Monday, January 7, 2013

Buy Your Own Downton Abbey

From CNBC: You don't have to be the Earl of Grantham to own your own British country estate. But it helps to have a royal-sized fortune to burn.

With this week's season premiere of the third season of "Downton Abbey," we decided to take a look at what it costs to buy, own and maintain a grand estate in the U.K.  Rupert Sweeting, head of the Country Department of Knight Frank in London, said that the biggest costs of owning a country estate are the staff. He said that for a "moderate-sized" 1,500 acre spread, you'll need a butler, cook, secretary, groundspeople and cleaning staff. (Read More: Top Towns for $10 Million Home Sales)

"And for hunts, you need gamekeepers, one or two at the very least," he said. Total annual cost for the staff would be anywhere between $600,000 to $1 million a year….

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