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Barton Wyatt provide luxury Property in Wentworth. Tel: 01344 843000
This is the blog for Barton Wyatt International premier golf property experts.
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Senior Partner of Barton Wyatt Estate Agents Surrey, Rupert Wyatt, keeps us up-to-date on how the property market in Virginia Water is performing today and what we can expect leading into 2010:
“The market on Wentworth has been stable through the last 6 months and demand for good quality houses in good quality locations has been consistent. Prices have taken a dip from the peak of late 2007 although it is difficult to gauge exactly by how much as the houses we are dealing with are generally unique and individual on the Wentworth Estate and there is still demand for family homes and lets in the Virginia Water area.
Looking forward I expect the market to return with some gusto in the Autumn, we’ve already seen a number of foreign purchasers coming to invest in the Surrey market largely because of the devaluation of the pound and the fall in property prices, the combination of which makes UK property look cheap.
As always we have a steady flow of young families migrating from London for the better quality of life, choice of schools and golf courses! Wentworth has always been a natural choice in Surrey for business people looking to leave London for the family but continue to work in the city taking advantage our vicinity to central London and Heathrow etc.
We are pleased to say that there’s no question we’re over the worst; the bottom of the market would appear to have been at the end of 2008, beginning of 2009. And as the market stabilises we may see a 10% price increase across 2010 and 2011.
We have a very healthy lettings market in the Virginia Water area largely because of the schools Tasis and ACS providing us with a lot of blue chip corporate lets, however, with some withdrawals from US companies, demand is slightly down which is reflected in the achievable rents being down by 15 – 20%. Once again quality and location rules the roost in property always letting first and avoiding voids.”
What is it that makes these some of the most desirable properties on the market?
Despite the fact that we are now amidst the feared recession, there still remains high-end properties on the market which are shining bright as property prospects. With a significant proportion of properties around the £1 million plus mark still selling even during the credit crunch, especially in sought-after locations, it is those with added unusual extras that are truly placing themselves ahead of the game.
From the functional to the fantastic, high-end properties with added wow-factors are on the market and interest is looking hot. Quite apart from the traditional swimming pools and tennis courts of old, it is now the more unusual features that are catching the shrewd buyer’s eye – and it is the current owners selling them who are prospering. Oliver Clarke, Sales Manager of award-winning Surrey estate agency Barton Wyatt, says that for them it is those properties that offer something extra that are selling fastest,
“We have found that, although the credit crunch has taken hold, high end properties are still selling and we have noticed a growing trend that the properties securing buyers the quickest are those that have added extras. With people working longer and longer hours, many more are looking for a property that is both a functional home but can also fulfil some of their leisure-time pursuits.”
Whether it is to indulge hobbies or to enjoy home entertainment, the fashion is for added extras to make your property really stand out. If entertaining is your thing and your priority is to use your home for socialising, there are a number of additional features that could help. You may like to consider a property with a wine store, such as York Gate in Ascot on the market at £1,500,000. Here, you will never run dry for both planned and those unexpected guests! Or you may wish to buy a home with an extended kitchen, large enough to host sizeable dinner parties should you choose and 8 Pinecote Drive, Sunningdale’s 40-foot kitchen is an example of a property with just that. Not only is it of enormous proportions but everything has been thought of – with a near-industrial sized oven and fridge, a microwave that both grills and roasts and a tap through which comes instant boiling water, making a kettle obsolete. Current owner Jane Bicker recognises the benefits of having such a large kitchen that she personally helped design,
“I entertain a lot... I am currently arranging a party for 160 with a marquee on the terrace but with this kitchen that just isn’t a problem... It is the most incredible kitchen I have ever had.” 8 Pinecote Drive is on the market for £1,550,000.
However, if entertaining isn’t for you and you are more keen on exercise and active pursuits – as a stress reliever, to improve your fitness or simply just to stay healthy – then perhaps a property with added fitness features is more for you. With expensive gyms, warm with the perfume of perspiration often a real turn-off, why not invest in a property with an at-home gymnasium. With the ability to select equipment that will best suit your needs but also the chance to choose a property with a room most suitable for exercise, a home with a good aspect is a firm choice. Barton Wyatt has a property on Gerrards Cross’ exclusive Top Park Estate for sale that perfectly fits the bill. Not only is the property set within large attractive gardens, but it backs onto the 300 acre Bulstrode Park to the rear and the top floor gym with wall mirrors takes full advantage of the stunning views. The property is available at £3,795,000.
If the great outdoors is more of a draw when it comes to exercising, Rutherwyck House can truly indulge your dreams of riding off into the sunset on a trusty steed. The property, located in Lyne and on the market for £1,395,000, boasts loose box stables with a hayloft above – and with the ability to convert the block into a habitable dwelling (subject to planning permission), this feature certainly adds extra value to the five bedroom house.
The added extras that a property offers can however be more subtle and according to Forbes’ latest report on ‘How the luxury consumer will spend in 2009’ the trend is more about ‘discerning consumption’, with consumers more aware of “craftsmanship than ever before, with the ability to discern between the cheap and not-so-cheap, looking for quality materials, handwork and on-trend styling”.
With the move therefore towards a more distinct choice, the added extras one looks for in a property are becoming more subtle – for example technology within the home that makes the owner’s life easier and more comfortable. Copperings House on the famous Wentworth Estate (£3,250,000), for example, not only reputably has a £100,000 Mowlem kitchen by specialist designers, but also has an inbuilt entertainment system that includes wiring by ‘High-End’ for in-house sound and a television in the kitchen that emerges from the wall via a remote control and angles towards the breakfast bar so that cornflakes can be eaten with morning television for easy company.
