Property Description

For sale by TL Graham & Son via the iamsold Bidding Platform

With a great deal of privacy and great sea views this 0.1 acre site with timber cabin thereon is a great project opportunity for all those seeking a little slice of rural Co Down but with easy access to Newcastle and all amenities on offer there. Occupying a sloping site with a right of way over adjoining lands for access this 2 bedroom timber cabin is ripe for refurbishment / replacement with something similar subject to the necessary consents.

Features
2 bed timber holiday cabin on a site of 0.1 acre
Secluded private garden with great sea views
Right of way for access over adjoining laneway
Perfect for replacement with something similar subject to obtaining the necessary consents

Location
Take the A2 out of Newcastle towards Kilkeel. Travel c. 2 miles and you will see Shannaghmore Outdoor Education Centre on your right hand side. No. 53 is situated behind the little bungalow at the roadside just beyond Shannaghmore.

Purchasers are asked to note:
Consent to discharge has been obtained
Parking provision should be built into any future plan for the property
The property is NOT mortgageable and is €oeOLD AS SEEN€� (unconditional offers only)

Accommodation
Living Room 3.57m x 2.31m
Kitchen 3.50m x 2.27m
Bedroom (1) 2.13m x 2.31m
Bedroom (2) 3.221m x 2.13m
Bathroom 1.47m x 1.42m

Tenure
The property is held on a 999 year lease from 1st November 1952 subject to an annual ground rent of £6.

Rates
Current rates payable for 2022/23 = C. £50

Energy Performance Certificate
No EPC is required as the cabin is a stand-alone structure of less than 50 sqm

TO VIEW OR MAKE A BID Contact T L Graham & Son or iamsold, www.iamsoldni.com
Auctioneers Comments:
This property is for sale under Traditional Auction terms. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.

With this auction method, the buyer and seller must Exchange immediately, and Complete 28 days thereafter.

The buyer is required to make payment of a non-refundable Contract Deposit of 10% to a minimum of £6,000.00.

The buyer is also required to make a payment of a non-refundable, Buyer Administration Fee of 1.80% of the purchase price including VAT, subject to a minimum of £2,400.00 including VAT, for conducting the auction.

Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

Terms and conditions apply to the traditional auction method and you are required to check the Buyer Information Pack for any special terms and conditions associated with this lot.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

This property was last updated: 2 days ago