close

Вход

Забыли?

вход по аккаунту

?

The Daily Telegraph Property - April 7, 2018

код для вставкиСкачать
***
Saturday 7 April 2018 . telegraph.co.uk
CONSUMER
I N S I D E TO DAY
The challenge
of finding an
accessible home
MARKETS
Get moving
The commuter hotspots on
London’s compass points
page 4
page 6
INTERNATIONAL
Meet the Britons
setting up quirky
businesses abroad
HERITAGE
What next for
Wentworth
Woodhouse?
page 9
Property
page 15
The ultimate super-rich holiday home
Elon Musk has stayed and Rihanna lives nearby. Liz Rowlinson takes a look inside the Cote d’Azur’s most expensive home on the open market
Saturday 7 April 2018 The Daily Telegraph
***
COVER STORY
I
YANB2F PHOTOGRAPHY
2
n the rarefied world of trophy homes with eight-digit
price tags, it’s hard to find
one that has soul. Developers, second-guessing the
aspirations of the global
super-rich, fill them with
bonkers
amenities
or
headline-grabbing features, such as
candy rooms worth hundreds of thousands, or walls made from jellyfish
aquariums. Others have so many acres
of hand-picked Italian marble they feel
like a hotel and are unsuited to family
living.
Alang Alang, the most expensive
house currently – and openly – for sale
on the Cote d’Azur is none of these
things. It may have an
eye-popping price tag
of €64 million (£56 million), and a view across
the Bay of Cannes to
match, yet it feels like
the family holiday home
that it is.
This is despite the
fact it is also rented out
for €320,000 a month
to paying guests that include Saudi royals, Russian billionaires, and
tech tycoons, including
Elon Musk, the founder
of Tesla.
One anonymous big
name in tech loved
Alang Alang so much he
hardly left the 17,200 sq
ft villa for a whole
month, cancelling excursions to the beach just 10 minutes
away and visits to all the other attractions in Europe’s most upmarket summer playground.
What makes this property so special? For a start it is not the area’s typical Palladian-style mansion, but a
contemporary Balinese-style home
with a series of pavilions cut into the
steep hillside of La Californie. It has
views sweeping from the old quarter of
Cannes via the world-famous Promenade de la Croisette, the focus of next
month’s film festival, to Palm Beach.
As you descend down the dozens of
stairs in the triple-height hallway, to be
greeted by the huge back-lit head of a
T-Rex, it feels instantly Zen-like. Passing along a pool full of Japanese koi
carp that links the two sections of the
home, you are seduced by the scent of
baking patisserie before you head into
the bar, library and lounge, all brimming with Bang & Olufsen tech.
It’s unusual for a €64 million property to have the kitchen as the hub, and
one where the cook gets to enjoy the
same stunning views as everyone else.
The adjoining dining terrace opens out
onto the swimming pool area, flanked
by cabanas and a wall of chillout rooms.
The owner, who has a young daughter, copied the pattern for the pool
from the One&Only hotel in Dubai,
with its shallow child-friendly section.
He took other aspects from the Amanpuri hotel in Thailand and the Hotel
Arts in Barcelona.
“I was also inspired by a villa called
Alang Alang in Barbados which I used
to walk past on the beach during family
holidays, although I never thought I
would end up myself in a house like
this. I have to pinch myself sometimes,”
HOMELY
Alang Alang,
which is on the
market for
€64 million with
Knight Frank
says the English businessman, who is
refreshingly candid yet wishes to remain anonymous. “What started off as
a plan to buy a smaller new holiday
home nearby escalated into a massive
project that took 12 years to build. It
was certainly a labour of love.”
The story is worth telling. Once an
infamous local eyesore covered in graffiti, the half-built house had been
mothballed for many years, part of the
frozen estate of Saudi Arabian billionaire Adnan Khashoggi.
“It was an iconic place for local kids
– just a concrete frame with the best
views in Cannes,” he says. “When I
walked in I could see why everyone
wanted to buy this house. So I did. Yet I
‘What started as a plan to
buy a smaller holiday
home escalated into a
12-year-long project’
struggled for years with structural engineers and contractors. Building on a
hillside is incredibly difficult, and
cost three times more than you
might think.”
This, and the amazing attention to
detail and quality of finish, helps explain the price tag, along with its privacy and views. There are eight
bedrooms, including an impressive
The Daily Telegraph Saturday 7 April 2018
3
***
HIGH LIFE
master with three terraces and its own
hot tub. There’s also a beautiful spa
area, wine-tasting room, cinema and
better-equipped gym than most hotels.
Guests especially love the boxing
ring and often bring their own personal trainers. “One Middle Eastern
guest, who moors a 300ft yacht in the
bay, rented it just for the boxing ring,
and flew in people from around the
world to have a Fight Club-style tournament,” he recalls.
The rich really are different, whether
they come to chill or party; the Foo
Fighters once performed to 200
guests by the
pool. The high security of the place
is a big part of the
appeal: “Middle
Eastern
royals
send their security teams ahead
to check out the
property yet realise our detail is
even better than
theirs,” says the
butler, who lives in the staff annexe. Security measures include Gurkha staff,
panic buttons and air filters (to prevent
people being gassed in their beds).
This level of security, along with the
addition of a mini-beach at the end of
the garden, means that it really does tick all the boxes of
ultra-high
net
worth
individuals (those with assets more than $30 million),
says Justin Garrison of Riviera Luxury Rentals.
“It’s half an hour from
Nice airport and Monaco,
with privacy, yacht-level
service, the ideal layout and
of course that view.” The
pop star Rihanna reportedly
bought a house in nearby
Mougins late last year.
So why is Alang
LUXURIOUS Alang for sale
now? The French
LIVING
market has been
The family-style
speeding up since
kitchen at Alang
President Macron
Alang, and the
lifted confidence
huge chandelier
and the time is
ripe, says Edward
de Mallet Morgan of the agent Knight
Frank, at the MIPIM property conference down on the Croisette. “Triple
AAA location properties will go first,
and this villa sets the benchmark for
Cannes,” he says. “2017 was a recordbreaking year for property sales and
this season has got busy very early.”
With its various film, television,
advertising and yachting expos providing a huge demand for rentals, Cannes
is also the standout
investment
location on the Cote d’Azur if
owners want to cover their
(substantial) running costs.
But what else should be
on your list if you have
€64 million
to
spend?
Among the 10 properties
openly for sale at
that level in the
area, there’s Château Soligny, a
nine-bedroom
neo-gothic property, also in the
sought-after
La
Californie area, at
€55 million (also
for sale through
Knight
Frank).
Full of ebony and
mother of pearl,
and offering separate his and hers
master bedrooms,
it is perfect for the Middle Eastern market, suggests de Mallet Morgan. There’s
also the most expensive penthouse in
Cannes currently being built (€26 million, at First Croisette) opposite the
steps of the Palais des Festivals.
‘I recently had a client
with €180 million to
spend, but I couldn’t
find the right property’
With the number of ultra-wealthy
people in the world increasing year by
year – the number went up 10 per cent
in 2017 according to Knight Frank’s latest Wealth Report – there aren’t always
the right houses, however much
money you might have.
“I recently had a European buyer
with €180 million to spend on the Cote
d’Azur but I couldn’t find the right
property,” says Penny Mosgrove of luxury agent Quintessentially Estates. Security is the priority for such buyers, as
well as privacy.
Mosgrove’s clients are mostly Swiss,
Scandinavian or British, although the
seriously big buyers are from the US
tech industry, she says.
“They want the South of France, but
are also looking at Majorca and Ibiza,”
she adds. “The Cote d’Azur still has
more to suit the people with really big
budgets.” They might do well to check
out Alang Alang before its owner
changes his mind and decides he’s not
ready to sell.
THE
W E E K LY
RO U N D U P
Selected snippets from the world of property
Grab: some homes are riskier
THREE-BEDROOM HOMES
FACE MORE BURGLARIES
Research by Churchill Home
Insurance has found that
almost half of burglaries are of
three-bedroom homes.
The property type most at
risk of crime is semidetached, while end-ofterrace homes make up 28 per
cent of break-ins, despite the
fact there are fewer of them.
