Stockfield Road, London, SW16
Guide Price £800,000 Freehold
This terraced Edwardian house is in a sought-after location in Streatham Hill and needs a buyer keen on a carrying out a full refurbishment project to create an excellent family home.
**STAMP DUTY LAND TAX UPDATE**
Stamp duty land tax will now be exempt on the first £500,000 of all property sales in England and Northern Ireland.
This means that the threshold for 'no stamp duty' therefore rises from £125,000 to £500,000.
The next £425,000 (the portion from £500,001 to £925,000) = 5% (SDLT Rate)
From 8 July 2020 to 31 March 2021 the special rules for buyers are replaced by the reduced rates set out above.
For buyers who are purchasing a second home or buy-to-let property, they will also benefit from the changes, although the 3% surcharge will still apply.
Retaining high ceilings and some period character such as original fireplaces and fitted wardrobes, in a well-located, residential tree-lined road just off Streatham Hill, this charming house is now requiring a full overhaul and has scope to be extended and transformed into a large family home subject to the usual consents.
Available exclusively through Winkworth, the accommodation comprises: three double bedrooms, two bathrooms and a large loft (with scope to extend STPP) on the first floor. On the ground, two/three reception rooms and a basic kitchen on the ground floor. The garden is in excess of 40ft and offers great privacy.
Wyatt Park Road is a sought-after location within easy reach of excellent local schools, convenient shopping and useful, speedy transport links into central London from Streatham Hill. Brixton tube is a just short bus ride away.
The property is available without onward chain.
£300,000 Share of Freehold