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Surrey Millionaires - Why they reside in Surrey

By: Nahit Karatasli

Why do they prefer having a property in Surrey? Surrey dwellers know that there are specific areas of the county that appeal to the rich and famous more than others; is this a Surrey secret or does the rest of the nation or even the world learn about these hidden gems of magnificent properties in Surrey? Just this week Virginia Water hit the headlines for having streets amassed with millionaires, is it an overspill from London or are there other existence and property attraction elements at play?

James Wyatt, Senior Partner of Virginia Water estate agency Barton Wyatt informs us:

“There are a number of components that make individuals want to come and live right here - none of which include Virginia Water being an overspill from London, quite the opposite, rich enterprise folks transfer out of London to the likes of Virginia Water intentionally to improve their normal of family living. We also have a lot of international consumers who've been attracted by the exclusivity of the world and its distinctive living; international buyers are drawn mainly from Russia, Kazakhstan and the Far East.

1. The situation is spot on for commuters. We are just a one hour commute door to door into the City. Communications are excellent with the M25, M3 and M4 shut by giving quick access to the motorway community, London, Heathrow, Gatwick and Farnborough which permits enterprise folks quick and quick access to Europe and beyond.
2. Virginia Water really is a green and nice land. There is no beating Surrey for its beautiful countryside and the lake at Virginia Water makes this a very particular place for families to live. Plus the native centres of Virginia Water, Sunningdale, Ascot and Windsor cater for daily shopping requirements.
3. Schooling is outstanding with many renowned personal schools comparable to Eton School, Heathfield, Papplewick, Sunningdale, St Mary’s Ascot, St Georges Ascot and St John’s Beaumont. In addition, there are two international schools, ACS in Egham and TASIS in Thorpe.
4. And lastly I would recommend the social activities. Sporting services within the area are quite a few with many golf and country clubs as well as Ascot Race course and Polo at Smiths Garden in Windsor Nice Park. There's after all the famous golf golf equipment at Sunningdale and Wentworth, with its swimming pools, eating places, tennis courts and health membership which is in the identical league as St Andrews and is just a contact of sophistication within the area - total it is only a actually terrific place to reside”

Virginia Water is the only place outside of London to make it into the highest 10 most expensive postcodes. The GU25 area is ranked sixth overall in the nation, with properties within the area changing hands for a mean of £920,000. For an average property worth this is quite something but a conservative estimate in accordance with James who is at the moment advertising a number of properties around the £10 million price bracket.

Presently the portfolio of properties obtainable for sale at Barton Wyatt has an average worth of roughly £2.36m. This does present a slight decline in current months; leafy Virginia Water, like the rest of the country, has not escaped the results of the downturn with its justifiable share of properties having their costs diminished to replicate the market status. That is now turning round within the space but you may still decide up a relative ‘discount’ in Virginia Water as prices readjust once more.

An example of this is Bryher, a much loved family home which has the fabulous addition of a indifferent 3 mattress cottage. This dwelling would suit many family situations and has been lowered from £3.5 million to £2.ninety five million. For these with a £10 million property budget then Hole Lane is the proper home, thoughtfully designed with a room for just about every little thing - wine, laundry, video games, crops, spa and health club - you even get £500,000 change.

Article Source: http://sports-articles.net

For more info on property in Surrey contact Barton Wyatt on 01344 843000 or go to www.bartonwyatt.co.uk .

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