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Land - development site for sale Greenwell Street, Newtownards, BT23

Offers Around

£700,000

Added on 09/10/2026

Type: Land
Tenure: Ask agent

Key features

Comprising c. 0.35 acres in a prominent town centre location
Mixed-use development potential (subject to planning)
Retail frontage to Castle Street & Greenwell Street
Strong residential demand in Newtownards
Understood to be located in an area of `social´ housing need.

About this property

Newtownards lies approximately 12 miles east of Belfast City Centre, with a town population of around 28,000 and a wider district population of approximately 70,000. Castle Street is a well-trafficked thoroughfare located on the south-east edge of the town centre.

The site circa 0.35 acres, currently comprises a barbershop, car wash, fast food outlet and mechanic´s garage and offers significant potential for residential or commercial redevelopment (subject to planning approval).

Council tax

Ask agent

Location

Greenwell Street, Newtownards, BT23

Open map Street View

Mortgage and stamp duty

Property price £700,000

£350k £1.1m

Deposit10% £70,000

£0 £700k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £630,000 mortgage. Most lenders would want a household income of about £140,000 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.