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Apt 16 Bell Towers, Off Ormeau Road, BT7 2HD

Offers Around £197,500
  • status Sale
  • bedrooms 3 Bedrooms
  • receptions 1 Reception
  • style Apartment
  • Price Offers Around £197,500
  • Style Apartment
  • Bedrooms 3
  • Receptions 1
  • Heating GFCH
  • EPC Rating B81 /B83 - Download
    EPC
  • Status Sale
Kirby O'Connor - Assoc RICS GOC Estate Agents Office: 028 9066 2366
Kirby O'Connor

Description

A beautiful three bedroom apartment. Situated in a popular development in a cul de sac of town houses and apartments with two allocated parking spaces. Currently offering flexible accommodation comprising of two bedrooms and two reception rooms including a lounge which is open plan to dining/kitchen, with doors leading to a private balcony overlooking Cherryvale Park. Convenient for commuting into city centre and has a variety of amenities off the Ormeau Road such as Cafés, shops and restaurants. This property has solid wooden floors and recently decorated. Viewing would be recommended.

Features

  • A Three Bedroom Apartment with Two Balconies
  • Modern Fully Fitted Kitchen
  • Lounge with Double Patio Doors leading to Private Balcony
  • Gas Central heating/Alarm System/Double Glazed Windows
  • Two Car Park Spaces
  • Modern White Bathroom Suite and Ensuite off Master Bedroom
  • Situated in a Gated Development Off Ormeau Road
  • Cul de sac of Townhouses & Apartments

Room Details

  • HALLWAY:

    Stairway to upper floors.
  • HALLWAY:

    Wooden floors.Hotpress.
  • LOUNGE/DINING OPEN PLAN TO KITCHEN 20' 0" X 17' 0" (6.10m X 5.18m)

    Range of high and low level units, single drainer stainless steel sink unit,gas hob, matching oven and cooker hood. Single drainer stainless steel sink unit.integrated fridge /freezer and dish washer.Granite work surface.Tiled floor and wooden floor in living room.Doors leading to balcony.
  • BEDROOM (1): 14' 11" X 14' 0" (4.55m X 4.27m)

    Door leading to balcony. Ensuite Double shower with shower scereen, low flush wc, wash hand basin , tiled floor amd shavers point.UPvc ceiling.
  • BATHROOM:

    White suite comprising of panel bath with shower attachment and shower screen.Low flush wc, wash hnad basin, tiled floor and part tiled walls.
  • BEDROOM (2): 14' 0" X 11' 0" (4.27m X 3.35m)

  • BEDROOM (3): 11' 0" X 9' 0" (3.35m X 2.74m)

  • Electric gates to courtyard with parking.Intercom from front door.

Location

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Directions

A developemnet at the top of the Ormeau Road at the junction of Ravenhill Road.

Mortgage Calculator

  • Property Value
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  • Int. Rate
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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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