A Seven-Bedroom Compound in Southwest England
$4.4 MILLION (3.25 MILLION POUNDS STERLING)
This seven-bedroom property is in the historic village of St. Mawes, on the south shore of Cornwall county, in southwest England. The compound, a collection of converted farm buildings clustered around a gated courtyard, comprises a five-bedroom main residence, a two-bedroom cottage, a two-car garage with an upper-level studio space, and a garage/workshop.
Located at the tip of the Roseland Peninsula, on the east bank of the Carrick Roads waterway, St. Mawes is known for its vibrant yachting and sailing community, and its access to one of the deepest natural harbors in the world, said Mark Wilson, the director of H Tiddy Estate Agents, which has the listing.
With only about 680 residential properties, St. Mawes has long “had an air of exclusivity,” Mr. Wilson said. This property, which sits on two acres of gardens and lawn, “is a rarity in that you have the privacy, but you’re only a 10-minute walk into the village,” he said.
Cornwall Council noted in its 2021 housing report that “Cornwall is the number one searched location in England and Wales from February 2021,” citing data from Rightmove, Britain’s largest online real estate portal.
Throughout Britain, the housing market continues to be brisk, said Timothy Bannister, director of data services for Rightmove. The company tracked record levels of buyers contacting agents through their site between Christmas and New Year’s, with activity up 23 percent compared with the same period last year, he said.
According to a report by the Office of National Statistics, the average home price nationwide rose by 10 percent year over year in October 2021, to 285,000 pounds ($387,000) — though that marked a dip from the 12 percent year-over-year gain in September. The South West region mirrored that 12-month price growth, at 10 percent. The London region saw the lowest annual price growth, at 6.2 percent, though it remains Britain’s most expensive area, with an average home price of 516,000 pounds ($700,000) as of October.
The U.S. Department of State has issued a travel advisory warning against travel to Britain because of a high level of Covid infections. Travelers to England must qualify as fully vaccinated under the country’s guidelines.
Stamp duty tax is due on the portion of a property sale price above 125,000 pounds ($170,000), starting at 2 percent and rising in increments to 12 percent on the portion above 1.5 million pounds ($2.04 million).
Annual council taxes on this home are 3,400 pounds ($4,600), Mr. Wilson said.
Contact
Mark Wilson, H Tiddy Estate Agents, 011-44-1326-270212; www.htiddy.co.uk
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