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33A & B Candahar Street, Belfast, BT7 3AR

Offers Around £240,000
  • status Sale
  • bedrooms 8 Bedrooms
  • receptions 2 Receptions
  • style Apartment
  • Price Offers Around £240,000
  • Style Apartment
  • Bedrooms 8
  • Receptions 2
  • Heating Oil
  • EPC Rating D55 /D67
    EPC
  • Status Sale
Kirby O'Connor - Assoc RICS GOC Estate Agents Office: 028 9066 2366 DDI: 02890662366
Kirby O'Connor

Description

This red brick mid terrace is located off the popular and convenient Ormeau Road, offering ease of access to and from the City Centre and towards the Outer Ring. The Ormeau Road itself offers a wide range of social and recreational facilities coupled with Forestside Shopping Centre only a short distance away. The property itself is divided into two self contained apartments. The ground floor comprises of a three bed apartment with living room, kitchen and bathroom whilst the Upper floors contain a self contained five bedroom apartment. Both are complimented with separate oil fired central heating systems and partial double glazing. These two units both have the benefit of off street parking. Currently rented £700 for the ground floor and £800 for the upper unit. Potential for higher rental income, priced accordingly. Viewing is highly recommended to fully appreciate.

Features

  • Two Self Contained Apartments
  • Ideal Investment Opportunity, Currently Rented Month to Month
  • Two Separate Oil Fired Central Heating Systems
  • Ground Floor Three Bedroom Apartment
  • First Floor Five Bedroom Apartment
  • Kitchens & Bathrooms in Both Apartments
  • Driveway providing off Street Parking for both units
  • Partly Double Glazed Windows
  • Popular Location off Ormeau Road

Room Details

  • ENTRANCE PORCH:

  • APARTMENT 1 (33A):

  • LOUNGE: 12' 10" X 11' 7" (3.91m X 3.53m)

    Open fireplace with wooden surround, tiled hearth and inset. Laminated floor, built in hot-press, copper cylinder lagged and shelved.
  • KITCHEN: 12' 8" X 6' 4" (3.86m X 1.93m)

    Range of high and low level units, cooker point, single drainer stainless steel sink unit, plumbed for washing machine, extractor hood, laminated floor and part tiled walls.
  • BEDROOM (1): 11' 4" X 10' 1" (3.45m X 3.07m)

    Laminated wooden floor.
  • BATHROOM:

    White suite comprises panelled bath, low flush WC, pedestal wash hand basin, electric shower over bath. Part tiled walls and extractor fan.
  • BEDROOM (2): 10' 10" X 9' 5" (3.30m X 2.87m)

    Laminated floor.
  • BEDROOM (3): 12' 0" X 9' 10" (3.66m X 3.00m)

    Laminated floor.
  • ENTRANCE HALL:

    Front door separate access to apt b.
  • APARTMENT 2 (33B):

  • KITCHEN: 9' 2" X 9' 0" (2.79m X 2.74m)

    Range of high and low level units, single drainer stainless steel sink unit, cooker point, plumbed for washing machine, extractor fan and part tiled walls.
  • BEDROOM (1): 12' 11" X 6' 4" (3.94m X 1.93m)

    Vanity wash hand basin.
  • BATHROOM:

    Four piece suite, low flush WC, pedestal wash hand basin, panelled bath, shower cubicle, electric shower, part tiled walls. Built in hot-press, copper cylinder lagged and shelved.
  • LOUNGE: 10' 7" X 17' 1" (3.23m X 5.21m)

  • BEDROOM (2): 10' 3" X 5' 10" (3.12m X 1.78m)

    Vanity wash hand basin.
  • BEDROOM (3): 10' 11" X 7' 0" (3.33m X 2.13m)

    Double glazed velux windows, vanity wash hand basin.
  • SHOWER ROOM:

    Low flush WC, shower cubicle, electric shower and extractor fan.
  • BEDROOM (4): 8' 9" X 10' 10" (2.67m X 3.30m)

    Double glazed windows, vanity wash hand basin and under eaves storage.
  • BEDROOM (5): 10' 11" X 10' 1" (3.33m X 3.07m)

    Vanity wash hand basin and dormer window.
  • Enclosed rear yard, two UPVC oil tanks and two oil fired central heating boilers. Car parking to side.

Location

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Directions

Off the Ormeau Road.

Mortgage Calculator

  • Property Value
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  • Int. Rate
  • Term (Yrs)
  • 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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