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Inside 10 homes for sale costing ten 10 times the average £325k house price

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The average price of a property in Britain has reached £325,000, according to property website Zoopla.

But what do you get if you spend ten times that? We take a look at what type of home you can buy at the £3.25million mark.

The properties range from a country estate in Bath that is set in 32 acres, to a three-bedroom flat in London. There is also a 10-acre estate in the heart of Roald Dahl countryside.  

We look at homes costing 10 times the average house price, including this two-bed flat for sale in London (scroll down for more details)

We look at homes costing 10 times the average house price, including this two-bed flat for sale in London (scroll down for more details)

All of the homes in our list cost £3.25million, including this country estate with 32 acres in Bath (scroll down for more details)

All of the homes in our list cost £3.25million, including this country estate with 32 acres in Bath (scroll down for more details)

Most of the properties are based in the south of England, particularly in the South East where property prices tend to be higher.

Daniel Copley, of Zoopla, said: ‘There is currently a wide range of spectacular properties for sale in Britain for £3.25m, including a contemporary home in the sought after Hutton Mount private estate in Essex, and a modern mega-mansion with a cinema room and gym in London.’

Ten homes for sale costing £3.25million…

1. Three-bed flat, North-West London

This three-bed flat in North-West London is on the market for £3.25million and is for sale via Sandfords estate agents

This three-bed flat in North-West London is on the market for £3.25million and is for sale via Sandfords estate agents 

The property in St James's Terrace is half a mile from St John's Wood London underground station and has a 24 ft living room

The property in St James’s Terrace is half a mile from St John’s Wood London underground station and has a 24 ft living room

The living room at the North-West London property has access to a tiled terrace with views across Regent's Park

The living room at the North-West London property has access to a tiled terrace with views across Regent’s Park

This three-bedroom flat in North West London covers more than 1,500 sq ft, the equivalent of 140 sq m – and has a share of the freehold.

It also has a 24 ft living room with access to a terrace that has views across Regent’s Park. The property in St James’s Terrace is half a mile from St John’s Wood London underground station and is for sale via Sandfords estate agents.

2. Seven-bed house, Prestwood, Buckinghamshire

This seven-bed character property in Buckinghamshire's Prestwood boasts almost 10 acres of land that includes a private lake and outbuildings

This seven-bed character property in Buckinghamshire’s Prestwood boasts almost 10 acres of land that includes a private lake and outbuildings

Strong history: The main house dates back to the 1800s and has remained in the same family for more than thirty years

Strong history: The main house dates back to the 1800s and has remained in the same family for more than thirty years

The property is a mile from the high street in Great Missenden - an affluent village where children's author Roald Dahl lived for 36 years

The property is a mile from the high street in Great Missenden – an affluent village where children’s author Roald Dahl lived for 36 years

This seven-bed house in Buckinghamshire’s Prestwood has almost 10 acres of land that includes a private lake and outbuildings.

The main house dates back to the 1800s and has been in the same family for more than thirty years.

Great Missenden’s high street is one mile away, with its restaurants, shops as well as The Roald Dahl Museum.

GREAT MISSENDEN AND ROALD DAHL COUNTRYSIDE 

Roald Dahl lived and wrote in Great Missenden

Roald Dahl lived and wrote in Great Missenden

Writer Roald Dahl lived and wrote in Great Missenden for 36 years.

The affluent village in Buckinghamshire was the children’s author’s home, until his death in 1990. 

He wrote all of his children’s books and many of his adult short stories in the Writing Hut built in his garden. 

He became one of the world’s best-selling authors, with his books having sold more than 250 million copies. 

Dahl’s books are known for their unsentimental, often darkly comic mood, featuring villainous adult enemies of the child characters. 

The rolling Chiltern countryside around Great Missenden is recognisable from descriptions in many of his books, including Fantastic Mr Fox and Danny the Champion of the World. 

They included James and the Giant Peach, Charlie and the Chocolate Factory, Matilda, The BFG, and Fantastic Mr Fox. 

