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Satellite view of area and road
Satellite view of area and road
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lodg3a.jpg
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Rented develipment
Mezzanine floor
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Investment opportunity... rare opportunity for a discerning investor to acquire a residential development comprising of nine apartments in prime location, supported by excellent transport links and an abundance of shopping facilities.
All the residential units are currently let out on AST Contracts and presently producing a rental income just under £150,000 Per Annum which could be potentially increased or the tenants can be given notice.
Based on property / land value of £4,300,000 there will be an approx of £ Stamp Duty due.
Tax Band
%
Taxable Sum
Tax
Less than £250k
0
£
£
£250k to £925k
5
£
£
£925k to £1.5M
5
£
£
Over £1,500,000
10
£
£
Over £1.5 million
12
£
£
Total
£
If a property is greater than £425k you are not eligable for Stamp Duty relief.
For properties over £625k, SDLT is charged at 0% up to £250k and 5% from £250k to £925k.
This stamp duty calculator is designed to give you an idea of your stamp duty liability when buying a freehold residential property in England & N.Ireland. Stamp duty calculations are rounded down to the nearest pound. Stampy Duty guide is approx. as of 23rd September 2022 - please visit https://www.gov.uk/stamp-duty-land-tax for the latest information
4300000.00
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