- 2.5 Acre Plot +
- Highly Sought-after Location +
- South Facing Garden +
- Renovation Required +
- Planning Permission Granted for Rear Extension in October 2024 +
Discover Westwinds, a substantial detached property offering an exceptional development prospect, nestled in over 2.5 acres of private grounds on the desirable edge of Dinas Powys.
Boasting a generous c. 40-metre frontage, extensive parking with two carport/garages and a feature roundabout, this is a rare chance to craft your dream home(s) in a prime location.
Key Highlights:
* Expansive Grounds: Over 2.5 acres offering privacy and remarkable potential.
* Sought-After Location: Edge of Dinas Powys with south-facing gardens and views towards the coast.
* Significant Footprint: A 3,315 sq ft property (originally two semi-detached homes) awaiting transformation.
* 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.
* Potential Grant Funding: Grant of up to £25,000 is available
Westwinds presents a unique canvas for those with vision.
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.