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14, 16, 18 Toberwine Street, Glenarm, BT44 0AP

Offers Over £149,500
  • status Sale
  • style End Terrace
  • Price Offers Over £149,500
  • Style End Terrace
  • Heating Oil
  • Status Sale
Armstrong Gordon Office: 028 7083 2000

Description

Larger former 7 bedroom guesthouse for sale which requires renovation with attached former fishing tackle shop with large garage to rear. Alternatively, the property has planning permission for 4 new homes and one duplex unit. This property has extensive land to the rear so another option could be renovating the current property and building the 2 new properties to the rear. So in total there are 3 options for any purchaser to consider. As the buildings have been vacant for over two years any expenditure is eligable for a 5% vat rate instead of 20%.

Features

  • Potential To Lease Out Existing Shop From Day One.
  • Potential To Renovate Existing 7 Bedroom Guesthouse, Into Either a Guesthouse or Residential Home.
  • Huge Garden to Rear With Full Planning Permission for Two Dwellings.
  • Large Attached Garage To Rear.
  • Less Than 100m From Sea, Glenarm Marina and Glenarm Castle.
  • Please note that Oil Fired heating system has not been tested.

Room Details

  • ENTRANCE HALL:

    With open tread stairs to 1st floor.
  • SEPARATE W.C.

    With wash hand basin.
  • LOUNGE:

    With tiled fireplace.
  • LIVING ROOM:

  • KITCHEN/DINING

    Selection of high and low level built in cupboards and a stainless steel sink unit,
  • BEDROOM (1):

    With ensuite with w.c., wash hand basin and shower.
  • BEDROOM (2):

  • BEDROOM (3):

  • BATHROOM:

    With w.c. and coloured suite.
  • BEDROOM (4):

  • BEDROOM (5):

  • BEDROOM (6):

  • To rear there is an extensive yard with large attached garage and right of way to rear and front. Please note that rear area has planning permission for 2 new dwellings if required.

Location

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Directions

Glenarm is a village in County Antrim, located on the A2 coastal road which runs from Ballycastle in the north to Larne in the south. As you enter the village of Glenarm, cross the Glenarm River Bridge and turn right at the roundabout onto Toberwine Street. The properties will be situated on your immediate left.

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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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