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Recently used as 2 separate flats
Ideal investment opportunity
Great Linthorpe location close to schools
Gas central heating with combi boiler
Option to return to a 3 bed family home
Viewing highly recommended
This spacious property has until recently been used as two separate flats with the option to return to a three bedroom family home with a little work if required. It currently features a communal entrance door with private door to the ground floor flat which comprises: Lounge with Bay window, dining room with kitchen off, Bedroom and a bathroom. The first floor features a lounge/possible bedroom one, two further bedrooms, kitchen and a bathroom. There is a yard to rear with a external staircase to the first floor flat. Viewing is highly recommended to appreciate the options on offer. NOTE: There are two separate titles with 2 separate council tax accounts, one on each flat.
Based on property / land value of £60,500 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