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53 Sandhurst Gardens, Belfast, BT9 5AX

Offers Over £210,000
  • status Agreed
  • bedrooms 4 Bedrooms
  • receptions 1 Reception
  • style Terrace
  • Price Offers Over £210,000
  • Style Terrace
  • Bedrooms 4
  • Receptions 1
  • Heating GFCH
  • EPC Rating C70 /C73
    EPC
  • Status Agreed
Dara McPeake GOC Estate Agents Office: 028 9066 2366
Dara McPeake

Description

A prime investment opportunity of this 4-Bedroom HMO registered terraced property in the heart of Stranmillis Village. The property has been extended and undertaken full refurbishment and is of superb standard. Comprising over two floors with two separate WCs and one bedroom with ensuite. All bedrooms with solid hardwood floors of a very high standard and has been maintained to an excellent condition by the current tenants. Currently rented at £1200 per calendar month this investment opportunity is ready to move into for perspective tenants. Due to the standard of finish in the property this will also appeal to home-owners or first time buyers seeking ideal locality to Queens University, City Hospital and Belfast City Centre. Early viewing is highly recommended as properties of this standard in this highly regarded location are typically very popular.

Features

  • Extended 4-Bedroom Terraced Property Finished to a Superb Standard
  • Four Double Bedrooms, One Bedroom with En-suite
  • Currently Rented at £1200 Per Calendar Month
  • Full HMO Certificate with CLUD Planning
  • Gas Fired Central Heating and uPVC Double Glazed Throughout
  • Solid Hard-Wood, Tiled and Carpet Flooring Throughout
  • Ideally Located in Heart of Stranmillis, close to Queens University, PEC, Stranmillis College and Belfast City Centre

Room Details

  • ENTRANCE HALL:

    Tiled Flooring.
  • WC:

    Solid wooden flooring, WC, white suite.
  • BEDROOM (1): 9' 3" X 12' 6" (2.82m X 3.81m)

    Solid wooden flooring.
  • KITCHEN WITH BREAKFAST AREA :

    Range of High & Low level units, Built in oven with cooker hood, integreated dishwasher, tiled splashback. Under stairs storage. Open plan to living room...
  • LIVING ROOM: 20' 2" X 13' 4" (6.15m X 4.06m)

    Tiled flooring. uPVC patio doors to enclosed back yard.
  • SEPARATE WC:

    Tiled flooring, shower suite, WC.
  • BEDROOM (2): 11' 11" X 9' 10" (3.63m X 3.00m)

    Solid wooden flooring.
  • BEDROOM (3): 9' 9" X 9' 4" (2.97m X 2.84m)

    Solid wooden flooring.
  • ENSUITE SHOWER ROOM:

    Tiled flooring, WC, sink, Electric Shower.
  • BEDROOM (4): 7' 9" X 10' 11" (2.36m X 3.33m)

    Solid wooden flooring.
  • Enclosed yard to the rear, back gate leading to rear alleyway.

Location

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Directions

Coming down the main stranmillis road, Sandhurst gardens is a street on left hand side and number 53 is on right-hand side.

Mortgage Calculator

  • Property Value
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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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