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Shouldn't They Say, 'this House Was Once Worth £400,000'?

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sandyRoe | 10:39 Wed 26th Jun 2013 | ChatterBank
15 Answers
Even at 25K it's no bargain if it's in imminent danger of falling into the sea.

http://www.dailymail.co.uk/news/article-2348100/Four-bedroom-Devon-home-excellent-sea-views-sale-just-25-000-fall-cliff.html
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Avatar Image aelmpvw
heartbreaking if you happen to own it
10:42 Wed 26th Jun 2013
Avatar Image friedgreentomato
Well it is a bargain if you can afford to throw away 25K on a gamble - it could stay where it is in which case it is an absolute bargain.

I suspect that whoever buys it won't have to worry at losing 25K
10:43 Wed 26th Jun 2013
Avatar Image sandyRoe
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It would be, yes. Hopefully, they're well insured.
10:43 Wed 26th Jun 2013
Avatar Image cupid04
I could think of better things to spend £400,000 on if I had £400,000, that is!
10:44 Wed 26th Jun 2013
Avatar Image cupid04
Even 25K, sorry, didn't pay attention!^^
10:45 Wed 26th Jun 2013
Avatar Image pixie373
Shame. It looks lovely
10:51 Wed 26th Jun 2013
Avatar Image 237SJ
They say that a young couple who want to get on the housing market these days will have to save for decades. Given that an unfurnished two up two down around here rents for £1000+ per month which is dead money, the gamble of that house possibly lasting 3 years would pay off for someone trying to save on rent whilst saving for a deposit.
10:52 Wed 26th Jun 2013
Avatar Image Baldric




"The former owners of Tor Cottage have moved out and sold it to a firm which specialises in selling challenging homes."

10:55 Wed 26th Jun 2013
Avatar Image friedgreentomato
They have to prove its safe though as there is a ban on staying overnight in it.
10:55 Wed 26th Jun 2013
Avatar Image albaqwerty
link not opening for me, but a shame if it does drop into the sea.
There's a few areas where this is happening around the UK though.
10:55 Wed 26th Jun 2013
Avatar Image aelmpvw
237SJ ... that would work if they could get permission to sleep in the property!
10:57 Wed 26th Jun 2013
Avatar Image Sparkles62
That would be fine but when you read the news article, there is court order on the house, preventing anyone who buys it from staying in it overnight.
10:57 Wed 26th Jun 2013
Avatar Image 237SJ
It only says that potential buyers can`t sleep in the property.
10:59 Wed 26th Jun 2013
Avatar Image pusskin
That must be heartbreaking. Such a lovley house.
11:03 Wed 26th Jun 2013
Avatar Image andrew1707
It has a ban on staying overnight: perfect for a night-shift worker then!
12:10 Wed 26th Jun 2013

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