Least used railway station in Wales comes on the market
Station House at Roman Bridge train station, Conwy, (pictured) was originally built to provide transport for the farmers and slate quarry workers in the area in 1879 by North Western Railway. Even though there are fewer passengers now, Network Rail still runs 12 trains per day. Strutt and Parker, who are selling it, say it is reputed to be the least used station in Wales and trains only stop there by passenger request – they have to be flagged down in a similar way to a bus. The house is in the heart of Snowdonia National Park and was built as the home for the former station master – recent additions include underfloor heating and solar panels. The property comes with around 10 acres of land and fishing rights to the nearby Afon Lledr river and lakes. It’s on for £450,000.
What do you get for your multimillions?
A six storey private home in London has gone on the market for £250 million (reported in The Independent yesterday) but for various reasons what the buyer gets for that money are pretty sketchy. There are plenty of million pound hotspots in London (LLoyds TSB recently named Egerton Crescent the most expensive at an average of £8,136,000, followed by Campden Crescent at£4,863,000 and Blenheim Crescent, £4,728,000) but also a wide range outside the capital. In the same Lloyds TSB survey, property at Leys Road in Leatherhead, Surrey averages £3,018,000, while at The Ridgeway in Radlett, Hertfordshire it’s around £2,368,000.
But the most expensive was Woodlands Road West in Virginia Water, Surrey at £3,201,000. So what’s so great about it? “It is quite simply a fabulous place to live,” says James Wyatt, partner of estate agency in Virginia Water, Barton Wyatt. “The private road is tree lined, the gardens wooded and a new car registration place recognition system has been installed so there is a feeling of real privacy. Another real draw to the area is the highly acclaimed Wentworth Club only yards from Woodlands Road West. Wentworth itself boasts three PGA championship golf courses. Other factors include the speedy commute into London and the schools in the area are the finest you will find in the South East.”
Construction figures rise
More professionals in the construction sector saw workloads rise than at any time since the end of 2007, according to the latest RICS construction market survey. Over the last three months, 10% more surveyors across the country reported rising workloads, boosted in particular by private housing construction. Although London, the South East and the Midlands saw increases in construction, Northern Ireland and Scotland experienced falls. Simon Rubinsohn, RICS Chief Economist, said: “Although it’s far too early to start talking about a recovery in the construction sector, the rise in output at the beginning of the year is a little better news. The government’s attempts to stimulate the market seem now to be having some impact but there are still significant challenges to be overcome. In particular, the availability of finance and planning related issues continue to present obstacles to development.”
Norwich & Peterborough Building Society
N&P is launching a new, low fee three year fixed rate mortgage at a best buy rate of 2.49% available up to 60% LTV (loan to value) with a fee of £295 and incentives including free valuation, and either free legal fees for re-mortgages or £200 cashback for home buyers. Borrowers can overpay up to 10% of their mortgage each year without penalty, up to an annual limit of £10,000.
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