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59 Galwally Avenue, Belfast, BT8 7AJ

Offers Around £365,000
  • status Sale
  • bedrooms 3 Bedrooms
  • receptions 2 Receptions
  • style Detached Bungalow
  • Price Offers Around £365,000
  • Style Detached Bungalow
  • Bedrooms 3
  • Receptions 2
  • Heating OFCH
  • EPC Rating G11 /D55
    EPC
  • Status Sale
Gerry O'Connor GOC Estate Agents Office: 028 9066 2366
Gerry O'Connor

Description

Rare opportunity to acquire an attractive bungalow in this exclusive south Belfast location within walking distance of Belvoir golf Club , Forestside Shopping centre and easy access to public transport and the city centre. The garden is well stocked and laid out with many flowers, shrubs and plants capturing the sun all day to facilitate Apple,Plum,Fig,Almond and Quince trees. Also soft fruits,raspberries,gooseberries,blackcurrant's and rhubarb and a raised vegetable bed. A peaceful city haven with a backdrop of the historic original Belvoir Estate Wall. There is ample room to rear with potential for extension if neccessary (subject to planning permission).

Features

  • Detached Chalet Bungalow Overlooking Belvoir Lake
  • A Highly Sought After Location Offering Easy Access To Many Local Ammentities
  • Oil Fired Central Heating
  • Attached Garage
  • 3 Bedrooms
  • 2 Reception Rooms
  • Kitchen/Dining Area Recently Redecorated and New Carpets
  • Peaceful Walled Garden With Southerly Aspect
  • PVC Double Glazed Windows
  • Driveway With A Mature Front Garden

Room Details

  • ENTRANCE HALL:

    Stained wooden floor and enclosed radiator
  • CLOAKROOM:

    Plumbed for washing machine, W.C. and PWHB
  • LOUNGE: 14' 6" X 13' 11" (4.42m X 4.24m)

    Attractive original corniced ceiling
  • DINING ROOM: 14' 6" X 13' 0" (4.42m X 3.96m)

    Attractive original fire place
  • KITCHEN: 14' 6" X 13' 7" (4.42m X 4.14m)

    High and low level units, 1.5 tub stainless steel sink unit, split-level oven and ceramic hob, dishwasher, plumbed for washing machine, tiled floor.
  • BEDROOM (1): 16' 6" X 11' 0" (5.03m X 3.35m)

    Overlooking garden attractive fireplace
  • BEDROOM (2): 14' 0" X 12' 8" (4.27m X 3.86m)

    Includes eaves storage
  • BEDROOM (3): 13' 0" X 14' 9" (3.96m X 4.50m)

    Built-in cupboards and storage
  • BATHROOM:

    White suite, floating sink, panel bath with electric shower and splash back, low flush W.C.
  • ATTACHED GARAGE 22' 0" X 8' 6" (6.71m X 2.59m)

Location

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Directions

Off Upper Ormeau Road off forestside junction and then off Church Road

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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