Churchill’s research also
found that living in a
ground-floor flat means you
are twice as likely to be
burgled than someone on
the first floor.
There were 470 recorded
burglaries every day across
the UK in the past financial
year, a total of 171,527, which
was two per cent higher than
the previous year
FOR
O S
SALE:: T
THE HOME
CLAS
OF A CLASSICAL
GR
MUSIC GREAT
The home of
o one of the
grea
world’s greatest
ever
con
conductors,
t late Sir
the
N
Neville
Marriner,
is now
for sale.
Originally
violin
a violinist,
he later
led the worldfamou Academy
famous
M
of St Martin
in the
Fields chamber
orche
orchestra.
The home, near
Axminster in Devon, is Grade
II listed and dates back to the
16th century. It is surrounded
by 30 acres of land, and has
three bedrooms.
There is also a twobedroom cottage in a
converted pig sty.
The house has a billiards
room, and outside there is an
orchard and a lake. It is on the
market for £1.55 million with
Jackson-Stops.
THE BEST RURAL PLACE
TO LIVE IN BRITAIN IS…
The Orkney Islands. That is
according to research by
Halifax, which took into
account employment,
education, environmental
factors such as the amount of
sun, and social issues such as
Rural idyll: the Orkney Islands
well-being, to work out
where the best quality of life
is in the country.
It is the second year in a
row that the Orkneys took
first place, and they were
followed by Rutland in the
East Midlands.
High on the list were
Wychavon in the West
Midlands, and Winchester and
Waverley, which are both in
the South East.
It also found that the
nation’s happiest rural
dwellers live in Craven, North
Yorkshire, while the healthiest
countryside areas are South
Cambridgeshire and
Aberdeenshire.
GETTY IMAGES
Theoule Sur Mer
Chateau, left,
price on
application with
Home Hunts;
Soligny, below,
€55 million with
Knight Frank
Saturday 7 April 2018 The Daily Telegraph
***
MARKETS
Explore London’s
compass points
Zoe Dare Hall searches
for the best value
commuter hotspots
beyond the capital
T
GETTY IMAGES; JULIAN MCDONALD
4
he life of a commuter
is one of compromise.
Take the example of
Oxford: it’s a lively,
cosmopolitan city, a
seat of great learning,
and has one of the
fastest-growing economies in the country. The average
house price there, within 1.2 miles of its
mainline station, is a huge £741,700
and you can be in London Paddington
in 55 minutes.
Zip just 21 miles up the M40 to Banbury, the market town that sits on the
edge of the Cotswolds, and you will pay
less than a third of Oxford’s total for the
average home near its station. All the
while spending only three extra minutes getting to London.
The commute from Banbury is a bit
pricier: your annual season ticket, including a London travelcard for zones
one to six, will cost £6,632 compared
with £5,932 from Oxford. But you
would have to buy a few lifetimes’
worth of train tickets to make up that
difference in house price.
“Banbury gets the benefits of
Oxford without having to pay for it,”
says Nick Rudge of Savills, who adds
that now the commute comes in at under an hour, lots of Londoners are sniffing around property in Banbury or
nearby villages such as Sibford Gower,
Shenington and Eydon.
“Banbury is equidistant from Birmingham and London, and is much
more accessible than Oxford. Buyers
can’t believe the affordability compared with Oxford, yet within a similar
travel time to London,” he says.
The Oxford-Banbury scenario is
typical of the disparity in prices that
exists between commuting towns in
the same region, says Frances Clacy, a
research analyst at Savills. She has
found the 10 best-value and most
expensive commutable areas to live
around London’s compass points.
The findings are based on three
factors: the cost of an annual season
ticket with a London travelcard; the
average house prices within 1.2 miles of
the nearest station with direct trains to
London; and the average deposit
required for a mortgage with 75 per
cent loan to value.
“Rather than looking at local house
prices or season ticket costs, I thought
it would give a more tangible gauge of
There is almost always a
catch: the better value
home may come with a
longer commute
real life spending to take the total
monthly cost,” she says.
In her research, Clacy has also factored in travel time, with commutes
ranging from 19 minutes (St Albans,
one of the more expensive stations in
the northern compass point zone) to
89 minutes (Polegate in East Sussex,
where your monthly mortgage and
travel costs will be around a quarter of
those near the same region’s most expensive station, Oxshott in Surrey).
Savills found that, on average, commuters will pay up to five times more to
live near the most expensive station in
each region, compared with the best
value area. It’s the cost of wanting to
live in the traditional wealth corridors,
compared with nearby towns that are
similarly commutable but fly under the
radar. But there is almost always a
catch: that more affordable home may
come with a longer commute or a
higher-priced season ticket.
The best-value commuter region
overall is east/south-east London, taking in Essex and Kent. Even if you live
near its most expensive
commuter station, Sevenoaks, your monthly mortgage and travel outgoings
will be less than half of what
you would pay to live near
Oxshott – the priciest station
in the south/south-west
commuter belt. It will also
be significantly less than if
you live in Gerrards Cross or
Radlett, the most expensive
stations in the west/northwest and north/north-east.
The overlooked bestvalue gems to the east and
south-east of London are
perfect for those who work
in the City, as you can commute to Liverpool Street and
walk to work. Clacy pinpoints Southend-on-Sea as
one of those unsung commuter spots.
“It hasn’t always had the best reputation, but it has some attractive terraces
and there’s the airport for ease of getting abroad,” she adds.
Stephen White, head of Savills
Chelmsford, adds that in the town’s
smartest districts of Thorpe Bay and
Leigh-on-Sea, you can pay up to
£800,000 for seafront apartments and
£1.5 million for a Thirties house
“It has all the housing types you
could want within a few miles of the
station and a fantastic train line. It’s not
all about beachfront arcades,” says
White.
Here’s a look at some of the commutable surprises on each side of London.
WEST/NORTH-WEST OF LONDON
T
he M4
corridor
is much
sought
after among
wealthy west
Londoners who
fancy a country
life. Newbury,
Reading and
Maidenhead, in
Berkshire, are
great value for
money, says
Philip Harvey,
senior partner at
Property Vision,
a buying agency.
“It will be much
easier to
commute from
here after the
arrival of
Crossrail, which
will bring a
wealth of
opportunities
for new buyers.”
He adds that
the gap in prices
between the
capital and rural
commuter belt
is closing,
particularly for
those in-demand
areas within an
80-minute
journey door-todoor.
Based on
Savills’ figures,
Bletchley, in
Buckinghamshire, comes out
as a good-value
area compared
with the small
market town of
Tring, in
Hertfordshire.
While both have
similar railcard
costs and travel
time, property in
Tring is, on
average, triple
the price of that
in Bletchley,
home to Second
World War
codebreakers.
It also sits
within the
Government’s
planned “brain
belt” with lots of
employment
opportunities.
Haart is selling
this fivebedroom house
in the town,
below, for
£425,000.
SOUTH/SOUTH-WEST OF LONDON
S
outhampton
tops the
list of the
best-value
commuter
hotspots in this
region. The
average house
price is £206,838
but the trade-off
is a 76-minute
commute into
London. “We’re
seeing buyers
who are more
established in
their careers and
can commute
into London a
couple of times a
week,” says Alice
Church of
Savills. “They are
drawn to the
south coast for
sailing and to be
close to the New
Forest and the
Isle of Wight.”
Commuters
gravitate to
either the
modern marinafront
development,
Ocean Village,
with homes from
£450,000 for
two bedrooms,
or the city centre,
“where stock is
more limited,”
she says.
The new
Chapel Riverside
development,
pictured right,
near Ocean
Village, is on a
bus route to the
station and is
proving popular
with first-time
buyers.
Andover, in
Hampshire, also
emerges as one
of the best-value
stations in the
southern
commuter belt.
Monthly costs
– of mortgage
and travel – are
around half of
those in nearby
Bentley,
(£2,590), one of
the region’s most
expensive
stations, yet it
takes only nine
extra minutes to
get to London.
