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E5 The Elms, Malone Square, 77b Malone Road, Belfast, BT9 6SB

Offers Over £245,000
  • status Agreed
  • bedrooms 2 Bedrooms
  • receptions 1 Reception
  • style Apartment
  • Price Offers Over £245,000
  • Style Apartment
  • Bedrooms 2
  • Receptions 1
  • Heating GFCH
  • EPC Rating C77 /C79
    EPC
  • Status Agreed
Jonathan Steen - MNAEA, MIPAV, Dip. In Property GOC Estate Agents Office: 028 9066 2366
Jonathan Steen

Description

This superb ground floor apartment is situated in a quiet and exclusive development on Malone Road. The property is extremely well presented by the current owner and offers well proportioned accommodation which benefits from a superb kitchen open plan to a generous lounge with dining area and 2 double bedrooms. Situated in an extremely convenient location, close to a range of amenities and within comfortable walking distance of Queens University, this fine property offers exceptional value for money.

Features

  • Superb Ground Floor Apartment in a Prestigious Malone Road Location
  • Generous Lounge with Feature Corner Windows
  • Open Plan Luxury Fitted Kitchen
  • 2 Double Bedrooms Including Master with Ensuite Shower Room
  • Bathroom with White Suite
  • Double Glazed Windows/Gas Central Heating
  • Extremely Well Presented Throughout
  • Allocated Car Parking Space
  • Sheltered Private Patio Sitting Area
  • Beautifully Maintained Communal Grounds
  • Convenient to a Wide Range of Amenities Including Shops and Public Transport

Room Details

  • Communal front door to communal entrance hall. Front door to
  • ENTRANCE HALL:

    Wood flooring, walk in storage cupboard/cloakroom
  • LOUNGE: 20' 4" X 17' 1" (6.20m X 5.21m)

    (overall to include kitchen) Wood flooring, feature corner windows, patio door to paved patio area
  • KITCHEN WITH BREAKFAST AREA :

    Extensive range of high and low level units, granite work surfaces with matching splashback, stainless steel sink unit with granite drainer, Bosch 4 ring hob with stainless steel splashback and extractor fan, Bosch electric oven and microwave, integrated fridge freezer, tiled floor, island unit with matching granite surfaces and breakfast bar, low voltage spots
  • BEDROOM (1): 16' 8" X 9' 8" (5.08m X 2.95m)

    (at widest points) 2 built in robes, low voltage spots
  • ENSUITE SHOWER ROOM:

    White suite comprising wc, wash hand basin, integrated mirror and display cabinet, fully tiled shower cubicle with rainwater shower, tiled floor, fully tiled walls, low voltage spots, chrome heated towel rail
  • BEDROOM (2): 12' 0" X 10' 2" (3.66m X 3.10m)

    Built in robe and storage
  • BATHROOM:

    White suite comprising panelled bath with rainwater shower, wc, wash hand basin, integrated mirror and display cabinet, tiled floor, part tiled walls, low voltage spots, chrome heated towel rail
  • Beautifully maintained communal gardens and grounds. Allocated parking space

Location

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Directions

Coming out of Belfast on Malone Road, Malone Square is on the right hand side on the corner of Windsor Park

Mortgage Calculator

  • Property Value
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  • 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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