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1 Malone Chase, Off Malone Road, Belfast, BT9 6XF

Offers Around £297,500
  • status Sale
  • bedrooms 4 Bedrooms
  • receptions 2 Receptions
  • style Detached
  • Price Offers Around £297,500
  • Style Detached
  • Bedrooms 4
  • Receptions 2
  • Heating GFCH
  • EPC Rating C69 / C73
  • Status Sale
Kirby O'Connor - Assoc RICS GOC Estate Agents Office: 028 9066 2366
Kirby O'Connor

Description

GOC Estate Agents are delighted to bring to the market this excellent detached family home located in Malone, South Belfast. Boasting great accommodation throughout this home offers a great opportunity to be within walking distance to a range of leading Primary and Grammar schools. The property is also a five minute walk from the Lisburn Road offering a range of local amenities and services. Accommodation includes entrance hall, lounge, open plan kitchen/ dining area and ground floor WC. On the first floor there are three double bedrooms, an office and a main bathroom. On the second floor there is a further double bedroom. Outside there is a front and side garden with decked area to rear and driveway parking. Other benefits include full HMO status, phoenix gas central heating and double glazing. Viewing is highly recommended to fully appreciate.

Features

  • Detached Family Home Providing Excellent Living Accommodation
  • Within Close Walking Distance to Leading Primary & Grammar Schools
  • Lounge with French Doors to Garden
  • Open Plan Kitchen/ Dining Area
  • Ground Floor WC
  • Four Double Bedrooms & Office
  • Main Bathroom
  • Fully HMO Registered for Four People
  • Front and Side Gardens with Decking to Rear
  • Driveway Parking
  • Currently rented at £1100 pm until Sept 2017
  • Viewing Highly Recommended to Fully Appreciate

Room Details

  • UPVC front door with glass panels. Solid wooden flooring in entrance hall.
  • LOUNGE: 18' 8" X 9' 11" (5.69m X 3.02m)

    Solid wooden flooring, french sliding doors to patio.
  • OPEN PLAN KITCHEN/ DINING ROOM: 18' 3" X 10' 0" (5.56m X 3.05m)

    Kitchen- Range of high and low level units, integrated oven with four ring gas hob, stainless steel extractor hood, sink with mixer tap. Plumbed for washing machine, tiled floor and part tiled walls. PVC door to access rear of property. Dining Area- Solid wooden flooring.
  • WC:

    White suite comprising of wash hand basin and low flush WC, tiled floor and walls.
  • BEDROOM (1): 10' 1" X 8' 8" (3.07m X 2.64m)

  • STORAGE CUPBOARD:

    Gas baxi boiler
  • BATHROOM:

    White suite comprising low flush WC, wash hand basin, heated towel rail, panelled bath with shower screen and gas thermostatic shower, lino flooring and extractor fan.
  • BEDROOM (2): 10' 2" X 11' 10" (3.10m X 3.61m)

  • BEDROOM (3)/ OFFICE: 7' 3" X 6' 3" (2.21m X 1.91m)

  • BEDROOM (4): 9' 11" X 9' 2" (3.02m X 2.79m)

  • BEDROOM (5): 18' 2" X 12' 11" (5.54m X 3.94m)

    Velux window.
  • Gardens to the front,side and rear. Driveway to the rear.

Location

* Click boxes to display surrounding locations

Directions

Malone Chase is located off Windsor Avenue, opposite St Brigid's Church, Malone.

Mortgage Calculator

  • Property Value
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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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