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IDEAL INVESTMENT OPPORTUNITY
GREAT LOCATION - LESS THAN 5 MINUTE WALK TO UNIVERSITY CAMPUS
MANAGING AGENT IN PLACE
7 ENSUITE ROOMS & 3 STUDIOS
COMMUNAL LIVING SPACE AND FULLY EQUIPPED KITCHEN
TENURE - FREEHOLD
COUNCIL TAX BAND A
Clarke Munro are delighted to introduce these two great investment properties located on a popular student investment street in TS1. Benefiting from being located on the doorstep of Teesside University and the amenities of Linthorpe Road, the two properties are being sold as a joint investment. One property consists of a mixture of eleven studio flats and en-suite room with a communal kitchen and outside space; the other is a further mixture of ten studio and one-bedroom apartments with a communal laundry room. Council Tax Band A. Ground floor floorplan to follow.
Based on property / land value of £450,000 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