Abbey Lodge, Park Road, NW8

£4,950 per week Fees Apply
6 Bedrooms 4 Bathrooms 2 Receptions

Hanover are pleased to present this meticulously designed lateral apartment situated on the fourth floor of one of St John's Wood's most sought after apartment blocks, with 24-hour porterage & lift access to all floors. The stunning entrance hall widens as you enter & is located at the centre of the apartment. To the left, you are led to the main reception room & formal dining room. Both rooms benefit from concertina doors which open the rooms into one which is ideal for entertaining. The room is surrounded by full length windows inviting enormous amounts of natural light. The entire hallway is presented in stunning Walnut wooden flooring & is further complimented with feature wall lights, downlighters & detailed coving. The kitchen is modern & very well equipped, incredibly spacious, with high quality cupboards at eye & counter level on both sides of the kitchen & a large island with overhead extraction, fitted with Gaggenau appliances throughout & two large windows drowning the room in natural light. The master bedroom suite is approximately 350 sq. ft. & has a wonderful bay window with views towards Regent's Park, a large walk in wardrobe & en-suite with stunning marble tiles, his & hers hand basins, bath, large shower & WC. the further four bedrooms all have en-suites & boast impressive marble finishes & high end fittings including pedestal vanity units & oversized showers enclosed with luxurious rainfall shower heads, & further waterfall fixtures. The secluded sixth bedroom is ideal for staff accommodation which also has an en-suite. Wonderfully positioned close to St John's Wood High Street, Regent's Park & within a short walking distance to Baker Street & Marylebone High Street, with its fine selection of restaurants & boutiques. Offered furnished or unfurnished. Available immediately.

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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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