Porch (0.97m x 2.03m)
UPVC double glazing, access into entrance hall.
Entrance Hallway (1.52m x 1.22m)
Laminate flooring, radiator, stairs to first floor and door to lounge.
Lounge (4.95m x 3.73m)
Front facing window, dark wood effect laminate flooring, radiator, gas fire with dark wood surround and hearth, wall lights, TV point, ceiling fan, archway through to dining room.
Kitchen/Diner (2.41m x 4.72m)
Range of built in white high gloss units, complimentary worktops, one and half bowl inset stainless steel sink, gas hob and electric oven with stainless steel splash back and extractor over, integrated fridge, space and plumbing for washing machine, fully tiled walls, UPVC double glazed window and door to sitting room, radiator, tiled and laminate flooring, spotlights.
Sitting Room (2.21m x 3.05m)
Double glazed French doors to rear garden, laminate flooring, radiator, TV point, access to WC, skylight feature, neutral decor.
Ground Floor WC (2.21m x 0.94m)
Rear facing window, two piece bathroom suite in white, WC and sink basin, tiled walls, laminate flooring, radiator, neutral decor.
Stairs
Carpeted, side facing window to landing, access to all first floor rooms.
Bedroom 1 (4.11m x 2.82m)
Front facing window, carpeted, radiator, spotlights.
Bedroom 2 (3.25m x 2.82m)
Rear facing window, carpeted, radiator, spotlights., storage cupboard.
Bedroom 3 (2.57m x 1.80m)
Front facing window, laminate flooring, radiator.
Shower Room (1.60m x 1.80m)
Rear facing window, quadrant shower cubicle with thermostatic shower, sink basin and vanity unit, concealed WC, tiled flooring and walls, radiator, mirrored cabinet.
Externally
Driveway for one car, gated side access to rear garden with paved and artificial areas, wood arch feature way through to a natural lawned area with mature boarders.
Tenure
The vendor has confirmed the property is Leasehold with annual Ground Rent of £10 and 87 years remaining on the Lease.
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
