Secure intercom entrance. Stairs lead off to all floors.
Inviting hallway with wood flooring, electric heating and doors leading off to rooms.
Canal view kitchen with a range of wall and base units with complementary work tops, oven and over head extractor with tiled flooring.
Spacious lounge, carpeted with electric heater.
Double bedroom, carpeted with large fitted wardrobe and electric heater.
Carpeted bedroom with electric heater and door leading to store cupboard.
Fully tiled bathroom comprising of WC, basin and bath with shower head.
Externally the property benefits from canal views on both sides, communal gardens and allocated parking space.
Leasehold with 134 years remaining.
Residential property rates
You usually pay Stamp Duty Land Tax (SDLT) on increasing portions of the property price when you buy residential property, for example a house or flat.
The amount you pay depends on:
•when you bought the property
•how much you paid for it
•whether you’re eligible for relief or an exemption
Rates for a single property
You pay SDLT at these rates if, after buying the property, it is the only residential property you own.
You will usually pay 5% on top of these rates if you own another residential property.
Rates from 1 April 2025
Property or lease premium or transfer valueSDLT rate
Up to £125,000Zero
The next £125,000 (the portion from £125,001 to £250,000)2%
The next £675,000 (the portion from £250,001 to £925,000)5%
The next £575,000 (the portion from £925,001 to £1.5 million)10%
The remaining amount (the portion above £1.5 million)12%
Example
In April 2025 you buy a house for £295,000. The SDLT you owe will be calculated as follows:
•0% on the first £125,000 = £0
•2% on the second £125,000 = £2,500
•5% on the final £45,000 = £2,250
•total SDLT = £4,750
