One of the largest blocks of land to come on the market in NI in decades has been offered up for sale in Co Derry.
Eglinton Estate extends to 1,075 acres of prime farmland and has a guide price of £9m.
The property is being sold by the personal representatives of the estate of the late Earl Castle Stewart, who died in November 2023.
The property is available to buy as a whole or in three lots and the private treaty sale is being managed jointly by Savills and WJ Smith.
It is made up of 956 acres of arable-grade land and 16 acres of grassland with the remainder being roads, laneways, yards and coastal margins.
The coastal property, which is known locally as “The Slab”, runs to the shores of Lough Foyle.
It is laid out in large, mostly level fields with a network of internal roadways. There is a two-storey house in need of refurbishment, as well as a range of farm buildings.
Portions of the estate are below sea level, so there are three private pumps which are used as part of the land drainage system.
For years, the farm was home to the largest public auction of conacre in NI where up to 600 acres of temporary grassland were offered up for rent every autumn.
The remainder of the estate was rented out privately for arable crops, with an area also managed directly by the owner. The current conacre agreements are due to expire on 31 October 2025.
SHARING OPTIONS: