Ryders Terrace, St John's Wood, NW8

£1,395,000
2 Bedrooms 1 Bathroom 2 Receptions

Located in this quiet St John's Wood cul-de-sac is this architecturally designed and recently rebuilt mews house (791 sq ft / 73 sq m). This truly unique property is arranged over three floors and comprises reception room and open plan kitchen on the first floor complete with vaulted ceiling, acid etched glass cabinet doors; Quooker tap, drinking water filter, wine fridge, a stunning galleried study area, bedroom with ensuite bathroom on the ground floor and TV/cinema room/ bedroom two, additional guest WC and ample storage in the basement. This unique and contemporary house has been the subject of an extension refurbishment program and features solid French oak staircase, electric skylights, fitted wardrobes by Neatsmith with Italian lacquer doors, a Control 4 home automation system controlling: lighting, audio, video, CCTV, Security and Heating (everything can be accessed and controlled remotely), MVHR vent-axia system, underfloor heating throughout and Artemide lighting. Furthermore, the Cata spotlights in kitchen and dining area are the first time they have been put into a residential installation in the UK. Ryders Terrace is located behind Blenheim Terrace, with a good selection of shops and restaurants. The property is also within easy walking distance to both St John's Wood High Street and underground station (Jubilee Line).

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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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