Houses at a new and exclusive luxury housing development at Adforton, Herefordshire, are benefiting from thousands of pounds in savings thanks to the zero per cent Stamp Duty brought in by the government earlier this year.
Adforton Farm, near Leintwardine and close to the Shropshire border, includes four properties – two three-bedroom and two four-bedroom. One of the three-bedroom homes has already been sold subject to contract.
The changes to Stamp Duty mean zero per cent tax is paid on properties in England up to a value of £500,000 until 31 March 2021. Stamp duty had to previously be paid on properties over £125,000 (or £300,000 for first-time buyers).
Savings of up to £11,247
This means savings of up £7,500 on the three-bedroom properties and over £11,247 on the four-bedroom properties.
The houses have been developed by Graham Ottoway Builders on behalf of Brimfield Developments and are being marketed by estate agents and chartered surveyors Morris, Marshall and Poole with Norman Lloyd.
They are situated within the open countryside with fantastic views across Herefordshire fields.
Stunning open plan kitchen and family room
The properties include a stunning open plan kitchen and family room that incorporates tri-fold doors, a lounge with optional woodstove and master bedroom with Juliet balcony and en-suite.
Purchasers will be able to add their own finishing touches to the properties to finalise to their personal tastes in discussion with the developers.
Each home includes underfloor heating on the ground floor with oil-fired central heating and solar panels to heat the hot water.
Significant cash savings
“These are perfect examples of properties where significant cash savings can be made on the current adjustments to Stamp Duty in England,” said Andrew Turner, a Partner at MMP/NL. We’d welcome prospective purchasers to come and see the properties and the locality and they will fully understand the benefits of living in them and this area.”
More details can be found at www.morrismarshall.co.uk.
MMP/NL has offices in eight towns, including Newtown, Oswestry, Aberystwyth, Welshpool, Llanidloes, Rhayader, Tywyn, Machynlleth and a showroom in Aberdyfi. It also has a specialist Rural Team based at Welshpool Livestock Sales and an associate office in London.