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2 Laurelwood, Off Galwally Avenue, Belfast, BT8 7RA

Offers Over £250,000
  • status Agreed
  • bedrooms 3 Bedrooms
  • receptions 1 Reception
  • style Apartment
  • Price Offers Over £250,000
  • Style Apartment
  • Bedrooms 3
  • Receptions 1
  • Heating Gas
  • EPC Rating C76 /C77
    EPC
  • Status Agreed
Kirby O'Connor - Assoc RICS GOC Estate Agents Office: 028 9066 2366 DDI: 02890662366
Kirby O'Connor

Description

A luxury duplex apartment situated in a popular development overlooking Belvoir Forest/Golf Course. Offering flexible accommodation over two floors comprising of a bright spacious lounge with open fire and patio doors leading to a south-facing private balcony with spectaular views overlooking the gardens, forest, and beyond. Large dining hallway that leads to a well equipped kitchen. Master bedroom with en suite. A further two double bedrooms and recently refurbished modern bathroom on the upper floor, with private balconies off all of the bedrooms. Situated in a highly sought-after area, which has a wealth of local amenities; including Forestside Shopping Centre, Galwally Lake, Belvoir Golf Club and convenient to main bus routes and City Airport. We would highly recommend early viewing.

Features

  • A Luxury Duplex Apartment
  • Lounge with Open Fire and Patio Doors leading to a Private Balcony
  • Three Double Bedrooms, Master with Ensuite
  • Modern Bathroom Suite
  • Fully Fitted Kitchen
  • Double Glazed Windows & Gas Central Heating
  • Excellent Parking Facilities
  • Set in a quiet mature cul-de-sac off Galwally Avenue
  • Sought-After Location

Room Details

  • HALLWAY: 13' 0" X 12' 10" (3.96m X 3.91m)

    External steps leading to private front door on the first floor. Entrance porch leading to a large dining hallway.
  • LOUNGE: 20' 0" X 14' 0" (6.10m X 4.27m)

    Open fireplace and wooden flooring. Double patio doors leading to a private balcony overlooking the gardens.
  • KITCHEN: 13' 0" X 8' 0" (3.96m X 2.44m)

    Range of high and low level units, solid oak. Plumbed for washing machine, halogen hob and built in oven. Stainless steel sink unit and space for fridge/freezer. Tiled floor.
  • BEDROOM (1): 13' 0" X 11' 0" (3.96m X 3.35m)

    Ensuite comprising of Mira shower, fully tiled cubical. Shavers light, mirror bathroom storage cabinet, low flush wc and wash hand basin. Balcony leading off the bedroom.
  • LANDING:

    Staircase leading to upper floor. Minstrel gallery and two large velux windows. Access to partly floored roofspace and light.
  • BEDROOM (2): 14' 0" X 12' 0" (4.27m X 3.66m)

    Eaves storage. Patio doors leading to private balcony.
  • BEDROOM (3): 12' 0" X 12' 0" (3.66m X 3.66m)

    Eaves storage, built in wardrobe. Patio doors leading to private balcony.
  • BATHROOM:

    Comprising of jacuzzi bath, shower with shower screen, mirrored bathroom cabinet, low flush wc and vanity unit.
  • Communal gardens, external storage and parking facilities.

Location

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Directions

Driving along Upper Ormeau Road heading out of town, at the traffic lights drive ahead, turn right into Church Road and left into Galwally Avenue. Laurelwood is on your 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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