Entrance Vestibule
Carpeted, leading into lounge.
Lounge
Front facing with window, carpeted, radiator, neutral decor.
Kitchen
Rear facing, range of wall and base units in grey gloss with complimentary quartz worktops, ceramic induction hob with extractor over, integrated oven, integrated fridge/freezer, stainless steel sink with mixer tap, radiator, vinyl flooring, storage cupboard, access to downstairs WC, neutral decor, double doors leading out to rear.
Downstairs WC
Two piece suite, WC and sink basin, vinyl flooring, neutral decor.
Stairs
Carpeted, access to landing.
Bedroom 1
Front facing with window, carpeted, radiator, access to shower room en-suite, storage cupboard, neutral decor.
En-suite Shower Room
Front facing with window, three piece bathroom suite in white with WC, sink basin, thermostatic shower enclosure, chrome heated towel rail, vinyl flooring.
Bedroom 2
Rear facing with window, carpeted, radiator, neutral decor.
Bedroom 3
Side facing with window, carpeted, radiator, neutral decor.
Family Bathroom
Three piece bathroom suite in white, WC, sink basin, thermostatic shower over bath with glass shower screen, chrome heated towel rail, vinyl flooring.
Externally
Front paved driveway, access down the side which enters into large rear garden with paved area.
Tenure
We have been advised by the vendors that the property is Leasehold for 999 years starting from 25th of November 1931
Stamp Duty
You must pay Stamp Duty Land Tax (SDLT) if you buy a property or land over a certain price in England and Northern Ireland.
You pay the tax when you:
•buy a freehold property
•buy a new or existing leasehold
•are transferred land or property in exchange for payment, for example you take on a mortgage
The threshold is where SDLT starts to apply. If you buy a property for less than the threshold, there’s no SDLT to pay.
The current SDLT threshold for residential properties is £125,000.
The threshold for non-residential land and properties is £150,000.
Thresholds
Up to £125,000 – 0%
£125,000 (the portion from £125,001 to £250,000) – 2%
£625,000 (the portion from £250,001 to £935,000) – 5%
Example
In October 2021 you buy a house for £295,000. The SDLT you owe will be calculated as follows:-
0% on the first £125,000 = £0
2% on the next £125,000 = £2,500
5% on the final £45,000 = £2,250
Total SDLT = £4,750
First-time buyers:
From 1 July 2021, you’ll get a discount (relief) that means you’ll pay less or no tax if both the following apply:
•you, and anyone else you’re buying with, are first-time buyers
•the purchase price is £500,000 or less
You’ll also be eligible for this discount if you bought your first home before 8 July 2020.
How much you pay depends on whether the land or property is residential use or non-residential or mixed-use.
If you’re buying a residential property there are different rates of SDLT if:
•you’re a first-time buyer
•you already own a property and you’re buying an additional property
•you’re not a UK resident
You can use HM Revenue and Customs’ (HMRC) Stamp Duty Land Tax calculator to work out how much tax you’ll pay.
You may be able to reduce the amount of tax you pay by claiming relief, such as if you’re a first-time buyer or purchasing more than one property (‘multiple dwellings’).
