Wednesday, October 22, 2008

Agent particulars: James Wyatt, Virginia Water, Surrey
Last Updated: 12:01am GMT 22/02/2003 - Daily Telegraph.
'I have had two new houses in the past five years, both built by the same developer, but this is the first I've had built for myself. It's the big move if you like: we're jumping up into a large, family house, although, by Virginia Water's standards, I'd say it's actually quite modest.

James Wyatt: he is building a large, family house
"We've one daughter, Victoria, who is two and Jane, my wife, is pregnant again, so it's the right time to do this. I knew exactly what sort of property I wanted. It's what is referred to as a railway carriage house, long and thin. The living-room, dining-room, kitchen, breakfast room and family room are all along the back with the view of the garden, and the other two reception rooms, which aren't quite so important - the study and the telly room - are on the front.
"The chap who developed Virginia Water from its humble beginnings was called W G Tarrant, a very brave developer, who was continually going bust. He started building houses in West Byfleet. Then he bought St George's Hill in Weybridge and developed that and then, in 1921, he developed the Wentworth Estate.
"As it happens, his office is where mine is now. His drawings are on the wall here and his typical Surrey vernacular, tile-hung house was often the railway-carriage design. These days people don't build weedy, thin houses, they prefer bigger houses on smaller plots, but I like them.
"I've never thought of any of the places we've lived in would be a home for very long. But I've a feeling this new house is going to be different because it's been a product of love and enormous involvement. From when we married, in 1994, we've kept moving, up until now, every two years. After we moved the first time I thought: well, this is a good way to get up the property ladder, buying the right thing and then fairly quickly moving on. And that's what we've done, though the actual business of moving is ghastly.
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"Put a price on this property? Let's say that to buy the plot and build the house was getting on for one and a half million. And I suppose you could now say it's worth one and three quarter million so, yes, I'm going to make a little bit out of it.
"Estate agency is not a game where you make lots of money. All we do is take a commission and at the end of the year there's a profit. But one of the ways you can build up your capital is through building your own house and it's tax free, and that's the angle."
James Wyatt is a partner with brother Rupert in Barton Wyatt, Station Approach, Virginia Water, Surrey.



James Wyatt MNAEA, MARLA, TRC, REALTOR ® is a partner at Barton Wyatt International based in Wentworth, Virginia Water. Tel: 01344 843000