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53 Prince Edward Drive, Stranmillis, Belfast, BT9 5GB

Guide Price £235,000
  • status Agreed
  • bedrooms 3 Bedrooms
  • receptions 2 Receptions
  • style Semi-Detached
  • Price Guide Price £235,000
  • Style Semi-Detached
  • Bedrooms 3
  • Receptions 2
  • Heating Gas
  • EPC Rating D59 / C71
  • Status Agreed
Jonathan Steen - MNAEA, MIPAV, Dip. In Property GOC Estate Agents Office: 028 9066 2366
Jonathan Steen

Description

Prince Edward Drive enjoys an ideal location in the ever popular Stranmillis area of South Belfast. Situated in a private cul-de-sac the house is only a short distance to an array of local amenities to include shops, cafe's, bars and Lagan Meadows towpath. This well appointed semi detached residence boasts two spacious reception rooms, modern fitted kitchen and bathroom suite with three good sized bedrooms. The residence is further complimented with pvc double glazed windows and gas fired central heating. Externally there is a gated driveway which provides parking with garden laid in lawn to front and rear. This is a most desirable and popular residential location and viewing is recommended.

Features

  • Well Appointed Red Brick Semi Detached Residence
  • Popular And Sought After Residential Location in The Stranmillis Area Of South Belfast
  • Close To Shops, Cafe's, Bars, Restaurants and Lagan Towpath and Excellent Primary Schools
  • Two Bright and Spacious Reception Rooms
  • Modern Fitted Kitchen And Bathroom Suite
  • Three Good Sized Bedrooms
  • PVC Double Glazed Windows and Gas Fired Central Heating
  • Gated Driveway with Good Sized Garden

Room Details

  • ENTRANCE HALL:

    Laminate wood effect flooring
  • LIVING ROOM: 12' 5" X 11' 4" (3.78m X 3.45m)

    Laminate floor, feature fire place
  • DINING ROOM: 12' 4" X 10' 2" (3.76m X 3.10m)

    Laminate floor, feature fire place
  • KITCHEN:

    Modern Fitted kitchen, range of high and low level units, integrated oven, hob, stainless steel extractor fan, plumbed for washing machine, tiled floor, part tiled wall, door leading to rear.
  • LANDING:

    Access to roofspace
  • BEDROOM (1): 12' 5" X 8' 9" (3.78m X 2.67m)

  • BEDROOM (2): 12' 4" X 10' 3" (3.76m X 3.12m)

  • BEDROOM (3): 9' 3" X 7' 3" (2.82m X 2.21m)

  • BATHROOM:

    White suite comprising of pannelled bath with overhead shower, vanitory sink unit, low flus wc, tiled wall, tiled floor
  • OUTSIDE

    Gated Driveway to parking, enclosed garden to front and rear laid in lawn.

Location

* Click boxes to display surrounding locations

Directions

Travelling along Lucerne Parade turn onto Prince Edward Park, turn right onto Prince Edward Drive, number 53 is on your 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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