This five bedroom HMO property is located close to Southampton city centre. Four of the bedrooms have their own private ensuites and the bedroom to the ground floor has access to a private bathroom. The property also has a communal lounge, a kitchen and benefits from a rear garden. With all rooms occupied the property generates approximately £40,000 in rent a year. Another benefit includes C4 Planning approval which has been put in place for the HMO. Please contact us to arrange a viewing.
Based on property / land value of £380,000 Freehold 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
380000.00
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