Stamp duty cut opens the door for last chance savings in Plymstock

Savvy buyers in Plymouth hoping to make big savings on stamp duty need look no further than the final release of homes from Annington on Holmwood Avenue in Plymstock. Prices for the final three-bedroom homes in this release start from £215,000 for a mid-terrace home, and will see buyers pay no stamp duty (on properties valued up to £250,000) thanks to a recent announcement by chancellor Kwasi Kwarteng.

The former MOD properties, which have been lightly refurbished throughout by Annington ahead of sale on the open market, have proven popular with local buyers and first time homeowners since their launch in June. The final phase of homes is expected to see similar demand upon their release in October.

Lucas Jackson, Branch Manager at selling agents Fox and Sons, comments: “It’s still early days of course, but people are now starting to eye up the options and are realising that they could save a lot of money thanks to the stamp duty cut. Combine this with the success of our recent releases and we’re expecting this last handful of homes to sell very quickly. Three-bedroom homes at this price point and location don’t come around often and as such we don’t expect them to remain on the market for long.”

The properties have also proven popular with local Service men and women hoping to put down roots nearby to the largest naval base in Western Europe. Armed Forces personnel are eligible for a Service Discount, subject to eligibility criteria, which offers a £500 contribution from Annington for every £25,000 of the cost of the home, up to a maximum of £5,000.

Louise Saunders, Sales and Marketing Manager. at Annington, comments: “For those looking for a hassle free move, and the opportunity to celebrate Christmas in their new home, these properties tick all the boxes. Our light refurbishment means that all the hard work is already done before our buyers step through the front door, but there’s still plenty of opportunity to customise their new home once they move in. We are proud to continue to deliver quality homes to local communities that need them most, and this last release of homes in Plymstock offers buyers a final opportunity to purchase within a lovely established community.”

Key road links including the A30 and A38 offer easy access into Cornwall, while Exeter is just over an hour’s drive away. Plymouth Station offers regular services to major UK cities for those wishing to travel further afield.

To find out more and book a viewing, contact the dedicated selling agent Fox & Sons Estate Agents by calling 01752 344349.

To find out more about Annington, visit www.annington.co.uk.