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1 Landseer Street, Stranmillis, Belfast, BT9 5AL

Offers Around £195,000
  • status Agreed
  • bedrooms 4 Bedrooms
  • receptions 1 Reception
  • style Terrace
  • Price Offers Around £;195,000
  • Style Terrace
  • Bedrooms 4
  • Receptions 1
  • Heating Gas
  • EPC Rating D58 /C70
    EPC
  • Status Agreed
Adam Simpson - MRICS GOC Estate Agents Office: 028 9066 2366 DDI: 02890662366
Adam Simpson

Description

Calling investors, first time buyers and young professionals. A great opportunity to purchase this 4 bedroom end terrace in the heart of the ever popular Stranmillis area. Offering ease of access to the amenities and attractions of the Stranmillis Road and near to Queen's University and Belfast City Hospital. The accommodation is over 3 floors, offering through lounge and kitchen with casual dining on the ground floor. Main bathroom and two bedrooms on the first floor. The second floor accommodates two bedrooms. The property has a spacious enclosed rear yard ideal for outdoor entertaining, with a lean-too storage area. The property benefits from gas central heating and on street car parking.

Features

  • Popular Investment Location
  • Located In Sought After Stranmillis Area
  • Four Bedroom End Terrace Over Three Storeys
  • Through Lounge, With Kitchen Dining Area on the Ground Floor
  • Bathroom with Shower on First Floor
  • UPVC Front Door and Double Glazing
  • Gas Central Heating
  • Viewing Highly Recommended

Room Details

  • LOUNGE: 24' 7" X 12' 10" (7.49m X 3.91m)

    Carpet
  • KITCHEN: 16' 9" X 8' 4" (5.11m X 2.54m)

    Range of units and work surface with single drainer stainless steel sink unit and electric hob. Linoleum flooring and door leading to rear yard.
  • SHOWER ROOM:

    White suite comprising wc and wash hand basin along with shower cubicle. Cupboard containing gas boiler. Linoleum flooring.
  • BEDROOM (1): 16' 7" X 11' 2" (5.05m X 3.40m)

    Fireplace surround
  • BEDROOM (2): 10' 3" X 10' 3" (3.12m X 3.12m)

  • BEDROOM (3): 15' 0" X 10' 8" (4.57m X 3.25m)

  • BEDROOM (4): 10' 0" X 9' 0" (3.05m X 2.74m)

    Velux Window
  • ENCLOSED YARD

    With lean to store.

Location

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Directions

Travelling towards Belfast City along Stranmillis Road, turn right onto Landseer Street the last street before the Ulster Museum. The Jeggy Nettle Pub is on the corner and No. 1 is the first property on the right 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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