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28 Newbridge Road, Coleraine, BT52 1TP

Offers Over £139,500
  • status Sale
  • style Land (Single Dwelling)
  • Price Offers Over £139,500
  • Style Land (Single Dwelling)
  • Status Sale
Armstrong Gordon Office: 028 7083 2000

Description

The subject property comprises a derelict detached bungalow with a pitched red tile roof.  The property sits on a site of circa 1.21 acres.  The  site is largely of triangular shape and can be accessed from either the Newbridge Road or the Hall Road.  The site is of even topography and is well bounded by hedges, shrubs
and gates to the front.

Planning:
We are not aware of any live planning applications or consents on the site.

We have reviewed the local area plan, Northern Area Plan 2016,  and understand most of the subject property appears to be located within the Coleraine Development Limit and is listed as 'Land Zoned' Policy No: CEH 63.

The immediate area to the rear is primarily existing residential housing.

Site Area:
The site area is circa 0.49 hectares (1.21 acres).

Title:
We understand the property is held under a Freehold Title.

Stamp Duty:
Will be the responsibility of the purchaser

VAT:
All prices, outgoings and rentals are stated exclusive of but may be liable to VAT.

Capital Value:
£115,000  (Rates: £912.30)

 

 

 

 

 

Features

  • Potential development opportunity (subject to planning consent)
  • Potential refurbishment opportunity
  • Site of approximately 1.21 acres
  • Convenient location to Coleraine town centre and A26 dual carriageway leading onto the M2 motorway network.

Location

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Directions

The subject property is located on the Newbridge Road, on the outskirts of Coleraine town centre and is located approximately 1.8 miles from Coleraine town centre and 50 miles from Belfast City Centre. It will be located on your left just before the Newbridge Restaurant leaving Coleraine.

Mortgage Calculator

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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.

Property Surveying

Armstrong Gordon are delighted to have access to a number of top local independent Rics Surveyors and can arrange for a quote for any level of survey as per the Rics levels below.

Helping you choose the right survey

Why do you need an RICS Home Survey? Because forewarned is forearmed. Choosing the right survey will help highlight any serious problems and advise you of the specific risks before you commit to the process of buying or selling a property.

RICS has three different levels of survey (outlined overleaf). These can only be conducted by an RICS qualified surveyor.

Reliable and cost effective, these reports carry the full weight of the Royal Institution of Chartered Surveyors – the industry’s most respected authority on surveying.

Buying a home

It’s important to remember that your mortgage lender’s valuation report is not a survey. It merely tells your lender whether or not the property is reasonable security for your loan. An RICS survey will tell you the actual condition of the property. That’s vital information that can be invaluable during price negotiations, and will also help you avoid expensive surprises after you’ve moved in. There is an option for an RICS HomeBuyer Report (Survey level 2) which also includes a valuation as a standard part of the service for your own purposes.

Selling a home
An RICS survey can be an aid to selling your home. It will show you any problems that may delay your sale or cause price reductions later in the process.

Staying at home
A survey of the current condition of your home will warn you of defects and help you avoid escalating repair and maintenance costs in the future.
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