Richmond Road, Exeter Offers in the Region Of £1,325,000
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A listed former guest house with accommodation spread over four floors offered for sale in excellent condition. Situated in a popular city centre location close to the heart of the city and conveniently between St Davids and Central train station. The house has a C1 licence for the 22 bedrooms Planning permission for change of use has been granted ready for development. Excellent possibility for conversion into student accommodation, subject to obtaining the necessary change of use permissions. The property is an ideal investment opportunity with flexible well maintained accommodation and a stunning courtyard garden to the rear. Most bedrooms have en-suite shower rooms and there is a communal living space on the ground floor. The house is now empty and has 2G fibre, Water and Fire Risk Assessments done externally yearly and EOV installed.
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Stamp Duty Calculator
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Based on property / land value of £1,325,000 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
£
or purchases over £500k, SDLT is charged at 2% from £125k 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 1st April 2025 - please visit https://www.gov.uk/stamp-duty-land-tax for the latest information
1325000.00
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