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Croft tenancy
5.9 acres
Mains water available
Electricity pole in field
Full planning permission
Ref: 23/01487/FUL
An opportunity has arisen to purchase a Croft Tenancy which is 2.3937 hectares or 5.9 acres plus 2 shares in the Armadale Common Grazings.
There is full planning permission for a 3 bedroom house and garage. Reference 23/01487/FUL and a building warrant granted. A water mains runs through the field (between the road and the proposed house site) and the nearest electricity pole is at the south west corner of the field which has been upgraded to a triple phase power.
A gate on the road opens into the field and another gate at the bottom fence gives access to the beach.
What3words: ///seagull.developed.cable
Based on property / land value of £70,000 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