Kilcreen, Smithborough, Co. Monaghan

Larmer Property are delighted to bring to the market this derelict two storey residence at Kilcreen, Smithborough, Co. Monaghan. This detached two-storey property is derelict and was never fully completed in the first instance. The property is therefor in need of full restoration and completion. It is located in a stunning level site, located in a popular rural area with easy drive of a number of towns and villages. The site itself extend to approximately 0.75 Acres - See attached map for illustration purposes. To the rear is an old shed with beautiful stonework, that would be fabulous if restored. The property is located in this idyllic countryside setting of Kilcreen, Smithborough, Co. Monaghan. This charming property is in need of full restoration and completion. There are grants of up to €70,000 now readily available for derelict properties, and this property is a prime example. This type of property will instantly appeal to those seeking the solace of a countryside retreat. It has easy access to mains Aughnashalvey group water scheme, and there is no septic tank in place at present. We highly recommend viewing. FEATURES Charming detached two-storey residence Constructed 1950 Large 0.75 Acre Level Site Substantial €70,000 grants available to renovate this property type Mains Water available (Aughnashalvey Group Water Scheme) BER Details BER: G BER No.118023808 Energy Performance Indicator:1168.94 kWh/m²/yr DIRECTIONS There are a number of ways of driving to this property. From Scotstown take the Roslea road out of Clones as far as H18 RP08, drive past this house for a couple of hundred metres and the house is on the left - See Larmer Sign. Or Co ordinates are as follows : 54.2554081,-7.1245453 VIEWING DETAILS Contact the office on 04774333. 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.