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A good sized 1st floor Studio Flat
Large Studio Room
Modern fitted Kitchen with appliances
Modern Fitted Bathroom with white suite
Electric Heating
Allocated parking space
Good Order
No Chain
95 Years remaining on the lease
Flat would let for £700 a month & the car parking space let separately for £100 a month
CHAIN FREE STUDIO FLAT WITH A SECURE ALLOCATED PARKING SPACE - Located in a small modern development built in 1991, just behind Lewes Road, next to Park Crescent. This flat is well presented with a modern separate fitted kitchen with appliances and modern bathroom with an electric shower. A safe and secure building with an entry phone system, this flat makes an excellent investment or first home. It would let for £700 per calendar month and the parking space can be let out at £100 per calendar month.
Outside
Secure double drive way gates with a secure pedestrian gate lead into the development. Flat 19 is located in the block to the far right as one enters the development. Car parking space 12 is located in the furthest corner which comes with the flat.
Description
Secure entry phone and stairs to the first floor. Front door. The bathroom has a modern white suite, with an electric shower over bath, Spacious studio room with windows overlooking Park Crescent. The kitchen is separate and very modern in style, with the benefit of fitted appliances and a breakfast bar.
Lease & Maintenance
Lease - 95 years remaining from 25.12.20
Ground Rent - £351 pa
Maintenance - £1064 pa
Managing agents - Austin Rees.
Based on property / land value of £185,000 there will be an approx of £ Stamp Duty due.
Tax Band
%
Taxable Sum
Tax
less than £500k
0
£
£
£125k to £250k
2
£
£
Above £500k to £925k
5
£
£
£925,001 - £1,500,000
10
£
£
Over £1.5 million
12
£
£
Total
£
If a property is greater than £500,000 you are not eligable for Stamp Duty relief
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. Prices correct as of 8th July 2020 - 31st March 2021