The Daily Telegraph Saturday 7 April 2018
S
CITY LIMITS
Commute to
London Bridge
from towns to the
south-east of the
city such as
Sevenoaks
***
NORTH/NORTH-EAST OF LONDON
H
ouse
prices in
the
affluent
Hertfordshire
town of Radlett
are nearly 10
times higher
than those in the
region’s cheapest
areas, near the
stations of
Wellingborough,
Northamptonshire, and
Grantham,
Lincolnshire.
But it’s the price
that the wealthy
will pay for a
22-minute
commute,
compared with
51 and 71 minutes
from the other
two, respectively.
Buyers priced
out of London
can find pockets
of value within
good travel
THE STICKS A barn in Kensworth, £775,000 with Savills
times of the
capital in this
sector of the
compass. Luton,
in Bedfordshire,
may not rival
Radlett or
Harpenden, but
has a commute
that’s under 30
minutes, and it’s
a good bet for
second-steppers
looking for more
room. Rural
beauty beckons
in nearby
Kensworth
where a
beautiful
four-bedroom
barn conversion
6.5 miles from
the station is on
the market for
£775,000
through Savills.
In Kent, the
first port of call
for many London
buyers is pricey
Sevenoaks,
where the
average house
price within a
mile or so of the
station is
£662,000. But
going to
Hildenborough,
five miles south,
knocks £130,000
off values near
its village station,
and shaves £400
a year off season
ticket costs – all
for an extra six
minutes of
commuting time.
“Kent remains
very popular for
those moving out
from the capital,
primarily due to
the excellent
selection of
schools in both
the state and
private sectors,”
says Linda
Wesson, of
Hamptons
International.
“Sevenoaks is
still the hotspot
in terms of
pricing, but
better value for
money can be
found in
Tunbridge Wells.
“In the middle
and east of the
county towards
Maidstone and
Ashford, prices
are even better
because the
travel time to
London is longer.
We’re finding
now that town
locations are
more sought
after than
villages.”
EAST/SOUTH-EAST OF LONDON
E
ssex’s
hotspot,
where its
two lines
out of London
converge, is
Shenfield. As a
result of this
connectivity, it’s
the region’s
second most
expensive station
in Savills
research, after
Sevenoaks. It
will also be the
last stop on
Crossrail, which
is due to open
later this year.
The annual
cost of travel, at
£4,232,
compares
favourably with
other Essex and
Kent stations,
but a relatively
high average
property price of
£581,899 means
that average
monthly
outgoings are
£2,287.
“Shenfield is a
‘turn up and get
on’ commuter
hub where you
never need to
look at your
watch to catch a
train into
London,” says
Stephen White of
Savills. “And it’s
all within
walking or
cycling distance
of the station.”
House prices
are cheaper, at
£521,305, in
nearby
Ingatestone, a
pretty, affluent
commuter
village. Or
there’s Hatfield
Peverel, beyond
IN LINE A house in Ingatestone, £1.975 million with Savills
Chelmsford on
the line out of
Liverpool Street.
It’s a 45-minute
commute, which
breaks the
half-hour barrier
that drives
property
premiums, so
there’s a
dramatic
difference in
house prices. A
three-bedroom
semi-detached
house costs
about £500,000
in Hatfield
Peverel, while 10
minutes’ drive
away in
Chelmsford, it is
£650,000.
5
6
Saturday 7 April 2018 The Daily Telegraph
***
CONSUMER
The challenge of
finding a home
Finding an accessible property is hard work – particularly as
developers rarely promote them, reports Liz Rowlinson
S
ix months pregnant with
her first child, Jordanne
Whiley and her partner
Marc McCarroll were
looking to move into a
large family home. It
would need to have five
double bedrooms, a
downstairs loo in a spacious hallway,
wide doorways and be an easy home
to maintain. The Fifties houses nearby
in Uxbridge didn’t fit the bill, but pretty
soon they came across Abbotts
Meadow, a David Wilson Homes
development
in
Steventon,
Oxfordshire. They moved into their
“perfect forever home” with a couple
of months to spare before their son
Jackson arrived nine weeks ago.
The ease with which they completed
Only seven per
cent of housing is
deemed suitable
for the 1.8 million
disabled people
on their home might not be especially
noteworthy had the couple been nondisabled buyers, yet both are wheelchair users.
Not only is there a shortage of such
housing stock – only seven per cent of
UK housing is deemed suitable for the
1.8 million disabled people needing
wheelchair-accessible homes, according to Habinteg Housing Association –
but developers don’t promote the fact
that they provide accessible homes.
David Wilson Homes admits it
doesn’t, either. However, it is very
happy to do additional work on properties. Whiley, 25, a 10-time Grand Slam
tennis champion and double Paralympic bronze medallist, says: “The sales
office was really helpful in
understanding what modifi- GOOD MOVE
cations we needed. The light Jordanne
switches and power sockets Whiley and
were already accessibly posi- Marc McCarroll,
tioned, but we had a stairlift main; Andrew
fitted and a ramp built up to Brown, above; a
the back door, and there is wetroom, below
plenty of room to have friends
and family around who are
also in wheelchairs.”
Having grown up with a Paralympian
bronze-medallist
father,
from whom she inherited her osteogenesis imperfecta (brittle bone condition), Whiley, who was awarded an
MBE in 2015, has always lived in
adapted homes.
She and McCarroll (at 32, a recently
retired tennis champion who now
coaches Whiley) then lived in a
modified bungalow unsuitable for
young children. After Whiley won the
wheelchair doubles title at last summer’s Wimbledon – while 11 weeks
pregnant – they began to plan a move.
“Many of the new-build homes we
looked at were accessible for wheelchairs, because building regulations
insist on doorways being a certain
width and hallways being wide enough
to turn around in, as well as having a
downstairs bathroom,” says Whiley,
who hopes to qualify for the Paralympic Games in Tokyo in 2020
after completing her maternity leave.
Accessible homes underpin the inclusion of wheelchair users in both their
community and the economy, according to Habinteg.
It has been campaigning for
the Government, local councils and property developers
to increase their availability.
Its #ForAccessibleHomes
campaign highlights the
long-term benefits of independent living for wheel-
‘One of the
biggest problems
is managing to
connect disabled
home-hunters
with accessible
homes’
FOR SALE
Cool homes, accessible for all
WHITE CITY
LONDON
In this newly regenerated
area of west London is a
St James development
where 10 per cent of the
apartments are wheelchair
accessible. There is a
swimming pool and it is
convenient for Westfield.
Guide Price: from £650,000
Agent: St James (020 3883 6129;
berkeleygroup.co.uk)
DEPTFORD
LONDON
In trendy Deptford
Foundry, south-east
London, 32 of the 316
home will be fully adapted
or adaptable for
wheelchair users. It has
been built by developer
Anthology.
Guide Price: from £365,000
Agent: Knight Frank
(020 7718 5202; knightfrank.com)
AIGBURTH
LIVERPOOL
All of the properties at
Aigburth Grange, an Elan
Homes development in
south Liverpool, are being
built to the Lifetime
Homes Standard. There
are two, three and fourbedroom homes.
Guide Price: from £204,995
Agent: Elan Homes (0856 250
8677; elan-homes.co.uk)
chair users to society, including saving
the taxpayer the cost of future adaptations, reducing the risk of accidents
around the home and the need for
more costly supported housing or care
facilities.
But what does “accessible” mean?
Since 1994, when the Government introduced the Lifetime Homes Standard, new properties must incorporate
16 design criteria (now called Part M
building regulations) including the
features mentioned by Whiley.
Some local authorities are more assertive in providing accessible homes
than others, reports Christina McGill of
Habinteg. “In London, 10 per cent of
new homes have to be wheelchair
standard, so-called Category 3, with
kitchens and bathrooms especially
fitted to suit.” Brighton is another area
moving in a similar direction.
Waltham Forest, in north-east London, has even added a condition that
builders need to actively market their
homes as being accessible, but in the
private
sector
there’s generally a
lack of awareness
of what’s available.
Habinteg provides a register of
accessible houses
available to rent,
but those wishing
to buy a property
might find that
estate agents misunderstand their
needs. “A bungalow might seem
like a suitable
home, yet have
four steps up to
the front door,”
she adds.