3. Three-bed flat, South-West London

This three-bed flat in South West London is leasehold and is a third of a mile from Victoria London underground station

This three-bed flat in South West London is leasehold and is a third of a mile from Victoria London underground station

The modern apartment has a kitchen with wood flooring, high ceilings, dark cabinets and space for a dining table and chairs

The modern apartment has a kitchen with wood flooring, high ceilings, dark cabinets and space for a dining table and chairs

The property boasts a roof terrace with views of Westminster and room to entertain family and friends outdoors

The property boasts a roof terrace with views of Westminster and room to entertain family and friends outdoors

This three-bed flat in South West London is leasehold and is a third of a mile from Victoria London underground station.

It boasts a roof terrace with views of Westminster and beyond, and is on the market via Dexters estate agents.

4. Five-bed house, St Mawes, Cornwall

This five-bedroom coastal property in Cornwall is set in two acres of landscaped grounds and includes several outbuildings

This five-bedroom coastal property in Cornwall is set in two acres of landscaped grounds and includes several outbuildings

The spacious barn conversion is called Voskelly Barn and is on the edge of the Cornish coastal village of St Mawes

The spacious barn conversion is called Voskelly Barn and is on the edge of the Cornish coastal village of St Mawes

As well as the main house, there is a detached cottage that could be rented out to help provide an additional income

As well as the main house, there is a detached cottage that could be rented out to help provide an additional income

The appeal of Cornwall’s away from it all feel among buyers took on new meaning during the pandemic, due to its coastlines and open space – and this five-bedroom property in St Mawes has these qualities in abundance.

The barn conversion boasts two acres of landscaped gardens, and is set in the small coastal village of St Mawes. It is being sold via H Tiddy estate agents.

5. Four-bed house, Hutton, Essex

This striking property is in Hutton, in Essex, and it was originally an Art Deco-style house built in the 1930s

This striking property is in Hutton, in Essex, and it was originally an Art Deco-style house built in the 1930s 

The four-bed house has was transformed by the current owners just over a decade ago and today it includes this bright kitchen

The four-bed house has was transformed by the current owners just over a decade ago and today it includes this bright kitchen

The house extends across three floors and includes a swimming pool as well as large glass walls overlooking the garden

The house extends across three floors and includes a swimming pool as well as large glass walls overlooking the garden

This property was originally an Art Deco style house built in the 1930s but has since been transformed by the current owners just over a decade ago.

It extends across three floors and now includes vaulted ceilings, glass walls and egg-shaped doorways. It is being sold via Keller Williams estate agents.

6. Nine-bed property, Lansdown, Somerset

The Coach House Estate on the Lansdown slopes of Bath in Somerset has nine bedrooms, stables and an equine facility

The Coach House Estate on the Lansdown slopes of Bath in Somerset has nine bedrooms, stables and an equine facility

The extensive estate boasts 32 acres and several outbuildings, including a former cow shed that has been renovated

The extensive estate boasts 32 acres and several outbuildings, including a former cow shed that has been renovated

The Coach House Estate on the Lansdown slopes of Bath includes stables and an equine facility.

As well as the main house, there is also a cow shed, a detached building that has been restored to include a bedroom, bathroom and living room.

The estate boasts 32 acres and is being sold via estate agents Bowerhouse.

7. Eight-bed house, Capel, Surrey

The Clockhouse is a beautiful Grade II manor house set in around 2.5 acres of land in the Surrey village of Capel

The Clockhouse is a beautiful Grade II manor house set in around 2.5 acres of land in the Surrey village of Capel

Inside, the property includes wooden beans on the ceiling, stone tiles on the floor and wood panelling on the walls

Inside, the property includes wooden beans on the ceiling, stone tiles on the floor and wood panelling on the walls

The dining area in the manor house has tiled flooring and is in front of decorative windows and a large brick open fireplace

The dining area in the manor house has tiled flooring and is in front of decorative windows and a large brick open fireplace 

The Clockhouse is a Grade II manor house set in around 2.5 acres of land in the Surrey village of Capel.

