137 - 143 Newtownards Road, Bangor, Co Down, BT20 4HP

Description

Prominent front of road residential development opportunity currently comprising 4 large detached properties with substantial gardens on a site of approximately 0.65 acres. offering obvious redevelopment potential for higher density development.

The properties are in a condition which would allow for any potential purchaser to rent the properties while they seek planning approval.

The site is currently a very low density development and it should be capable of accommodating a much higher density scheme of townhouses and apartments (subject to planning permission).

DESCRIPTION
The property currently comprises of 4 large detached family homes with extensive rear gardens and large driveways to the front. The site is elevated and the properties benefit from excellent views over Bangor. Excellent potential for high density residential development (subject to planning permission).

LOCATION
Bangor is a seaside resort situated on the southern side of Belfast Lough and is situated in the Belfast Metropolitan Area. It is a highly popular location due its accessibility to both Belfast and to surrounding towns such as Donaghadee and Holywood . A range of retail facilities are also available in the area such as the currently expanding Bloomfield Shopping Centre and the Flagship Centre .
Alongside being voted as the most desirable place to live in Northern Ireland in a 2007 survey, a number of popular schools such as Bangor Grammar and Glenlola Collegiate make housing in the area highly sought after.

DEVELOPMENT POTENTIAL
The site is currently a very low density development and it should be capable of accommodating a much higher density scheme of townhouses and apartments (subject to planning permission).

TENANCY AGREEMENT
The vendors of each house may wish to remain in occupation of their houses after completion. Further details on request.

VIEWING
Go directly to site. Inspection of the interior of the existing houses is strictly by appointment only.

FURTHER INFORMATION
For further information regarding the site or if you would like to discuss its
development potential in further detail please contact sole agent Alex Romein.

TENURE
We are advised that the properties are held freehold.

SPECIAL CONDITIONS
Upon acceptance of offer the successful party will be expected to sign a contract and pay a 10% deposit within 10 working days with full completion eight weeks thereafter.

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