This is echoed
by Franki ChaffinEdwards of The
House
Shop,
whose Accessible
Property Register
helps to match
homes with buyers. “One of the
biggest problems
is managing to effectively connect
disabled
homehunters with accessible homes.
Most estate agents simply don’t know
how to market adapted homes, and instead advise sellers to rip out accessible
improvements so the property appeals
to the broadest possible market,” she
says.
“A secret shopper experiment we
conducted on new homes demonstrated a real lack of knowledge among
sales teams about accessible units.”
Andrew Brown, a former CNN reporter who divides his time between
Bangkok and London, found it a somewhat gruelling process having his new
two-bedroom flat at Distillery Wharf in
St George’s Fulham Reach development in Hammersmith suitably
adapted. He paid £830,000 for the
property in 2013, following a medical
accident that left him a quadriplegic.
“Older residential buildings are
no-go zones for wheelchair users so I
settled on Fulham Reach, as I was told
the flat could be adapted. We agreed a
list of changes so I could reach sinks,
worktops and sockets and use the bathroom,” he says. “It took a long while to
get these right, and in the
end I enlisted the help of
Vanessa Reeves at The Property Service, a one-stop for
interior design and property
management.
“After 10 weeks of her lobbying to correct the problems, I could finally move
into my flat, reach the socket
to plug in the kettle and
cruise from one room to
another in my wheelchair.
I am happy to say that
St George now bends over
backwards to help me.”
The Daily Telegraph Saturday 7 April 2018
***
INTERNATIONAL
WATERSIDE
The Nyhavn
canal, main; a
three-bedroom
flat with views
of Skovshoved
harbour,
£660,000 with
RealMæglerne
Hygge and laid-back
living make the Danish
capital a big draw,
says Anna Tyzack
C
openhagen’s skies can
be grey and dismal,
rather like London.
But the Danes don’t
waste time worrying
about the weather.
When Ali Walker and
her family moved
there from the UK in 2012, they were
immediately thrown into a more active
and outdoorsy way of living.
“It was a particularly hard winter
but every morning I’d be cycling the
kids through the snow; a cargo bike
was part of the relocation package,”
says Walker.
She admits she was nervous
about the move and whether
the children, Josie, 11,
Rosalind, nine, and Isaac,
seven, would settle in at
their new school. But
they all quickly adjusted:
“Everyone was friendly
and we got 100 per
cent sucked in to
the lifestyle,” adds
Walker.
“It’s
more relaxed
BIG MOVE
The Walker
family, who
moved to
Copenhagen
here, and the
children have so
much more freedom.”
The wholesome
Scandinavian lifestyle is luring a
growing number
of British families
and young professionals to Copenhagen. Research
by the relocations
company MoveHub.com shows
a 580 per cent
increase in people relocating to the
Danish capital in 2017, drawn perhaps
by popular images of hygge, the cosiness trend that took off a few years ago.
Those who already live in Copenhagen, however, insist that it is a rather
different concept to the roaring fires,
sheepskin rugs and minimalist furniture portrayed in the British
media.
This misses the point,
says Kate Rayden, who
moved to Copenhagen
last year
GETTY IMAGES/EYEEM; CHRIS CALDICOTT
Families feel
the lure of
colourful
Copenhagen
to study political science at Copenhagen University, and works part-time as
a copywriter.
“It seems forced and commercialised in the UK, whereas here it is more
of a state of mind,” she says. “It’s about
creating a cosy atmosphere and enjoying good company. It’s not so much
about physical stuff.”
People are more laid-back in
Copenhagen, she adds. They cycle to
work, taking time to enjoy their
surroundings. The city is clean with
plenty of parks and trails along
the coastline.
The Walkers live in the
suburb of Gentofte, 20
minutes from the city
centre, where there are
large villas surrounded
by their own gardens.
Also popular with families are the suburbs
of
Charlottenlund
and Hellerup, which
has a renowned international school,
and the super chic
Østerbro, which is
within
walking
distance of the centre. Young professionals, meanwhile,
tend to live in districts such as onceseedy
Vesterbro,
with its hipster coffee shops, a vibrant
nightlife and the famous Mother pizzeria. They also flock
to the even edgier
Nørrebro, with its art galleries, basement bars and weekend markets.
Walker’s husband Ed is a lawyer, but
unlike in the UK, his working day
ends at 4pm, which means that the
Walkers are able to spend more time
together as a family.
They also enjoy wonderful holidays:
trips to islands off the coast and skiing
each winter in Norway. On their first
summer in Copenhagen, they followed
the lead of their new Danish friends
and drove down into Europe for three
weeks. “When we returned my husband’s boss urged him to take four
weeks next time,” Walker says. “Everything shuts down here in July so they
want you to take a long holiday then.”
Nordic
culture
washes off
on you;
once
you’ve
embraced
it there is
no going
back
Walker was also surprised to find
that childcare is much cheaper in
Denmark. “I could afford to send my
little one to kindergarten, which gave
me more time to myself,” she says. “I
joined a running club and Crossfit,
which would never have happened
in Britain.”
Living in Copenhagen is not cheaper
than in Britain. Eating out is expensive
and taxes are high – the average Danish
citizen pays around 40 per cent personal income tax. “But wages are
higher,” Rayden argues. “And education and healthcare are free, plus public transport is heavily subsidised.”
When it comes to accommodation,
however, you get more space for your
money than in London. According to
estate agent Mads Bruun of RealMæglerne, a large two-bedroom flat with a
balcony in Vesterbro will cost around
£1,200 per month to rent and
£300,000 to buy. Meanwhile, a fourbedroom house with a garden in
Hellerup costs from £4,000 per month
to rent and from £700,000 up to
£4 million to buy.
Bruun finds that around half of his
clients relocating to
the city for two years
or more decide to
buy rather than rent.
The city also offers
co-operative housing schemes, a cross
between
renting
and home ownership, where you buy
a property and pay a
monthly fee to a
residents’ association. Spacious co-op
apartments
are
available
from
£250,000.
Neither Walker
nor Rayden are
tempted by the idea
of moving back to
the UK. “It would feel like going back
to normal – this way of life is so much
more fun,” Walker says.
Nordic culture washes off on you,
says Rayden; once you’ve embraced it
there is no looking back. “I definitely
wear more black than I used to; Danes
have really mastered the laid-back yet
stylish balance.”
The Danish have a reputation for being reserved, but Walker has found the
reverse to be true. There is one thing,
though, that all Britons moving to Copenhagen should bear in mind: “There
isn’t a word for please in Danish, so
they don’t use it very often in English,”
she explains. “For Britons this might
seem rude, but you soon get used to it.”
7
8
***
Saturday 7 April 2018 The Daily Telegraph
The Daily Telegraph Saturday 7 April 2018
***
9
ALAMY; PA; PAUL COOPER; MARK PARTNER; HEATHCLIFF O’MALLEY
HERITAGE
FEUD FOR
THOUGHT
Wentworth
Woodhouse was
built during a
family rivalry
The revival starts for
Wentworth Woodhouse
With an inflating
budget and some
Government cash, what
next for the hidden gem?
By Eleanor Doughty
I
want to create confidence in the area.
It’s about time South Yorkshire stuck a
flag in the air and said ‘come and see
us’.”
Wentworth Woodhouse was built as
the result of a family feud. In 1695, William Wentworth, 2nd Earl of Strafford,
left the Wentworth estate to his
nephew Thomas Watson, and his titles
to his natural descendant Thomas
Wentworth. The two men set about
trying to outdo one another: Thomas
Wentworth built Wentworth Castle,
seven miles away, while Thomas Watson constructed the two houses that
now make up Wentworth Woodhouse.
The first, a Baroque-style mansion,
faces west; the grander Palladian “extension” faces east.
The 20th century was not kind to
Wentworth Woodhouse. On December
31 1931, the Fitzwilliams, who then
owned the house, held a fabulous party
for 40,000 guests. A world war later,
this lavish lifestyle came to an abrupt
end, when in April 1946, heavy plant
t has been a year since
Wentworth Woodhouse
got a new owner, and already there have been hiccups. Last month, it was
revealed that the cost of
restoring this extraordinary building near Rotherham, South Yorkshire, could be as
much as £200 million – a 376 per cent
increase from the previous estimate of
£42 million.
