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2 Bedroom top floor apartment in Johnson Street, Southampton
Hall, Lounge/dining room, kitchen, two bedrooms and bathroom. plus loft.
The property was built in 2003
The lease commenced on 1st January 2002 and runs for 125 years
Ground rent to the freeholder is peppercorn
Service charge is currently £990 per annum rising to £1138 on 1st July 2025
The property also benefits from
A private landing
Storage cupboard on landing
High ceilings and loft space
Small block with single entrance
All leaseholders become shareholders of the management company. There is no appointed managing agent but instead a full time property manager looks after the site personally. This arrangement has proved to be very successful.
Based on property / land value of £145,000 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
£
or purchases over £500k, SDLT is charged at 2% from £125k 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 1st April 2025 - please visit https://www.gov.uk/stamp-duty-land-tax for the latest information
145000.00
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