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Apt 5 Merrion Hall, 71- 73 Ulsterville Avenue, Belfast, BT9 7AT

Offers invited in the region of £179,950
  • status Sale
  • bedrooms 3 Bedrooms
  • receptions 1 Reception
  • style Apartment
  • Price Offers invited in the region of £;179,950
  • Style Apartment
  • Bedrooms 3
  • Receptions 1
  • Heating Gas
  • EPC Rating C78 /B81
    EPC
  • Status Sale
Jonathan Killen GOC Estate Agents Office: 028 9066 2366
Jonathan Killen

Description

Merrion Hall enjoys an unrivalled location close to both hospitals City and Royal plus the busy social and shopping scene on the Lisburn Road. It is also on a main bus route with easy access to the City Centre. The apartment has been occupied by the current owners since construction and has served the family well. Wooden floors and tiling throughout offer easy maintenance and secure parking to the rear with electrically operated gates. The kitchen is fully equipped open plan to spacious living area with bathroom and en-suite offerig tiled floors and part tiled walls. The bedrooms are well proportioned offering flexible accommodation. Viewing is highly recommended.

Features

  • 3 Excellent Bedrooms
  • Prime Location Close to City Hospital & Queens University Belfast
  • Ulsterville is an Impressive Wide Tree Lined Avenue of Victorian & Edwardian Terraces with Smaller Inter-War Development at the Lower End
  • Merrion Hall is an Attractive Red Brick Development with Gated Parking to the Rear
  • Well-Fitted Attractive Second Floor Apartment with Semi-Solid Floor Finish Throughout
  • Full Equipped Kitchen, Open Plan Living Room
  • Master Bedroom with Shower Room En Suite
  • Gas Fired Central Heating and PVC Double Glazed Windows

Room Details

  • ENTRANCE HALL:

  • KITCHEN/LIVING ROOM: 20' 0" X 12' 0" (6.10m X 3.66m)

    Shaker units, gas hob, elecrtic oven, stainless steel extractor fan, integrated dishwasher, fridge & freezer. Tiled walls, semi-solid floor, plumbed for washing machine
  • BATHROOM:

    Part tiled walls, tiled floor, wash hand basin, WC and white bath suite with shower screen.
  • MASTER BEDROOM: 12' 8" X 7' 8" (3.86m X 2.34m)

    Leading to En Suite - Part tiled walls, tiled floor, corner shower unit, wash hand basin and WC.
  • BEDROOM (2): 11' 3" X 11' 3" (3.43m X 3.43m)

  • BEDROOM (3): 10' 0" X 7' 5" (3.05m X 2.26m)

Location

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Directions

Merrion Hall is located at 71-73 Ulsterville 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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