But the chief executive of its preservation trust, Sarah
McLeod,
isn’t
scared – in fact,
she’s excited by
the challenge to
come. “I count my
blessings that I
have been given
the opportunity to
be chief executive
of the biggest
stately home in
the country, and it
is a blank canvas,”
she says.
This is truly the
blankest of canvases. After years
of neglect, the
roof is falling in,
FINE ART
there’s asbestos in the cellar,
East front of the
and dry rot is threatening to eat
house by
the 300-year-old house alive if
R Blasson
McLeod’s team doesn’t get
(1790), above;
cracking. Fixing the latter two
old graffiti, right
mammoth tasks will cost
£250,000.
The plans are ambitious: to open the
main interiors – about 15 state rooms –
and gardens, to the public, use the
north wing for catering and events,
turn the stables into flexible workspaces, and the south wing into homes.
But this is not just about the restoration
of a country pile. “Rotherham has had a
tough time of late, and there is a total
lack of civic pride,” McLeod says. “We
The to-do
list is vast:
evicting
the bats
from the
stables and
making the
cellars safe
machinery rolled up to the house ready
to turn the grounds into the largest
open cast mine in Britain. Labour minister Manny Shinwell gave instructions
that the mining should take place right
up to the “bloody front door”. Inside,
Peter Fitzwilliam stood at a window
and watched the horror unfold.
Two years later, Fitzwilliam died in a
freak accident, and two further generations of the family struggled to keep
the house in good order. Since 1989,
Wentworth Woodhouse has been sold
three times, most recently to the preservation trust for £7 million. In November 2016, Chancellor Philip Hammond
promised £7.6 million towards its restoration. The to-do list is vast – evicting
the bats from the stables, clearing the
drains, and making the cellars safe –
but McLeod warns that her initial priorities might not fit with public
approval. “We’ve got to raise substantial amounts of money to
carry out the work, so it
makes sense that we should
prioritise the parts of the site
that generate the most income first.”
It is unlikely that the
house will be restored first,
but instead it will be the camellia house and the stables.
As the team have removed
the roof slates, to assess
which can be recycled, they
have discovered graffiti
drawn by estate workers
marking their territory, dating back to 1820.
Now, the public will be
able to add to this. As part of
its new fundraising cam-
‘We want
to create
confidence
in the area.
It’s about
time South
Yorkshire
stuck a flag
in the air
and said
“come and
see us”’
LEND A HAND
The chapel, top
left; the marble
saloon, above;
restoration work,
top
paign, launched yesterday, people can
write a message on a slate for £50,
which will then go on the new roof
above the state rooms.
McLeod is keen for the local community to join in, “so they can say what the
house means to them”.
There are many myths about Wentworth Woodhouse – not least that the
house has five miles of corridors: that,
says McLeod, is “simply nonsense”. Another rumour is that Wentworth has
365 rooms, one for each day of the year.
“What qualifies as a room? There are
cupboards bigger than the ground
floor of my house.” At one time, 1,000
staff were employed to work in the
house and on the estate. “There were
two people who just lit the candles,”
McLeod adds.
She doesn’t mind if people describe
Wentworth as the “most famous house
you’ve never heard of ”.
“We need to use it to our advantage,”
she says. “It’s a great opportunity – it’s
somewhere that people have never
heard of, and never seen. That’s one of
its great mysteries.”
THE OTHER STATELY HOMES BEING RESTORED
DOUGHTY
HOUSE,
LONDON
A huge, neglected
mansion in
Richmond Hill,
which was
destroyed in the
Blitz, is being
restored by
developer K10
Group to sell it off
for £100 million.
CLANDON
PARK,
GUILDFORD
The National Trust
aims to restore the
Grade I listed
Palladian mansion
that was gutted in
a fire in 2015. The
project will add
courtyard spaces
and will cost
around £30 million.
HOPWOOD
HALL,
ROCHDALE
The house, which
once hosted Lord
Byron, attracted
the interest of
Hopwood DePree,
a filmmaker from
Hollywood, who
came over with the
aim of restoring his
ancestral home.
GET IN
TOUCH
To become
involved with
the campaign to
save Wentworth
Woodhouse,
visit wentworth
woodhouse.
co.uk or call
01226 351161
10
Saturday 7 April 2018 The Daily Telegraph
***
HOTSPOTS
LONDON
KENSINGTON
PRICE: £12.95 MILLION
ECCENTRIC
INTERIORS
With a shocking pink
colour palette, domed
ceilings and chandeliers
in abundance, this sixbedroom duplex apartment
is no shrinking violet.
It looks out over a private
garden, and many of the
bedrooms on the lower
ground floor open out on to
a patio. It is in a grand
development near Holland
Park and has access to a
swimming pool.
Kaleidoscopic colour palettes, disco balls and suits of armour
abound in these loud properties, says Lauren Davidson
Agent: Knight Frank (020 7938
4311; knightfrank.com)
KENT
SANDWICH
PRICE: £4.5 MILLION
One of Kent’s best-known
private estates, Ringleton
Manor is home to the
world’s largest collection of
frog memorabilia.
It also has whole rooms
dedicated to its owner’s
collections of chess
boards, designer shoes and
teddy bears.
Described by its owner
as “the ultimate bachelor
pad”, the 20,000 sq ft house
LONDON
Agent: Strutt & Parker (01227
473707; struttandparker.com)
LONDON
SOUTH BANK
PRICE: £8.75 MILLION
Sputnik and the space race
are the influences behind
the design of this threebedroom lateral apartment.
Designed by 1508
London, the home is on the
36th floor of South Bank
Tower, which was
originally designed by Sir
Richard Seifert and built in
the Seventies.
Against a monochrome
also has a games room,
swimming pool, a Nordic
sauna, a Turkish bath and
a pub in the garden.
Mentioned in The
Domesday Book, the
six-bedroom Grade II listed
manor sits in 20 acres of
land. Most of the house
dates to the 17th century.
STREATHAM HILL
PRICE: £1 MILLION
backdrop, the flat has been
brightened with emerald
green and rose gold. The
pièce de résistance is a
10ft-long asymmetric
marble fireplace.
The building has a 20m
pool and roof garden.
Agent: South Bank Tower
(020 3267 1048;
southbanktower.com)
With sunny yellow, mint
green and hot fuchsia
walls, this house in south
London is playful and fun.
A purple carpet
complements the colours,
and in the kitchen there
are Moroccan-style
metal lamps and jazzy
mosaic tiles.
The house, which covers
1,671 sq ft, has three
bedrooms and a back
garden with a separate
office at the end of it. The
rooms are set out over two
floors with a balcony at the
rear, and it is handy for
Streatham’s amenities and
trains into central London.
Agent: Barnard Marcus
(020 8769 9393;
sequencehome.co.uk)
The Daily Telegraph Saturday 7 April 2018
***
ABERDEENSHIRE
GARDENSTOWN
PRICE: £235,000
Bringing a splash of colour
to the seaside, this
waterfront home has a pink
kitchen and walls papered
with dog portraits and old
Ordnance Survey maps.
The three-bedroom
house used to be a general
merchant’s store and then a
boat-building workshop.
It has a terrace on the sea
wall overlooking the Moray
Firth, and a back garden
and vegetable plot.
Agent: Strutt & Parker (01330
824888; struttandparker.com)
LONDON
BRISTOL
CHELSEA
PRICE: £14.75 MILLION
CLAPTON IN GORDANO
PRICE: £1.75 MILLION
Recently refurbished to a
high standard of design,
this 5,070 sq ft house was
originally built in the
early Twenties.
The five-floor home has
seven bedrooms and a roof
terrace as well as a back
garden. It is in the Carlyle
Conservation Area and was
designed by the architects
Elms and Jupp.
The kitchen has been
clad in busy marble with
underlit cupboards giving a
sleek appearance. Through
the house there is wood
cladding which gives it a
modern, textural finish.
Entrance halls rarely come
grander than this diamondshaped one, with a gallery
and a staircase flanked by
two suits of armour.
The ground floor of the
house has several reception
rooms, including an
825 sq ft drawing room
with a log-burner and a
large kitchen with an Aga.
