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5 BEDROOM licensed student HMO within short walking distance of the University
Currently generating £2065 per calendar month - excellent long term investment
Low maintenance garden
Gas central heating and double glazing
NO ONWARD CHAIN
TENURE: FREEHOLD. EPC RATING: 'D' COUNCIL TAX BAND: 'C'
GREAT INVESTMENT OR FAMILY HOME !
KEY READY INVESTMENT OR FAMILY HOME ! - A 5 BEDROOM semi detached STUDENT HMO property with licence. Currently achieving £2065 per calendar month and located just a short walk from the University this is an excellent long term investment.
The property has had many improvements and also has a low maintenance rear garden with artificial grass/ gravel.
The accommodation comprises: Hallway, living/ kitchen area, 5 letting rooms, shower room and additional WC, front and rear gardens. TENURE : FREEHOLD. EPC RATING: 'D'. COUNCIL TAX BAND: 'C'
Based on property / land value of £385,000 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