**NEW HOME** **DETACHED** ** **THREE FLOORS** **THREE BEDROOMS** **FIVE BATHROOMS** **INTEGRAL GARAGE** **GYMNASIUM** **MODERN INTERIOR** **SOUGHT AFTER AREA** **EXCLUSIVE NEW BUILD** **IDEAL FOR FAMILIES**
A one of a kind new build opportunity nestled in a unique private setting situated in the sought after area of Chadderton North. A new, exclusive & luxurious property carefully designed and featuring three spacious bedrooms all with personal en-suites and split across three floors complete with a modern interior throughout. High specification and offering ultra modern open plan living. Internally also consists of entrance hall, ground floor WC, lounge, contemporary kitchen/diner with utility room and sliding glass door features seamlessly leading out to the rear garden, lower ground floor reception space which would be perfect for a gymnasium, cinema room or fourth bedroom with access to WC and integral garage. Externally displays a gated driveway, access to integral garage and steps up to a beautifully landscaped rear garden with patio and lawned areas. Superb residential family location occupying a quiet & convenient cul-de-sac with close by access to local primary and secondary schools, amenities and numerous public transport links.
Available to view by appointment only via Medlock Estates.
Further information on specifications available on request.
Entrance Hallway -
Ground Floor Wc -
Living Room -
Kitchen/Dining Room -
Utility -
Stairs -
Master Bedroom -
Master En-Suite -
Bedroom 2 -
Bedroom 2 En-Suite -
Bedroom 3 -
Bedroom 3 En-Suite -
Lower Ground Floor Gynasium -
Lower Ground Floor Wc -
Integral Garage -
Tenure - The vendor has confirmed the property is Freehold.
Stamp Duty - You must pay Stamp Duty Land Tax (SDLT) if you buy a property or land over a certain price in England and Northern Ireland.
You pay the tax when you:
• buy a freehold property
• buy a new or existing leasehold
• are transferred land or property in exchange for payment, for example you take on a mortgage
The threshold is where SDLT starts to apply. If you buy a property for less than the threshold, there’s no SDLT to pay.
The current SDLT threshold for residential properties is £250,000.
The threshold for non-residential land and properties is £150,000.
Thresholds Property Price SDLT Rate
Up to £250,000 0%
The portion between £250,001 to £925,000 5%
The portion between £925,001 to £1,500,000 10%
The portion over £1,500,001 12%
Example
In October 2021 you buy a house for £295,000. The SDLT you owe will be calculated as follows:-
0% on the first £125,000 = £0
2% on the next £125,000 = £2,500
5% on the final £45,000 = £2,250
Total SDLT = £4,750
How much you pay depends on whether the land or property is residential use or non-residential or mixed-use.
If you’re buying a residential property there are different rates of SDLT if:
• you’re a first-time buyer
• you already own a property and you’re buying an additional property
• you’re not a UK resident
You can use HM Revenue and Customs’ (HMRC) Stamp Duty Land Tax calculator to work out how much tax you’ll pay.
You may be able to reduce the amount of tax you pay by claiming relief, such as if you’re a first-time buyer or purchasing more than one property (‘multiple dwellings’).
First-time buyers:
From 1 July 2021, you’ll get a discount (relief) that means you’ll pay less or no tax if both the following apply:
• you, and anyone else you’re buying with, are first-time buyers
• the purchase price is £500,000 or less