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Killyvane, Monaghan, Co. Monaghan


Type
Site-individual

Status
Sold
Description

Larmer Property Consultants are delighted to bring to the market this opportunity to purchase a 1.28 Acres / 0.52 Hectares of ground at Killyvane, Monaghan, Co. Monaghan.

The property is superbly located on the periphery of Monaghan Town, only 1 kms from Monaghan town centre and all amenities.

The ground itself extends to 1.28 Acres, with no planning on the site at present and with potential of a small development or one off residential site.

Without the constraints of planning already in place, this blank canvas leaves the new owner endless possibilities, and the opportunity to apply for house of their own style and design. Seldom does potential sites this close to Monaghan come available.

FEATURES

1.28 Acres / 0.52 Ha of land
Only 1Kms from Monaghan town
Direct frontage onto the Ballybay Road
Located in Folio Number MN15323F

DIRECTIONS

Take the Ballybay road out of Monaghan. The land is located on your right next to the Monaghan Elim Pentecostal Church.

PROOF OF FUNDS

Before we can take and offer on a property, we need to have had sight of proof of funds. This is simply, as the term suggests, proof that the buyer has the financial means to complete the transaction at the amount of his/her offer. There are a number of means by which someone can finance the purchase of a transaction and equally a number of methods by which proof of funds can be conveyed to an agent.

Examples of Proof of Funds:
Cash + Mortgage Approval from a Financial Institution (mortgage buyers):
This is the most common proof of funds for those financing a transaction partly with cash and partly with a mortgage. To prove a cash balance, a bank statement or screenshot of same will be acceptable. Alternatively an email from a bank official confirming that a sufficient bank balance is in place is acceptable. To prove that a mortgage is in place, we require a letter of offer or approval in principle from the lending institution. The combined amount of the cash and mortgage approval will need to be at least the amount of your offer on the property.

Cash in Bank (cash buyers)
We require a bank statement(s) in your name with cash balance(s) equal to or in excess of your offer amount. Alternatively a letter from your bank or solicitor confirming a cash balance of at least your offer amount is also acceptable.

Selling an Existing Property
Very often, a buyer will be financing the purchase of a property through the sale of an existing property. From a vendor's point of view, it is a little bit risky to accept an offer that is subject to the sale of another property - this is referred to as being in a chain and if for any reason the sale of that property falls through, the offer then no longer holds any water. If trying to use the sale of an existing property as proof of funds, an email from the selling estate agent as to the offers currently on that property will give some comfort to a vendor and is probably the best thing to do in this situation.

Features
  • 1.28 Acres / 0.52 Ha of land
  • Only 1Kms from Monaghan town
  • Direct frontage onto the Ballybay Road
  • Development potential subject to planning
  • Would make excellent site for one off property
  • Located in Folio Number MN15323F
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