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16 College Drive, Wellington Square, BT7 3LF

Offers Around £255,000
  • status Sale
  • bedrooms 4 Bedrooms
  • receptions 1 Reception
  • style Terrace
  • Price Offers Around £255,000
  • Style Terrace
  • Bedrooms 4
  • Receptions 1
  • Heating Gas
  • EPC Rating D68 /C71
    EPC
  • Status Sale
Kirby O'Connor - Assoc RICS GOC Estate Agents Office: 028 9066 2366
Kirby O'Connor

Description

A well presented town house over three floors offering flexible accommodation, integral garage with driveway and private rear gardens. Comprising of lounge with private balcony, kitchen with dining on the first floor, utility room and garage on the ground floor. Four bedrooms, master with en suite and dressing room. Recently decorated, modern kitchen and bathrooms. Set in a popular development in the Ormeau Area off Annadale Avenue. Convenient to Ormeau Road,commuting to Belfast, many schools in the area and Lagan tow path. Viewing would be recommended.

Features

  • MID TERRACE
  • 4 Bedrooms, Master bedroom Ensuite & Dressing Area
  • Lounge with Sliding patio door to Balcony
  • Phoenix Gas Central Heating & Double Glazed Windows
  • White Bathroom Suite
  • Luxury Kitchen with Integrated Appliances and Open Plan to Dining Area
  • Downstairs Bathroom
  • Integral Garage leading to Private Driveway and Small Garden area to Front
  • Private Rear Gardens in Lawns Enclosed with small Patio Area

Room Details

  • HALLWAY:

    Laminate flooring. Double store with shelving and hanging space.
  • CLOAKROOM:

    Comprising of low flush wc, wash hand basin, half tiled walls and tiled floor.
  • INTEGRAL GARAGE: 20' 0" X 10' 0" (6.10m X 3.05m)

    Up and over door, boiler, light and power.
  • UTILITY ROOM: 11' 0" X 6' 11" (3.35m X 2.11m)

    Range of lower units, single drainer stainless steel sink unit, washing machine, tumble dryer and tiled floor.
  • BEDROOM (4): 11' 0" X 9' 0" (3.35m X 2.74m)

    Under stairs storage.
  • KITCHEN WITH BREAKFAST AREA : 16' 0" X 11' 0" (4.88m X 3.35m)

    Range of high and low level units, 1.5 stainless steel sink unt. Integrated dish washer. Built in oven and gas hob with matching stainless steeel steel cooker hood. Inetgrated Fridge/Freezer, granite work surfaces, part tiled walls and tiled floor. Concealed lighting.
  • BATHROOM:

    Comprising of panel bath with shower attachment with shower screen, panel wash hand basin, low flush wc and fully tiled.
  • LOUNGE: 16' 0" X 11' 0" (4.88m X 3.35m)

    Gas fire with wooden mantle and granite inset with matching hearth. Patio door leading to tiled balcony over the garage to the front of the house.
  • BEDROOM (1): 16' 11" X 11' 11" (5.16m X 3.63m)

    Dressing room and ensuite comprising of wash hand basin, low flush wc, shower cubical.
  • BEDROOM (2): 11' 10" X 10' 0" (3.61m X 3.05m)

  • BEDROOM (3): 11' 0" X 7' 0" (3.35m X 2.13m)

  • BATHROOM:

    Fully tiled with panel bath, shower attachment with screen. Low flush wc and wash hand basin.
  • Driveway to front small garden area. To the rear enclosed and in lawns.

Location

* Click boxes to display surrounding locations

Directions

Driving along Annadale Avenue turn into Wellington Square. Drive into the development to the round about straight ahead to College Drive.

Mortgage Calculator

  • Property Value
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  • Repayment/month
 

Disclaimer: The following calculations act as a guide only, and are based on a typical repayment mortgage model. Financial decisions should not be made based on these calculations and accuracy is not guaranteed. Always seek professional advice before making any financial decisions.

Advice on Stamp Duty

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.  You usually pay Stamp Duty Land Tax (SDLT) on increasing portions of the property price above £125,000 when you buy residential property, eg a house or flat.

There are different rules if you’re buying your first home and the purchase price is £500,000 or less.

Use the SDLT calculator to work out how much tax you’ll pay.


Rates if you’re buying your first home

You can claim a discount (relief) so you don’t pay any tax up to £300,000 and 5% on the portion from £300,001 to £500,000.

You’re eligible if:

·you, and anyone else you’re buying with, are first-time buyers

·you complete your purchase on or after 22 November 2017

If the price is over £500,000, you follow the rules for people who’ve bought a home before.


Rates if you’ve bought a home before

Freehold sales and transfers

You can also use this table to work out the SDLT for the purchase price of a lease (the ‘lease premium’).


Property or lease premium or transfer value                                              SDLT rate

Up to £125,000                                                                                                Zero
The next £125,000 (the portion from £125,001 to £250,000)                       2%
The next £675,000 (the portion from £250,001 to £925,000)                       5%
The next £575,000 (the portion from £925,001 to £1.5 million)                    10%
The remaining amount (the portion above £1.5 million)                              12%

Example

If you buy a house for £275,000, the SDLT you owe is calculated as follows:

  • 0% on the first £125,000 = £0
  • 2% on the next £125,000 = £2,500
  • 5% on the final £25,000 = £1,250
  • Total SDLT = £3,750

New leasehold sales and transfers

When you buy a new residential leasehold property you pay SDLT on the purchase price of the lease (the ‘lease premium’) using the rates above.
If the total rent over the life the lease (known as the ‘net present value’) is more than £125,000, you also pay SDLT of 1% on the portion over £125,000 - unless you buy an existing (‘assigned’) lease.

You can work out how much SDLT you’ll pay for your new residential lease using HMRC’s:

Higher rates for additional properties

You’ll usually have to pay 3% on top of the normal SDLT rates if buying a new residential property means you’ll own more than one.

Use the SDLT calculator to work out how much tax you’ll pay.  You may not have to pay the higher rates if you exchanged contracts before 26
November 2015. 


If you’re replacing your main residence

You won’t pay the extra 3% SDLT if the property you’re buying is replacing your main residence and that has already been sold.  If there’s a delay selling your main residence and it hasn’t been sold on the day you complete your new purchase:

  • you’ll have to pay higher rates because you own 2 properties
  • you may be able to get a refund if you sell your previous main home within 36 months
  • There are special rules if you own property with someone else or already own a property outside England, Wales and Northern Ireland.
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