Guaranteed Rent London | 21-bedroom mansion is same price as single-bedroom London flat
If you have a property that you think meets our criteria, contact our teamwhere we will arrange a time to come and talk to you and inspect the property. You decide if you want the building rented for between one and five years. We make formal offers within 24 hours of seeing the property. Please note we require the relevant gas and safety certificates but we can arrange these for you if required.
A 21-bedroom historic mansion is on the market for the same price as a single-bedroom flat in London – after the possibility of mansion tax cuts its price by almost half a million pounds.
The 18th Century country home in six acres of countryside is up for grabs for just £650,000 as a cut-price Downton Abbey.Guaranteed Rent London
Estate agents say the possibility of a mansion tax has hit its value.
Both the Liberal Democrats and the Labour Party support the introduction of taxation on high-value properties.
It had a price tag of £1.1m just a year ago – and is now the same as an open plan one-bedroom flat just 250 miles up the M4 in London.
Cilwendeg House is in North Pembrokeshire, just a few miles from where Prince Charles has a country retreat which is used as a guest house when he’s not in residence.
It boasts 21 bedrooms, four large reception rooms, two matching conservatories, offices and servant’s quarters.
The estate agent’s blurb says it has “splendid Doric and Ionic columns, ornate window surrounds, quoins and a host of other architectural features which create a magnificent impression.”
The property, near the farming village of Boncath, was built in the 1780s by the son of a wealthy lawyer who wanted a grand country pile.Guaranteed Rent London
It was bought by Pembrokeshire Council in 1952 and used as a home for the elderly until it closed in 2010 when the last of the residents moved out.
The estate agents say it could easily be converted back into a private family home.
Estate agent Anthony Clay said: “You try to find a property like Cilwendeg House anywhere else for this price and, quite frankly, you’ll fail.
“It is a really, really good price for the right person.
“It may not have sold due to worries over a possible mansion tax, which may or may not come into force in the future.
“But at this price someone is going to get a real bargain.”
A modest apartment on the ground floor of an eight-storey building near Regent’s Park is currently on the market for the same price.
It has just bedroom, one bathroom and no garden.
View the original article here