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abbotFox presents this ideal first time buy. This is a Discounted Market dwelling, sold at a 20% discount on open market value, this home has been exceptionally well maintained and improved by the current owners. Accommodation comprises; entrance hall, cloakroom, lounge and kitchen diner to the ground floor, with two double bedrooms and a family bathroom to the first floor. Externally, the property benefits from allocated parking to the front, and a well maintained, landscaped rear garden. Offered to the market with no onward chain, an internal viewing comes highly recommended.
Agents Note: This home is offered to the market as a re-sale of an affordable home at 80% of market value in perpetuity (protected via a restriction on the title). Applicants must have a local connection to Broadland district. For further information, please contact the sales team.
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Stamp Duty Calculator
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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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