Record property prices in London, combined with the last two years of falling house prices in the Home Counties, are set to create a series of property hotspots around the Capital in 2013 according to multi award-winning house builder, Millgate.
Smart buyers will look to invest early to take advantage of the price rises likely to result from the swelling demand for properties in the Home Counties, as increasing numbers of London home-owners seek to sell up and retreat to the countryside.
There is already serious demand for high-end country homes, with many would-be buyers in recent years having been forced into rented accommodation while they look for their dream purchase. Millgate has identified five key areas in which to buy in 2013. Jonathan Cranley, Sales and Marketing Director at Millgate, explains:
‘With transport infrastructure improvements and the continuing popularity of country schools, demand for luxury properties in the Home Counties continues to outstrip supply. The appeal of country life but with easy access to the Capital looks set to drive up prices in a select number of hotspots during the coming year.’
Gerrards Cross in Buckinghamshire is one such area. The village is renowned as one of England’s most exclusive places to live. It is 25 minutes from London by rail, 14 miles from Heathrow airport and has several independent schools located nearby.
The continuing reputation of Gerrards Cross as one of the most affluent areas of the country makes it an excellent place in which to invest and Millgate has developed a stunning portfolio in the area. The eagerly anticipated eight impressive country homes and four town houses at Fulmer Road for example will reflect Millgate’s renowned meticulous attention to detail when they launch in February 2013.
Another area to watch is the appealing town of Farnham, Surrey. Packed with historic buildings and close to ruins such as Waverley Abbey, the town is just 42 miles southwest of London. It has an air of country charm, with passageways leading to hidden gardens, all overlooked by the imposing Farnham Castle.
Only two years since Millgate completed three luxury houses in Farnham, planning permission has once again been granted due to surging buyer demand for the company´s modern classic homes. Construction of three detached country mansions, located in the fashionable Lower Bourne End, is already underway with completion set for summer 2013.
Also within Surrey,
Millgate has highlighted the delightful town of Oxted as its third recommended place to invest in 2013. This upmarket area is one of the most sought-after places for property in the country. Millgate’s exclusive Trevereux development will feature three new-build detached homes and seven refurbished apartments, on the site of the former Charing Cross hospital convalescence home. In keeping with the house builder’s reputation for excellence, all properties will showcase ultra-contemporary design while blending attractively with the local area.
Another one to watch will be the idyllic village of Walton on the Hill in Surrey, midway between Epsom and Reigate, the site of Millgate’s collection of six timeless five-bedroom homes, due to launch in Spring 2013. The archetypal English village, Walton on the Hill is the perfect base for rural life. 15,000 acres of picturesque heathland surround the village, which in true English fashion contains a large pond, a green, a cluster of shops and a pretty church.
Walton on the Hill’s location within 15 miles of London, and only four miles from the M25, make Millgate’s exclusive properties here an intelligent investment for anyone looking to combine country living with access to the city.
The final Home Counties hotspot for 2013 is Ascot in Berkshire, 25 miles west of London. Famed as the location of the prestigious Ascot Racecourse, the village epitomises English country living. Here Millgate has acquired the site of Westbrook House, former home of film star Rita Hayworth.
Millgate has consulted extensively with local residents on the development and has designed its plans to suit their requirements. The construction work will see the rundown Westbrook House replaced by 14 luxury apartments with basement parking, perfect for those seeking country life just a stone’s throw from London. As Millgate’s Jonathan Cranley summarises:
‘This broad portfolio of impressive developments affords plenty of choice to intelligent investors looking to find their dream country home in some of England’s most exclusive areas in the year ahead.’
To find out more, register your interest by contacting Millgate on 0118 934 3344 or visit www.millgatehomes.co.uk.
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