For Sale

173 Newtownards Road & 1-5 Templemore Avenue, Belfast, BT4 1QJ

Guide Price £425,000

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  • Status For Sale
  • Guide Price £425,000
  • Stamp Duty £8,750* / £30,000**
  • Style Site
  • Heating None
  • *First time buyers are exempt from stamp duty on properties costing up to £300,000
    **Higher amount applies when purchasing as buy to let or as an additional property

    Contact Colliers Residential

    Office: 028 9024 4000

Features

  • FPP for 20 apartments & 2 ground floor commercial units
  • Planning Reference - LA04/2020/1363/F
  • Local access to Belfast City Centre
  • Investment opportunity as BTR or private for sale

Property Information

LOCATION
Located on the corner of the Newtownards Road & Templemore Avenue. Only one mile from the city centre.
PLANNING

The corner plot boasts planning permission for 20 apartments (17x1 bedrooms & 3x2 bedrooms) and 2 ground floor commercial units. Planning reference - LA04/2020/1363/F.
As per the planning documentation; there are no sewage and water related conditions. In the NI Water consultation, the response states 'there are foul and storm within 20m of the site.'
It has been noted further and confirmed by NI Water that 'NI Water have a duty to connect foul and storm to the site into the extising NI Water Infastructure'
It has been further acknowledged that there will be a requirement to restrict storm run-off from the site to the equivalent of greenfield run-off in accordance with current standards.

For all queries contact Adam Steenson on 079 6730 2542 or adam.steenson@colliers.com.
A schedule of proposed pricing is available upon request.
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Location

Whats Near by?

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Directions

Corner of Templemore Avenue & Newtownards Road

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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.

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173 Newtownards Road & 1-5 Templemore Avenue, Belfast 173 Newtownards Road & 1-5 Templemore Avenue, Belfast
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173 Newtownards Road & 1-5 Templemore Avenue, Belfast 173 Newtownards Road & 1-5 Templemore Avenue, Belfast