Contact Agent

Contact Simon Brien Bradley (Newry)

Contact Simon Brien Bradley (Newry)

Investment

Potential Newtown Road, Newtowncloghoge

Newry, Armagh, BT35 8NN

offers over £350,000
  • Status For Sale
  • Property Type Investment
  • Stamp Duty
    Higher amount applies when purchasing as buy to let or as an additional property
    £7,500 / £25,000*
  • Typical Mortgage
    Click price to use our mortgage calculator
EPC Rating

Key Features & Description

  • All prices, outgoings etc., are exclusive of VAT but may be subject to VAT.
  • The Lands are being offered For Sale by Private Treaty. However, the vendor reserves the right to conclude the sale via auction or "Best and Final" bids at a date and time to be confirmed.
  • The criteria required from interested parties in placing an offer must include:
  • Confirmation of name and address of proposed purchaser
  • Confirmation of offer level
  • Proof of funds from Bank to confirm that adequate funds are available to complete the purchase at offer level
  • Timescale to complete the purchase post acceptance of offer
  • Confirmation of solicitor who will represent purchaser
  • 10% deposit of agreed purchase price shall be payable upon agreement of sale
  • Further information pack to be provided at this point
  • Description
    Assumed Freehold

    Potential development site for 14 dwellings subject to planning. Located approximately 1 mile from Newry City.

    This proposed development site is located on lands at Park View, Newtown Road, Newtowncloghoge, Newry, Co Armagh. It is approximatley 1 mile south west of Newry City and 1.6 Miles north east of Meigh. The site is located immediatley adjacent and south of the settlement development limits of Newtowncloghoge and is therefore defined as countryside in accordance with the Banbridge, Newry and Mourne Area Plan 2015The site is currently in use as an agricultural field and is accessed via an existing agricultural gate onto Newtown Road. The boundries of the site are defined by hedgerow which provide high quality natural screening.


    The site extends to approximately 2.6 acres and has been defined as countryside in accordance with the Banbridge, Newry and Mourne Area Plan 2015. A planning report has proposed potential for the development of 14 social housing units subject to planning. This proposal has received support from NIHE.
    The site extends to approximately 2.6 Acres in size. The surrounding land use to the south and west is predominatly agricultrual while the land to the north and east is defined by established residential developments. The proposed development site is located within the Ring of Gullion Area of Outstanding Natural Beauty.

    Property Location

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    Mortgage Calculator

    Disclaimer: The following calculations act as a guide only, and are based on a typical repayment mortgage model. Financial decisions should not be made based on these calculations and accuracy is not guaranteed. Always seek professional advice before making any financial decisions.

    Contact Agent

    Contact Simon Brien Bradley (Newry)

    Contact Simon Brien Bradley (Newry)

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    Potential Newtown Road, Newtowncloghoge, Newry, Armagh, BT35 8NN Potential Newtown Road, Newtowncloghoge, Newry, Armagh, BT35 8NN

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