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14 Laurel Wood, Galwally Avenue, Belfast, BT8 7RA

Offers Around £269,950
  • status Sale
  • bedrooms 3 Bedrooms
  • receptions 2 Receptions
  • style Apartment
  • Price Offers Around £269,950
  • Style Apartment
  • Bedrooms 3
  • Receptions 2
  • Heating GFCH
  • EPC Rating C73 /C76
    EPC
  • Status Sale
Jonathan Killen GOC Estate Agents Office: 028 9066 2366
Jonathan Killen

Description

This is a rare opportunity to purchase a Luxury Duplex First/Second Floor Apartment in a verdant location off Galwally Avenue. Backdropping onto Belvoir Golf Course to the rear and direct access to Belvoir Forest and the Lagan Tow Path. The property benefits from four good size Balconies, perfect for any sun worshiper. It has a spacious Living accommodation, including a private Reception Room with a South Facing Balcony, a welcoming Dining Hall leading to a modern fitted Galley Kitchen with high end Integrated Appliances. The First Floor also comprises of a Master Bedroom Suite with private Hallway leading to a well presented Ensuite with Built-in Wardrobes and a Private Balcony. The Second Floor of the property benefits from a Balcony Style Landing, leading to a recently refurbished Bathroom and two Spacious Double Bedrooms, each with Private Balconies. The area has a wealth of local amenities including Forestside Shopping Centre, a convenient main bus route to Belfast City centre and it has a beautiful walk past Belvoir lake with much wildlife. The property is within walking distance of Belvoir Golf Club, and with arterial routes close by, the property is in an ideal location the Motorway with swift access to George Best City Airport, Holywood and North Down. Viewing is highly recommended to avoid disappointment.

Features

  • Luxury Duplex Apartment in quiet mature setting off Galwally Avenue
  • Hardwood Junker Maple Flooring Throughout
  • Excellent Bright Reception Room with Sandstone Fireplace and South Facing Balcony
  • Spacious Dining Hall with Minstrel Gallery to Second Floor opening to Galley Kitchen with Modern Integrated Appliances
  • Master Bedroom Suite with Private Hallway and Ensuite
  • Two Spacious Double Bedrooms with Private Balconies
  • Junkers Maple Hardwood Floor
  • Gas Fired Central Heating
  • Double Glazed Throughout
  • One Private Parking Space with Ample Visitor Parking to the Front of Building

Room Details

  • ENTRANCE HALL:

    Junkers Maple Flooring
  • RECEPTION ROOM: 20' 1" X 14' 8" (6.12m X 4.47m)

    Junkers Maple Flooring, Sandstone Fireplace with Gas Fire Insert, Private South Facing Balcony.
  • KITCHEN: 13' 0" X 8' 5" (3.96m X 2.57m)

    Galley Style Kitchen, Tiled Floor, Modern Appliances including Oven and Warming Drawer, Integrated Microwave, Dishwasher and Fridge Freezer. 5 Ring Gas Hob, Pull Out Larder, Plumber for Washing Machine and Italian Glass Sink.
  • MASTER BEDROOM SUITE: 13' 6" X 11' 4" (4.11m X 3.45m)

    Built in Wardrobes and Private Balcony
  • EN SUITE: 6' 9" X 6' 9" (2.06m X 2.06m)

    Shower, wash hand basin and low flush wc
  • BALCONY LANDING:

    Minstrel Gallery
  • BEDROOM (3): 12' 10" X 11' 0" (3.91m X 3.35m)

    Eaves Storage and Private Balcony
  • BEDROOM (3): 12' 10" X 11' 0" (3.91m X 3.35m)

    Eaves Storage and Private Balcony
  • BATHROOM:

    Recently Refurbished, Wash Hand Basin with Vanity Unit, Low Flush WC, Rainfall Shower and Bath.
  • Store Room

Location

Show Map

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Directions

Laurel Wood is located on Galwally Avenue, on the left hand side.

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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