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E1 The Elms, Malone Square, 77b Malone Road, Belfast , BT9 6SB

Offers Around £260,000
  • status Sale
  • bedrooms 2 Bedrooms
  • receptions 1 Reception
  • style Apartment
  • Price Offers Around £260,000
  • Style Apartment
  • Bedrooms 2
  • Receptions 1
  • EPC Rating C78 /C79
    EPC
  • Status Sale
Kirby O'Connor - Assoc RICS GOC Estate Agents Office: 028 9066 2366
Kirby O'Connor

Description

*SPACIOUS GROUND FLOOR APARTMENT WITH ONE SOUTH FACING AND ONE WEST FACING PATIO/TERRACES* This is surely one of the most attractive apartments in this prestigious development constructed in 2008. The high level of finish has been meticulously maintained by the current owners and is ready for immediate occupation. Located just at the junction of Windsor Park and Malone Road your car is redundant at weekends as you are an easy walk to Lisburn Road, Queens University, Botanic Gardens and a bus at your door to the City Centre. This apartment ticks all the boxes! Viewing is highly recommended to fully appreciate this beautiful modern apartment.

Features

  • *SPACIOUS GROUND FLOOR APARTMENT WITH ONE SOUTH FACING AND ONE WEST FACING PATIO/TERRACES*
  • Luxuriously Appointment Apartment, as new with full Music/TV Surround Sound system throughout
  • Bedrooms fitted out with Integrated Wardrobe space and TV Screens
  • Solid Wooden Floors to main areas and Semi-Solid to Bedrooms with Polished Tile Kitchen Area
  • Bright and Spacious Open Plan Living Room / Kitchen area 24' 9 x 16' 7
  • Luxury fitted Kitchen with full range of Integrated Appliances and Granite Work Surfaces
  • Secure Allocated Car Parking
  • Gas-Fired Central Heating and Double-Glazed throughout
  • Security Alarm and Intercom system
  • Luxury Bathroom and Ensuite

Room Details

  • ENTRANCE HALL:

    Hallway with large utility / storage/ cloakroom plumbed for washing machine and surround sound control system. Gas Boiler.
  • LOUNGE / KITCHEN: 24' 9" X 16' 7" (7.54m X 5.05m)

    Open plan lounge with laminate wooden floor leading to modern kitchen with tiled flooring and range of high and low level units integrated fridge/freezer, oven and other appliances.
  • BEDROOM (1): 13' 0" X 13' 0" (3.96m X 3.96m)

    Laminat Flooring. Two double robes. En suite with double rain shower.
  • BEDROOM (2): 13' 0" X 11' 6" (3.96m X 3.51m)

    Laminate flooring. Double robes and television wall attachment.
  • BATHROOM:

  • Two separate paved patio areas off the lounge, one which is south facing and the other west facing

Location

* Click boxes to display surrounding locations

Directions

Off Malone Road at the bottom of Windsor Park

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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