Lot 11 - Development Opportunity at Linn Road, Larne, County Antrim, BT40 2AL

  • Unconditional Online Auction Sale
  • Guide Price* : £100,000

Guide Price* : £100,000

Residential development opportunity

  • Full Planning Permission For 24 Dwellings
  • Site Area 0.83 acres (0.34 hectares)
  • Established residential area

Location

Larne is a major town located on the east coast of Co Antrim approximately 24 miles (39 kms) north of Belfast via the M2 motorway and recently upgraded A8 carriageway. The town has a population of c. 32,000 in the 2011 census and acts as a major sea port and provides a wealth of local amenities and shops to the surrounding rural areas. The site is located on the Linn Road approximately 1.5 miles (2 kms) northwest of the town centre. The surrounding area primarily consists of medium density housing with a community hall adjoining and Vivo Shop opposite the site.

Description

The site is fairly rectangular in shape and extends to approximately 0.83 acres (0.34 hectares) in total. The site benefits from a level topography and good frontage to both Linn Road (332 ft) and Bellair Park (97 ft).

Accommodation

Site Area
0.83 acres (0.34 hectares)

Planning

We understand the site benefits from full planning permission under application no. F/2015/0051/F granted in August 2015 for a development comprising 17 no. townhouses and 7 no. apartments with associated car parking. Additionally, the site is located within the Development Limit of Larne Town and is designated for no specific use within the Larne Area Plan 2010.

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Security Deposit

£3,800

Buyer's Administration Fee

£1,200

Guide Price*

£100,000

Vendors Solicitor

Ross White, Mills Selig, 21 Arthur Street, Belfast, BT1 4GA
028 9024 3878

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* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.