Avenue Road, St Johns Wood, NW8

£2,475,000
2 Bedrooms 2 Bathrooms 1 Reception

* Video & Virtual Tours * An exceptional interior designed two bedroom, two bathroom apartment comprising approx.1400 sq ft/ 128 sq m, enviably situated on the seventh floor of this prestigious modern apartment building with far reaching views of Regents Park. The apartment went through an extensive refurbishment programme in 2011 to provide spacious and contemporary accommodation to the highest specification including bespoke elegant interiors, integrated audio sound system, wooden flooring, secondary glazing and alarm system.

The property comprises an impressive 31 ft double reception room with sensational panoramic views over Regent's Park and many of London's iconic buildings, principal bedroom suite with walk-in dressing room and luxury ensuite bathroom, second bedroom suite with ensuite shower room, a stunning bespoke fully fitted kitchen with breakfast bar and separate utility room. The property has the added advantage of two underground parking spaces, 24 hour porterage, recently refurbished entrance lobby, passenger lift, air conditioning, basement storage, long lease (948 years remaining approx.) and a share of the freehold.

Two Avenue Road is a highly sought after block occupying a prominent position on the corner of Avenue Road and Prince Albert Road, conveniently located for all local amenities of St Johns Wood, Regents Park and Primrose Hill. St Johns Wood High Street with its fashionable shops, cafes and boutiques is just a short walk away. Sole Agent.

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Stamp Duty Calculator

What level of Stamp Duty should you be paying? Use our Stamp Duty calculator tool to calculate the stamp duty charged on purchases of property in the UK.

Stamp duty rates (SLDT) on UK property transactions are linked to the price paid for a purchase.

Stamp duty is calculated over a number of different thresholds with clear delineation between the differing rates and is payable by the purchaser when buying a property, usually through the solicitor on completion of sale.

The rates for commercial property are different to residential and our calculator will offer guidance on residential property only.


STAMP DUTY FOR FIRST TIME BUYERS

A first time buyer is classified as someone who has never owned a residential property abroad or in the UK. Including leasehold properties. First time buyers cannot get stamp duty relief on buy-to-let properties and the purchase must be your only residence.

For first time buyers, a change to the stamp duty means that anyone buying their first home won't be liable for stamp duty if the purchase price is below £300,000.

Further relief is available for purchases up to £500,000 to help first time buyers in more expensive locations such as London.

Please note that our calculator factors in the location of the property and will calculate the first time buyer relief at £500,000.

 

STAMP DUTY WHEN BUYING A SECOND PROPERTY

In the 2015 autumn statement, the chancellor George Osborne announced that from April 2016 the SDLT (Stamp Duty Land Tax) would increase on any purchase of a second property.

The tax is applied to properties bought as a second home or a buy-to-let and will apply even if the property isn’t let out. However mobile homes, houseboats and caravans are classed as exempt. For most transactions the higher stamp duty will only apply to purchases of buy-to-let or second homes.

Someone who already owns a second home or buy-to-let, who plans to move house should also be exempt from the higher stamp duty rate, as the owner plans to replace their main residence.

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