Back Lane, Much Wenlock, Shropshire, TF13 6LY £495,000
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A substantial and prominent, double fronted property in the heart of Much Wenlock overlooking the Guild Hall. Whilst the property faces Wilmore Street, access is from Back Lane and includes a driveway, detached garage and a retail shop which fronts Wilmore Street, presently trading as Memories Antiques, currently providing a rental income. The accommodation has gas central heating, double glazing and many original features. It includes a sitting room, dining room, well fitted kitchen with appliances, roof terraces, 3 bedrooms, showroom and family bathroom. Outside to the rear is driveway parking for several vehicles together with a detached brick garage and electric charging point. EPC x 2 (D & C).
Based on property / land value of £495,000 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