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Available this November, this beautifully presented one-bedroom apartment on Formosa Street is offered in excellent condition. The property features an open-plan, fully fitted kitchen, a bright and spacious reception area, and a generously sized double bedroom.
Ideally located, the apartment is in close proximity to a wide range of amenities and is within walking distance of transport links, including Warwick Avenue Station and Paddington Station.
EPC Rating: C. Local Authority: Westminster. The property is available on a 12-month contract with a 6-month break clause. A 5-week deposit is required.
Based on property / land value of £1,700/PCM 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
1700.00
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