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Apt 20a & Apt 20B Malone Coach House, Malone Avenue, Belfast, BT9 6ER

Offers Around £350,000
  • status Agreed
  • bedrooms 4 Bedrooms
  • receptions 2 Receptions
  • style Apartment
  • Price Offers Around £;350,000
  • Style Apartment
  • Bedrooms 4
  • Receptions 2
  • Heating Gas
  • EPC Rating C72 /C76
    EPC
  • Status Agreed
Kirby O'Connor - Assoc RICS GOC Estate Agents Office: 028 9066 2366
Kirby O'Connor

Description

A unique opportunity to purchase this Coach House on Malone Avenue. A hidden treasure comprising of two self contained apartments benefiting from two double bedrooms, open plan kitchen/ living area and good sized bathrooms in each of them and both have private entrances.Refurbished property with traditional exposed stone walls, vauted ceiling in the first floor and exposed beams is sure to attract interest so early viewing is highly recommended. Situated in a popular location off the Malone Road with gates leading to private off street parking. With this apartment complex only being a short walk from Queens University, Stranmillis Teaching College and Belfast city centre, this property will appeal to buyers or investors alike. Viewing would be recommended

Features

  • A Detached Coach House with Two Self Contained Apartments
  • Excellent Two Bedroom in the First & Second Floor Apartment
  • Good Sized Double Bedrooms, Both With Large Built In Wardrobe Space
  • Rustic Style Open Plan Living/ Kitchen/ Dining Areas
  • Private Car Parking behind Gates
  • Phoenix Gas Heating
  • Double Glazed Windows Throughout
  • White Bathroom Suites
  • Located Close to Queens University, off Malone Avenue in a Quiet Courtyard

Room Details

  • ENTRANCE PORCH:

    Stairs to first floor
  • LOUNGE/DINING/KITCHEN: 18' 0" X 16' 0" (5.49m X 4.88m)

    Original reclaimed exposed brick wall, vaulted ceiling open plan to kitchen. Comprising of high and low level units, 1.5 stainless steel sink unit,gas hob, oven with cooker hood.
  • BEDROOM (1): 15' 10" X 7' 10" (4.83m X 2.39m)

  • BEDROOM (2): 15' 0" X 7' 0" (4.57m X 2.13m)

  • BATHROOM:

    Comprising of cast iron bath, shower overhead, low flush wc and wash hand basin.
  • ENTRANCE PORCH:

  • LOUNGE/DINING/KITCHEN 16' 0" X 14' 0" (4.88m X 4.27m)

    Tiled floor, open plan to kitchen with range of high and low level units.Gas hob and oven 1.5 stainless steel sink unit, integrated fridge and dishwasher.
  • REAR HALLWAY:

    Area plumbed fro washing machine, gas boiler and Emo Vent system.
  • BEDROOM (1): 15' 10" X 7' 10" (4.83m X 2.39m)

    Built in robe and wooden floors.
  • BEDROOM (2): 15' 0" X 7' 10" (4.57m X 2.39m)

    Built in robes and laminate flooring.
  • BATHROOM:

    Comprising of cast iron bath, shower over with shower screen, low flush wc and wash hand basin.Fully tiled.
  • Courtyard with parking and gates.

Location

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Directions

Located at number 20 Malone Avenue, Belfast, BT9

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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