The eight-bedroom property dates back to 1307 and is currently for sale via estate agents Asprey Estates.

8. Six-bedroom house, Radlett, Herfordshire

This modern six-bedroom house was built only five years ago and is in the affluent village of Radlett in Hertfordshire

This modern six-bedroom house was built only five years ago and is in the affluent village of Radlett in Hertfordshire

The ultra-modern family home includes air conditioning and mood lighting - including around the concrete staircase

The ultra-modern family home includes air conditioning and mood lighting – including around the concrete staircase

This six-bedroom house in the affluent village of Radlett in Hertfordshire was only built five years ago.

The ultra-modern family home includes air conditioning and mood lighting. It is being sold by Godfrey & Barr estate agents.

9. Seven-bed house, Ickenham, London

This luxury house in London's Ickenham is accessed via an electric gate and has a paved parking area at the front with space for at least 10 cars

This luxury house in London’s Ickenham is accessed via an electric gate and has a paved parking area at the front with space for at least 10 cars

Inside the seven-bed property, there is plenty of entertainment space - including this cinema room with leather sofas

Inside the seven-bed property, there is plenty of entertainment space – including this cinema room with leather sofas

This luxury seven-bedroom house in London’s Ickenham is accessed via an electric gate.

It is within walking distance of Ickenham high street and station, and is being sold by Robert Cooper & Co estate agents.

10. Five-bed house in Ascot, Berkshire

This gated family home in Berkshire's Ascot has five bedrooms and has been built with state-of-the-art features throughout

This gated family home in Berkshire’s Ascot has five bedrooms and has been built with state-of-the-art features throughout

The large kitchen has subtle two-tone cabinets, tiled flooring and a large central island with plenty of space for entertaining

The large kitchen has subtle two-tone cabinets, tiled flooring and a large central island with plenty of space for entertaining

The sophisticated kitchen extends to include a seating area that has a temperature controlled wine wall as a backdrop

The sophisticated kitchen extends to include a seating area that has a temperature controlled wine wall as a backdrop

This modern family home in Berkshire’s Ascot has been built with all mod cons, including Control4 home automation and Sonos sound system in all rooms.

It has five bedrooms and is being sold by Hamptons estate agents.

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Barings provides €72m loan for social housing portfolio (GB)

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Barings has provided a €71.9m (£62.9m), 15-year loan to finance the acquisition of a social housing portfolio in England by Domus Social Housing Ltd (Domus). Provided under its separate account with investor Phoenix Group, the UK’s largest long-term savings and retirement business, it is Barings’ first real estate debt exposure to affordable housing in Europe. 

 

Domus and Fiera Infrastructure Inc, were advised by Excellion Capital on the milestone transaction in which Domus acquired the portfolio, consisting of 54 properties in London, the midlands and the northwest of England with more than 850 beds in the underlying units. The assets are let to UK housing providers that specialise in managing homes for residents with a range of needs, including those experiencing homelessness and domestic abuse. There are over 320,000 people estimated to be sleeping rough, in homeless shelters or in other temporary housing in the UK, according to analysis from Shelter in 2018.

 

Chris Bates, Head of Europe Real Estate Debt Origination at Barings, said: “Having been actively lending against UK and European residential property for some time now, we were keen to explore opportunities in the affordable housing sector and believe this portfolio is a substantially attractive one to launch us into the market. We are increasingly seeking out opportunities to invest in residential property, given that it provides a long-duration, reliable income that hedges against rising inflation, and are interested in a range of asset classes such as affordable housing, student accommodation, build-to-rent and the private rental sector.”

 

Sam Mellor, Managing Director and Head of Europe & Asia – Pacific Real Estate Debt at Barings, said: “Increasing our exposure in affordable housing is the right thing to do from both a social impact and a financial investment perspective, reflecting both Barings’ values as a company and our investors’ priorities. With a housing crisis in the UK, as across much of the world, the social case is crystal clear. Barings has significant expertise and experience in the affordable housing sector in the U.S., upon which we’ve drawn for this investment, and we’re eager to continue to combine our global research capabilities with our on-the-ground knowledge to seek to secure returns for our investors.”

