for sale

If I won the lottery…Fillongley Hall

Matthew Beckett - The Country Seat4 Comments
Fillongley Hall, Warwickshire (Image: Weddington Castle website)

Considering the difficulties faced by country house owners with death duties and a changed society, it’s always remarkable when a house is passed down through the generations; particularly so when it’s the same family for nearly 200 years.  Fillongley Hall designed by George Woolcott and was built in 1824-25 for the uncle of the 1st Lord Norton, extended in 1840-1, and now for sale again by the 8th Lord Norton after an unsuccessful attempt to sell in 2005.

The grade-II listed house is considered to be one of the best examples of smaller scale Greek Revival architecture which demonstrated the good taste of the Grand tourist with it’s fine interiors and classical exterior with recessed Corinthian columns on the main entrance front.    Bearing some resemblance to the now-demolished Thirkleby Park in Yorkshire, the house is a compact essay in elegant classicism with a restraint all too often lacking in modern country house architecture.  The house was inherited by Lord Norton in 1993 since when he and his wife have lovingly maintained and updated the house.  More images of the interior and exterior can be seen either on this fascinating local history website or on the Savills website.

When Fillongley Hall was put up for sale in 2005 the guide price was £5m but this included 400-acres as opposed to the 114 plus the house which are available now for £4.5m.  [The house subsequently sold in 2006]

This is a beautiful house and deserves and owner who understands the house and is sympathetic to its status as one of the best houses of its type in the region.

Property details: ‘Fillongley Hall‘ [Savills]

Kiddington Hall sold – but as a home or an investment?

Matthew Beckett - The Country Seat1 Comment
Kiddington Manor, Oxfordshire (Image: Country Life)

After many viewings and some speculation, the Sunday Times is reporting that Kiddington Hall has finally been sold for £15m to Jemima Goldsmith, the wealthy socialite.  The grade-II listed house, originally built in 1673 but largely rebuilt to designs by Sir Charles Barry, comes with 466-acres of gardens and parkland designed by ‘Capability’ Brown.  The Sunday Times quotes a ‘property source’ as saying “It was a romance. She just fell in love with it.”.

The sale was ordered by the court to fund the divorce settlement of the owner, Erik Maurice Robson, who needed to raise £8m to provide for his ex-wife (for a detailed estimation of the likely proceeds see the comments on a previous post: ‘The economics of selling a country house‘).  The estate, described as a ‘jewel in the heart of Oxfordshire’, was one of the most important estates to be launched onto the market last year as rarely do prime estates with a manageable house, fine gardens and a productive estate, come up for sale in the prime Home Counties and this was reflected in the original asking price of £42m for the entire 2,000-acres and house.

However, considering Jemima’s previous successful forays into property development, is Kiddington Hall to be a family home or will she take the advice of some who say that if she spends a couple of million on refurbishment the property could be worth £20m?  It will certainly be one to watch as if it is relaunched in a year or two, it will provide a useful barometer as to the recovery of prime country property.

The sale of the main house will also mean that the sale of the remainder of the estate, encompassing 1,600-acres plus several farms and houses can proceed.  These sales were contingent on the main sale as without the sale of the main house the rest of the estate could not be sold.  The Sunday Times is reporting that Alec Reed, founder of the Reed recruitment agency, is the purchaser.

More details: ‘Jemima Goldsmith jumps on £15m stately home‘ [The Sunday Times]

Ury House restoration project still in doubt a year on

Matthew Beckett - The Country Seat1 Comment
Ury House, Scotland (Image: Geograph)

When the developers FM Developments went into administration in 2009, it put in jeopardy a huge development scheme which was to fund the restoration of the historic Ury House.  The size of Ury House meant that any scheme was going to have to be ambitious to provide sufficient funding and this one involved the building of 230 homes and the creation of a Jack Nicklaus-designed golf course.  The developers had been praised for consulting with local residents and had the full support of the council for bringing jobs and no small measure of glamour to Stonehaven. Now, a year after the collapse, it’s still not clear if the scheme will proceed at all, leaving the spectacular ruins of Ury House at further risk of decline.

The first house had burnt down in 1645, and the second house was subsequently completely rebuilt as the Ury House we see today in 1855 for Alexander Baird in a fine Elizabethan style by the architect John Baird.  Baird was one of the most successful of the architects working at this time even if he rarely followed fashion.  His work at Ury was a continuation of the style of Wilkins and Burns they had developed 40 years earlier but was of a high quality which is still visible even today in the shell of the house. As a first stage of the work of the restoration, extensive scaffolding had been erected around the house in January 2009.

