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Portsmouth Road
Portsmouth Road
Portsmouth Road
Portsmouth Road
Portsmouth Road
Portsmouth Road
Portsmouth Road
Portsmouth Road
Portsmouth Road
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A rare opportunity to acquire a large ground floor apartment with the benefit of two private garden areas. The apartment itself requires a full refurbishment but has another unusual feature of a basement room and the possibility of creating an additional bedroom. Located within easy reach of local amenities near Woolston’s centre, offering great access to the city centre and beyond with Woolston train station being a short walk away. This would appeal to a first-time buyer looking for a project or property investor alike, an internal inspection is strongly recommended.
The lease of 99 years runs from 1994 but we understand that it will be extended to the original 99 years for the benefit of the new owner.
Based on property / land value of £149,950 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
149950.00
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