Key Features
Development Opportunity
Site extending to 1.6 Acres
Prominent location with existing derelict buildings
Guide Price: £150,000
Description
A STRATEGIC DEVELOPMENT OPPORTUNITY WITHIN THE HEART OF CASTLEWELLAN
Station Road / Dundrinne Road represents an opportunity to acquire a substantial town-centre landholding extending to approximately 1.6 acres within the established settlement of Castlewellan.
Occupying a prominent corner position within a mature residential neighbourhood, the site comprises former yard buildings, an existing dwelling, and an open central plateau surrounded by mature trees and established boundary landscaping.
The property lies within the development limit of Castlewellan under the Ards & Down Area Plan 2015 and is designated within Local Landscape Policy Area 3 (LLPA 3 – Corriewood House and Surroundings), reflecting the landscape and heritage context of the surrounding area.
The site presents potential for sensitively designed residential redevelopment, subject to securing the necessary statutory consents.
Rooms
THE OPPORTUNITY:
Situated within an established residential setting and within walking distance of Castlewellan town centre, the site offers an opportunity for low-density, landscape-led redevelopment.
The scale of the holding, combined with its central location, provides flexibility for bespoke residential schemes designed to respond carefully to the planning context and surrounding built environment.
Strong demand for residential accommodation within Castlewellan and the wider Mourne area underpins long-term redevelopment potential, subject to planning.
LOCATION & CONNECTIVITY:
Station Road occupies a prominent residential position within Castlewellan, located just minutes from the town centre and surrounded by established housing, healthcare facilities and mature neighbourhood development.
Castlewellan sits at the heart of the Mourne region, strategically positioned between Newcastle, Dundrum and Downpatrick. The town benefits from consistent residential demand and strong tourism-driven footfall, underpinned by Castlewellan Forest Park, the National Arboretum and direct access to the Mourne Mountains.
The property is situated:
• Within walking distance of Castlewellan Main Street
• Approximately 5 minutes from Newcastle and the Mourne coastline
• 20 minutes from Downpatrick
• 30–35 minutes from Newry (A1 / Dublin–Belfast Corridor)
• Under 1 hour from Belfast City Centre
The surrounding area comprises mature family housing, private residential dwellings and institutional uses, providing a stable and proven residential setting.
For developers and investors, the site offers the benefit of a defined settlement location within an established housing market, with long-term demand supported by the wider Mourne and South Down region.
TERMS OF SALE:
The property is being offered For Sale by Private Treaty. However, the vendor reserves the right to conclude the sale via auction or “Best and Final” bids at a date and time to be confirmed.
The criteria required from interested parties in placing an offer must include:
Confirmation of name and address of proposed purchaser
Confirmation of offer level
Proof of funds from Bank to confirm that adequate funds are available to complete the purchase at offer level
Timescale to complete the purchase post acceptance of offer
Confirmation of solicitor who will represent purchaser
10% deposit of agreed purchase price shall be payable upon agreement of sale
Further information pack to be provided at this point
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