Former Faughan Valley High SchoolFormer Faughan Valley High SchoolFormer Faughan Valley High School

Former Faughan Valley High School,

Drumahoe Road, Derry~londonderry, BT47 3SD

Redevelopment Opportunity

Price £525,000

Agent Logo

Contact Lisney

+44 28 9050 1501

Key Information

Price

£525,000

Style

Redevelopment Opportunity

EPC

Status

For sale

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property description image

Features

  • Land of circa 4.5 acres (1.82 ha)
  • Prime residential development site (STPP)
  • Previous outline planning for residential development
  • Village location just 2 miles from Derry~Londonderry City Centre
  • Flat, well bounded land
  • Part Grade B listed building on site

CLOSING – 12 NOON ON TUESDAY 4 JUNE 2024

FORMER FAUGHAN VALLEY HIGH SCHOOL, DRUMAHOE, DERRY~LONDONDERRY

We have now been instructed to set a closing date on the above land, please find the closing date information below.

Initial bids must be placed prior to 12 NOON ON TUESDAY 4 JUNE 2024 ensure inclusion in the next round of bidding.

We will only be accepting further bids after this date from parties who have already made an initial bid, providing the info below.

A bid must include the following;

  • The proposed offer amount in pounds sterling.
    Proof of funds must be provided, by way of a bank statement or confirmation of funds letter from your bank, accountant or solicitor.
    Purchaser name and full contact details.Purchaser ID – passport / driving licence & utility bill (dated within the last 2 months)
    Your solicitor details.

Please note, the vendor reserves the right not to accept the highest, or indeed any, offer made. 

The former Faughan Valley High School closed in 2007, following the merger of Faughan Valley and Clondermot High School to form Lisneal College, which is just a few miles away on Crescent Link. 
The site comprises circa 4.5 acres of flat land in a triangular site between the Glenshane Road and the Drumahoe Road.  It is well bounded and secured with palisade fencing with the access to the site off the Drumahoe Road.  The frontage along Drumahoe Road is circa 130 metres.  A swathe of trees has been retained along the southern boundary of the land to shield the subject land from the Glenshane Road, both visually and acoustically.   
The former school building comprises a large, one and two storey building with two internal courtyards, totalling circa 58,000 sqft.  We understand the property comprises the original Grade B2 listed section of the property and from this, many extensions have been built over the years.
The land surrounding the former school building comprises grassland,

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