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6 bedroom detached house for sale

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6 bedroom detached house for sale

Westwinds, St. Andrews Road, Dinas Powys, South Glamorgan, Vale Of Glamorgan, CF64 4HB
£1,200,000

Our Summary

  • 5 acres offering privacy and remarkable potential
  • * Development Scope: Enormous potential for modernisation or redevelopment Important Considerations & Potential Incentives: * VAT Reduction for Renovation: As Westwinds has been vacant for over two years, purchasers are eligible for a reduced VAT rate of 5% on qualifying works, including repairs, alterations, construction of associated garages, and hard landscaping
  • * Land Transaction Tax (LTT): We are advised that the property, in its derelict current condition, might be classified in a way that could lead to LTT being assessed at a commercial rate
  • Prospective purchasers are strongly advised to make their own independent enquiries and verifications regarding all aspects of the property, including (but not limited to) its condition, dimensions, planning permissions, and any potential financial incentives or tax implications mentioned
  • Planning Permission Granted for Rear Extension in October 2024
  • Renovation Required

Description

Nestled in over 2.5 acres of private grounds on the desirable edge of Dinas Powys, Westwinds is a substantial detached property offering an exceptional development prospect. With a generous 40-metre frontage, extensive parking, and a feature roundabout, this property presents a rare chance to craft your dream home(s) in a prime location. The property, originally two semi-detached homes, boasts a significant footprint of 3,315 sq ft, awaiting transformation. With enormous potential for modernisation or redevelopment, Westwinds offers a unique canvas for those with vision. Additionally, prospective purchasers may be eligible for a reduced VAT rate of 5% on qualifying works, and there is potential grant funding available. However, it is essential to make independent enquiries and verifications regarding all aspects of the property, including its condition, dimensions, planning permissions, and any potential financial incentives or tax implications.