Station Road, Clyst Honiton, Exeter Offers in the Region Of £5,500,000
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A Development site of approximately 5.10 acres of land with potential to build a development of luxury houses subject to the relevant planning consents. Part of the Oaklee Estate, Station Road, Clyst Honiton/Cranbrook this unique development site occupies a level position and is surrounding a property which could be sold at a later date. Part of which sits opposite 25 acre land purchased for development by DCC for green space, and between expansion Cranbrook Bluehayes. The plot is perfectly situated between Cranbrook and Broadclyst. The land offers low density high value development with an excellent access arrangement from the front road. The site is well placed for access to Exeter City, the M5 and A30. The particular area enjoys a high degree of downsizing retirement buyers especially as both Dartmoor and the South Coast are easily accessible
No EPC is required for this land. The land is sold as freehold. Any dimensions given or site boundary maps provided do not form part of any contract and may be inaccurate.
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Stamp Duty Calculator
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Based on property / land value of £5,500,000 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
£
If a property is greater than £425k you are not eligable for Stamp Duty relief.
For properties over £625k, SDLT is charged at 0% up 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 23rd September 2022 - please visit https://www.gov.uk/stamp-duty-land-tax for the latest information
5500000.00
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