Taking the appeal of technology in the home further still, cinema rooms are becoming more and more popular, with a dedicated space to watch the latest blockbusters and avant garde cinematic classics. Falling just below the million pound mark at £995,000 but with impressive features that would suit even the most discerning buyer, Barton Wyatt has a property in St Ann’s Park, Virginia Water that not only has access to more traditional shared facilities of a swimming pool, hot tub and tennis court but also has a fifth bedroom on the top floor set up as a cinema room, complete with waterbed and projector and screen included in the sale – adding a whole new dimension to the unusual!
With such an array of exciting and unusual properties available, now is perhaps the time to act on Forbes’ notions and to be more discerning about what it is you want from your property, as Oliver Clarke concludes,
“With the credit crunch biting and negative feeling abounding, there is a sense in the market that now is an opportunity to choose a property that really does go that extra mile and offers something on top of what you would normally expect from a house. I think people are beginning to realise that it is these added touches that can really make the house of your dreams the home of your dreams.”
Whether you are green fingered, simply enjoy relaxing outdoors or have a particular passion for water, woods or more, there are homes on the market with gardens to suit you. Award winning Surrey estate agent, Barton Wyatt, presents their Spring 2009 garden collection.
For elegance, charm and that touch of history the formal walled garden is a stunning garden feature.
The walled garden has a large expanse of lawn, a gravel walkway and well stocked beds. In all the grounds of this property, Rutherwyck House in Lyne, are extensive amounting to 2.5 acres; contrasting with the walled garden there are large lawns surrounded by mature trees and hedges plus a stable block, tennis court and hayloft in the grounds. The house itself is a substantial 5 bedroom detached residence displaying original design features. The high-ceilinged, double aspect lounge takes in views of the main gardens for the owners to admire and enjoy. Rutherwyck House is for sale at £1,395,000.
For more modest accommodation without compromising on outside space this apartment in Sunningdale allows for the convenience of apartment living coupled with managed and maintained grounds.
On the market for £400,000 the Knole Wood apartment building is nestled in quiet, private grounds only a short drive from Sunningdale village. The 2 bedroom south facing apartment has an ample balcony to enjoy the landscaped gardens with mature trees, shrubs and borders and an immaculately mowed lawn. Owners are able to enjoy the perfectly pruned garden without having to lift a green finger themselves!
If sitting out and enjoying your garden is a must then this new home in Virginia Water has an extensive and well proportioned decking area for entertaining, al fresco dining and simply sitting out to enjoy the garden.
For this south-facing property in Callow Hill, Virginia Water, the expertly laid decking provides a practical and attractive space for enjoying the best of the British summer. With an acre of landscaped gardens to enjoy the decking is an extension to the new property itself and a perfect area for a lounger and BBQ. The 9,000 square foot new build detached property itself boasts 7 bedrooms with the master bedroom also having access to a balcony to further enjoy the green space. But don’t have any concerns about maintaining the garden, the property also offers a one-bedroom staff flat so you could indulge in a live-in gardener! The property lives up to its £3,800,000 price tag with the latest in modern comforts including programmable mood lighting, under-floor heating in all rooms and gated entry.
The final garden on display is a water lover’s dream; this converted Mill House dating back to 1483 is complete with the original mill pond.
This unique former Mill is said to be the oldest property in Virginia Water once belonging to Edward Moseley. Its character cottage-style architecture perfectly compliments its surroundings with the grounds extending beyond the pond into informal gardens and woodland. A further 11 acres of woodland is available (by separate negotiation). The interior of the property continues the ‘chocolate box’ style, it has been thoughtfully updated and includes a free standing Victorian bath in the master bedroom's en-suite bathroom and the quintessential Aga in the cottage kitchen. There are a total of 4 bedrooms and one of the guest bedrooms opens on to a private roof terrace with view over the gardens. For £2,000,000 this historic mill house could be yours.
Receive £10,000 of interior design vouchers when you reserve an apartment at The Cascades, Virginia Water, Surrey.
A good interior designer can blend functionality and innovation with beautiful and stylish design creating an appealing home and interior space to live and entertain in. Interior design goes beyond picking a pretty colour to paint the walls, it’s time to move over magnolia… all the features of the property need to compliment each other to achieve a successful look. This includes combining finishes, colour schemes, furniture, flooring, lighting, textiles, doors, artwork, surfaces, rugs and accessories all without cluttering a property therefore maximising space, and even in the most spacious of apartments this is essential.
The Cascades development in Virginia Water, Surrey has been designed and built to perfecting standards. The two bedroom apartments available are spacious and well planned with the added benefit of a balcony off the living room. The master bedroom boasts an en-suite shower room, there is a further bedroom, a second bathroom; the lounge/dining room is semi open plan to the kitchen and each property comes with a carport. Although finished by Charles Church with high specification fittings and fixtures, the properties are essentially a blank canvas on which individuals can put their personal, homely touch. And with the interior design voucher your ideal Surrey home can be achieved without lifting a finger!
This offer not only allows you to purchase your high quality and thoughtfully designed apartment by Charles Church, on reserving a property you receive £10,000 of interior design vouchers to be spent on your home. With this benefit of interior design expertise applied to your property you will help to maintain if not improve its value in today’s property market. So included in the price you are automatically adding value to your home before you’ve even stepped through the door.