An extremely well presented, two bedroom, ground floor apartment that has been well maintained and improved upon by its current owner. This development is located on the popular east side of High Wycombe, just a short walk of Kingsmead Park and Retail Park, as well as being conveniently placed for junction 3 of the M40 and High Wycombe railway station, offering a direct line service into London Marylebone. This really would make a great first time purchase or buy to let investment with a rental income of circa £1400 PCM. The accommodation comprises; entrance hall, modern fitted kitchen, lounge/diner with access to a balcony, modern bathroom, two double bedrooms and en-suite shower room to master. The property further benefits from UPVC double glazing, modern electric heating, allocated parking with visitor bays and a long lease remaining. An internal viewing is highly recommended.
LEASEHOLD LENGTH: 999 year unexpired lease with 982 years remaining. SERVICE CHARGE: £3,459.04 per annum. GROUND RENT: £389.10 per annum (THE BLOCK HAVE SUCCESSFULLY GAINED THE RIGHT TO MANAGE WHICH WILL SIGNIFICANTLY REDUCE THE SERVICE CHARGE IN FEBRUARY NEXT YEAR)
Based on property / land value of Guide price £245,000 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
245000.00
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