Wanted: 12 millionaires to take up residence on the county's most exclusive estate

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Wednesday, September 03, 2008
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This is Lincolnshire

The search is on to find buyers for properties on a new

Lincolnshire estate where every home costs at least £1m.

Developers are pressing ahead with what promises to be the

county's most exclusive housing project despite the pressures

of the credit crunch.

The luxurious homes, which will be about seven times the

size of regular family homes, are being built next to Lincoln

Golf Club at nearby Torksey.

Two of the homes are being constructed by Gusto Homes, whose

chief executive is Lincoln City Football Club chairman Steff

Wright.

"Three homes on the site are already occupied so we're

really hopeful that there'll be a lot of interest," he

said.

"These will be dream houses and it will be a bonus if we can

attract people here with their businesses to create new

jobs."

But with each having 21 rooms, a swimming pool, an acre of

land and a games room, the homes may struggle to hit their the

target market.

Andy Hey, Lincolnshire spokesman for the Institute of

Chartered Surveyors, said: "I think 12 on the same site is an

awful lot.

"The sort of person who would spend a lot of money on a

house in Lincolnshire is normally someone who wants a bit of

individuality.

"I think a development like this would be better in

somewhere like Kensington or Chelsea."

State-of-the-art environmentally friendly features include a

rainwater harvesting system to flush the mansions' toilets,

geothermal heating that extracts heat from the ground and solar

water heating.

J H Walter estate agents, based in Mint Lane, Lincoln, will

be marketing the homes.

Partner Tim Atkinson said: "Obviously we're not going to be

expecting hundreds of people queuing to buy them because they

are so exclusive. It is an unusual development and nothing like

this is available elsewhere in the Lincoln area."

To find out more about the £1m homes, see

Wednesday's Echo

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11 Comments

  • Profile image for This is Lincolnshire

    by Betty Boop, Lincoln

    Thursday, September 04 2008, 11:33AM

    “You lot have actually made my day :)”

  • Profile image for This is Lincolnshire

    by monty don, out there

    Thursday, September 04 2008, 4:54AM

    “It's "bitter & twisted hour" with vitcor meldrew - touched a nerve! Who mentioned private number plates? The world does not revolve around you and your urine-soaked sofa. Still, who wants to buy a house for that much in lincs? You could buy up most of birchwood for that, but again, why would you want to!!”

  • Profile image for This is Lincolnshire

    by Boris, 4 PM

    Wednesday, September 03 2008, 5:48PM

    “For one million I'd expect a country estate not a housing estate!

    They are truly hideous. More like something off of Footballers Wives than something you expect in rural Lincs.

    How did the land owner get planning permission? Hmmm I wonder?”

  • Profile image for This is Lincolnshire

    by Blokey bloke, London W2 (ex yellabelly)

    Wednesday, September 03 2008, 4:56PM

    “For a home costing M£1 I want exclusivity (not 12) in an area where I can get good business opportunities and access to great theatre, restaurants and transport network....and the ability to sell quickly if required.”

  • Profile image for This is Lincolnshire

    by Joe, Lincoln

    Wednesday, September 03 2008, 3:29PM

    “Oh dear..............it's even worse than I first thought.

    Just put Torksey into the Environment Agency website and see the area that's going to be under water!”

  • Profile image for This is Lincolnshire

    by Joe, Lincoln

    Wednesday, September 03 2008, 3:23PM

    “I bet they regret starting to build these in the current climate - hope the builders have a strong balance sheet!”

  • Profile image for This is Lincolnshire

    by bob the builder, erf

    Wednesday, September 03 2008, 2:52PM

    “dont buy! ive seen the workmanship. not good!”

  • Profile image for This is Lincolnshire

    by will conlon, Lindum colonium

    Wednesday, September 03 2008, 2:49PM

    “I will purchase all properties, knock them down and build a much needed field. For my ever growing mushroom enterprise!”

  • Profile image for This is Lincolnshire

    by Alan P, King Road

    Wednesday, September 03 2008, 1:32PM

    “I have recently come in to a rather substantial amount of money so with regards to decision making we are in a "Can do, Go" situation. I'll take one - where do I sign!”

  • Profile image for This is Lincolnshire

    by Victor Meldrew, Lincoln

    Wednesday, September 03 2008, 1:04PM

    “Oh how wonderful, with such great views as electricty pylons, two power stations and the murky old river trent. It's just a status symbol really you know; I bet they have private registrations too such as PEN15 too. Hey poor people, look at me, I am insecure!. Yes, we are looking at you. I can see your private registration also relects the type of person you are.......”

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