There are six bedrooms on
the upper two floors.
The lower ground floor
of this 9,685 sq ft house has
been given over to an
indoor swimming pool,
games room, bar, snooker
room and garden room.
Agent: Knight Frank (020 7349
4300; knightfrank.com)
BEST OF THE BUNCH
Agent: Knight Frank (0117
317 1999; knightfrank.com)
LONDON
LONDON
NOTTING HILL
PRICE: £3.25 MILLION
From the classical
sculptures in the kitchen
to the portrait over the
bath, this three-bedroom
home is undoubtedly
unusual.
The house is arranged
over two floors, covering
1,716 sq ft in all.
On the ground floor, a
large reception room leads
into a sitting room and a
BRIXTON
PRICE: £799,995
kitchen/diner with French
doors opening on to
the garden.
The lower ground floor
houses the bedrooms, three
bathrooms, a wine cellar
and terraces to the front
and back.
Agent: Barnard Marcus
(020 7221 5455;
sequencehome.co.uk)
Pineapple-shaped light
fittings, brightly painted
walls and even a stuffed
unicorn head bring a splash
of the eccentric to the
newly launched show
home at Elm Park Gardens.
One of six town houses at
the Hambridge Homes
development, this property
has three floors. The living/
dining area and kitchen are
in the basement, while the
ground and first floors each
have two bedrooms.
The 1,370 sq ft house has
been styled to reflect the
local area of Brixton.
The buyer gets a year’s
free membership of the car
sharing service Zipcar.
Agent: Pedder (020 7738 6839;
elmparkgardens.info)
11
Saturday 7 April 2018 The Daily Telegraph
***
RETIREMENT
HOME LIFE
Carvoeiro, near
the Brooks’ villa
main;
Beechcroft’s
Maygate Place
left; Carol
and David
Noyce, below
Let Britain
become a
second home
Buying a retirement
property is becoming
more attractive for those
who like a bit of sun,
writes Jane Slade
W
hen you finally
retire, it’s time
to live the dream
and travel the
world. Spending
on tourism by
the over-50s has
grown
by
£10 billion a year since 2011, according
to Saga. The age group now accounts
for 58 per cent of travel expenditure in
the UK, compared with 49 per cent
seven years ago.
For some, that means their property
in the UK becomes a second home,
a bolt-hole at which to spend a
few months of the year in between exciting trips.
Retirement homes fit the bill: a place
to lock up and leave, giving the owner
peace of mind when off exploring the
world. Four years ago, Susan and David
Brooks moved in to Audley Binswood,
a retirement village in Leamington Spa.
They bought it to use as a second home,
spending most of the year at their villa
near Faro in Portugal.
“We wanted a bolt-hole in the UK,
and the apartment at Binswood ticked
all the boxes,” says David, 69, a former
dairy farmer. “It will be a lovely place
for us to retire to eventually.”
In Portugal they are an active part of
the lively expat community. They are
also financially better off there as they
benefit from non-habitual residency,
which means they don’t have to pay tax
on income for 10 years.
“We are investing in our future,”
adds David. “We think the £600 a
month service charges are a price
worth paying for our lifestyle.”
Another plus for such a bolt-hole is
that it adds another layer of safety if no
one is at home for some time. “Many of
our home buyers purchase a house or
apartment with a view to ‘locking up
and leaving’,” says Angela South,
Beechcroft’s sales and marketing director. “In fact, almost 10 per cent cite
easons for buying.
this as one of their reasons
velling, but many
Some just enjoy travelling,
y properties for a
have owned holiday
number of years or have family abroad.
ount of time these
“The average amount
uyers spend away
lock-up-and-leave buyers
me each trip is
from their main home
about 12 weeks.”
Many household insurance polimes that are left
cies do not cover homes
ime. “But at
vacant for a certain time.
velopment,
a Beechcroft development,
where the estate manager
erty regchecks on the property
nce reularly, the insurance
his is a
mains valid and this
ur cushuge benefit to our
tomers,” says South.
David and Carol Noyce
spend five months of the
a on a deyear at a friend’s villa
velopment with a shared
pool in Cyprus.
When they’re in the UK,
tirement
they live at Retirement
e Village
Villages’ Lime Tree
ps mainin Rugby, which helps
tain the homes and has security patrolling.
Over 50s
make up
58 per cent
of total
spending
on travel in
the UK
“When we were last away, a maintenance chap replaced the batteries in
our smoke alarms, which had been
bleeping,” says David, 78, who used to
fly for the RAF.
“In our previous home after two
weeks, the grass and weeds would be
overgrown – indicating that we were
away, which was a security risk.”
He and Carol, 75, chose the house
partly because it was within striking
distance of several airports, so they can
jet off easily. “Birmingham Airport is
25 minutes away, Luton one hour, East
Midlands 50 minutes and Gatwick two
hours,” he adds.
It may not be surprising to discover
that many retirees choose to move to a
retirement village near a cruise terminal; a report by the Centre for Economics and Business Research revealed
that older travellers are the mainstay of
the cruise market. They account for
the overwhelming majority of passengers, spending an estimated
£2.1 billion a year. This is expected to increase by 37 per
cent to £2.8 billion by 2020.
Gillian Webb, 83, is the
self-confessed cruise queen
of her retirement village,
Bishopstoke Park run by
Anchor. In her youth she
studied at the Royal
College of Art and is a
retired sculptor. She prefers
travelling to destinations
that have a rich cultural
heritage.
The village’s proximity to
Southampton was key in her
decision to move there. “Anchor makes it easy for me to
travel – they provide transportation to the port for me,” she
says. It puts on minibuses to
GETTY IMAGES; ANDREW FOX; ANDY CASEY
12
£995,000 + West Stour
Stourhomes aims to make a better way of
living. 4 beds + 4 bathrooms on spacious
JURXQGÀRRUZLWKKXJHYHUVDWLOHRSHQVSDFH
above. Lots of natural light, luxury kitchen,
low maintenance + 10 years guarantee.
Modern style, relaxed open-plan kitchen/diner and
ORXQJHURRPVXQGHUÀRRUKHDWLQJIUHHÀRZLQJ
VSDFHVZLWKPDJQL¿FHQWYLHZVRIWKH%ODFNPRUH
Vale. EPC ‘B’ full details on our website
www.stourhomes.co.uk
01747 640048 or 07815571016
Winners of the 2018
Dorset New Build Development
The Daily Telegraph Saturday 7 April 2018
transport residents to nearby Eastleigh, Winchester and Southampton
several times a week. Bishopstoke Park
has one-bedroom apartments for over65s from £345,000.
“People’s attitudes to retirement
communities have shifted from being
a move they need to make, to a positive lifestyle choice,” says Neil MacKichan of the retirement property
website Retiremove.
“The benefits of having a property
that’s taken care of enables you to
spend more time on holiday, at your
overseas property or on a cruise. It is
significant that developers are building
close to good transport links and airports.”
David Bridges, sales director for McCarthy & Stone, has seen a growth in
the number of retirees choosing a
property that they can live in part-time.
“One example is our Azaleas development in Compton Acres, where a
couple has bought an apartment as a
second home. They own a property in
Spain and spend six months of the year
travelling, having spent the past three
months in South Africa. This is something many more people are doing
across our developments.”
Some are so keen to free up money to
spend on travel that they would rather
rent a retirement property than buy.
Keith and Teresa Davy are in their
70s and have been renting a retirement
apartment in Homewest House in
Bournemouth through Girlings Retirement Rentals for the past year, having
previously owned a retirement flat
in Torquay.
The couple are keen travellers, and
previously lived in Australia and New
Zealand when they first retired. “One
***
P RO P E RT Y
OF THE
WEEK
People’s
attitudes to
retirement
homes
have
shifted
A four-floor home in the last mews
in London to host horses
A PLACE IN
THE SUN
David and Susan
Brooks at their villa
near Faro, right;
Andrew and Rita
Mullins, below, and
their PegasusLife
home in Bude,
bottom
T
of the reasons we
chose to rent was because it freed up capital to let us travel
more,” said retired delivery driver Keith.
“We both always
had low-paid jobs, but
because we had no
children and were
good savers, we had
the freedom to travel and buy our
own properties.”
