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CHAIN FREE
2 BEDROOM COTTAGE
2 RECEPTIONS
SHORT WALK TO THE MARINAS
WELL APPOINTED
GCH & DG
Chain free and located close to the amenities and high speed mainland link from Cowes to Southampton - this end of terrace, well appointed cottage would make an excellent holiday lock up and leave or perhaps first time buyers home. Comprising of 2 bedrooms and 2 receptions the property would also let very well due to the location and offers over a 5% yield.
Based on property / land value of £175,000 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
£
or purchases over £500k, SDLT is charged at 2% from £125k 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 1st April 2025 - please visit https://www.gov.uk/stamp-duty-land-tax for the latest information