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Site for sale Upper Greenwell Street, Newtownards, BT23

Asking price

£299,950

Added yesterday

Type: Land
Tenure: Ask agent

Key features

Development site of about a quarter of an acre
Full planning for 16 apartments with 16 parking spaces
Five one-bed, ten two-bed and one three-bed apartments
Planning reference LA06/2022/0725/F
Currently trading as a public house
Just off George Street, east of the town centre

About this property

On Upper Greenwell Street in Newtownards, this development site of about a quarter of an acre comes with full planning permission for 16 apartments and 16 parking spaces (planning reference LA06/2022/0725/F). The site currently trades as a public house and sits just off George Street, to the east of the town centre, with good road links to Bangor, Donaghadee and Comber. The approved scheme is for five one-bedroom, ten two-bedroom and one three-bedroom apartments.

Council tax

Ask agent

Location

Upper Greenwell Street, Newtownards, BT23

Open map Street View

Mortgage and stamp duty

Property price £299,950

£149k £450k

Deposit10% £30,000

£0 £300k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £269,950 mortgage. Most lenders would want a household income of about £60,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.