You can get Samsung’s new top of the range smartphone, the Samsung Galaxy Note 2, for only £480 from online retailer Digital Rev. The company is not based in the UK but upholds local warranty and doesn’t charge additional taxes on any products.

The Galaxy Note 2 was unveiled almost two months ago in Berlin during the IFA event. It replaces the Galaxy S3 as Samsung’s new flagship and Digitalrev’s price cut (around £40 from RRP) is the first major one we’ve recorded.

The device will not be to the taste of everyone partly because of its massive form factor. It sports a huge 5.5in Super AMOLED display with a 1,280 x 720 resolution, which is bigger by 0.2in compared to its predecessor and the biggest screen on any smartphone on the market.

There’s also a quad-core system-on-chip, the Exynos 4412, clocked at 1.6GHz, with 1GB of RAM, 16GB onboard storage, a microSD card slot, an 8-megapixel camera, a 3,100mAh battery, Android 4.1 Jelly Bean, TouchWiz UI and the S Pen, a capacitive stylus.

How does it shape up to its rivals? Check out the comparison we did between the Galaxy Note 2 and the Galaxy S3 and between the Galaxy Note 2 and the iPhone 5.