Parklands, Knocknagoney Road, Belfast BT4 2PS

Offers around £3,950,000
Development Opportunity (with FPP) For Sale
Offers around £3,950,000
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Key Information

Price Offers around £3,950,000
Land type Development Opportunity (with FPP)
Size 3.27 acres
Planning Full Planning Permission
Status For sale

Location

This agent has listed the accuracy as: General Area

Parklands

Features

  • Full Planning Permission for 104 Apartments.
  • Site Area c. 3.27 Acres

Additional Information

The opportunity comprises a regular shaped site extending c. 3.27 acres with a block of 45 no. derelict apartments to be cleared for future development. The site benefits from excellent access of the Knocknagoney Road and has extensive frontage of c. 515 ft to the main Holywood Road.

Note: Some enabling works have already been undertaken by the vendor.

The site benefits from full planning permission for the demolition of the existing buildings and construction of 104 no. apartments in 3 no blocks (9 storeys) under Planning Reference: LA04/2017/0043/F granted on 9th January 2018. The scheme comprises the following: -

18 no. 1 Bed Apartments
83 no. 2 Bed Apartments
3 no. 3 Bed Apartments

A detailed architectural pack including schedule of accommodation can be provided to interested parties.

NB: Our client has also prepared drawings for a proposal to revise the existing scheme to provide a total of 132 units comprising 12 no. studios, 33 no. 1 bed, 85 no. 2 bed and 2 no. 3 bed apartments (subject to planning). Further details can be provided to interested parties.

The ready to go residential scheme provides the purchaser with an attractive return on their investment and the opportunity to retail all or part of the scheme or to hold a portion for the Private Rented Sector (PRS).

Alternatively a purchaser may also consider the opportunity to introduce a commercial/leisure use to part of the site (ie. Hotel, Office etc. subject to the necessary statutory approvals).

Site area3.27 acres

Directions

The site is prominently located in East Belfast approximately 4 miles from the city centre and 2 miles from Holywood. The immediate vicinity comprises a mix of housing, Knocknagoney Park and Tesco Extra located opposite.

Due to its location the opportunity benefits from excellent transport links via the main Sydenham By-Pass (A2) and the Outer Ring (A55). Additionally the area benefits from a wide range of local amenities and leisure facilities nearby to include Holywood Golf Club, Redburn Country Park, Shorts Sports and Recreation Club, Holywood Exchange Retail Park and IKEA.

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Total Views

(since advertised)

975

Listing Views

Date Views Unique Views Featured Published
20th Apr 6 6 No Yes
21st Apr 5 5 No Yes
22nd Apr 5 5 No Yes
23rd Apr 3 3 No Yes
24th Apr 7 7 No Yes
25th Apr 8 8 No Yes
26th Apr 8 8 No Yes
27th Apr 3 3 No Yes
28th Apr 2 2 No Yes
29th Apr 0 0 No Yes
30th Apr 16 16 No Yes
1st May 6 6 No Yes
2nd May 3 3 No Yes
3rd May 5 5 No Yes
4th May 3 3 No Yes
5th May 3 3 No Yes
6th May 2 2 No Yes
7th May 5 5 No Yes
8th May 2 2 No Yes
9th May 2 2 No Yes
10th May 2 2 No Yes
11th May 3 3 No Yes
12th May 3 3 No Yes
13th May 4 4 No Yes
14th May 4 4 No Yes
15th May 8 8 No Yes
16th May 2 2 No Yes
17th May 5 5 No Yes
18th May 5 5 No Yes
19th May 1 1 No Yes

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