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1 Westminster Street, Belfast, BT7 1LA

Offers are Invited £169,950
  • status Sale
  • bedrooms 5 Bedrooms
  • receptions 2 Receptions
  • style Apartment
  • Price Offers are Invited £169,950
  • Style Apartment
  • Bedrooms 5
  • Receptions 2
  • Heating Gas
  • EPC Rating C69 / C69
  • Status Sale
Jonathan Steen - MNAEA, MIPAV, Dip. In Property GOC Estate Agents Office: 028 9066 2366
Jonathan Steen

Description

Westminster Street is ideally located in a popular south Belfast Location close to an array of amenities on the nearby Botanic Avenue and Ormeau Road. Queens University is also in close proximity. This prominent building is divided into two self contained apartments providing a one bedroom on the ground floor with a four bedroom duplex apartment above. Internally the property is bright and spacious throughout and the HMO registration has recently been renewed until November 2020. Given the location and rental demand in the area this property will appeal to a host of investors. Furthermore the property benefits from an area to the side of the property that offers the possibility to extend or provide car parking space.

Features

  • Prominent End Terrace Property In Popular Location
  • Two Self Contained Apartments: 1 x 1 Bed and 1 x 4 Bed
  • HMO Registration Recently Renewed For A Further 5 Years
  • Modern Internal Finish
  • Land To Side Included In Sale With Potential To Extend
  • Area of High Rental Demand
  • Rental income in the region of £15.750 per annum
  • Superb Investment Opportunity

Room Details

  • ENTRANCE HALL:

    Communal Hallway, tiled floor throughout, electric meter cupboards
  • Apartment 1

  • BEDROOM (1): 14' 7" X 11' 0" (4.44m X 3.35m)

    Into Bay window
  • LIVING ROOM: 11' 0" X 10' 9" (3.35m X 3.28m)

    Wooden laminate flooring
  • KITCHEN: 10' 1" X 6' 6" (3.07m X 1.98m)

    Range of high and low level units, plumbed for washing machine, gas boiler,
  • SHOWER ROOM:

    White Pedestal SInk, low flush wc, shower unit, extractor fan
  • OUTSIDE

    Rear Enclosed yard
  • APARTMENT 2

    Front door leading to stairwell:
  • KITCHEN: 12' 4" X 5' 10" (3.76m X 1.78m)

    Range of high and low level units, Plumbed for washing machine, integrated oven and hob, stainless steel extractor hood
  • LANDING:

    With access to fire escape
  • LIVING ROOM: 15' 1" X 11' 5" (4.60m X 3.48m)

  • BEDROOM (1): 10' 8" X 9' 9" (3.25m X 2.97m)

    Sink unit
  • Landing
  • SHOWER ROOM:

    Tiled floor, low flush wc, shower unit, white sink
  • SHOWER ROOM:

    Tiled floor, low flush wc, white sink, shower unit
  • BEDROOM (2): 11' 3" X 7' 7" (3.43m X 2.31m)

  • BEDROOM (3): 11' 4" X 7' 0" (3.45m X 2.13m)

  • BEDROOM (4): 9' 7" X 7' 10" (2.92m X 2.39m)

Location

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Directions

Westminster Street, Belfast.

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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

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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