Interesting property, what happened?
Discussion
So while aimlessly browsing rightmove yesterday I came across this:
http://www.rightmove.co.uk/property-for-sale/prope...
It looks A) very cheap, B) Abandoned and C) brand new and something just didn’t seem right with it.
A bit of Googling and I established that it was being filmed for grand designs in 2008, but then stopped and was never finished.
http://www.dorsetecho.co.uk/search/3967719.TV_film...
It was for sale in 2013 for £900,000 and then dropped to £700,000 but never sold, at this time it looks like a completely finished and lived in house. It also has a completely separate one bed cottage/annex in the grounds, included in the sale.
http://www.rightmove.co.uk/property-for-sale/prope...
I spoke to the agent yesterday and they said Cash buyers only as it was never signed off as a "building" and needs another £200,000 or so spent on it to fulfil the landscaping planning condition and install a new kitchen etc.
They also said that in 2013 it was the owners selling, now its a company (I guess a re-possession?
I’m just intrigued into the history and why it needs things like a new kitchen when it looks brand new?
Anyone know the property, or what happened?
I love it, and would love to live there, but just stinks of bad luck and moneypit to me.
http://www.rightmove.co.uk/property-for-sale/prope...
It looks A) very cheap, B) Abandoned and C) brand new and something just didn’t seem right with it.
A bit of Googling and I established that it was being filmed for grand designs in 2008, but then stopped and was never finished.
http://www.dorsetecho.co.uk/search/3967719.TV_film...
It was for sale in 2013 for £900,000 and then dropped to £700,000 but never sold, at this time it looks like a completely finished and lived in house. It also has a completely separate one bed cottage/annex in the grounds, included in the sale.
http://www.rightmove.co.uk/property-for-sale/prope...
I spoke to the agent yesterday and they said Cash buyers only as it was never signed off as a "building" and needs another £200,000 or so spent on it to fulfil the landscaping planning condition and install a new kitchen etc.
They also said that in 2013 it was the owners selling, now its a company (I guess a re-possession?
I’m just intrigued into the history and why it needs things like a new kitchen when it looks brand new?
Anyone know the property, or what happened?
I love it, and would love to live there, but just stinks of bad luck and moneypit to me.
Yes thanks for the info and links!
I did actually read that article, but that’s what confused me.
It WAS a lived in and finished house for sale for 1 million pounds only 2 years ago.
Now its a un mortagagble, unliveable, half finished shell that needs £200,000 spent on it including new floors and kitchens and its not even signed off by building control.
If im honest I don’t have the £600,000 plus sat in the bank in cash to buy it, so im not going to waste her time speaking to her, however if it was mortgage able, or even bridging/short term financeable I may be a tad interested, but the above question is the big one for me.
I did actually read that article, but that’s what confused me.
It WAS a lived in and finished house for sale for 1 million pounds only 2 years ago.
Now its a un mortagagble, unliveable, half finished shell that needs £200,000 spent on it including new floors and kitchens and its not even signed off by building control.
If im honest I don’t have the £600,000 plus sat in the bank in cash to buy it, so im not going to waste her time speaking to her, however if it was mortgage able, or even bridging/short term financeable I may be a tad interested, but the above question is the big one for me.
Interesting, thanks for reporting back.
Was it being sold by the bank as a repo?
Something you forgot to mention that's quite key too, there is no legal access to the property, that unmade track you refer to is owned by someone else and there is no legal right of way over it apparantly.
Was it being sold by the bank as a repo?
Something you forgot to mention that's quite key too, there is no legal access to the property, that unmade track you refer to is owned by someone else and there is no legal right of way over it apparantly.
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