The Government have announced that the new Stamp Duty Land Tax (SDLT) threshold will be implemented with immediate effect and will apply and run until 31 March 2021.
The new threshold means that any buyer purchasing a primary residential property before 31 March, up to the value of £500,000, will be exempt of paying Stamp Duty. On purchases over the £500,000 threshold, buyers will pay a 5% SDLT on the portion from £500,001 to £925,000, 10% on the portion from £925,001 to £1.5 million and 12% on any portion over £1.5 million.
With this in mind, we explore 10 magnificent properties under £925,000.
Located in the fashionable and leafy countryside of Great Glen, this substantial family home offers excellent scope for development to provide additional living accommodation. Secured behind a gated driveway, the formal grounds boast a private landscaped garden, bordered by a charming river and a brick wall that opens onto grass land, as well as a post and rail paddock to suit equestrian needs.
This early Victorian gabled home, set back from the road behind a high wall and shingled driveway, comprises of plentiful reception space, including a sitting room leading to a games room, a dining room, a kitchen, a study, a utility room and a cloakroom, all on the ground floor. In this family home, there are a number of period features, including wooden shutters, high ceilings, ceiling roses and coving, married harmoniously with modern touches.
This ex-dairy farm is accompanied by 138 acres of arable pastures and a range of outbuildings, offering considerable opportunity for development. This Pembrokeshire promontory boasts spectacular coastal, sea, and Preseli mountain views and has access to a beach cove in Pretty Bay, within the Pembrokeshire Coast National Park.
Millstone House is a substantial detached home, built with locally quarried stone, exposed timber beams and flooring, and features oak skirting, architraves, staircase, and doors. The contemporary home, completed in 2017, offers a unique opportunity to run a guest house business fitted with CCTV, controllable hot water and heating zones, and a fire alarm system.
Situated in a prestigious new development, this contemporary apartment boasts open sea views from all outside terraces with stylish, frameless glass balustrades, and access to a private beach. The inside of the home features contemporary engineered wooden flooring and doors, Porcelanosa wall and floor tiles in the bathrooms, and designer appliances in the kitchen.
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This immaculately presented barn conversion offers versatile accommodation, one with a dressing room and three open-plan reception rooms and four bathrooms. Set in a rural, yet accessible location, the grounds of the property extend to approximately five acres, host to a landscaped garden and grounds that include equestrian facilities, such as a stable block and paddocks.
Located in a picturesque village, with far-reaching views over the Peak District and beyond, is this spacious farmhouse with a double garage and various outbuildings. Originally built in 1981, this property has never been on the market, offering generous gardens and a further 38 acres of farmland.
This Grade II Listed detached cottage boasts period features throughout, such as character beams to the ceilings, an Inglenook fireplace, a woodburning stove, parquet flooring, a wooden stable door inside the home and a turned staircase rising to the first floor. Included with this home is a detached double barn providing office space and large storage space, suitable for conversion.
This breath-taking period barn conversion boasts internal leisure facilities, including a swimming pool with a sauna and changing and shower rooms, as well as ample entertainment space in the snooker room, cinema room, and additional reception room. The gardens surround this property, complete with a three-tiered fountai in an ornamental pond in the captivating central courtyard.
Originally build in 1860, and later extended in the 1970s, this home boasts period features, including exposed stone walls, a feature Victorian fireplace, and original window shutters, over three floors. Set in around 1.25 acres, this secluded cottage benefits from beautiful gardens with mature trees, rolling lawns, and spring fed water features.
Are you searching for your dream home and would like to make the most of the new stamp duty changes? Get in touch with your local Fine & Country agent today.
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