The proposals for redevelopment of the 1,500-acre estate included the conversion of the house into nine townhouses.  Unlike in many other cases of ‘enabling development’ where the setting of the house is compromised through the encroachment of the housing, the plan put forward placed the residential estate well to the east of the house, thus protecting it.  With the bankruptcy of FM Developments these plans have  been thrown into doubt and local planning officers are now working on the assumption that the development will not go ahead – despite local councillors being determined to resurrect the scheme.  Unfortunately the danger is now that another, less sympathetic, developer will take on the project but may try to cram more houses in or extend the area of the estate taken for housing. This would be a real shame. Although the ideal but unlikely outcome would be the restoration of the house as a single family home, this project had developed as a good example of enabling development practiced in the right way, with sensitive restoration of the main house, protection of the setting of the house, and productive use of the estate.

More details: ‘Future of Ury mansion site in doubt‘ [The Press and Journal]

Future of Ury mansion site in doubt

A religious conversion: Rempstone Hall

Matthew Beckett - The Country Seat2 Comments
Rempstone Hall, Leicestershire (Image: Country Life)

In the early part of the 20th-century one option for a country house to avoid demolition was to be converted to institutional use.  In this way, many houses became schools, hospitals or offices, but also some became religious institutions – for example, in the 1940s and 50s, Gloucestershire lost seven houses but twenty-two were converted to institutional use.  Now with property prices rising but membership of convents falling, houses used for holy purposes are now being sold – and could once again be homes.  Rempstone Hall in Leicestershire, currently the Holy Cross Convent, is on the market for £2.5m, as the nuns move to a purpose-built home nearby.

Rempstone Hall is a classically beautiful Georgian red-brick house, originally built in 1792 for William Gregory Williams, a major local landowner.   Various families passed though the house usually keeping it as a secondary house to much grander seats elsewhere.  By the beginning of the 20th-century it was unoccupied as probably, as with many other houses, at risk of demolition as the houses became surplus to requirements and a drain on finances already under pressure.  Rempstone Hall was saved in 1909 when P.W. Carr moved in and made significant additions including a new north wing and a fine stable block before selling it in 1920 to the Derbyshire family from whom the Convent bought it in 1979 for just £110,000.

During their time at Rempstone, the nuns have removed the exterior stucco to expose the warm red-bricks giving the house a bold appearance, the two red blocks framing an elegant loggia which faces the gently sloping lawn.  At 21,000sqft this is undeniably a large house with 20 bedrooms, a large entrance hall with possibly Jacobean staircase, a sizable chapel and many other rooms.  One downside of institutional use is the rather functional decor and Rempstone is no exception, with lino, acres of red carpet and various partitions which the new owner would need to remove; total renovation costs are estimated to be in the region of £500,000.

This fine and beautiful house, well-located in the Midlands, with 60-acres and several estate buildings, cries out for someone with taste to restore this house back to being a family home – which is helpfully the outcome favoured by the local planners.

More details: ‘Your prayers have been answered‘ [Sunday Times: Home]

The economics of selling a country house: Kiddington Hall

Matthew Beckett - The Country Seat9 Comments
Kiddington Manor, Oxfordshire (Image: Country Life)

An article regarding the sale of Kiddington Hall in the Financial Times has highlighted that the asking price of a country house when put on the market is not the amount which will end up in the buyer’s pocket.

When grade-II listed Kiddington Hall was launched on the market in September 2009, the price tag of £42m reflected its status as one of the most important houses to be offered since the sale of Easton Neston in 2004.  The main house was built in 1673 and sits in the centre of it’s 2,000-acre estate in Oxfordshire, with parkland designed by ‘Capability’ Brown. The house was remodelled in the 1850s by Sir Charles Barry in his trademark Italianate style which included the creation of a large courtyard and extensives terraces in the gardens.

The beautifully elegant house is being sold by Erik Maurice Robson, whose father bought the house for £115,000 in 1950. The sale was court ordered to fund his £8m divorce settlement, and valued his freehold interest in the house and estate at just £16m. This article states that this value is what remains after “excluding furniture, capital gains tax and sale costs”.  Mr Robson has now asked the court to reduce the value of the settlement as, due to a fall in property values, his interest is now worth only £13.18m.  This seems a remarkably small amount to be able to realise from such a high asking price and perhaps emphasises that a country house is not the pot of gold many imagine it to be.

Full story: ‘Stately home at heart of divorce appeal‘ [Financial Times]