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52D Wellington Park, Malone Road, Belfast, BT9 6DP

Offers Over £195,000
  • status Sale
  • bedrooms 2 Bedrooms
  • receptions 1 Reception
  • style Apartment
  • Price Offers Over £195,000
  • Style Apartment
  • Bedrooms 2
  • Receptions 1
  • Heating Gas
  • EPC Rating C74 / C77
  • Status Sale
Jonathan Steen - MNAEA, MIPAV, Dip. In Property GOC Estate Agents Office: 028 9066 2366
Jonathan Steen

Description

This spacious 1st floor apartment is ideally located on Wellington Park and convenient to both Malone and Lisburn Roads. The property is well presented and offers 2 double bedrooms along with an open plan living room and kitchen area along with a sheltered balcony sitting area and residents parking. Situated in a prime location, close to many amenities, including Belfast City Hospital and Queens University, viewing is recommended.

Features

  • Superb 1st Floor Apartment in a Prestigious and Sought After South Belfast location
  • Spacious Lounge with Feature Fireplace and Bay Window
  • Modern Fitted Kitchen with Dining Area
  • 2 Double Bedrooms Including Master with Ensuite Shower Room
  • Bathroom with White Suite
  • Double Glazed Windows
  • Gas Central Heating
  • Extremely Well Presented Throughout
  • Private Balcony Sitting Area Accessed from Master Bedroom
  • Convenient to a Range of Local Amenities

Room Details

  • Secure communal front door. Communal entrance hall with stairs to 1st floor
  • Communal landing, front door to
  • ENTRANCE HALL:

    Tiled floor, storage cupboard
  • LOUNGE: 18' 0" X 13' 9" (5.49m X 4.19m)

    Bay window, wood flooring, attractive fireplace with gas coal effect fire and tiled hearth, cornice ceiling, low voltage spots.
  • KITCHEN: 9' 9" X 8' 4" (2.97m X 2.54m)

    Range of high and low level units, work surfaces, single drainer stainless steel sink unit with mixer taps, 4 ring gas hob with electric oven under, extractor fan, integrated washing machine, integrated fridge, low voltage spots, tiled floor, part tiled walls
  • BEDROOM (1): 15' 4" X 10' 8" (4.67m X 3.25m)

    Access to balcony sitting area
  • ENSUITE SHOWER ROOM:

    White suite comprising low flush wc, pedestal wash hand basin, fully tiled shower cubicle, tiled floor, extractor fan, low voltage spots
  • BEDROOM (2): 15' 4" X 8' 7" (4.67m X 2.62m)

    Concealed gas fired boiler
  • BATHROOM:

    White suite comprising panelled bath with mixer taps and shower attachment, low flush wc, pedestal wash hand basin, part tiled walls, tiled floor, low voltage spots, extractor fan
  • Ample residents and visitor parking

Location

* Click boxes to display surrounding locations

Directions

Wellington Park runs from Malone Road to Lisburn Road

Mortgage Calculator

  • Property Value
  • Deposit
  • Loan Amount
  • 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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