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69 Agincourt Avenue, University Avenue, Belfast, BT7 1QB

Offers Over £180,000
  • status Sale
  • bedrooms 5 Bedrooms
  • receptions 1 Reception
  • style Terrace
  • Price Offers Over £180,000
  • Style Terrace
  • Bedrooms 5
  • Receptions 1
  • Heating Oil
  • EPC Rating E54 /C71
    EPC
  • Status Sale
Jonathan Steen - MNAEA, MIPAV, Dip. In Property GOC Estate Agents Office: 028 9066 2366
Jonathan Steen

Description

This substantial end terrace property is an ideal investment opportunity situated in the heart of the University area. The property is HMO Registered and is extremely well presented and maintained by the current owners. In addition the property is currently let until August 2019 and priced to include all contents. Offering a superb, low maintenance investment opportunity, viewing is highly recommended.

Features

  • Substantial Terrace in a Prime University Location
  • Good Sized Lounge
  • Fitted Kitchen
  • 5 Bedrooms
  • Bathroom and Separate Shower Room
  • Enclosed Rear Yard
  • uPVC Double Glazed Windows/Oil Central Heating
  • Let until August 2019 at £1150per month
  • Priced to Include Furniture
  • HMO Registered Until May 2021
  • Extremely Well Presented and Maintained (Recently Decorated Throughout)
  • Walking Distance to Queens University

Room Details

  • ENTRANCE HALL:

    Laminate wood effect floor
  • LOUNGE: 11' 7" X 11' 2" (3.53m X 3.40m)

    Laminate wood effect floor
  • BEDROOM (1): 13' 1" X 11' 0" (3.99m X 3.35m)

    Laminate wood effect floor, Bay window
  • KITCHEN: 10' 5" X 7' 9" (3.18m X 2.36m)

    Range of high and low level units, work surfaces, 1.5 bowl single drainer stainless steel sink unit with mixer tap, space for cooker, space for fridge freezer, plumbed for washing machine, tiled floor, part tiled walls, uPVC double glazed doors to rear
  • LANDING:

  • BEDROOM (2): 11' 2" X 9' 4" (3.40m X 2.84m)

    Laminate wood effect floor
  • BEDROOM (3): 14' 9" X 10' 8" (4.50m X 3.25m)

    Laminate wood effect floor
  • BATHROOM:

    White suite comprising panelled bath with Mira shower over, pedestal wash hand basin, low flush wc, fully tiled walls, tiled floor, hotpress
  • LANDING:

  • BEDROOM (4): 11' 5" X 9' 4" (3.48m X 2.84m)

    Velux window, Laminate wood effect floor
  • BEDROOM (5): 11' 9" X 10' 11" (3.58m X 3.33m)

    Laminate wood effect floor
  • SHOWER ROOM:

    White suite comprising low flush wc, pedestal wash hand basin, fully tiled shower cubicle, fully tiled walls, tiled floor, extractor fan
  • Enclosed rear yard with oil tank and oil fired boiler

Location

* Click boxes to display surrounding locations

Directions

Agincourt Avenue runs from Rugby Road to Ormeau Road behind Queens University

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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