St. George's Church, Shore Road, Lamlash, Isle of Arran, KA27 8JY
St. George's Church, Shore Road, Lamlash, Isle of Arran, KA27 8JY
St. George's Church, Shore Road, Lamlash, Isle of Arran, KA27 8JY
St. George's Church, Shore Road, Lamlash, Isle of Arran, KA27 8JY
St. George's Church, Shore Road, Lamlash, Isle of Arran, KA27 8JY
St. George's Church, Shore Road, Lamlash, Isle of Arran, KA27 8JY
St. George's Church, Shore Road, Lamlash, Isle of Arran, KA27 8JY
St. George's Church, Shore Road, Lamlash, Isle of Arran, KA27 8JY
St. George's Church, Shore Road, Lamlash, Isle of Arran, KA27 8JY
St. George's Church, Shore Road, Lamlash, Isle of Arran, KA27 8JY
St. George's Church, Shore Road, Lamlash, Isle of Arran, KA27 8JY
St. George's Church, Shore Road, Lamlash, Isle of Arran, KA27 8JY
St. George's Church, Shore Road, Lamlash, Isle of Arran, KA27 8JY
St. George's Church, Shore Road, Lamlash, Isle of Arran, KA27 8JY
St. George's Church, Shore Road, Lamlash, Isle of Arran, KA27 8JY
St. George's Church, Shore Road, Lamlash, Isle of Arran, KA27 8JY
St. George's Church, Shore Road, Lamlash, Isle of Arran, KA27 8JY
St. George's Church, Shore Road, Lamlash, Isle of Arran, KA27 8JY
St. George's Church, Shore Road, Lamlash, Isle of Arran, KA27 8JY
St. George's Church, Shore Road, Lamlash, Isle of Arran, KA27 8JY
St. George's Church, Shore Road, Lamlash, Isle of Arran, KA27 8JY
St. George's Church, Shore Road, Lamlash, Isle of Arran, KA27 8JY
St. George's Church, Shore Road, Lamlash, Isle of Arran, KA27 8JY
St. George's Church, Shore Road, Lamlash, Isle of Arran, KA27 8JY
St. George's Church, Shore Road, Lamlash, Isle of Arran, KA27 8JY
St. George's Church, Shore Road, Lamlash, Isle of Arran, KA27 8JY
St. George's Church, Shore Road, Lamlash, Isle of Arran, KA27 8JY
St. George's Church, Shore Road, Lamlash, Isle of Arran, KA27 8JY
St. George's Church, Shore Road, Lamlash, Isle of Arran, KA27 8JY
St. George's Church, Shore Road, Lamlash, Isle of Arran, KA27 8JY

St. George's Church, Shore Road, Isle of Arran, KA27

A Partly Completed Development Opportunity In Prime Location

Street Address
St. George's Church, Shore Road, Lamlash, Isle of Arran, KA27 8JY
Price
Offers over £1,250,000
Property Type
Block of Apartments
Property Reference
MFL5195180
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Mortgage Advice

A partly-completed residential development site of 14 apartments in a prime location. Considered by many to be the finest road on the island.


Planning permission was granted on 8th February 2012 for the conversion of the church building into 8 split-level apartments and the erection of 6 newly constructed apartments within the extension building. Private parking spaces are provided for all apartments. It is assumed that the development has no onerous burdens or restrictive servitudes within the title.


Schedule of Accommodation:


All areas are shown in M2


Phase 1 Former Church Building


Flat Lower Upper Total Description


1 57.8 43.2 101.0 3 Bed Flat


2 33.8 25.4 59.2 1/2 Bed Flat


3 33.8 25.4 59.2 1/2 Bed Flat


4 38.1 33.6 71.7 1/2 Bed Flat


5 38.1 33.6 71.7 1/2 Bed Flat


12 52.9 18.8 71.7 2 Bed Flat


13 54.6 27.2 81.8 2 Bed Flat


14 54.6 27.8 82.4 2 Bed Flat


Phase 2 - Extension Building


Flat Lower Upper Total Description


6 79.2 79.2 2 Bed Flat


7 73.4 73.4 2 Bed Flat


8 79.2 79.2 2 Bed Flat


9 73.4 73.4 2 Bed Flat


10 79.2 32.9 112.1 3 Bed Flat


11 73.4 32.5 105.9 3 Bed Flat


Schedule of Accommodation:


Flats Total Accommodation 1,121.9


Common Areas


51.9 Ground Floor


23.2 First Floor


42.4 Second floor


Common Area Total 117.5


Accommodation Total 1,239.40


Residential Sales Value


Due to the excellent and exclusive location, we feel demand will be high for these apartments once constructed. We have carried out market research and spoken to a local chartered surveyor and would suggest the following re-sale valuations once completed.


Phase 1 Church Building


1: 3 Bed Flat 101.0 £225,000 Plus Terrace


2: 1/2 Bed Flat 59.2 £155,000


3: 1/2 Bed Flat 59.2 £155,000


4: 1/2 Bed Flat 71.7 £175,000 Plus Terrace


5: 1/2 Bed Flat 71.7 £175,000 Plus Terrace


12: 2 Bed Flat 71.7 £225,000


13: 2 Bed Flat 81.8 £175,000


14: 2 Bed Flat 82.4 £175,000


Phase 2 New Build/Extension


6: 2 Bed Flat 79.2 £165,000 Plus Terrace


7: 2 Bed Flat 73.4 £160,000 Plus Terrace


8: 2 Bed Flat 79.2 £160,000


9: 2 Bed Flat 73.4 £155,000


10: 3 Bed Flat 112.1 £225,000


11: 3 Bed Flat 105.9 £215,000


Total GDV = £2,535,000


Services:


We believe that water is currently available on the site and all other main services are located in the vicinity of the site. There are residential dwellings in the locale, which all have access to services. However, prospective purchasers should make their enquiries with the appropriate service providers.


Information Pack:


Further information, which includes supporting surveys, planning drawings and decision notice is available upon request.

The description of properties on the website do not form part of any offer and all statements and photographs are for illustrative purposes only and not guaranteed. Buyers must satisfy themselves on the accuracy and authenticity of each property listed.