The former residence of Catriona Carey, a financial advisor and ex-Irish hockey international, has been sold for €340,000, falling short of its initial asking price of €365,000. Located at 3 Rochford Manor, Leighlin Road, Graiguecullen, Carlow, the property changed hands on April 3, 2025. ​

Property Overview and Sale Details

The four-bedroom home was marketed as an “exceptional” property boasting spacious, light-filled interiors and expansive gardens. However, it was noted that the house required some cosmetic upgrades. Selling agent Harry Sothern of REA Sothern highlighted that the property’s condition was suboptimal, with issues such as mold on the ceiling and damage from leaks. Sothern remarked, “If it was in good condition, it would have sold for around €400,000.” ​

The property’s history may have also influenced potential buyers. Sothern acknowledged that the association with Ms. Carey could have been off-putting for some. The house was sold under the instructions of a receiver, and there was no bidding war, with the final buyer being a construction industry professional planning to undertake the necessary renovations. ​

Financial and Legal Background of Catriona Carey

Ms. Carey purchased the property in June 2006 but accumulated mortgage arrears exceeding €370,000 due to non-payment over several years. In 2024, Everyday Finance DAC took control of charges on both the Carey home and the surrounding land. ​

Beyond her financial challenges, Ms. Carey and two former business associates are currently facing multiple charges under the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010. These charges pertain to alleged offenses committed between 2019 and 2021 in connection with the UK-based company, Careysfort Asset Estates. The case has been returned to Dublin Circuit Criminal Court following the service of Books of Evidence.

Community and Market Implications

The sale of this property has garnered attention not only due to its association with Ms. Carey but also because of its impact on the local real estate market. The property’s condition and its sale below the asking price highlight the challenges faced in the current housing market, where buyers are increasingly cautious about properties requiring significant renovation.​

The new owner’s plans to renovate the property are seen as a positive development for the neighborhood. Sothern commented, “It is good to see that the property is going to be renovated as it has a strong visual impact because the home is located at the front of the estate.”

The sale of Catriona Carey’s former home at a reduced price underscores the influence of property condition and historical associations on real estate transactions. As the new owner embarks on renovations, the community anticipates a revitalized property that will enhance the local landscape. Meanwhile, Ms. Carey’s ongoing legal proceedings continue to unfold, adding further complexity to her financial and personal narrative.

For more stories and insights, visit It’s On

Instagram:@itson.ie

TikTok videos and information:@itson.ie