Stunning boutique home slashed to €250K because of MICA

written by Staff Writer May 4, 2022

A stunning boutique bed and breakfast home in Co Donegal has had its price slashed from almost one million euro to just €250,000 after it was found to have the defective block problem MICA.

Moorfield Lodge boasts four double ensuite bedrooms and comes with its own stables on four acres of lush land on the outskirts of the village of Ramelton.

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The house was a popular stopping off location for couples looking for some getaway time with a modern twist when visiting Donegal.

The 5,123sg foot house comes with a contemporary glass front with views over Lough Swilly in the distance.

In 2019 it was put on the market with a price tag of €895,000.

However, the house has now been put back on the market for a public auction on June 1st with an asking price of just €250,000.

Estate Agent Sherry Fitzgerald Rainey has warned potential buyers that the house has “high levels” of MICA.

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Moorfield Lodge,Aughnagaddy,Ramelton. Photo:
Sherry FitzGerald Rainey

Up to 5,000 homes, many of which are in Donegal, are suspected of having MICA which causes homes to crack and crumble over time.

The estate agent selling the boutique Ramelton home confirmed a MICA test on the stunning home showed it to have MICA.

It also suggested that all potential bidders should carry out all their own investigations before bidding on the house.

The agent states “Please note the vendor has had the concrete blocks tested for Free MICA Muscovite.

“It has been confirmed that high levels of Free MICA Muscovite are present in the blocks.

“All intending purchasers should make their own structural and financial investigations in view of this information prior to auction.”

The house was built in 2007, also comes with a double garage and manicured gardens.

The lawns are bordered by a Coillte Forest providing privacy to the rear of the house.

Moorfield Lodge,Aughnagaddy,Ramelton. Photo:
Sherry FitzGerald Rainey

The estate agent’s description says Moorfield Lodge is a haven of tranquillity with a minimalist and open plan design, floor to ceiling glass walls while an air of calm prevails throughout the residence.

It boasts four double ensuite bedrooms including a large master suite which incorporates a relaxing area, walk in dressing area and signature ensuite bathroom with feature sunken jacuzzi bath and cleverly positioned low level windows to allow for quiet enjoyment of the rear garden and woodland.

The property will be available for viewings/inspections/surveys and will be strictly by prior appointment with the selling agents on Saturday 7th, 14th, and 21st May and Wednesday 11th, 18th and 25th.

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