Lurganboy, Drum, Monaghan
€35,000
What you'll like:
- Generous site size: The property includes approximately 1.13 acres of land, providing ample outdoor space for landscaping, extensions, or agricultural hobby use depending on local planning guidelines.
- Dual road frontage: Benefiting from access along two minor public roads, the triangular plot offers versatile entrance options for future construction or heavy machinery during renovation works.
- Affordable entry price: With an asking price of just thirty-five thousand euros, this parcel presents a very low initial capital outlay for DIY enthusiasts or property speculators.
- Compact triangular boundary: The defined plot shape is fully enclosed by natural hedgerows and traditional fencing, clearly establishing physical borders for security and privacy management.
- Rural peaceful setting: Situated in the quiet countryside near Drum village, the location offers a tranquil lifestyle away from heavy urban congestion and traffic noise.
- Proximity to amenities: Clones town and surrounding villages like Scotshouse and Newbliss are within a short driving distance, ensuring everyday conveniences remain relatively accessible.
- Revitalisation grant potential: Given the severely derelict state of the existing dwelling, buyers should investigate eligibility for national vacant property refurbishment grants to offset rebuilding costs.
- Independent access points: The property features dual independent access points directly onto public roads, which can facilitate separate construction traffic and residential entry ways.
- Agricultural pasture utility: The land is currently set in pasture, making it immediately usable for grazing small livestock or establishing a micro-holding or vegetable garden.
- Clear title folio: The property is contained within a specific land folio, which should streamline the legal conveyancing process for your solicitor during title investigation.
- Rebuild opportunity: The ruined structure allows for a total clean slate, enabling a buyer to design and construct a modern, energy-efficient home tailored to exact preferences.
- Local market value: Modest rural land parcels with a ruin represent a rare niche for self-build projects on a strict budget within County Monaghan.
- Straightforward acquisition: The low financial threshold reduces overall borrowing risks, potentially allowing cash purchasers to complete transactions without complex mortgage delays.
- Defined boundary markers: Natural hedgerows existing around the perimeter save immediate fencing costs and provide established ecological privacy screens for future occupants.
- Decentralized living appeal: Rural properties of this nature satisfy the rising demand for remote country living and off-grid lifestyle development projects in Ireland.
- Improvement upside: Transforming a completely derelict structure can yield significant equity growth upon successful completion and modern building certification.
- Flexible development timeline: Uninhabited ruins allow buyers to move at their own pace with planning applications, subject to local authority oversight and housing policies.
- Potential tax incentives: Vacant and derelict property schemes frequently offer enhanced financial supports for bringing historic or abandoned rural footprints back into residential use.
- Scenic county backdrop: The Monaghan countryside surrounding the plot provides pleasant views and a picturesque rural atmosphere for nature enthusiasts and gardeners.
- Direct agent representation: Clear instructions from the managing agent regarding proof of funds ensure a transparent, straightforward offer submission process for serious buyers.
But keep in mind:
- Advanced state of disrepair: The existing house is heavily dilapidated, requiring total restoration or complete demolition and replacement before anyone can safely inhabit the site.
- Zero utility connections: The property currently features no septic tank and no water connection, meaning thousands of euros must be budgeted for basic infrastructure installation.
- Planning permission uncertainty: Securing approval to build a new dwelling on a rural site can be challenging under local county development plan restrictions and housing needs criteria.
- Aged construction age: The original structure is over a hundred years old, likely containing outdated, non-compliant building materials that complicate any attempted renovation work.
- Exempt BER status: The property lacks a Building Energy Rating certificate, which reflects its derelict condition and requires a complete post-construction assessment for future energy compliance.
- Unknown boundary precision: A registered land surveyor must verify the exact folio boundaries against physical ground markers to prevent potential future neighbor disputes over acreage.
- Lack of essential rooms: With no recorded bedrooms or bathrooms, the footprint is non-functional and demands a complete architectural redesign from the ground up.
- No floor area metrics: The precise internal square footage is unrecorded, making initial cost estimations for materials and labor purely speculative for interested buyers.
- Restricted rural zoning: Local housing controls in County Monaghan often restrict who can build in the countryside based on local ties or demonstrated housing need.
- High infrastructure costs: Bringing electricity, modern drainage, and clean water to an isolated rural ruin often exceeds the initial purchase price of the property.
- Demolition expense risk: Clearing away an unstable, century-old ruined dwelling will generate substantial waste removal and site clearance costs prior to any new foundation work.
- Private wastewater treatment: Installing a compliant percolation area and septic tank will require soil percolation tests to ensure the local ground conditions pass environmental standards.
- Borehole drilling requirement: Without a public water main connection, buyers must investigate the feasibility and cost of sinking a private well for reliable daily water supply.
- Narrow minor roadways: The property is accessed via minor public roads that may present logistical challenges for heavy construction traffic, concrete trucks, and delivery vehicles.
- Grant condition compliance: Qualifying for government refurbishment grants involves strict timelines and milestone requirements that can penalize delays in construction delivery.
- Geotechnical ground risks: The underlying soil and drainage capacity across the triangular plot must be tested to ensure stable foundation conditions for a new build.
- Agricultural encumbrances: Buyers should check whether any local farmers hold grazing rights, seasonal access agreements, or commonage claims over the pasture land.
- Title and access verification: Legal advisors must confirm that the dual road access points possess full public right-of-way status without future maintenance liabilities.
- Remote location isolation: The rural address is relatively distant from major commercial centers, increasing reliance on private transport for employment, shopping, and healthcare.
- Strict proof of funds: The selling agent requires rigorous financial verification, such as bank statements or mortgage approval letters, before accepting any formal purchase offers.
Price positioning
?
- The asking price appears attractively positioned because it sits well below typical regional transaction values, reflecting the heavy discount required for a severely compromised dwelling lacking basic services and modern habitability standards.
- Under-valuation signals are evident in the extreme state of disrepair, the complete absence of water and septic infrastructure, and the hundred-year-old construction requiring total rebuilding or extensive capital investment.
- Such a low price point could be heavily supported by potential eligibility for national refurbishment grants, though this might be undermined by strict planning hurdles and escalating construction inflation facing rural projects.
- Relevant considerations include the generous plot size exceeding one acre with dual road access, offering long-term development potential despite immediate structural challenges and the necessity for substantial cash investment.
Build Analysis
What we know from similar construction types
- The property features a highly dilapidated derelict house that is over 100 years old and in an advanced state of disrepair, requiring total restoration or potential replacement subject to planning permissions.
- The listing notes that there is currently no septic tank and no water connection on site, which a buyer must investigate and budget for when planning any development.
- Buyers should verify the exact site boundaries, legal access points, and any local planning restrictions applicable to rural properties in County Monaghan.
- The property may qualify for national vacant property refurbishment grants, and buyers should investigate eligibility criteria and application requirements with the local authority.
Heating cost*
Estimated expense to heat this property every year
- Heating cost: 0 euro currently, as the structure is a highly dilapidated derelict house with no functioning heating system, utilities, or services.
Pollution Safe
9/10Environmental situation to investigate
- The property is located in a quiet rural setting in County Monaghan, appearantly distant from major industrial facilities, heavy manufacturing, or large-scale waste incinerators.
- Any historical agricultural or domestic land use is typical for the countryside, though buyers should verify local site history for any localized legacy concerns.
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 Drum area
CORRINEARY, DRUM, MONAGHAN
- Sale date
- Declared sale price
- €245,000.00
CORTOBER, DRUM, MONAGHAN
- Sale date
- Declared sale price
- €100,000.00
VIOLET HILL VIEW, DRUM, MONAGHAN
- Sale date
- Declared sale price
- €100,000.00
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 percent of the purchase price, amounting to 350 euro.
- Solicitor legal fees: estimated between 1,500 euro and 3,000 euro plus VAT.
- Land registration fees: approximately 175 euro to 400 euro depending on registration type.
- Property valuation fees: around 150 euro to 300 euro.
- Surveyor fees: estimated between 500 euro and 1,200 euro.
- Annual home insurance: approximately 350 euro to 700 euro once the property is made habitable.
Forum Talk
What people are saying about this area
- Local residents in the Drum and Clones areas frequently discuss rural community initiatives and local road maintenance projects on community pages.
- Discussions in County Monaghan often highlight the availability and application process for the Vacant Property Refurbishment Grant for derelict rural homes.
- Community forums occasionally share updates regarding rural water connection schemes and local infrastructural developments.
- Local interest groups often exchange news on agricultural land management and rural planning guidelines within County Monaghan.
LifeFit Assessment
How well this property may suit your lifestyle
Family
7 areas- Young Children1/10
The property features a highly dilapidated derelict house that is unsafe for young children.
- Teenagers1/10
The advanced state of disrepair makes it completely unsuitable for teenagers to inhabit currently.
- Multi-generational Living1/10
With no habitable dwelling currently on site, multi-generational living is not possible without major construction.
- Single Buyers3/10
An affordable entry price of 35000 Euros offers potential for a determined single buyer willing to take on a massive restoration project.
- Couples3/10
Couples looking for a blank canvas project might see potential, subject to obtaining planning permission and grants.
- Empty Nesters2/10
The intense work required to rebuild a derelict house is rarely suited to empty nesters seeking ease.
- Retirees2/10
Managing a major rural rebuild project is likely too demanding for most retirees.
Work
3 areas- Remote Working4/10
While remote working is possible in a rural setting, buyers should verify the availability and speed of local broadband connections.
- Hybrid Commuting2/10
The rural Monaghan location involves significant travel times to major employment hubs.
- Retired6/10
A peaceful rural retirement project for those with the budget and energy to build a bespoke home.
Practical
8 areas- Ageing in Place1/10
The complete absence of a habitable structure and rural isolation make ageing in place unfeasible without total redevelopment.
- Low Maintenance1/10
Managing overgrown land and a derelict structure requires ongoing maintenance and heavy intervention.
- Secure Gated Entry3/10
The property features dual road frontage but lacks established secure gated entry currently.
- Minimalist Design3/10
A blank canvas site allows for a minimalist design if a completely new build is pursued.
- Flexible Floor Plans3/10
Buyers have the freedom to design a custom floor plan subject to planning approval.
- Heritage Home4/10
The existing structure is over 100 years old, though in an advanced state of disrepair requiring evaluation for heritage value.
- Ecological Setup7/10
The 1.13-acre agricultural plot enclosed by natural hedgerows offers strong potential for an ecological or sustainable setup.
- Outdoor areas8/10
Comprises a compact triangular plot of approximately 1.13 acres with extensive road frontage.
Interests
9 areas- Gardening8/10
The 1.13-acre plot provides ample outdoor space for extensive gardening and landscaping projects.
- Walking6/10
Surrounding minor public roads offer routes for rural walks, though amenities require transport.
- Gym1/10
There are no gym facilities in the immediate rural vicinity.
- Cycling5/10
Minor public roads provide routes for cycling, though traffic speeds and road conditions should be verified.
- Golf3/10
Golf facilities would require travel to nearby towns.
- Fishing4/10
The rural setting may offer proximity to local waterways, but specific angling access should be verified.
- Horse Riding7/10
The 1.13-acre plot and rural roads could potentially accommodate equestrian interests with proper setup.
- Water Sports1/10
No water sports facilities are present at this inland rural location.
- Entertaining1/10
The lack of a habitable structure means entertaining is currently impossible.
Lifestyle
5 areas- Quiet Living9/10
Located in a rural area of County Monaghan, the setting offers exceptional peace and quiet.
- Rural Living10/10
This is a quintessential rural plot of approximately 1.13 acres set in agricultural pasture.
- Village Living5/10
Drum Village is about 4.5 kilometers away, offering modest proximity to village amenities.
- Coastal Living1/10
Monaghan is an inland county far removed from any coastal environments.
- Urban Living1/10
The location is deeply rural with no urban conveniences nearby.
Social
6 areas- Community Involvement4/10
Community engagement would rely on connecting with nearby villages like Drum and Scotshouse.
- Café Culture1/10
There are no cafes within immediate walking distance of this rural site.
- Nightlife1/10
Nightlife options are absent in this rural townland.
- Health/Wellness groups2/10
Access to wellness groups would necessitate travel to larger nearby settlements.
- Networking Opportunities1/10
Networking opportunities are practically non-existent in this isolated rural spot.
- Tech-Hub Connectivity1/10
There are no tech hubs nearby, making local connectivity reliant entirely on home setups.
Listing information
- Agent
- Larmer Property Consultants LTD
- Phone
- 047 74 333
- Published on HouseDelve
- 9 September 2026
- Correction
- Report an issue
HD-8C61A0HouseDelve · Republic of Ireland* Estimate — not advice. Actual costs and outcomes can vary materially. Obtain current quotations and professional advice before making financial or property decisions.