A Tudor mansion in Norfolk now costs the same as a London flat – why aren’t today’s wealthy elite interested in dilapidated-school splendour?East Barsham Manor in Norfolk doesn’t seem to be selling. Its owner has just dropped the asking price,newspapers reported final week, from 4m to just under £3m. That’s 25% off. It’s reduced to clear.
Let me start by saying that £3m is still a lot of money. Though not as much as when the manor was built in 1520. At that point, and £3m would probably hold bought you the entire country,which then came with a fair bit of Ireland too, as a sort of granny flat.
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Source: theguardian.com