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Grand Belfast residence full with sweeping driveway and butler’s pantry goes in the marketplace

A five-bedroom house in Northern Ireland has hit the market, offering its future owner a taste of the high life courtesy of its sweeping driveway and butler’s pantry. 

The home in East Belfast is on sale for offers over £1.4million and as you would expect has an expansive floorplate. 

The ground floor spans 2,205 sq ft, while upstairs there is a further 1,838 sq ft, bringing the total internal space available to more than 4,000 sq ft. 

The property has been owned by the same family for decades, can be approached via two private gated entrances.

The expansive house is surrounded by lawns and mature trees, offering its next buyer both privacy and a sense of grandeur. 

Period features are peppered throughout the property, which boasts large windows and a sense of space throughout.  

Opportunity: A large house in Ballyhackamore, Belfast, is on sale for offers over £1.4million

Opportunity: A large house in Ballyhackamore, Belfast, is on sale for offers over £1.4million

Lynzi Templeton, a manger at John Minnis Estate Agents in Belfast, which is selling the property told This is Money: ‘Given its scale and flexibility, the property is likely to appeal to owner-occupiers seeking a prominent, spacious premises in a well-connected area, or investors and developers attracted by the size and potential.

‘Overall, it offers a rare combination of size, flexibility and location.’

The entrance hall has ornate cornicing and original tiled flooring, helping showcase the home’s heritage. 

Downstairs offers a selection of spaces including a living room, a greenhouse, a morning room and the butler’s pantry – though the latter is now used as a study. 

The kitchen is well-appointed, and along with the rest of the property, could provide a buyer with a good opportunity to put their own on stamp on it. 

There is ample space for multiple cars to park in the grounds of the property. 

The grounds also come with a number of outbuildings, which could be used as storage space or a workshop. 

Subject to planning permissions being in place, the spaces could be converted into habitable spaces. 

The property is close to a number of schools, transport connections, parks and the amenities of Ballyhackamore and Dundonald. 

Grand: The property in Northern Ireland is being sold by John Minnis Estate Agents

Grand: The property in Northern Ireland is being sold by John Minnis Estate Agents 

Period: The interior could be updated by a new buyer or kept as it is

Period: The interior could be updated by a new buyer or kept as it is 

Spacious: Internally, the property spans more than 4,000 sq ft

Spacious: Internally, the property spans more than 4,000 sq ft

Options: The property has five good-sized bedrooms to choose from

Options: The property has five good-sized bedrooms to choose from

Contrast: In some parts of London, buyers could still only typically get a flat for £1.4million

Contrast: In some parts of London, buyers could still only typically get a flat for £1.4million

Prices: Land Registry data showed that Northern Ireland property rose by 7.5% last year

Prices: Land Registry data showed that Northern Ireland property rose by 7.5% last year

Features: The property boasts a sweeping driveway entrance

Features: The property boasts a sweeping driveway entrance 

Official Land Registry data showed that the average Northern Ireland property rose in value by 7.5 per cent last year, against 2.4 per cent across the UK. 

These rises are off a low base, however. In the final quarter of last year, the average Northern Ireland home sold for £195,936. 

This was 7.8 per cent less than average prices 18 years ago in late 2007, before the country’s property market was hit badly by the financial crisis. 

While other UK markets have seen periods of explosive property price inflation over the past decade and a half, Northern Ireland ’s growth has been more measured. 

Bernadette Page, regional partner at Garrington Northern Ireland, said: ‘The prime market in Northern Ireland has reached a point of genuine maturity, and the best of it moves discreetly, between people who know one another, long before anything reaches a property portal. 

‘In Belfast’s most sought-after postcodes, along the North Down coast and on the North Antrim shore, we are seeing well-priced, architecturally significant homes find buyers at a pace that would have been inconceivable a few years ago.’

How to find a new mortgage

Mortgage rates have soared after conflict with Iran has driven up inflation expectations and dashed hopes of interest rate cuts.

If you need a mortgage because you are buying a home, or your current fixed rate deal is due to end, you should explore your options as soon as possible.  

This is Money has a long-standing partnership with fee-free broker L&C, to provide you with expert mortgage advice.

Use This is Money and L&Cs best mortgage rates calculator to show deals matching your home value, mortgage size, term and fixed rate needs.

Or use L&C’s online Mortgage Finder to search thousands of deals from more than 90 different lenders to discover the best deal for you.

This is Money’s mortgage tips 

What if I need to remortgage? 

Borrowers should compare rates, speak to a mortgage broker and be prepared to act. Homeowners can lock in to a new deal six to nine months in advance, often with no obligation to take it.

Most mortgage deals allow fees to be added to the loan and only be charged when it is taken out. This means borrowers can secure a rate without paying arrangement fees. If you do this and don’t clear the fee on completion, interest will be paid on it over the term of the loan.

What if I am buying a home? 

Those with home purchases agreed should also aim to secure rates as soon as possible, so they know exactly what their monthly payments will be. Buyers should avoid overstretching and be aware that house prices may fall, as higher mortgage rates limit people’s borrowing ability and buying power.

What about buy-to-let landlords?

Buy-to-let landlords with interest-only mortgages will see a greater jump in monthly costs than homeowners on residential mortgages. This makes remortgaging in plenty of time essential and our partner L&C can help with buy-to-let mortgages too. 

> Find your next mortgage deal with This is Money and L&C

Mortgage service provided by London & Country Mortgages (L&C), which is authorised and regulated by the Financial Conduct Authority (registered number: 143002). The FCA does not regulate most Buy to Let mortgages. Your home or property may be repossessed if you do not keep up repayments on your mortgage