Coverdale Road, NW2

£3,500,000
8 Bedrooms 8 Bathrooms 2 Receptions

Set behind electric gates, this beautifully presented, substantial, double fronted 8/9 bedroom, 2 reception room, 8 bathroom, detached house of (5635 sq ft/ 523 sq m), set over 3 floors only, benefiting from secure off street parking for 4-5 cars.
Upon entering the house from the grand front entrance, you are presented with a spacious hallway with feature staircase, leading directly onto a large 40 ft reception with bi-fold doors opening onto a magnificent West facing garden extending in excess of 100 ft, mainly laid to lawn, incorporating an extensive decked area. The 30 ft well equipped, modern kitchen benefits from a contemporary island unit and breakfast / dining area, also leading directly onto the garden. The first & second floors offer exceptionally large well-proportioned flexible accommodation, with lovely westerly views over the garden. This spacious family home, enjoys that 'exclusive London feel' which combines the much sought after lateral living space. Coverdale Road is conveniently located within close proximity to Brondesbury Park Station (0.4miles) for the Overground. Kilburn Station is also within easy reach (0.6 miles) with access to the Jubilee Line. The property is very well positioned for a large selection of private and state schools located in the local areas of Queen's Park, North Kensington, Notting Hill, St John's Wood and Hampstead.

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Stamp Duty Calculator

What level of Stamp Duty should you be paying? Use our Stamp Duty calculator tool to calculate the stamp duty charged on purchases of property in the UK.

Stamp duty rates (SLDT) on UK property transactions are linked to the price paid for a purchase.

Stamp duty is calculated over a number of different thresholds with clear delineation between the differing rates and is payable by the purchaser when buying a property, usually through the solicitor on completion of sale.

The rates for commercial property are different to residential and our calculator will offer guidance on residential property only.


STAMP DUTY FOR FIRST TIME BUYERS

A first time buyer is classified as someone who has never owned a residential property abroad or in the UK. Including leasehold properties. First time buyers cannot get stamp duty relief on buy-to-let properties and the purchase must be your only residence.

For first time buyers, a change to the stamp duty means that anyone buying their first home won't be liable for stamp duty if the purchase price is below £300,000.

Further relief is available for purchases up to £500,000 to help first time buyers in more expensive locations such as London.

Please note that our calculator factors in the location of the property and will calculate the first time buyer relief at £500,000.


STAMP DUTY WHEN BUYING A SECOND PROPERTY

In the 2015 autumn statement, the chancellor George Osborne announced that from April 2016 the SDLT (Stamp Duty Land Tax) would increase on any purchase of a second property.

The tax is applied to properties bought as a second home or a buy-to-let and will apply even if the property isn’t let out. However mobile homes, houseboats and caravans are classed as exempt. For most transactions the higher stamp duty will only apply to purchases of buy-to-let or second homes.

Someone who already owns a second home or buy-to-let, who plans to move house should also be exempt from the higher stamp duty rate, as the owner plans to replace their main residence.

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