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Previously 6 bedsits
Work required
Sensibly priced
Popular TS4 location
Close proximity to Teesside University
No forward chain
Clarke Munro bring to the market this terraced property, previously used as six bedsits, which has been sensibly priced to reflect works required, but boasting huge potential to redevelop and let. Deceptively spacious, the rooms could be modernised or adapted to convert into additional bed sits or changed back to a large residential home. Within close proximity to Albert Park, Middlesbrough town centre, 8 minute walk to Teesside University Campus & 26 minute walk to James Cook University Hospital (according to google maps). Offered with the advantage of no forward chain. Early viewing advised and sensible offers encouraged.
Based on property / land value of £160,000 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