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14 Anna Hill, 2 Annadale Avenue, Ormeau, BT7 3JH

Offers Around £179,950
  • status Sale
  • bedrooms 3 Bedrooms
  • receptions 1 Reception
  • style Apartment
  • Price Offers Around £;179,950
  • Style Apartment
  • Bedrooms 3
  • Receptions 1
  • Heating GFCH
  • EPC Rating C77 /C77
    EPC
  • Status Sale
Adam Simpson - MRICS GOC Estate Agents Office: 028 9066 2366 DDI: 02890662366
Adam Simpson

Description

This penthouse apartment offers excellent accommodation situated on the corner of the Ormeau Road and Annadale Embankment. Convenient to the Ormeau Road amenities, Forestside shopping centre and city centre commuting. The accommodation comprises of an open plan kitchen with dining area and spacious lounge, three double bedrooms, master with ensuite and main bathroom. The property would be an ideal investement, starter home or for those seeking to downsize. It is ready to move into with the added benefit of lifts and secure undercroft car parking. Viewing is highly recommended for this popular development and sought after location.

Features

  • Excellent Penthouse Apartment Located on Third Floor
  • Three Double Bedrooms, Master with Ensuite
  • Open Plan Living/Dining/Kitchen Area
  • Lovely Views from Living Area
  • White Bathroom Suite
  • Phoenix Gas Central Heating
  • UPVC Double Glazing Throughout
  • Private Secure Car Parking
  • Intercom System
  • Vieiwng Highly Recommended to Fully Appreciate

Room Details

  • FOYER

    Lifts to apartments
  • ENTRANCE:

  • ENTRANCE HALL:

    Large Stores
  • LOUNGE: 23' 3" X 18' 0" (7.09m X 5.49m)

    Measurements taken at widest point. Feature oval window overlooking upper Ormeau Road, with unobstructed views. Open plan to:
  • KITCHEN: 11' 7" X 7' 10" (3.53m X 2.39m)

    High and low level units with built in fridge freezer. Built in oven, hob and extractor fan. Built in dishwasher, tiled floor in kitchen area with low voltage recessed lighting and built in corner breakfast bar.
  • MASTER BEDROOM: 11' 7" X 9' 9" (3.53m X 2.97m)

  • EN SUITE SHOWER ROOM:

    Ensuite corner shower with shower doors, low flush WC, wash hand basin, tiled floor and tiled cubical. Feature wall radiator and shaving point.
  • BEDROOM (2): 10' 4" X 7' 6" (3.15m X 2.29m)

  • BEDROOM (3): 9' 10" X 7' 11" (3.00m X 2.41m)

  • BATHROOM:

    White suite panelled bath with wash hand basin and corner shower with shower door. Part tiled walls and tiled floor.

Location

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Directions

Situated on the corner of Ormeau Road and Annadale Avenue junction.

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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