With UK real estate values showing few signs of slowing it may be a good time to strategically dip your toes in the water. Where better than Oxfordshire - arguably the world’s principal seat of graduate learning, sorry Cambridge, Harvard, MIT etc!
Well into an 8 figure pounds sterling asking price, how about this little gem:
On the market with Knight Frank (Contact telephone: 020 7629 8171) and described as:
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Posted by Peter Brady on Wed 2nd August 2006 at 09:00 AM, Filed in
Some astonishing figures released by the Office of National Statistics indicate that the UK’s net worth increased by £119 billion last year to a figure of £6000 billion. The real driving force behind the rise has been the relentless growth in real estate values both commercial and residential.
Having spent over a decade involved in UK commercial real estate I feel certain that things are starting to slow in this sector - but residential, who knows. So many commentators have wrongly called the residential market since the mid 1990’s that it really is a case of drawing your own conclusions from the available data.
What’s driving it all. Well, a number of factors, but lack of supply, strong global demand for UK real estate and historically low interest rates are all in the mix.
When I saw this on engaget a while back I must admit a wave of scepticism came over me. But undoubtedly the concept is a great one and for any super luxury home it would be an amazing addition.
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