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3, 94 Stranmillis Road, Stranmillis, Belfast, BT9 5AE

Offers Around £100,000
  • status Sale
  • bedrooms 2 Bedrooms
  • receptions 1 Reception
  • style Apartment
  • Price Offers Around £100,000
  • Style Apartment
  • Bedrooms 2
  • Receptions 1
  • Heating GFCH
  • EPC Rating D63 /D66
    EPC
  • Status Sale
Kirby O'Connor - Assoc RICS GOC Estate Agents Office: 028 9066 2366
Kirby O'Connor

Description

Introducing to the sales market this fantastic two bedroom property located in the heart of the ever popular Stranmillis Village. The property comprises of one double bedroom, one single, large living area open plan to kitchen/dining area and a bathroom suite. The communal areas and property have recently been decorated and is further complimented by gas fired central heating and double glazed windows. Within walking distance of many local amenities such as Queens University Belfast, Stranmillis Village and Belfast City Centre. Ideal owner occupier or investment opportunity. First time investment buyer? Our expert team of sales, rental and HMO experts will help you through the process, step by step, from buying to letting. Our Property Management Service can take control while you sit back and watch your investment value grow. For further information talk to our team today.

Features

  • Second Floor One Bedroom Apartment
  • Large Living Area Open Plan To Kitchen
  • One Large Double Bedroom
  • Well Presented Throughout
  • Double Glazed Windows
  • Gas Fired Central Heating
  • Located in Stranmillis Village Within Close Proximity To Queens University Belfast and Easy Access To Belfast City Centre
  • Ideal for Investors or Owner Occupiers

Room Details

  • ENTRANCE PORCH:

  • ENTRANCE HALL:

    Laminate wood effect floor
  • LOUNGE/KITCHEN 17' 4" X 13' 1" (5.28m X 3.99m)

    Part tiled floor, part laminate wood effect floor, range of high and low level units, work surfaces, single drainer stainless steel sink unit with mixer tap, plumbed for washing machine, part tiled walls, oven, four ring electric hob
  • BEDROOM (1): 8' 9" X 11' 5" (2.67m X 3.48m)

    Laminate wood effect floor
  • BEDROOM (2): 8' 0" X 9' 0" (2.44m X 2.74m)

    Laminate wood effect floor
  • BATHROOM:

    Tile floor, low flush wc, pedestal wash hand basin, bath with mixer tap, shower unit with electric shower, part tiled walls
  • Communal area

Location

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Directions

Located in Stanmillis Village.

Mortgage Calculator

  • Property Value
  • Deposit
  • Loan Amount
  • 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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