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The first development of its type on the north bank of the Thames in London Chelsea for 100 years. Designed by internationally renowned architect Sir Terry Farrell, the 4.58 hectare site includes the historic former Lots Road Power Station, a Grade II listed building and one of Chelsea’s most well-known and best loved landmarks. When complete, the scheme will comprise ten buildings spread across 600 meters of unique waterfront living, including two stand-out towers on either side of Chelsea Creek. Apartments in the towers will have stunning river views from Chelsea in the West to Canary Wharf in the East.
Based on property / land value of £4,990,000 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
4990000.00
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