FOR SALE BY PRIVATE TREATY

INTRODUCTION

We are instructed to offer for sale this superb development site in Castlecaulfield, Co. Tyrone. The lands which extend to a total of 10.6 acres (4.29 hectares) are situated at the Lisnamonaghan Road and Old Caulfield Road.

The site benefits from Full Planning Permission for 59 houses with approval for a final phase of 24 houses pending. The proposed overall development will comprise of 83 houses in 3 phases consisting of 40 no. three bedroom semi detached, 14 no. four bedroom semi-detached and 29 no. four bedroom detached.

The development has been designed in a traditional Georgian architectural style with render and brick finishes and the wide variety of two storey house types, sizes and accommodation are appropriate and proven in the local market place. The house types are designed to cater for all buyer types including first time buyers, small families, growing families and those downsizing.

The layout of the 3 phases integrate very well together. Each phase has been designed to incorporate clusters of houses in cul-de-sacs with open green spaces. Many of the road frontage houses have direct access off the Lisnamonaghan Road and Old Caulfield Road which is a unique feature of the development design and provides for a very attractive and appealing onward development.

There has been strong demand in the area for new developments with limited new housing schemes built in recent times and a lack of availability of zoned housing land. The resale market in the local area for similar house types to those proposed, continues to perform exceptionally well and we forecast high demand for the onward development due to its highly convenient location and close proximity to the A4 Bypass (leads to M1 Motorway). Castlecaulfield continues to appeal to a wide spectrum of potential buyers from within the local vicinity, surrounding towns, hamlets, villages and commuters due to its proximity to the M1 Motorway.

The site benefits from available capacity in the local WwTW to serve the entire development. Building Control applications were submitted prior to the implementation of the new Building Regulations in June 2022 with approvals pending.

The sale of this site represents an excellent opportunity to acquire a virtually 'ready to go site'.

LOCATION

Named for its castle constructed c. 1619, Castlecaulfield is a charming village, steeped in history that lies at the heart of Northern Ireland.

Perfectly positioned close to Dungannon and Cookstown in Mid-Ulster, Castlecaulfield offers a tranquil village escape with easy access to town life and the main roads network for commuting throughout the province.

A model of village living, Castlecaulfield offers two sought after primary schools, a convenience store, butchers, hairdressers, a takeaway and a charming public house. A wealth of cultural, recreational and leisure opportunities are also minutes away in the nearby picturesque Donaghmore village and bustling Dungannon town (both less than 3 miles away) with superb schools, shopping amenities such as The Oaks Centre, Tesco, Linen Green Retail Outlet, renowned eateries and scenic walks at Parkanaur Forest Park (c.1.6 acres), a forest park with walking trails and river extending to almost 200 hectares of woodland.

The location of the lands for sale are less than a 5 minute drive from the A4 dual carriageway which directly connects onto the M1 Motorway which provides for excellent commuting options for those commuting north, west or south. Belfast is c. 45 miles away.

The central location of Castlecaulfield ensures that it is easily accessible to Dungannon, Cookstown, Ballygawley, Armagh, Portadown, Craigavon, Omagh, Enniskillen and Belfast.

PLANNING

Full planning permission granted for 59 houses with approval for a final phase of 24 houses pending.

LANDS AT LISNAMONAGHAN ROAD

- LA09/2021/1572/F
- Planning Permission granted on 25th October 2022
- 29 Units. Site area c. 3.6 acres

LANDS AT OLD CAULFIELD ROAD (NORTH)

- LA09/2022/0365/F
- Planning approval pending
- 24 units. Site area c. 3.2 acres

LANDS AT OLD CAULFIELD ROAD (SOUTH)

- LA09/2022/0440/F
- Full planning permission granted on 8th March 2023
- 30 Units. Site area c. 3.8 acres

DATA ROOM

All relevant planning, architectural, consultant reports, Building Control and drainage network documentation relating to the lands for sale can be viewed in a Data Room.

The Data Room can be shared following registration of interest with either Simon Brien Residential or Tom Henry & Co.

PRICE

Offers Over £2,450,000

FURTHER INFORMATION

For further information please contact either:

Simon Brien F.N.A.E.A.
T: 028 9066 8888
E: sbrien@simonbrien.com

Thomas O'Doherty R.IC.S.
T: 028 9066 8888
E: todohery@simonbrien.com

Tom Henry R.IC.S.
T: 028 8772 6992
E: tom@tomhenryandco.com

Stephen Henry AssocRICS.
T: 028 8772 6992
E: stephen@tomhenryandco.com