Unsure of Asking Price due to Stamp Duty

Cissi

Be aware that selling prices at the moment are on average 12% below asking price, and this is the most that many buyers will be prepared to offer. In this market, buyers do want to feel that they're getting a "bargain". So if you market it at £275k I doubt you'll get offers above £250k anyway, regardless of the stamp duty threshold issue. 88% of 275k is £242k. £250k would only be 9% below £275 - not much of a perceived "discount" in today's market.

If you do want to aim for a bit more than £250k, which doesn't seem unreasonable given that it's bigger than the two that sold in January, I think you need to start higher, but it's tricky. Even £290k only gives you £255,200 with 12% off, and that's hardly enough over the threshold to make it worth your while to offer to pay the stamp duty difference.

If you want to sell quickly, I think I'd market it at £275 and be prepared to accept an offer just under £250k. I wouldn't bother offering to pay stamp duty, unless you feel comfortable marketing the flat at £300k