First Street Chelsea SW3
- 3 Bedrooms
- 2 Bathrooms
- 1 Reception room
The upper part of a stylish house in one of Chelsea’s most sought after streets. The house is light and bright with a modern contemporary interior over three floors, the ground, first and second floors. First Street is one of the quiet streets that runs between Walton Street and Milner Street. Close to Knightsbridge, Sloane Square and South Kensington Underground Stations as well.
- Phone: +44 (0) 20 7225 0277
- Email: Click here
Stamp Duty on Residential Property Rentals is a legal requirement and we would recommend you gain professional advice. Stamp Duty is only applicable when the rental figure exceeds £125,000 during the period of the rental term. As of 4 December 2014, it is now calculated at increasing rates for each portion of the price being paid, in a similar fashion to income tax.
In order to simplify the more complicated calculation, Russell Simpson provide you with a 'Stamp Duty Calculator'.
Enter the proposed total rental sum for the duration of your term below to establish the tax payable on your rental.
|Total Rental Sum|
|Price bands||Percentage rate||Taxable sum||Tax|
|Up to £500,000||0%||£0||£0|
|Above £500,000 and up to £925,000||5%||0||0|
|Above £925,000 and up to £1,500,000||10%||0||0|