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INVESTMENT OPPORTUNITY
3 RENTABLE ROOMS
MODERN KITCHEN AND SHOWER ROOM
CALL 01642 245796 TO MAKE AN APPOINTMENT
TENURE: FREEHOLD
COUNCIL TAX BAND A
Clarke Munro welcome to the market this ideal investment opportunity which is currently let via our TS1 Student lettings Department. Boasting three rentable rooms along with communal living space, modern fitted kitchen and shower room. This property is well located for Teesside University and all other amenities. Currently let at £95 per room until September 2024. **Please note this property is in a selective licensing zone and costs may be incurred to a purchaser. Please enquire for further information**
Based on property / land value of £85,000 there will be an approx of £ Stamp Duty due.
Tax Band
%
Taxable Sum
Tax
Less than £250k
0
£
£
£250k to £925k
5
£
£
£925k to £1.5M
5
£
£
Over £1,500,000
10
£
£
Over £1.5 million
12
£
£
Total
£
If a property is greater than £425k you are not eligable for Stamp Duty relief.
For properties over £625k, SDLT is charged at 0% up to £250k and 5% from £250k to £925k.
This stamp duty calculator is designed to give you an idea of your stamp duty liability when buying a freehold residential property in England & N.Ireland. Stamp duty calculations are rounded down to the nearest pound. Stampy Duty guide is approx. as of 23rd September 2022 - please visit https://www.gov.uk/stamp-duty-land-tax for the latest information