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1 Stranmillis Park, Stranmillis, Belfast, BT9 5AU

Offers Over £210,000
  • status Agreed
  • bedrooms 4 Bedrooms
  • receptions 2 Receptions
  • style Terrace
  • Price Offers Over £210,000
  • Style Terrace
  • Bedrooms 4
  • Receptions 2
  • Heating GFCH
  • EPC Rating D56 /D59
    EPC
  • Status Agreed
Jonathan Steen - MNAEA, MIPAV, Dip. In Property GOC Estate Agents Office: 028 9066 2366
Jonathan Steen

Description

Substantial end terrace property divided in to 2 apartments in a prime Stranmillis location. The property is divided in to a ground floor one bedroom apartment and a 1st & 2nd floor three bedroom apartment, both benefit from gas central heating. In addition the property has an HMO licence.

Features

  • Substantial End Terrace Property in a Prime Investment Location
  • Currently Divided into 2 Apartments
  • Apt 1 - Ground Floor 1 Bedroom
  • Apt 1 - Previously Let at approx. £500 per month
  • Apt 1 - EPC Ref 9501-0123-6510-6689-7996
  • Apt 2 - 1st & 2nd Floor 3 Bedrooms
  • Apt 2 - Previously Let at approx. £700 per month
  • Apt 2 - EPC Ref 9706-3196-1629-7590-7343
  • HMO Registered until January 2021 (Permitted Occupancy Flat 1: 2 people / Flat 2: 3 people)
  • Gas Central Heating/uPVC Double Glazed Windows
  • Rear Fire Escape
  • Attached Garage (no vehicle access)
  • Close to Many Amenities Including Shops and Public Transport
  • Walking Distance to Queens University

Room Details

  • Front door to entrance porch, glazed door with stained glass window to communal entrance hall
  • FLAT 1
  • Front door to
  • ENTRANCE HALL:

    Tiled floor, under stairs storage
  • LIVING ROOM: 13' 0" X 10' 4" (3.96m X 3.15m)

    Laminate wood effect floor, bay window
  • KITCHEN WITH BREAKFAST AREA : 11' 10" X 11' 0" (3.61m X 3.35m)

    Range if high and low level units, work surfaces, single drainer stainless steel sink unit with mixer tap, 4 ring hob with electric oven under and extractor fan over, plumbed for dishwasher, tiled floor, part tiled walls
  • UTILITY ROOM: 12' 2" X 6' 2" (3.71m X 1.88m)

    Range of units, work surfaces, single drainer stainless steel sink unit with mixer tap, plumbed for washing machine, tiled floor, access to rear yard
  • REAR HALLWAY:

    Gas fired boiler, tiled floor
  • SHOWER ROOM:

    White suite comprising vanity unit, low flush wc, fully tiled shower cubicle
  • BEDROOM (1): 14' 2" X 12' 5" (4.32m X 3.78m)

    Laminate wood effect floor, bay window
  • FLAT 2
  • ENTRANCE HALL:

    Access to fire escape
  • LOUNGE: 14' 1" X 10' 5" (4.29m X 3.18m)

    Laminate wood effect floor, bay window
  • STUDY 11' 3" X 6' 0" (3.43m X 1.83m)

    Vanity unit with splash tiling
  • KITCHEN WITH BREAKFAST AREA : 12' 10" X 9' 7" (3.91m X 2.92m)

    Range of high and low level units, work surfaces, 4 ring hob with electric oven under and extractor fan over, housing for fridge freezer, single drainer stainless steel sink unit with mixer tap, plumbed for washing machine, part tiled walls tiled floor
  • BEDROOM (1): 11' 10" X 8' 10" (3.61m X 2.69m)

    Laminate wood effect floor, vanity unit
  • SHOWER ROOM:

    White suite comprising pedestal wash hand basin with splash tiling, low flush wc, panelled shower cubicle, tiled floor
  • SEPARATE WC:

    Low flush wc, tiled floor
  • LANDING:

  • BEDROOM (2): 10' 6" X 10' 2" (3.20m X 3.10m)

    Laminate wood effect floor, vanity unit
  • BEDROOM (3): 17' 0" X 11' 4" (5.18m X 3.45m)

    Laminate wood effect floor, vanity unit
  • Front forecourt, enclosed rear yard with fire escape
  • ATTACHED GARAGE

    (no vehicle access)

Location

* Click boxes to display surrounding locations

Directions

Stranmillis Park is in Stranmillis Village

Mortgage Calculator

  • Property Value
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  • 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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