Entrance Porch
Front entrance, access into lounge.
Lounge (4.78m x 3.48m)
Front facing window, fitted blinds, carpeted, radiator, Tv point, electric fire with surround and hearth, access into kitchen, neutral decor.
Kitchen (3.71m x 3.48m)
Range of fitted wall and base units in oakwood with complimentary worktops, splashback, base unit underlighting, stainless steel sink with mixer tap and drainer, breakfast bar, opening and electrical points for white goods, vinyl flooring, radiator, stairs off to first floor, under stair storage, opening into dining room.
Dining Room (3.76m x 1.73m)
Rear facing door out to rear, side facing window, carpeted, TV point, radiator, access to ground floor shower room, spotlights, neutral decor.
Ground Floor Shower Room (3.76m x 0.99m)
Three piece shower room suite in white, WC, sink basin, electric shower enclosure with glass door, spotlights, heated towel rail, spotlights, vinyl flooring, neutral decor.
Stairs
Bi-fold door, carpeted, access to first floor rooms.
Bedroom 1 (3.07m x 3.48m)
Front facing window, fitted blinds, carpeted, radiator, fitted wardrobes and shelving with down lighting, neutral decor.
Bedroom 2 (3.15m x 3.48m)
Rear facing window, carpeted, radiator, storage cupboards with access to boiler, neutral decor.
Family Bathroom (1.30m x 2.64m)
Side facing window, three piece bathroom suite in white, WC, sink basin, fitted bath with mixer taps, tiled splashback, radiator, laminate flooring, neutral decor.
Externally
Front gated yard, rear paved garden with garden shed and gated off road parking access.
Tenure
The vendors have confirmed the property is Freehold.
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 £250,000.
The threshold for non-residential land and properties is £150,000.
Thresholds Property Price SDLT Rate
Up to £250,000 0%
The portion between £250,001 to £925,000 5%
The portion between £925,001 to £1,500,000 10%
The portion over £1,500,001 12%
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
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’).
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
