Reeds Rains Ormeau Road in partnership with The Northern Ireland Property Auction.
Offered at bids over £179,000.
We are delighted to present to the market this residential development site c. 0.39 acres with full planning for x3 houses under planning ref LA05/2015/0873/F.
The site is accessed via the A55 onto the Beechill Road. The location offers easy access to Belfast City Centre (c. 4.5 miles) and the M1 (c. 4 miles).
PROXIMITY OF THE SUBJECT SITE TO A RANGE OF LOCAL AMENITIES AND LOCATIONS
Forestside Shopping Centre - Approx 1.5 Miles
Carryduff - Approx 3.0 Miles
Belfast City Centre - Approx 4.7 Miles
Belfast City Airport - Approx 6.0 Miles
Holywood - Approx 7.6 Miles
Lisburn - Approx 8.4 Miles
The lands being offered for sale extend to approximately 0.39 acres / 0.157 hectares.
The lands benefit from Full Planning Permission for a development of 3 detached houses under application LA05/2015/0873/F.
The proposed development comprises 2 houses at 1,185 sq ft and 1 house at 1,088 sq ft.
This planning permission was granted on 5th July 2017.
Any intending purchaser should satisfy themselves in relation to planning.
The site is located amidst long established residential housing and a range of educational and sporting facilities. Recent trends in the South Belfast housing market have shown a strong continued pattern of an increasing volume of sales for both the new and resale market. Based on current market conditions, we forecast continued and increased demand for new homes in this location, which should auger well for the proposed new housing development on the subject site.
The site is best accessed from the A55 and Beechill Road.
TO VIEW OR MAKE A BID - Contact Reeds Rains Ormeau Road on 02890 680420 or The NI Property Auction on 028 9560 8380 / https:
Starting Bid and Reserve Price
*Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the Unconditional Method of Auction, which is powered by IAM Sold.
This property is for sale under Traditional Auction terms. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
With this auction method, an immediate exchange of contracts takes place with completion of the purchase required to take place within 28 days from the date of exchange of contracts.
The buyer is also required to make a payment of a non-refundable, part payment 10% Contract Deposit to a minimum of £6,000.00.
In addition to their Contract Deposit, the Buyer must pay an Administration Fee to the Auctioneer of 1.8% of the final agreed sale price including VAT, subject to a minimum of £2,400.00 including VAT for conducting the auction.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
Terms and conditions apply to the traditional auction method and you are required to check the Buyer Information Pack for any special terms and conditions associated with this lot.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
Energy Performance Certificate (EPCs)
Energy Performance Certificates (EPCs) give information on how to make your home more energy efficient and reduce your energy costs. All homes bought, sold or rented require an EPC. EPCs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your home could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from A to G . An A rating is the most efficient, while G is the least efficient. The average efficiency grade to date is D . All homes are measured using the same calculations, so you can compare the energy efficiency of different properties.
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.