Lounge
Front facing with window, vertical blinds, tiled flooring, gas fire with surround, two radiators, neutral decor, stairs off to first floor.
2nd Reception/Dining Room
Rear double doors into boot room, laminate flooring, TV point, fire surround and hearth, radiator, neutral decor, door for access into kitchen.
Kitchen
Rear facing with window, range of fitted wall and base units in Beech finish with complimentary Grey worktops, inset sink and drainer with mixer taps over, standing range gas cooker with extractor hood over, free standing fridge and freezer, tiled flooring, white tiled walls and splashback, washing machine, door leading into
Boot Room
Access out to rear yard.
Stairs
Stairs leading to all first floor rooms, carpeted, neutral decor, access to loft.
Bedroom 1
Rear facing with window, carpeted, radiator, neutral decor.
Bedroom 2
Front facing with window, carpeted, radiator, neutral decor.
Bedroom 3
Front facing with window, carpeted, radiator, neutral decor.
Family Bathroom
Rear facing with window, modern four piece bathroom suite in white comprising vanity sink and toilet, bath, shower enclosure, heated towel rail, spotlights, fully tiled walls, vinyl flooring.
Externally
The property is pavement front and has a private rear yard with gated access to the ginnel where there is a additional garden space.
Tenure
We await this information from the vendors
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’).
