Property Description

An excellent opportunity to acquire a substantial town-centre property comprising an existing two-bedroom residence with its own private south-facing rear garden, together with a separate adjoining development site extending to approximately 512sqm and benefiting from planning permission for nine residential units.

Ideally positioned on Patrick Street, the property is just minutes' walk from Mullingar town centre and Mullingar Train Station, placing an extensive range of shops, restaurants, cafés, professional services and other amenities within easy reach.

The property is being offered for sale as a combined opportunity, incorporating both the existing residence and the adjoining development site, making it particularly attractive to developers, builders and investors. The residences rear garden has potential to be converted to parking for the proposed development, subject to relevant planning.

Existing Two-Bedroom Residence
The existing property comprises a double-fronted, semi-detached single-storey cottage with its own private south-facing rear garden.
The residence is in need of modernisation and refurbishment but offers considerable potential given its highly convenient town-centre location.
Internally, the accommodation comprises an entrance hall, living room, kitchen, utility area, two bedrooms and a bathroom.

Adjoining Development Site
Situated immediately beside the existing residence is a separate development site extending to approximately 512sqm, with access from Patrick Street.
The site benefits from planning permission for the development of nine residential units arranged over three levels, comprising a mix of studio, one-bedroom and three-bedroom accommodation.

Proposed Ground Floor
The proposed ground-floor accommodation comprises three residential units consisting of one studio apartment and two one-bedroom apartments.
The studio apartment extends to approximately 50sqm.
The two one-bedroom apartments extends to approximately 57sqm and 50sqm respectively.

Proposed First Floor
The first floor provides for four units comprising a three-bedroom duplex and three one-bedroom apartments.
The three-bedroom duplex extends to approximately 118sqm.
The one-bedroom apartments extend to approximately 56sqm, 48.6sqm and 48.6sqm.

Proposed Second Floor
The second floor comprises two further one-bedroom apartments, each extending to approximately 48.6sqm.

Location
The property occupies a prime position on Patrick Street within a short walk of Mullingar town centre and Mullingar Train Station. Within easy reach of the town's extensive selection of amenities.

Viewing is highly recommended.

Asking Price €545,000

This property was last updated: today, 2 hours 26 minutes ago