Lagmore
About Dunmurry
Dunmurry, a charming suburban town and townland, is nestled near Belfast in Northern Ireland. This area, rich in history and natural beauty, offers a unique blend of rural and urban living.
History and Development
Historically, Dunmurry was an agricultural area dominated by wealthy landowners until the 18th century. The construction of a new road from Belfast to Dublin in 1817 marked a significant turning point, transforming the area into one of the many 'linen villages' of Ulster. The 20th century saw substantial expansion, particularly after World War II, with the Housing Trust building extensive social housing and industrial developments.
Demographics and Boundaries
Dunmurry's population is estimated to be around 5,117 within the electoral ward boundaries, but it can also be defined more broadly to include areas like Poleglass, Twinbrook, and Lagmore, which would bring the population to approximately 33,909.
Natural and Recreational Features
Backed by the Colin Mountain and flanked by the River Lagan, Dunmurry boasts picturesque landscapes. The area is home to the Colin Valley Golf Club, extensive playing fields, and the Antrim Hills, providing ample opportunities for outdoor activities. The River Lagan, although canalised, retains its rural charm.
Transport and Connectivity
Dunmurry is well-connected with a railway station on the main Belfast–Dublin line, offering local train services to various destinations. The area is also serviced by Metro and Ulsterbus services, and the M1 motorway passes through, providing easy access to central Belfast.
Local Amenities and Education
The community is served by Dunmurry Primary School, which has been rated 'outstanding' by the Education and Training Inspectorate. Other educational institutions include Rathmore Grammar School and the Belfast Bible College. The area is also home to Dunmurry Cricket Club and several football clubs, adding to its vibrant community life.
Notable Landmarks and Events
Dunmurry is famous for being the site of the DeLorean Motor Company factory, where the iconic DeLorean sports car was manufactured from 1981 to 1982. The area has also experienced significant events, such as the Coolmoyne House tower block fire in 2017, which highlighted concerns about fire safety in residential buildings.
Commercial Property Agents
When it comes to navigating the complex and vibrant commercial property market in London, understanding the diverse array of options and services available is crucial. As a seasoned expert in commercial property, We have had the privilege of working extensively in central London and the south east, helping both landlords and tenants make informed decisions.
Central London
Central London is a hub of commercial activity, with a wide range of properties available, from sleek office spaces in areas like Islington and Hackney, to retail premises in bustling districts such as Finchley and West Kensington. These locations offer exceptional connectivity, with many properties being just a short walk from major transport hubs. For instance, an office space on Barnsbury Terrace in Islington boasts air-conditioned and soundproofed facilities, making it an ideal choice for businesses seeking a professional and efficient workspace.
South East London
The south east of London presents a mix of established and up-and-coming areas, each with its unique advantages. In regions like Plumstead and Woolwich, you can find a variety of commercial properties, including shops, warehouses, and offices. For example, a newly refurbished retail premises on Plumstead High Street offers a 10-year lease and is located in a busy area, making it perfect for businesses looking to establish a strong local presence.
Valuations and Advisory Services
Whether you are a start-up company taking on your first commercial lease or an experienced landlord seeking advice on market conditions, it is essential to have the right guidance. Commercial property valuations are a critical aspect of this process, as they help determine competitive rents and ensure that any lease negotiations are based on comparable evidence. Our expertise extends to advising on lease assignments, rent reviews, and any necessary changes to the lease based on current market conditions.
Tailored Services
We understand that every client has unique needs, which is why we offer a bespoke service tailored to suit all your property requirements. From identifying your desired property to accompanying you to viewings and negotiating the best possible terms, we are committed to guiding you through the entire process. Our goal is to ensure that you secure the best terms available, whether you are a landlord or a tenant.
Market Insights
Staying updated with the latest market trends is vital in the fast-paced world of commercial property. We provide comprehensive market insights to help you make well-informed decisions. Whether it's understanding the potential gross income of a property or assessing the impact of recent market changes, our expertise is here to support you every step of the way.
By leveraging our extensive experience and in-depth knowledge of the London commercial property market, you can navigate the complexities with confidence and achieve your business goals.
Residential Property Agents
London Property Market Outlook for 2025
As we step into 2025, the London property market is poised for a significant resurgence, driven by several key factors. According to recent forecasts, house prices across London and the rest of Great Britain are expected to rise, marking a positive turn after the slower growth seen in the post-Brexit and COVID-19 years.
Price Growth and Market Activity
Rightmove predicts that national average asking prices will increase by around 4% in 2025, which is in line with long-term average price growth. This growth is anticipated to be consistent with, if not slightly ahead of, national price rises. The London market, in particular, is expected to see a resurgence, driven by the capital's enduring appeal to both workers and international buyers, especially as major companies return to full-time office work.
