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A great opportunity to acquire this new contemporary ground floor 1800 square foot apartment located in the heart of the city centre. The property is finished to the highest standard, having smart tvs in all bedrooms and living areas with ultra high spec appliances. The property benefits from 2 large bedrooms, one en-suite, one separate bathroom, a snug, utility room, plus an expansive kitchen and living area. This is an investment property producing an annual rental of £28,750 (8.2% gross yield)
Click to enlarge
2
2
2
Two double bedroom apartment
Two bathrooms
Exceptional spacious apartment throughout 1700 sq ft
Additional snug room
Smart tvs in all rooms
Ultra high spec appliances
Utility room with washing machine & tumble dryer
CCTV to building/secure cycle storage
Perfectly located for the city centre and university
Based on property / land value of £350,000 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