Someone just bought an entire English Village

TRD New York TRD WEEKEND EDITION /
Apr.April 30, 2017 12:00 PM

With just over $28 million to spend on real estate, some might opt for a half-floor condo at One57, while others may go for an Upper East Side townhouse.Yet someone just opted to buy an entire English village instead.

The whole of West Heslerton, North Yorkshire, recently hit the market for £20 million (roughly $26 million), and it found a buyer surprisingly fast — even selling for over the asking price.

The 2,000-acre estate sold for an “undisclosed amount” to real estate investment firm Albanwise, estate agent Tom Watson with the brokerage Cundalls told Business Insider.

“Cundalls received substantial interest in the sale of West Heslerton Estate and a number of offers in excess of the guide price were received with an offer from Albanwise Ltd. being the successful purchaser.” Watson said.

The estate includes a 21-bedroom manor house, 43 residential houses (all rentals), a pub, petrol station, playing field, and sports field. According to the listing, it earns around £390,000 per year. [BI]Christopher Cameron


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