upgrades.
Pollution Safe
9/10Environmental situation to investigate
Flood Safe
8/10Water overflow reports to follow up
Recent Local Sales
Verified residential transactions published in the previous five years
Sales on the same street or estate
No verified results were found for this group in the previous five years.
Recent sales in the wider Co Leitrim area
No verified results were found for this group in the previous five years.
Source: Property Services Regulatory Authority (PSRA), Residential Property Price Register (PPR). Matching uses address information published by the PPR rather than measured map distance. It may omit nearby properties on differently named streets.
Last Sale
A confidently matched previous PPR transaction for this property
No confidently matched previous sale was found in the Property Price Register.
Buyer fees*
Associated expenses guide
- Stamp duty: approximately 1% of the purchase price (around €500), assuming residential status.
- Solicitor legal fees: roughly €1,500 to €3,000 plus VAT and outlays.
- Land registration fees: typically between €400 and €800 depending on the registration type.
- Property valuation fees: around €150 to €300 for a mortgage valuation if required.
- Surveyor fees: approximately €500 to €1,000, highly recommended given the derelict condition of the property to assess structural integrity.
- Annual home insurance: variable once renovated, but basic vacant or builder's risk policy may be needed initially, ranging from €300 to €1,000+ per year.
Forum Talk
What people are saying about this area
- Locals in the Cloone area often discuss the charm and potential of traditional rural cottages requiring restoration.
- Community discussions frequently highlight the appeal of countryside living in County Leitrim for those undertaking renovation projects.
- Residents value the peaceful rural setting while maintaining proximity to Cloone village for everyday amenities.
- Prospective buyers in the wider Leitrim region often share tips on navigating rural housing grants and planning permissions for derelict properties.
LifeFit Assessment
How well this property may suit your lifestyle
Family
7 areas- Young Children2/10
The property is a derelict cottage requiring full refurbishment, making it unsuitable for young children until extensive renovation works are completed.
- Teenagers2/10
Due to the current derelict state and lack of habitable space, teenagers cannot live here safely without substantial building projects.
- Multi-generational Living1/10
With an area of only around 52 sq. m. and requiring complete renovation, the layout cannot currently support multi-generational living without major extensions.
- Single Buyers6/10
A single buyer with a vision and budget for a project will find an affordable entry point at €50,000 to create a bespoke rural home.
- Couples6/10
Couples looking for a hands-on countryside renovation project will find the 1.5-acre site and traditional cottage an appealing venture.
- Empty Nesters4/10
While appealing for a rural downsize or project, the heavy construction effort required may be daunting unless outsourcing all renovation work.
- Retirees3/10
The requirement for full refurbishment and potential lack of modern accessibility features means retirees should carefully consider the scale of works involved.
Work
3 areas- Remote Working5/10
Remote working is possible in a rural retreat, but buyers must verify the availability and speed of broadband connections at this specific location.
- Hybrid Commuting3/10
The rural Leitrim location means hybrid commuting to major employment hubs like Dublin or Sligo will involve significant travel times.
- Retired6/10
Suits retirees looking for a peaceful countryside project, provided they budget for and manage the extensive renovation works.
Practical
8 areas- Ageing in Place2/10
The property requires complete renovation and lacks accessible single-level living features out of the box, requiring significant adaptation.
- Low Maintenance1/10
A derelict 52 sq. m. cottage on a 1.5-acre site requires intensive initial restoration and ongoing grounds maintenance.
- Secure Gated Entry3/10
The property currently relies on natural boundaries rather than a formal secure gated entrance.
- Minimalist Design4/10
The small cottage footprint allows for minimalist design concepts during the redesign, but structural constraints of a traditional cottage apply.
- Flexible Floor Plans3/10
With only about 52 sq. m. and two existing bedrooms plus kitchen/dining, layout flexibility is heavily restricted unless extended.
- Heritage Home8/10
Classified as a traditional derelict cottage, it offers authentic heritage features for restoration enthusiasts.
- Ecological Setup7/10
The 1.5-acre site with mature trees and natural boundaries provides a wonderful foundation for an eco-friendly or permaculture setup.
- Outdoor areas9/10
A generous c. 1.5-acre site surrounded by mature trees and natural boundaries offers vast potential for outdoor living spaces.
Interests
9 areas- Gardening9/10
The generous c. 1.5-acre site with mature trees and natural boundaries provides an exceptional canvas for keen gardeners.
- Walking7/10
The surrounding Leitrim countryside offers attractive settings for rural walks, though pedestrian infrastructure on rural roads should be checked.
- Gym2/10
Commercial fitness facilities are not close by, requiring travel into nearby towns for gym access.
- Cycling6/10
Quiet rural roads offer scenic cycling routes, though the lack of dedicated cycle lanes means dealing with local traffic.
- Golf4/10
Golf enthusiasts will need to travel further afield to reach established courses in the wider region.
- Fishing7/10
County Leitrim is renowned for its lakes and waterways, making this a potentially good base for fishing enthusiasts, subject to local access.
- Horse Riding6/10
The rural environment and generous land plot could potentially suit equine interests, subject to setting up appropriate stabling.
- Water Sports4/10
Proximity to regional lakes offers some water activity potential, but major water sports facilities will require travel.
- Entertaining3/10
The current derelict state prevents any entertaining, though the future potential on the 1.5-acre site is high once renovated.
Lifestyle
5 areas- Quiet Living10/10
Set in a peaceful rural setting surrounded by mature trees and natural boundaries, tranquility is guaranteed.
- Rural Living10/10
A quintessential rural setting on a generous 1.5-acre site about 5 km from Cloone village.
- Village Living6/10
Cloone village is approximately 5 km away, offering basic local amenities and services within a short drive.
- Coastal Living1/10
The location is inland in County Leitrim, far away from any coastal areas.
- Urban Living1/10
This is a deeply rural property far removed from urban centers and city environments.
Social
6 areas- Community Involvement6/10
Proximity to Cloone village allows for integration into local rural community life and events.
- Café Culture3/10
Café options are limited given the rural location, likely requiring a drive into nearby towns for a vibrant café scene.
- Nightlife1/10
There is virtually no nightlife in the immediate rural surroundings, limited to local pubs in neighboring villages.
- Health/Wellness groups3/10
Local wellness classes would likely be sparse, requiring travel to larger nearby settlements.
- Networking Opportunities1/10
Professional networking opportunities are practically non-existent in this rural setting.
- Tech-Hub Connectivity1/10
There are no tech hubs nearby, making this entirely reliant on home internet setups.
Listing information
- Agent
- DNG McGill
- Phone
- 043 334 5822
- Published on HouseDelve
- 27 September 2026
- Correction
- Report an issue
HD-68DA44HouseDelve · Republic of IrelandReport checks
Sources used: Public marketplace, Property Price Register, and grounded web research where available.
Automated quality checks: Passed
* Estimate — not advice. Actual costs and outcomes can vary materially. Obtain current quotations and professional advice before making financial or property decisions.