6 Bedrooms Detached house for sale in Sandy Lane, Kingswood, Tadworth KT20 | £ 2,250,000

Overview

Price: £ 2,250,000
Contract type: For Sale
Type: Detached house
County: Surrey
Town: Tadworth
Postcode: KT20
Address: Sandy Lane, Kingswood, Tadworth KT20
Bathrooms: 6
Bedrooms: 6

Property Description

Offers invited - 6,813 sq.Ft. - 6 en-suite bedrooms - ample grounds - distinguished setting within kingswood - stunning approach.

Substantial modern freehold executive home.
Premier Kingswood location.

A contemporary executive residence within a private plot and with a gated entrance into Sandy Lane which is a private road. Finished to the very highest standards the property is arranged over three floors of some 6,813 sq.Ft. All six bedrooms benefit from en-suite facilities with the property set within ample grounds and of course providing off street parking and an integral double garage.

Tenancy:
The property is currently let on an Assured Shorthold Tenancy for a term of 12 months from 21st March 2019 at a rent of £6,500 per calendar month. There is a deposit of £13,000 held.

Method of sale:
The sale of “Cranwood” will be by the holding Special purpose vehicle UK limited company. This provides the purchaser an enourmous stamp duty land tax (sdlt) saving. Based on the guide price at £2 million, the stamp duty that would be payable as a second property purchase for this lot would be in the sum of £213,750 (rates current at time of production of these details and purchasers must independently verify this and their own sdlt liability). This lot is however being sold by transfer of the Special purpose vehicle UK registered limited company and therefore, as a company sale has a stamp duty liability is at 0.5% of the sale of the company i.E., based on the guide price, the sdlt liability would be £10,000 providing that the purchaser with a cost saving in Stamp Duty Land Tax of some £203,750 based upon the guide price. For more information regarding the transfer of the shares please refer to the legal pack or contact the auctioneers.


Property Location

Property Marketed by V&H Homes



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Address: Surrey

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