City money will chase Essex estate
City bonuses are likely to be find their way to properties like the Grove Estate near Wormingford in the Stour Valley, Essex.
The 786-acre residential and farming estate is on the market with Strutt & Parker and Savills for ÂŁ10m. The main house has nine bedrooms and there a further seven residential properties.
An extensive range of modern buildings, improved soils and a 9.6m gallon extraction licence are complemented by an annual income of more than ÂŁ135,000 from residential property lets and converted former farm building let for commercial use. (Strutt & Parker 01473 214 841; Savills 0207 499 8882)