Using a retirement apartment as a
second home is also a good way of easing your way into a retirement community, especially if you buy before you
need to. “Opting in early and using
your retirement property as a second
home means you can really get to know
the place and make the permanent
move when you are ready,” says Clare
Bacchus, PegasusLife’s customer experience director.
There is also the option of using your
retirement home as your holiday home.
That is what Rita and Andrew Mullins
did, buying a one-bedroom apartment
at PegasusLife’s scheme in Bude, Cornwall, as a second home three years ago.
Their main property is a three-bedroom detached house in Wallington,
Surrey, from which Andrew, 60, commutes into central London to work.
“Bude is a lively seaside town with
something going on year round, which
was very attractive to us,” says Rita, 63.
“We thought we would do something
fun and foolish with Andrew’s inheritance rather than pay off the mortgage
of our current home. It took just 40
minutes for us to view our Bude apartment and write the cheque.”
Attracted to the lock up and leave
aspect, the couple have been making
weekend visits and spending holidays
there, enjoying coastal walks with
their dog.
“When Andrew retires next year we
hopefully can look forward to many
years of life down there – we may even
upgrade to a two-bed if we decided to
sell our Wallington home,” adds Rita.
“We feel on holiday each time we go
– and that’s how we want to feel for the
rest of our lives.”
his striking home is set in a unique
urban equine location, writes
Isabelle Fraser.
It sits on a cobbled mews in the
Hyde Park Estate, which has a distinction:
it is the last one in the capital where horses
are still kept.
Bathurst Mews is still home to Hyde Park
and the well-established Ross Nye Stables,
and those horses are ridden along Rotten
Row and the other bridle paths in nearby
Kensington Gardens.
Mews were originally designed for coach
house accommodation for the main houses
on the street behind.
There were 200 working mews in
central London in 1939, but since then they
have been converted into homes and
offices as such urban space became a
premium, and fewer houses needed access
to horses as a mode of transport.
This property would make an ideal city
bolt-hole, perfect for those eager to hear
horses pass by and experience a hint of
rural life.
The mews house is set over four floors
and has surprisingly high ceilings for such
a property.
There is an open-plan kitchen with a
large reception room, with windows on
three sides that fill the house with light.
The house has two bedrooms with en
suite bathrooms, one of which has its own
dressing room.
There is another room in the basement
which could be used as an office, a
gymnasium or another bedroom, and a
media room.
There is also a large loft, garage and lots
of storage space.
It is for sale at £3.95 million with Knight
Frank (020 7871 5060; knightfrank.com).
13
14
***
Saturday 7 April 2018 The Daily Telegraph
The Daily Telegraph Saturday 7 April 2018
***
INTERNATIONAL
Meet the
intrepid
expats living
the dream
From leading climbing
expeditions on Mont
Blanc to dog grooming
in Malaga, setting up a
niche business in the sun
can be enriching, finds
Liz Rowlinson
R
oo and Pete Lucas
and their teenage
children Jago and
Chloe are, by their
own admission, living the expat dream.
From a pretty
green-shuttered
fisherman’s townhouse in the old town
of Port de Sóller, on the west coast of
Majorca, they run a boat charter business. That means no commuting, just
days spent on their converted classic
wooden fishing boat, cruising the crystal-clear waters of the secluded bays
and mooring up near restaurants
perched on the cliffs.
Roo, now 42, was never going to settle down into a desk job after a peripatetic life spent on boats. She was nearly
born on one, as her parents both lived
on boats in Brixham, Devon, and the
family spent a year sailing around the
Caribbean when she was 10.
Now she and Pete, 39, have dropped
anchor and settled
down in Sóller to
grow their business,
Bonnie
Lass
Charters.
Three
years on, and with
tourism booming on
Majorca, the couple
are
acquiring
a
second boat.
“It’s
incredibly
rewarding, making
sure people enjoy
themselves on holiday, whether they’re
a Saudi princess or a
Grimsby plumber,”
says Roo. “People come out on the boat
and get a taste of our life and say, ‘If you
ever want to sell up, let us know’.
Maybe we might in 10 years if it becomes an asset, but the early stages of
building a business are hard and you
need to subsidise yourselves for the
first two years.”
It is a far cry from office life in rainy
England. “Pete and I are enjoying it
more than we imagined. It’s great being able to combine work with something you love doing.”
Many of the 1.3 million British citizens living in other EU countries run
small businesses, often in growing
tourism sectors such as extreme sports.
Another of these intrepid entrepreneurs is John Taylor, a keen climber
from Somerset. He turned his passion
into a business when he swapped programming in the City to become a fulltime mountain guide on Mont Blanc in
the French Alps.
“It took me 10 years to get my mountain guide qualification and then I
began to spend
more time in Chamonix,” says Taylor, 51.
He bought a chalet in Les Houches
and started his company, Mont Blanc
Guides, in 2004.
“I do about 250300 climbs each season, taking groups
of people – mainly
Britons, South Africans and Australians
– up the mountain. I
love the psychology
aspect as well as doing something I love
in stunning scenery.
“Each time I meet
GREAT
a
new
group of people,
ESCAPES
whether
they
are brain surPatricia Malaga
geons, rugby players or
and Brett
street cleaners, I need to get
Thomas, above;
them safely up and down
Roo and Pete
the mountain.”
Lucas, left
He also works as a ski
guide in the winter. “It’s definitely a lifestyle business, but I love
the freedom of it... I still do a bit of programming for extra income, but the
business is going well so I don’t have to
work all the time.” This means that he
can spend more time with his family –
his wife Claire and their two children –
and they have moved down to Annecy,
in the valley, so there is more separation between work and play.
As Taylor found out by tapping into
the market for middle-aged “fit oldies”,
who are testing their endurance, the
key to running a lucrative business is
identifying an opening. That may be
‘It’s great
being able
to combine
work with
something
you love
doing’
years Saunders is now selling her business for €495,000 (£433,000) through
businessesforsale.com. “It’s got all the
licences in place, a great reputation
and it brings in a net profit of €50,000
to €100,000 per year. But I would advise anyone to get themselves a good
accountant to advise them if they are
buying a business in Spain,” she says.
Another growing trend is that of coworking spaces serving an increasingly
mobile remote working population
that is hungry to travel. The number of
people embarking on this lifestyle increased by 41 per cent during 2017, according to Deskmag, a co-working
magazine. Rural examples of shared
work spaces for rent are also appearing, drawing on the appetite of global
nomads to de-stress at a slower pace of
life.
British couple Patricia Malaga and
Brett Thomas were fed up with “earning decent money” as contractors in
London, yet not having much left to
enjoy life there. So last year they set up
a co-working space, Verdigris, in the
picturesque town of Olvera, a traditional pueblo blanco in the Cádiz
mountains.
“The location was important as it is
only 80 minutes from Málaga, and
Brett still travels across Europe with
his work for an American publishing
house,” says Malaga, 51, who was born
in Peru. “Olvera is an authentic Spanish
town, with a year-round vibrancy that
is very different to the Costa del Sol.”
They spotted a demand for co-working in this area and set to
work. “We saw examples of
AIM HIGH
people running co-working
John Taylor’s
spaces elsewhere in Spain,
tour on Mont
but there wasn’t one in AnBlanc, main and
dalusia. Here peobelow; Donna
ple can cycle,
Saunders, left
paraglide
and
hike,” she says.
“We have so far
had users from
the UK and Holland.”
They
charge
€12 per day for a
workstation with
office
facilities
and chill-out areas, and have
plans
to
run
events
based
around the local
traditions, such
as jamon-cutting
workshops,
sherry
tastings
opening an Indian restaurant in rural and olive harvesting.
“The Andalusian government is supFrance or a yoga retreat in Tuscany –
whatever it is that you can add your ex- portive of people setting up such busipertise to in a market that needs nesses and we got a low-interest loan to
renovate the office space,” Malaga adds.
serving.
Donna Saunders found a rather dif- “Here, our mortgage payments are
ferent niche that needed to be filled. “I the same as our council tax was in Loncould see that Spain was 10 years be- don, but I also work as a virtual assishind the UK in the treatment of pets tant to clients in London while we
and there was a real need for a good- become established.”
