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FANTASTIC INVESTMENT OR FIRST TIME BUY! Looking for a central pad that allows you your own space but keeps you in the heart of the action? Then look no further than this great one bedroom flat in Dudley Road, just a stones throw from all shops, bars and restaurants that Tunbridge Wells has to offer as well as the train station to get you into London.
The seller advises us that the property is share of freehold with an underlying lease with 964 years remaining. Ground rent is zero and the Service charge is £156.75, which has been higher recently to pay for front rendering, which is being done at the moment.
Based on property / land value of £200,000 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
200000.00
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