Impact of Stamp Duty Changes
The upcoming changes to stamp duty, set to take effect from April 1, 2025, are likely to create a busy start to the year. Buyers, including first-time buyers and home-movers, will be eager to complete transactions before the higher stamp duty charges come into effect. This could lead to a surge in transactions during the first three months of the year, followed by a period of relative calm as the market adjusts to the new tax landscape.
Mortgage Rate Trends
Mortgage rates, which have been a significant factor in the housing market, are expected to decrease in 2025. With interest rates beginning to fall, the average five-year fixed-rate mortgage has dropped from 5.55% to 5.25% over the past year. This reduction in mortgage rates, combined with income growth, is expected to support buyer demand and modest house price growth throughout the year.
Market Dynamics and Buyer Behavior
The London market is characterized by a high number of available homes, providing buyers with a wide range of choices. This competition among sellers is likely to prevent higher price growth but will also facilitate more agreed sales. Rightmove anticipates around 1.15 million transactions to be completed in 2025, indicating a busier year ahead for the property market.
As we navigate the complexities of the London property market in 2025, it is clear that a combination of economic factors, policy changes, and market dynamics will shape the year ahead. Whether you are a first-time buyer, a home-mover, or an investor, understanding these trends is crucial for making informed decisions in this evolving market.
Property For Sale
Lagmore: A Desirable Residential Area in Belfast
Located in the heart of Belfast, Lagmore is a highly sought-after residential area that offers a perfect blend of modern living, family-friendly amenities, and convenient access to the city. Here, you can find a variety of properties that cater to different needs, from first-time buyers to growing families.
Family-Friendly Community
Lagmore Meadows, a prominent part of the Lagmore area, is renowned for its peaceful and family-friendly environment. The community is filled with semi-detached homes, townhouses, and apartments, each designed to provide comfort and convenience. These properties often feature well-presented interiors, modern kitchens, and spacious rear gardens, ideal for outdoor entertaining or relaxing.
Local Amenities
One of the key attractions of Lagmore is its proximity to a range of local amenities. Residents have easy access to supermarkets, shops, and schools, making it an ideal location for families. The area is also dotted with parks and green spaces, providing ample opportunities for outdoor recreation and leisure activities.
Transport Links
For commuters, Lagmore offers excellent transport links. The M1 motorway is just a short drive away, providing quick and easy access to Belfast city centre and surrounding areas. Regular bus services are available with stops within walking distance, and nearby train stations such as Dunmurry and Lisburn further enhance connectivity across Northern Ireland.
Property Features
Properties in Lagmore typically boast modern features such as well-equipped kitchens, family bathrooms, and private gardens. Many homes are situated in quiet cul-de-sacs, adding to the sense of privacy and security. With driveway parking and well-maintained gardens, these homes are perfect for those looking to balance suburban living with the vibrancy of city life.
Council and Living Costs
Living in Lagmore also comes with reasonable council rates, with an annual council tax of around £864.31, making it a cost-effective option for homeowners. The area's overall appeal lies in its ability to offer a balanced lifestyle, combining the tranquility of suburban living with the convenience and amenities of a bustling city.
Property For Rent
Lagmore Property for Rent
Located in the heart of Belfast, Northern Ireland, Lagmore is a highly sought-after area for those looking to rent a property. Here, you can find a variety of housing options that cater to different needs and preferences.
Residential Area Overview
Lagmore, situated in the BT17 postcode area, is known for its family-friendly environment and excellent amenities. The area is close to local primary schools, shops, and public transport links, making it an ideal location for families and professionals alike. With its proximity to both Belfast and Lisburn, Lagmore offers the perfect balance between urban convenience and suburban tranquility.
Types of Properties Available
For those seeking to rent in Lagmore, there is a diverse range of properties to choose from. Here, you can find 2 and 3-bedroom houses, semi-detached homes, and terraced properties. Many of these homes are well-maintained and offer spacious living areas, fully fitted kitchens, and beautifully landscaped gardens. Some properties also feature modern amenities such as en-suite shower rooms and open fires, adding to the comfort and charm of the living space.
Local Amenities
One of the key attractions of renting in Lagmore is its accessibility to local amenities. Residents are within walking distance to schools, shops, and community centers. The area is also well-connected by public transport, including the Glider service, which provides easy access to Belfast city center and other surrounding areas.
Community and Lifestyle
Lagmore boasts a strong community spirit, making it a welcoming place for new residents. The area is close to several parks and green spaces, providing ample opportunities for outdoor activities and leisure. With its mix of modern and traditional housing, Lagmore offers a unique blend of contemporary living and traditional charm, making it an excellent choice for anyone looking to rent a property in a vibrant and convenient location.