If you are interested in buying a
quality kennels,” she says.
A dog lover from Hertfordshire, she business abroad, you can find dozens to
quit her office job to move to Andalusia purchase that are already up and runand opened In The Dog House, a train- ning. The average purchase is a “lifeing centre/dog hotel set around a two- style” business such as a b&b or
hotel
worth
around
bedroom finca among the stunning boutique
peaks of the campo behind Málaga €250,000, says Rufus Bazley of
businessesforsale.com.
where professional cyclists train (in“British people still dominate the
thedoghousedtc.com).
“I built up the school and am now site, both buying and selling,” he says.
rushed off my feet with the demand for If you are planning to start a business
troubleshooting behavioural issues or beyond British shores, carry out redog-sitting services,” adds Saunders. “I search. “Make sure you do your due
pick up the dogs arriving on flights diligence on a business, using a local
from Dubai and Australia for their own- legal expert,” adds Bazley. “Lexoo.com
ers and care for them, train the locals’ is a good place to find one.”
It is a challenge navigating other
dogs, and I have one lady who travels
from Madrid because I am the only one countries’ bureaucracies, says Roo Lucas. “One of the hardest things is knowshe will trust with her dog.”
With 300 clients, it is a pretty full-on ing what to ask for – no one will
job that leaves her precious little time necessarily volunteer the information.
to sit by her swimming pool to admire But setting up a business in Spain is itthe spectacular views, so after eight self not too complicated.”
FOR SALE
Ready-made businesses in Europe
WINE
LOT, FRANCE
This organic vineyard
comes with all the
equipment needed to
create your own vintage.
There are more than
three acres of vines.
Guide Price: €689,000
Agent: Leggett (0033 553 60 84
88; frenchestateagents.com)
HOTEL
VAR, FRANCE
There is a small b&b and
restaurant here which
could be turned into a
boutique hotel. There is
a swimming pool and it
is 19 miles from the sea.
Guide Price: €4.5 million
Agent: Knight Frank (020 7861
1139; knightfrank.com)
YOGA RETREAT
MARCHE, ITALY
With 91 acres in rolling
hills, this yoga business
has an international
reputation. There is a
yoga platform and a
saltwater pool.
Guide Price: €1,950,000
Agent: Savills (020 7016 3740;
savills.com)
15
Saturday 7 April 2018 The Daily Telegraph
***
A DV I C E
THE
P RO P E RT Y
DOCTORS
LEGAL ISSUES
DAVID
FLEMING
LAWYER
Whether the landlord is entitled
to ask for a set of keys to a flat
depends on the terms of the
tenancy agreement or lease
Q
My daughter has lived in a first
floor flat for more than 20
years. During that time a
succession of landlords have,
almost annually, sold the property on
to others. Last year a new landlord
took over and modernised the whole
building, taking much more interest in
the renovations and the tenants.
However, he is due to visit and is
asking for duplicate keys to be cut
so he can inspect the flat at a time that
suits him.
Is this normal and is he within his
rights to ask this? It seems an invasion
of privacy to me, especially as my
daughter has never failed to pay her
rent and the flat is immaculate.
JG, BY EMAIL
TAXES
NICOLA
MANCLARK
TAX SPECIALIST
Q
In the Eighties as my parentsin-law became more frail, we
bought a house for them to live
in rent free. We moved in there
briefly, and it has been let
intermittently since.
We believed that for the period it
LETTING
PHIL
STEWARDSON
LANDLORD
Q
In the south-east, where I live,
property is too expensive to get
a return. I am thinking of
investing in the north, but as
it’s 200 miles away, I am wondering if
this is a viable option?
GG, BY EMAIL
A
I am not clear whether your
daughter actually owns her flat
(i.e. she has a long lease and
only pays ground rent), or
whether she is a tenant and she pays a
full monthly rent to the landlord.
The question of whether the
landlord is entitled to ask for the keys
to your daughter’s flat depends on the
terms of the tenancy agreement. In
either case, particularly in the case of a
flat that is owned on a long lease, this
is unusual.
Most tenancy agreements and leases
state that the tenant has to allow the
landlord into a flat for certain
purposes, e.g. to check whether the
flat is in good repair.
There is no general right for the
landlord to come into the flat
whenever he feels like it. Accordingly,
my advice is that your daughter
checks her tenancy agreement or lease
carefully, and if there is no such right
then she simply refuses to give him the
key.
If the agreement or lease allows
unrestricted access, then there may be
an argument that it is void, as an
infringement of your daughter’s right
to privacy.
Briefly, under Article 8 of the
European Convention on Human
was my in-laws’ home, and no rent was
paid, we would not be liable for capital
gains tax. We have been unable to
confirm this exemption. Have we
been misled?
VM, BY EMAIL
A
No, you have not been misled
because there is indeed a relief
from capital gains tax in
relation to private residences
occupied by a dependent relative.
It only applies if the house was
occupied by them on or before April 5
1988. One of the conditions is that the
A
MICHAEL DRIVER FOR THE TELEGRAPH
16
Rights, which has been incorporated
into English law by the Human Rights
Act 1998, there is a general right of
privacy. There are exceptions, and it is
not very clear how far the right applies
against private individuals or
companies as opposed to the state.
If your daughter is a tenant then she
always has to bear in mind that most
tenants do not have security of tenure.
They have what are known as assured
HMRC
accepts
that
relatives
over 65 fall
within the
provision
There
is no
general
right to
come into
the flat
relative in question must be
“incapacitated by old age or infirmity
from maintaining himself or herself ”.
HMRC accepts that relatives aged 65
or over fall within this provision.
The house must have been occupied
rent free. Relief is given for the period
of ownership for which these
conditions were met (which can
continue past April 5 1988 provided
the conditions were met at that date).
Nicola Manclark is a tax specialist
and partner in the corporate team at
Ashfords in Bristol (ashfords.co.uk)
short hold tenancies where the
landlord, once any fixed term of the
tenancy has expired, can get
possession by giving two months’
notice. This is a real problem. The fear
of eviction often deters tenants from
making justified complaints.
David Fleming is the head of
property litigation at William Heath
& Co solicitors (williamheath.co.uk)
CONTACT US
The Telegraph’s Property Doctors bring
expertise on renovations and DIY, interiors,
buying and selling, lettings, legal issues and
taxes – addressing three topics every week.
Send your questions to:
Write: Property Doctors,
The Daily Telegraph,
111 Buckingham Palace Road,
London SW1W 0DT
Email / Twitter:
propertydoctors@telegraph.co.uk
@teleproperty
You would not be the first
property investor to buy
rental properties away from
home. Four years ago, we
started investing in the north-west.
It’s 120 miles from our base but we
identified huge potential there and set
about finding out how we could get
into that market.
It has been a hugely successful
venture for us. We focus
predominantly on two towns in
Lancashire where we have around 60
properties and are still buying.
Like anything new, it’s hard work to
get started. I would recommend you
research and find an area you like and
then visit it for a few days. When you
can get to know the place, meet agents
and view properties on the market.
Once you know where and what you
want to buy and have made sure there
is demand for this kind of rental
property, you then need to find
someone to manage it for you.
When we started out, we drew up a
shortlist of agents, met with them and
discussed what they could offer, what
they charged and their future plans,
etc.
We whittled it down to a shortlist
and eventually chose one. We still
work with them to this day; they help
us find new acquisitions, manage our
existing properties and occasionally
assist with disposals.
They take all the hassle out of the
investments and the system works
really well, but we are fortunate we
chose a great agent.
I would recommend you do the
same. Take your time learning as
much as you can about the area and its
demand for rental properties. If you
can cater for that demand, you won’t
go far wrong.
Phil Stewardson is a landlord and
runs Stewardson Developments
(stewardsondevelopmentsltd.co.uk)
The Daily Telegraph Saturday 7 April 2018
***
17
18
***
Saturday 7 April 2018 The Daily Telegraph
Документ
Категория
Журналы и газеты
Просмотров
0
Размер файла
16 944 Кб
Теги
journal, The Daily Telegraph
1/--страниц
Пожаловаться на содержимое документа