Please enter your starting address in the form input below.
INVESTMENT AND DEVELOPMENT OPPORTUNITY (STTP) Mackenzie Sampson are pleased to offer this investment opportunity. The property comprises of the freehold, surrounding land and 3 x 1 bedroom apartments. Abbie Court was built in 2007 and consists of 12 flats, 9 of the flats have been sold with three second floor flats retained and rented on AST’s at £825pcm. Each flat has its own parking space and, all flats were issued with a 125 year lease from 2007 and pay £250 per annum ground rent doubling every 25 years.
To the right hand side of the property is ample space for further development and again the possibility of adding an additional floor with 1 or 2 flats (subject to planning)
Total ground rent income is £2250 Ground rent
Total rental income is £29,700 for the three flats.
You must be logged in to save properties to your favorites! Please log in. Please Log In
Stamp Duty Calculator
Please select an option below...
Based on property / land value of £650,000 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
650000.00
This website uses cookies to ensure you get the best experience on our website.
More info