Purchasing an apartment in Marconi House, 335 Strand, WC2R, places you at the heart of London’s prime property market. Given the prestige and capital value of flats in this development, understanding Stamp Duty Land Tax (SDLT) is a vital component of your investment planning. This guide by Fraser Bond breaks down current rates and how they apply to Marconi House homes.
Marconi House apartments vary considerably in price, depending on size and specification. Recent data shows:
A 2-bedroom flat can sell for approximately £1,025,000
More spacious units, such as larger flats, can be valued around £1,462,000
As of 1 April 2025, the SDLT system in England changed significantly:
Standard residential buyers now pay:
0% on the first £125,000
2% on the portion between £125,001 and £250,000
5% between £250,001 and £925,000
10% between £925,001 and £1.5 million
12% above £1.5 million
First-time buyers now benefit from:
0% on the first £300,000
5% on the remainder up to £500,000.
Buy-to-let or second home buyers face additional rates—typically an extra 4%—on top of the base SDLT bands.
Purchase Price: £1,025,000
SDLT Payable:
£0 on first £125,000
2% (£2,500) on next £125,000
5% (£36,250) on next £675,000
10% (£10,250) on remaining £102,000
Total SDLT: £48,750
Price: £1,462,000
SDLT Payable:
£0 on first £125,000
2% (£2,500) on next £125,000
5% (£33,750) on next £675,000
10% (£53,700) on next £537,000
Total SDLT: £89,950
Recent tax reform means nearly all buyers outside the lowest tiers now face Stamp Duty. Data confirms:
In 2025–26, average SDLT in London exceeded £18,000 per purchase.
A “typical” UK home purchase of ~£269,000 now triggers an SDLT bill of £3,450 — a significant rise over previous levels
These figures illustrate how much more costly high-value property ownership has become under current tax settings.
As expert advisers for Marconi House buyers, Fraser Bond offers:
Precise SDLT projections customized to your specific flat and status (first-time buyer, external investor, etc.)
Strategic timing advice — current thresholds take effect from 1 April 2025
Full budgeting support, including legals, SDLT, and conveyancing considerations
Ongoing updates on proposed reforms that could affect long-term property tax structures.
| Buyer Type | Estimated SDLT on £1,025,000 Flat |
|---|---|
| Principal Residence | £48,750 |
| Buy-to-Let / Second Home | £88,750 (approx.) |
| First-Time Buyer (if eligible) | Likely exempt if under £500k (not applicable here) |
Stamp duty planning is essential when acquiring a high-value apartment at Marconi House. As your financial partner and property expert, Fraser Bond ensures clarity, compliance, and cost-effective decision making.
Visit FraserBond.com to arrange a tailored SDLT estimate or a buyer consultation today.
