Entrance Hall
Entrance hall with stairs off, laminate flooring, radiator, neutral decor, leading into lounge.
Lounge (3.76m x 3.61m)
Facing facing into bay window, laminate flooring, radiator, tv point, neutral decor.
2nd Reception/Dining Room (4.67m x 3.68m)
Rear and side facing, laminate flooring, radiator, storage cupboard under the stairs, electric wood burning effect fire with wooden mantel, neutral decor, patio doors leading to rear garden and doorway leading into kitchen.
Kitchen (2.08m x 3.48m)
Rear and side facing, modern range of fitted wall and base units in White finish with complimentary black worktops. Inset sink and drainer with mixer taps over, built in electric oven and induction hob with extractor hood over, integrated fridge freezer, integrated microwave, plumbing for washer, vinyl flooring, spotlights, neutral decor.
Stairs
Stairs leading to all first floor rooms, neutral decor.
Bedroom 1 (3.00m x 4.60m)
Rear facing into bay window, carpeted, radiator, fitted wardrobes, cupboards and drawers, neutral decor.
Bedroom 2 (3.07m x 3.61m)
Front facing, carpeted, radiator, neutral decor.
Bedroom 3 (1.24m x 2.69m)
Front facing, laminate flooring, radiator, build in cupboard, neutral decor.
Bathroom (1.75m x 2.46m)
Rear facing, modern three piece bathroom suite in white comprising toilet and feature sink, shower over bath, glass shower screen, heated chrome towel rail, built in storage cupboards, spotlights, fully tiled walls and flooring.
Externally
To the front on the property there is a flagged driveway leading to garage which is insulated and boarded and garden area and a private rear lawned garden with paved area.
Tenure
We have been advised by the vendors that 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 lessYou 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
