Belfast Telegraph

Businessman spends £1.3m on Rostrevor country house

By Margaret Canning

An estate and listed country house in picturesque Rostrevor have been sold to a Co Down resident for around £1.3m, it has emerged.

Rostrevor House, set on 29 acres outside the Co Down coastal village, had been on the market at a guide price of £1.6m.

Agent Best Property Services has revealed the 14-bedroom pile and the rest of the estate was sold to someone in the Rostrevor area - despite interest from as far away as the US.

The sale includes a building from the 1960s with 58 bedrooms.

It follows Best's sale of Dartan Hall near Tynan in Co Armagh, which was sold in November for £1.73m after bidding from four potential buyers.

It's believed to have been sold to a business owner in the area.

Best said that the total sale value of both properties was over £3m.

A sales brochure for Rostrevor House said it had "attractions for either a private house purchaser seeking to restore the circa 1840s residence to its former glory, or a developer seeking to construct 25 new apartments".

And a report by planning agents Turley Associates also suggested the house could be turned into a hotel or guesthouse, health spa and gymnasium, or a museum or art gallery.

It also suggested that the 1960s building could be knocked down as it does not contribute to the character of the house.

However, Best Property Services said a deal was made in November with "a local buyer who intends to restore the residence for private use".

Meanwhile, Garry Best, managing director of Best Property Services, said 2017 had brought a 20% fall in land sales by acreage compared to 2016.

However, sales value of the land had risen to £14,000 per acre from £13,000 per acre.

He said a 14.5 acre site in Hilltown had been sold for £16,000, while 8.5 acres outside Newry had been sold for £16,250.

Belfast Telegraph

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