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This 1 bed, 1 bath apartment at Reading Riverworks spans 545 sq ft and is only a short 3-minute walk to Reading station where the Elizabeth Line gets you to London Paddington in just 23 minute Reading Riverworks boasts stunning views and will be a thriving destination where people will feel welcome, connected and energised. The apartments will draw upon the development's rich heritage, whilst benefiting from a prime position on the River Thames and next to Reading station.
Priced at £532,000, this property is perfect for an investor looking to achieve impressive rental yields just shy of 6%, or for a first time buyer looking for an opportunity to make their first step on the property ladder.
Based on property / land value of £352,000 there will be an approx of £ Stamp Duty due.
Tax Band
%
Taxable Sum
Tax
Less than £250k
0
£
£
£250k to £925k
5
£
£
£925k to £1.5M
5
£
£
Over £1,500,000
10
£
£
Over £1.5 million
12
£
£
Total
£
or purchases over £500k, SDLT is charged at 2% from £125k to £250k and 5% from £250k to £925k.
This stamp duty calculator is designed to give you an idea of your stamp duty liability when buying a freehold residential property in England & N.Ireland. Stamp duty calculations are rounded down to the nearest pound. Stampy Duty guide is approx. as of 1st April 2025 - please visit https://www.gov.uk/stamp-duty-land-tax for the latest information
352000.00
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