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18 Fifth Avenue, Baylands, Bangor, BT20 5JP

Offers Over £325,000
  • status Agreed
  • bedrooms 3 Bedrooms
  • receptions 3 Receptions
  • style Detached
  • Price Offers Over £325,000
  • Style Detached
  • Bedrooms 3
  • Receptions 3
  • Heating OFCH
  • EPC Rating G19 /F26
    EPC
  • Status Agreed
Kirby O'Connor - Assoc RICS GOC Estate Agents Office: 028 9066 2366 DDI: 02890662366
Kirby O'Connor

Description

A Rare Opportunity to purchase this unique detached home on an elevated site with parking leading to a detached garage and enclosed well kept gardens to the rear. Comprising of two reception rooms, extended kitchen open plan to dining area and downstairs shower room. Three bedrooms and bathroom on the first floor. Whilst the property does require modernisation and probably extension, on viewing you will instantly see it would be all worthwhile. Benefiting from a first floor balcony overlooking the sea. This home has potential to extend sitting on an excellent footprint and possibility of converting into the roofspace. This is a much sought after location close to both the Ring Road and Town Centre with a variety of amenities on your doorstep including Ballyholme Yacht Club, Bangor Golf Club and local schools. Chain free, this is an opportunity for many types of home buyer to put on their own stamp. The previous owner was an avid gardener which is evident in the stunning enclosed garden area with many mature trees and shrubs. Viewing would be recommended.

Features

  • A Detached Villa of Charm and Character with a Distinct Nautical Feel
  • Excellent Size Site with potential for further addition/extension (Subject to P.P.)
  • Mature Landscaped Gardens with many rare exotic trees and plants.
  • Excellent Parking leading to a Detached Garage
  • Two Reception Rooms both with Open Fires and many original features
  • Modern Kitchen with Dining Breakfast Area/3 Bedrooms
  • Two Bathrooms including a downstairs Shower Room
  • Oil Fired Central Heating
  • Partially Double Glazed Windows
  • Full length First Floor Balcony with Sea View in the distance
  • Popular Sought after Location

Room Details

  • ENTRANCE HALL:

    Original tiled floor.
  • LOUNGE: 20' 0" X 14' 10" (6.10m X 4.52m)

    Feature wooden beam ceiling. Open fireplace with brick surround and mantle. French Doors leading out to the pond and lawns/gardens beyond.
  • DINING ROOM: 16' 0" X 14' 5" (4.88m X 4.39m)

    Open fireplace with brick surround and matching hearth. Feature beam ceiling. Picture rail.
  • REAR HALLWAY:

    Tiled floor and Storage,Glory Hole under the stairs.
  • SHOWER ROOM:

    Fully tiled original shower cubical, low flush wc and wash hand basin.
  • KITCHEN WITH BREAKFAST AREA : 16' 0" X 9' 5" (4.88m X 2.87m)

    Renovated in 2018. Modern range of high and low level units, double oven, integrated fridge/freezer. Tiled floor, washing machine, 1 and 1/2 drainer sink unit and matching splash back with work top. Open plan to a breakfast/dining area with windows overlooking the private gardens.
  • BEDROOM (1): 17' 0" X 15' 0" (5.18m X 4.57m)

    Exposed feature beams and access to a balcony. Three floor-to-ceiling built-in cupboards.
  • BEDROOM (2): 15' 0" X 14' 0" (4.57m X 4.27m)

    French doors leading to the balcony.
  • BEDROOM (3): 11' 0" X 10' 0" (3.35m X 3.05m)

    Double built in robe and exposed beams. Access to fully floored roofspace via wooden fixed staircase.
  • BATHROOM:

    Comprising of bath, telephone shower attachment, low flush wc, wash hand basin and mostly tiled walls.
  • ROOFSPACE:

    Fully floored , light and power.
  • DETACHED GARAGE: 15' 0" X 10' 0" (4.57m X 3.05m)

    Roller door. Gardens to front with driveway. Enclosed mature gardens, trees and shrubbery. Landscaped with a pond enclosed with mature hedging and well stocked flower beds.  

Location

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Directions

Driving along Donaghadee Road, turn into third avenue and continue on to Fifth Avenue.

Mortgage Calculator

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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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