 

Prabjot Mann, Head of Property at Phoenix Group, said: “Phoenix is delighted to have provided €71.9m (£62.9m) for Barings’ first loan supporting affordable housing projects in Europe. Phoenix Group is committed to investments that have a clear social benefit and this loan forms part of our growing portfolio of investments in affordable, supported and social housing. This funding will provide housing to those most in need, and is fully aligned with our approach to responsible investment.”

 

Alina Osorio, President of Fiera Infrastructure, said: “Domus is a new social infrastructure platform focused on providing critical shelter and support to the most vulnerable members of the community. The investment addresses the social housing supply imbalance in the UK by providing quality accommodations in the areas most at need. We plan to grow our footprint through additional acquisitions, which have been identified and secured in areas experiencing housing supply shortages. We are pleased to have worked with Barings on this milestone financing and look forward to witnessing its significant and measurable social impact on the individuals and communities in which Domus operates.”

 

Gareth Taylor, Director at Excellion Capital, said: “We are delighted to support Domus Social Housing with its acquisition by working with Barings to provide funding of socially responsible and much needed supported housing across the UK. These properties give the unhoused and most vulnerable individuals in our society the accommodation and the specialist care they require.”

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How to sell your home in 2023: Ten top tips

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Energy price worries, double-digit inflation, strikes, war and a new government — there’s a lot going on right now, and it’s all beginning to sap the confidence of sellers and buyers.

The market is still robust, with Halifax this month reporting that house prices are 11.5 per cent higher than a year ago, and the typical home now costs a record £294,260. 

But some potential sellers aren’t convinced and believe it’s better to wait until spring to see if buyer confidence returns.

Holding off: The housing market remains robust, but some potential sellers aren't convinced, and believe it's better to wait until spring to see if buyer confidence returns

Holding off: The housing market remains robust, but some potential sellers aren’t convinced, and believe it’s better to wait until spring to see if buyer confidence returns

Of course, the cuts to stamp duty that Prime Minister Liz Truss and Chancellor Kwasi Kwarteng have announced may change a few minds.

But research by savings website VoucherCodes suggests that rising costs have forced 11 per cent of all potential buyers to delay by at least a year.

And a separate study by Nationwide Building Society says seven in ten would-be first-time buyers are putting their plans on ice for some months at least.

So if you’re looking to sell and prevent your home from languishing on the market for months on end, it may be best to spend the next six months getting into pole position for the market in 2023. 

Here are our ten top tips…

1. Take top-quality photos

Choose your estate agent now and make sure they take photographs of your home as soon as possible, while the weather is still relatively good. 

Then it will look its best regardless of when you decide to list it — and you can choose to start marketing at short notice if the conditions are right.

2. Help your buyer

‘Create a pack including everything you can to reassure buyers and cut delays,’ says Clare Coode, an agent with Stacks Property Search, a buying agency.

‘This should include, for example, a certificate for your wood burner, up-to-date electrical certificates, planning permissions, building regulation sign-offs, information about ownership of boundary walls and documents related to access and rights of way.’

3. Fix a mortgage deal

With interest rates rising, and likely to increase for another 18 months according to commentators, securing a competitive multi-year, fixed-rate mortgage in principle now makes sense. 

But many of these deals have to be acted upon within a few months, so ensure you’re in a position to buy before the deadline expires.

4. Boost energy efficiency

This is a key issue for buyers, even after Liz Truss introduced a financial package to ease the burden of increased energy costs.

‘Double glazing, improved insulation or a new boiler could be achieved in a few months, and would likely boost both the appeal and asking price of your home,’ says Location, Location, Location star Phil Spencer. 

‘There are also solar panels, but these won’t add enough value to recover their cost in the short term.’

5. Update the kitchen

Consumer group the HomeOwners Alliance says the kitchen is worth more per square foot than any other room in the house, so it’s worth making it look tip-top.

