Shanco, Killeevan, Newbliss, Co. Monaghan

Larmer Property are delighted to bring to the market Shanco, Killeevan, Co. Monaghan. This detached two-storey property is derelict and in need full restoration. To the side is a double garage with spacious private parking and gardens to the rear.

The property is located in the idyllic countryside setting of Killeevan, Co. Monaghan. This charming property is in need of full restoration, where grants of up to 70,000 are now readily available for you to put your own stamp on this home.

This type of property will instantly appeal to those seeking the solace of a countryside retreat. It has access to mains water connection, and with a septic tank located on-site.

The accommodation extends to 75 Sq. Mtrs. / 807 Sq.ft.

This property affords the opportunity to extend the floor plan should you desire to do so or simply restore this beautiful home back to its original glory.

Viewing Highly Recommended.

ACCOMMODATION

Entrance Porch –

Sitting Room –

Living Room –

Kitchen / Dining Room –

Shower Room –

Bedroom 1 –

Bedroom 2 –

FEATURES
Charming detached two-storey residence
Detached Garage to side
Substantial 70,000 grants available to renovate this property type
Great investment
Affordable Price Bracket
Mains Water available in the village
Traditional septic tank on-site

BER Details
BER: G

DIRECTIONS
Take the Clones road out of Monaghan (N54) Drive straight through Smithborough village and take the first road to the left for Magherarney. Keep going to the end of this road, and turn Left at the T junction in Killeevan and the house is on the left – See sign. See Larmer Sign

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 vendors 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.