Longlands Road, Middlesbrough
Offers in the Region Of £450,000
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DEVELOPMENT OPPORTUNITY IN LONGLANDS
Clarke Munro are delighted to have been given the opportunity to bring to the market this residential/commercial building plot.
Although expired, the plot had planning for a 92 Bedroom Student Housing Scheme and extends to approximately .0.33 Acres. This may be of interest to potential Student Landlord Investors but Subject to relevant planning consents could be used for Housing Associations for Low Cost Housing or commercially as a drive through. Being situated in Longlands the land is well placed for all local facilities plus close to Town Centre amenities. Good transport links to nearby A66 and commuting routes.
Based on property / land value of £450,000 there will be an approx of £ Stamp Duty due.
Less than £250k
£250k to £925k
£925k to £1.5M
Over £1.5 million
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