Lot 28 - Development Opportunity at 51 Mullaghboy Road, Islandmagee, Larne, County Antrim, BT40 3TR

  • Unconditional Online Auction Sale
  • Guide Price* : £225,000

Guide Price* : £225,000

Residential development opportunity

  • Site Area: c. 4.36 acres (c. 1.76 hectares)
  • Full planning permission for 32 units
  • Coastal location 45 minutes from Belfast

Location

The site is located off the Mullaghboy Road, Islandmagee, approximately 21 miles north of Belfast (45 minute drive) via the recently upgraded A2 carriageway. Islandmagee is a peninsula on the east coast of County Antrim, located between the towns of Larne and Carrickfergus. Due to its location the site benefits from excellent views over the surrounding countryside and the Irish Sea.

Description

The parcel of land has a reasonably flat topography and is currently occupied by a derelict bungalow to the front, another derelict out building to the rear with the remainder of the site being green field. The surrounding area consists of mainly of low density privately owned housing.

Accommodation

Site Area
c. 4.36 acres (c. 1.76 hectares)

Planning

We understand full planning permission was granted in June 2007 for 34 units under Planning Ref: F/2005/0291/F.

Building Control
We are advised by our client that foundations are in place for sites 27 and 28 (House type G1). Building Control Reference LA/2123/0024/MAST.
Note: These 2 no. sites are not included in the sale.
Interested parties are advised to make their own independent enquiries in this regard.

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Security Deposit

£3,800

Buyer's Administration Fee

£1,200

Guide Price*

£225,000

Vendors Solicitor

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

Document Links

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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.