Alistair bought a house on 1 April 1997 for 125,000 and occupied the entire house as his
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Alistair bought a house on 1 April 1997 for £125,000 and occupied the entire house as his principal private residence until 1 November 2005. As from that date, he rented the top floor (comprising one -half of the house) to ten ants and retained the ground floor as his own residence. This arrangement continued until 1 October 2017 when he sold the house for £615,000. Compute the chargeable gain.
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