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60% SHARED OWNERSHIP. Two bedroom modern DETACHED COACH HOUSE style apartment, modern kitchen, TWO JULIET BALCONIES, LOUNGE-DINING room and PARKING.
shared Ownership
the current vendor owns 60% share of the apartment with an opportunity to staircase ownership and acquire a higher % should one wish.
The remaining share of the ownership is through the Aster Group and applications will have to be made to them directly.
Measurements
Sitting/Dining Room - 17'4 x 17'4 (5.29m x 5.29m)
Kitchen - 8'1 x 7'0 (2.47m x 2.14m)
Bathroom - 8'1 x 5'7 (2.46m x 1.70m)
Bedroom 1 - 14'3 x 8'4 (4.35m x 2.55m)
Bedroom 2 - 10'2 x 8'8 (3.09m x 2.65m)
Based on property / land value of £160,000 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