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Apartment 42 Cotton Hall, Faulkner Road, Bangor, BT20 3JS

Price £109,950
  • status Sale
  • bedrooms 2 Bedrooms
  • receptions 1 Reception
  • style Apartment
  • Price Price £109,950
  • Style Apartment (New Build)
  • Bedrooms 2
  • Receptions 1
  • Heating GFCH
  • Status Sale
Jonathan Steen - MNAEA, MIPAV, Dip. In Property GOC Estate Agents Office: 028 9066 2366
Jonathan Steen

Description

Inspired by Bangor's history as a textile town during the 19th Century, Cotton Hall combines rich heritage with aspirational living. This gated neighbourhood, in a fully maintained development of turnkey apartments, provides a secure and private living space for residents. Located on the southern fringe of Bangor, Cotton Hall is conveniently placed for residents commuting to Belfast, with twin railway stations within walking distance and access to the city centre, motorway networks and George Best city airport in minutes. Thoughtful architecture delivers a thoroughly stylish development of two bedroom apartments with contemporary brick and render facade. These spacious units feature floor to ceiling windows and a superior specification creating a comfortable and sophisticated aesthetic. As one of Northern Ireland's most sought after residential areas, Bangor offers all the amenities that families, professionals and retired residents could hope for. Among these amenities are the first class schools, sound business infrastructure, excellent health care, an abundance of indoor and outdoor activities and an extensive range of shopping. This popular coastal town satisfies urban needs with rural aspiration by striking the perfect balance between the vibrancy of city life and the wholesome outdoors.

Features

  • GENERAL
  • Internal walls, ceilings and woodwork painted in neutral colours
  • Carpet to living, dining, hall and bedrooms
  • Panelled internal doors with chrome handles
  • Gas, high efficiency boiler with thermostatically controlled radiators
  • Extensive electrical specification to include pre-wire for BT
  • One USB double socket in the kitchen and bedroom
  • Main supply smoke alarm, heat and carbon monoxide detectors
  • 10 year structural warranty
  • Bluehouse Development one year defects liability
  • KITCHEN
  • Quality kitchen fitted
  • Ceramic floor and partial wall tiling from a superior range
  • Appliances to include electric oven, gas hob and stainless steel extractor fan
  • Integrated washer dryer
  • Integrated fridge freezer
  • Main supply smoke, heat and carbon monoxide detectors
  • BATHROOM
  • Comtemporary white sanitary ware
  • Heated chrome towel rail in the bathroom
  • Floor to ceiling tiled splash back behind wash hand basin
  • Thermostatically controlled bath/shower mixer with sliding rail and frameless glass shower screen
  • Soft close toilet and cover
  • Clicker waste system in the wash hand basin
  • EXTERNAL
  • Hallway light to entrance door sensor
  • Audio intercom communication via keypad at the main communal door at each apartment block
  • Keypad and fob entry to communal entrance doors
  • Keypad and fob entry to vehicle entrance gates
  • Pedestrian gate with keypad access
  • Communal resident recreational garden seating area
  • Landscaping across the entire development
  • All communal areas are to be maintained by a management company

Room Details

  • ENTRANCE HALL:

  • LOUNGE: 18' 4" X 12' 9" (5.59m X 3.89m)

  • KITCHEN: 9' 11" X 8' 0" (3.02m X 2.44m)

  • BEDROOM (1): 11' 3" X 10' 4" (3.43m X 3.15m)

  • ENSUITE SHOWER ROOM:

  • BEDROOM (2): 11' 6" X 9' 9" (3.51m X 2.97m)

  • BATHROOM: 6' 6" X 5' 10" (1.98m X 1.78m)

Location

* Click boxes to display surrounding locations

Directions

Faulkner Road, Bangor

Mortgage Calculator

  • Property Value
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  • Int. Rate
  • Term (Yrs)
  • 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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