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4 The Cloisters, University Avenue, Belfast, BT7 1GD

Offers Around £225,000
  • status Sale
  • bedrooms 4 Bedrooms
  • receptions 1 Reception
  • style Townhouse
  • Price Offers Around £225,000
  • Style Townhouse
  • Bedrooms 4
  • Receptions 1
  • Heating GFCH
  • EPC Rating C74 / C76
  • Status Sale
Jonathan Steen - MNAEA, MIPAV, Dip. In Property GOC Estate Agents Office: 028 9066 2366
Jonathan Steen

Description

This is a superb three storey townhouse in the heart of the University area within walking distance to Queens and the bus routes to the City Centre. This particular property occupies a prime position within a private courtyard development with remote controlled gated entrance. The living space is generously proportioned over three floors with accommodation comprising of entrance hall, through lounge, kitchen with integrated appliances, bathroom and four bedrooms (master with ensuite shower room) all enjoying gas central heating. All in all a superb property finshed to a high standard throughout which should appeal to a wide sector of the market.

Features

  • Well Approinted Modern Townhouse in a Popular Gated Development
  • Spacious Lounge Open Plan to Dining Area
  • Fitted Kitchen with Built in Appliances
  • 4 Double Bedrooms including Master with Ensuite Shower Room
  • Bathroom with White Suite
  • Double Glazed Windows
  • Gas Central Heating
  • Currently let Until June 2018
  • Remote Control Electric Entrance Gates Leading to Allocated Residents Parking and Additional Visitor Parking
  • Extremely Convenient to Local Amenities Including Shops and Public Transport
  • Within Walking Distance of Queens University

Room Details

  • uPVC double glazed front door to
  • ENTRANCE HALL:

    Tiled floor
  • LOUNGE: 27' 9" X 12' 0" (8.46m X 3.66m)

    Fireplace with slate hearth and open fire with gas inset. Corniced ceiling, recessed low voltage lights. Under stairs storage.
  • KITCHEN: 9' 0" X 9' 0" (2.74m X 2.74m)

    Fitted with range of high and low level units with integrated appliances including 4 ring stainleess steel gas hob and under oven. Stainless steel extractor chimney over. Built in dish washer, fridge freezer, and washing machine. Ceramic tiled floor.
  • LANDING:

  • BEDROOM (1): 15' 0" X 10' 0" (4.57m X 3.05m)

  • ENSUITE SHOWER ROOM:

    White suite comprising fully tiled shower cubicle, low flush wc, pedestal wash hand basin, half tiled walls.
  • BEDROOM (2): 10' 0" X 8' 0" (3.05m X 2.44m)

  • LANDING:

    Access to shelved hot press.
  • BEDROOM (3): 15' 0" X 8' 0" (4.57m X 2.44m)

  • BEDROOM (4): 12' 0" X 9' 0" (3.66m X 2.74m)

  • BATHROOM:

    White suite comprising panelled bath with mixer taps, pedestal wash hand basin, low flush wc, partly tiled walls, ceramic tiled floor.
  • Remote Control entrance gates leading to allocated residents and ample visitor parking area

Location

* Click boxes to display surrounding locations

Directions

Off University Avenue

Mortgage Calculator

  • Property Value
  • Deposit
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  • 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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