Spend autumn and winter refacing the cabinets and smartening up the walls and floor. 

But don’t fit a new kitchen — you won’t recover the cost if you sell soon and an installation hitch could derail plans.

6. Be competitive

Try not to pay too much attention to any one house price index, but look at the overall trend and be prepared to set a competitive asking price in the New Year.

Many estate agents say an asking price at the lower end of your expectations will encourage rival buyers to bid against each other — good news for any seller. 

And an overly ambitious price may see the home stuck on the market, especially during a cost of living crisis.

7. Try a neutral restyle

Declutter, of course — but do more than that. ‘If your interior is looking a little dated in style, then redecorate in line with current trends,’ says Alex Lyle, director of estate agency Antony Roberts, based in West London.

‘But try not to be too ‘out there’ as this may put off some potential buyers. Likewise, if carpets are looking a little tired, think about replacing them or switching to wooden flooring.’

8. Spruce up the garden

‘Assess how badly the garden suffered from the drought,’ says Josephine Ashby of John Bray Estates, an estate agent based in North Cornwall.

‘Something planted in the autumn should be thriving by spring. Outside space is important, so doing anything to spruce it up will be rewarded. 

Fresh gravel, a trellis to hide eyesores, dramatic pots and cleaned-up furniture with pretty cushions are all easy fixes.’

9. Remember the lights

‘Swap old halogen lights for LED fittings,’ says Emma Barkes of Stacks Property Search. ‘These use 80 per cent less energy to produce the same amount of light.

‘Make the change early so you can demonstrate lower winter bills and also to give you time to paint the ceilings, as the fittings will almost certainly be a different size.’

10. Finish old projects 

There’s no excuse for outstanding repairs if you have six months to deal with them, but remember that it can take longer than you think to get a tradesman in.

Maintenance firm HelpmeFix says it typically takes four weeks to get a bricklayer or roofer, and at least a week to get a plumber to do a routine boiler check.

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CBRE IM acquires two logistics assets in Madrid (ES)

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CBRE Investment Management has acquired two new logistics assets in Madrid, Spain, owned by DWS, with a total gross lettable area of 67,859m².

 

The first asset, located in Meco, was completed in Q2 2020 and offers 51,969m² of gross lettable space with a LEED Silver rating. The second, in Torrejon, was completed in Q4 2019 and provides 15,890m² of gross lettable space with a LEED Gold rating. Both properties are already leased under triple net leases to leading tenants including a German automotive component manufacturer, a national kitchen equipment distributor and an international sustainable energy company. They both also have EPC ratings of A.

 

Both assets boast excellent locations with easy access to the A-2 and R-2 highways, and good connection with the M-50, Madrid’s outermost ring road. A driving distance of just 30 minutes to Madrid’s city centre means the assets are well positioned to accommodate, amongst others, tenants with a last-mile approach. The assets have been delivered to high technical and environmental specifications, and also benefit from the increased penetration of e-commerce in Spain and the lack of grade A logistics properties in the area.

 

Antonio Roncero, Head of Transactions for Iberia at CBRE Investment Management, said: “This acquisition was a rare opportunity to secure an income-producing grade A logistics portfolio through an off-market process. The Madrid logistics sector is attractive due to the potential growth of occupier demand versus an acute shortage of supply. Despite current economic headwinds, well located, high-quality and sustainable assets such as these are well placed to take advantage of ongoing rental growth in the logistics sector.”

 

Manuel Ibanez, Head of Real Estate Iberia at DWS, pointed out: “In 2017 at DWS we bet on the logistics sector and structured a forward purchase agreement with ICC, which culminated in the purchase of the two newly developed warehouses in 2019 and 2020. Following the leasing of both assets, we decided to divest, closing the circle of this deal, which will be profitable for our investors and is part of DWS’s value add strategy. We will continue working to find investment opportunities in key locations and strategic sectors such as logistics, residential and offices, strengthening our presence in Spain”.

 

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