Kings College Court, Primrose Hill Road, NW3

£899,995
2 Bedrooms 1 Bathroom 1 Reception

A beautifully presented two bedroom apartment (772 sq ft / 72 sq m) tastefully refurbished to an exceptionally high standard throughout. Located on the eighth floor of this newly refurbished apartment building (with two passenger lifts) in highly sought-after Primrose Hill, featuring a sizeable balcony with far reaching 'million dollar' views towards Central London's skyline and Primrose Hill park and an allocated parking space.

The property benefits from contemporary living space and offers an abundance of natural light flooding into all rooms. Both bedrooms have built-in high quality bespoke wardrobes from Sharps. The bright dual aspect reception room is larger than average (as originally incorporated a third bedroom) which offers access to the south facing decked balcony. Included in the full refurbishment of the apartment the seller has fitted to the highest standards: a bespoke designed kitchen with integrated Bosch appliances and quartz worktop, new luxurious bathroom and separate WC. The property features brand new double glazed windows, has been rewired, has a secure entry phone system and new plumbing installed with a new Vaillant boiler. The building itself has fibre optic and has recently been transformed into a modern vibrant building having been completely overhauled with four brand new luxury Penthouses constructed on top. The building further benefits from two new passenger lifts, immaculate communal areas, secure bike station and a new entrance is currently being formed with a concierge station.

Kings College Court is a 2 minute walk to Primrose Hill park and Englands Lane with its selection of small local shops including cafés, book shops and boutiques and you have a choice of both Chalk Farm or Swiss Cottage underground stations (Northern & Jubilee lines).

The apartment is being sold with a 999 year lease (from 2001) together with a Share of Freehold.

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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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