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Development Site @, 22-26 Annadale Avenue, Belfast, BT7 3JJ

Price on Application
  • Price Price on Application
  • Style Site
  • Status Sale
Gerry O'Connor GOC Estate Agents Office: 028 9066 2366
Gerry O'Connor

Description

Investment Opportunity For Developers Annadale Avenue is one of South-East Belfast's premier residential locations and has become even more sought after over the past few years due to the popularity of the nearby Forestside Shopping Centre and the ever-thriving Ormeau Road with its shops and café society. The magnificent Belvoir Park Golf Course is also within walking distance and there is a direct bus route into the City Centre. It is a unique opportunity therefore for such a prominent site extending circa 1 acre to come to the market with Full Planning Permission for 45 apartments with underground parking. Excellent Investment Opportunity for a Developer

Features

  • Site For Development
  • Circa 1 acre
  • Full Planning Permission for 45 Apartments With Underground Parking
  • Prime South Belfast Location
  • Convenient to Forestside Shopping Complex, Leading Schools and Public Transport
  • Close to Belfast City Centre

Location

* Click boxes to display surrounding locations

Directions

Annadale Avenue runs from Ormeau Road to Annadale Embankment

Advice on Stamp Duty

Stamp Duty Land Tax is a percentage paid on the purchase of a home or non-residential property to the Inland Revenue.

How Stamp duty is calculated

Stamp Duty is worked out as a percentage of the whole value of the property, and the percentage rate payable is graded into bands as follows:

0% on properties between £0 - £125,000

2% on properties between £125,000 and £250,000

5% on properties between £250,000 and £925,000

10% on properties between £925,000 and £1,500,00012% on properties over £1,500,000

E.g. If you are buying a property at £140,000 you will have to pay stamp duty land tax of £300 i.e. 2% of £15,000.

Payment of Stamp Duty or claiming relief

Stamp duty is payable upon completion of the purchase of a property and your solicitor will have previously asked you to complete and sign an SDLT return. A return is completed even if you are eligible for stamp duty exemption and your solicitor will assist you with the completion of these forms, and will deal with the formalities of payment and lodging the forms.
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