Show us your real estate pawn (vol 2)
Discussion
NDA said:
FourWheelDrift said:
Or do the Dick Strawbridge Chateau thing in France.
€367k - http://www.groupe-mercure.com/en/buy/for-sale-chat...
€375k - http://www.groupe-mercure.com/en/buy/for-sale-chat...
€395k - http://www.groupe-mercure.com/en/buy/for-sale-chat...
Or the real doer-up for €100k - http://www.groupe-mercure.com/en/buy/for-sale-chat...
Nice... That's an interesting site, you can buy a lot for your money.€367k - http://www.groupe-mercure.com/en/buy/for-sale-chat...
€375k - http://www.groupe-mercure.com/en/buy/for-sale-chat...
€395k - http://www.groupe-mercure.com/en/buy/for-sale-chat...
Or the real doer-up for €100k - http://www.groupe-mercure.com/en/buy/for-sale-chat...
One of my mates who is partner at one of the firms which has a subsidiary that sells overseas properties gave the following advice:
' The art of selling these properties is to recognise that the locals, who know the true value, will never buy them. This means the key to selling them is to find an overseas sucker. Someone daft enough to think it's cheap because they are used to London prices for example. Someone who doesn't know the cost of bringing in tradesmen to remote locations and someone who doesn't understand that once they have lost all their money doing it up and then realised that it's so remote that it takes them over a day to 'nip to the holiday home', that if you leave it empty for a few months it falls apart again and that if you run it as a B&B customers can't be arsed to travel that far from airports unless you discount to the point of losing more money, once they have understood all of that and reached capitulation in order to get rid of it they have to go out into the world and try and find an overseas buyer who is dumber than they are. '
In short, once the basic mechanics were laid out to me it suddenly had no appeal whatsoever.
The final statement was that in terms of true value it's worth how much the local farmer will pay for the land and that's pretty much it.
DonkeyApple said:
In short, once the basic mechanics were laid out to me it suddenly had no appeal whatsoever.
The final statement was that in terms of true value it's worth how much the local farmer will pay for the land and that's pretty much it.
In the days when I had cash (many years ago), I nearly bought a chateau... I think the point of these types of properties is that it's throw away money - you have to know going in that you might lose the cash. It's about being in love with an ancient property, whatever the cost aspect might be. If you hope to recover, or even make, money, you might live there feeling rather desperate about it. I still dream of owning such a place and will happily noodle on the type of sites above...The final statement was that in terms of true value it's worth how much the local farmer will pay for the land and that's pretty much it.
TheLordJohn said:
phil_cardiff said:
If this thread has taught me one thing it's that if I had £5m plus to spend on a property then I'd struggle to find something I really like.
Google Wappenbury Hall.Today, I am mostly wanting to live the other side of Dartmoor. This kind of appeals, and is pretty much on the moor. I like having a 1 bed cottage, a 3 bed and a 5 bed. We'd move into the 3 bed, Air BnB the 1 bed, and do the 5 bed out to our liking, before moving into the 5 bed, tidying up the 3 bed and sticking that on Air BnB too. (Probably.)
http://www.rightmove.co.uk/property-for-sale/prope...
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Alternatively, this is probably over priced, but has a great location, if you want a bit of solitude...
http://www.rightmove.co.uk/property-for-sale/prope...
http://www.rightmove.co.uk/property-for-sale/prope...
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Alternatively, this is probably over priced, but has a great location, if you want a bit of solitude...
http://www.rightmove.co.uk/property-for-sale/prope...
NDA said:
In the days when I had cash (many years ago), I nearly bought a chateau... I think the point of these types of properties is that it's throw away money - you have to know going in that you might lose the cash. It's about being in love with an ancient property, whatever the cost aspect might be. If you hope to recover, or even make, money, you might live there feeling rather desperate about it. I still dream of owning such a place and will happily noodle on the type of sites above...
I think you're right. If you do it with disposable money and write it off because it's what you love then it works but if you do the usual British thing of cashing in your pension and imagining that it will be a lucrative B&B and worth millions then I suspect it will be back on the market with comments along the lines of 'partially restored'. Cotswolds house for £1.5m - http://www.rightmove.co.uk/property-for-sale/prope...
Oh by the way it comes with access to a private airfield and even an aircraft to play with too as part of the deal.
Oh by the way it comes with access to a private airfield and even an aircraft to play with too as part of the deal.
FourWheelDrift said:
Cotswolds house for £1.5m - http://www.rightmove.co.uk/property-for-sale/prope...
The aircraft is nice, the house is very disappointing. The rooms are small and it doesn't even have a dining room! Look like it's got a neighbouring house tucked in very close next door (do they get use of the airstrip too?) and the garaging is rubbish. Ah'm oot! will_ said:
Bonefish Blues said:
That seems very expensive to me.
And who honestly with a straight face calls their house "Pooh Corner". Nauseatingly twee. Blown2CV said:
yea i'd be changing that immediately. Twee only when you know it refers to an imaginary bear from a story, but when you say it out loud to someone... well I'd imagine most people might be a bit shocked, and then probably quietly mentally note you down as king of the scatologists.
I know, and the postman would continuously be getting your letters confused with those for the House at Pooneil Corner. NDA said:
DonkeyApple said:
In short, once the basic mechanics were laid out to me it suddenly had no appeal whatsoever.
The final statement was that in terms of true value it's worth how much the local farmer will pay for the land and that's pretty much it.
In the days when I had cash (many years ago), I nearly bought a chateau... I think the point of these types of properties is that it's throw away money - you have to know going in that you might lose the cash. It's about being in love with an ancient property, whatever the cost aspect might be. If you hope to recover, or even make, money, you might live there feeling rather desperate about it. I still dream of owning such a place and will happily noodle on the type of sites above...The final statement was that in terms of true value it's worth how much the local farmer will pay for the land and that's pretty much it.
Massive building although it was still a bit rough and ready given it had been restored for the purposes of housing big groups of teenagers rather than as a private house. To do it all up really well would have been a complete money pit.
Had a few great trips over there though and a lovely little village albeit very quiet as is the case with most French places out in the sticks.
Davey S2 said:
I went to a private 6th form college which bought a Chateau in a little village called Pledeliac in Brittany. You had a week long trip there once a year included in the fees.
Massive building although it was still a bit rough and ready given it had been restored for the purposes of housing big groups of teenagers rather than as a private house. To do it all up really well would have been a complete money pit.
Had a few great trips over there though and a lovely little village albeit very quiet as is the case with most French places out in the sticks.
Wasn't Le Fousseau was it?Massive building although it was still a bit rough and ready given it had been restored for the purposes of housing big groups of teenagers rather than as a private house. To do it all up really well would have been a complete money pit.
Had a few great trips over there though and a lovely little village albeit very quiet as is the case with most French places out in the sticks.
World's most expensive house, Cap Ferrat (where else?) - £315 million.
Daily Fail link with more info:
http://www.dailymail.co.uk/news/article-4974762/Wo...
Daily Fail link with more info:
http://www.dailymail.co.uk/news/article-4974762/Wo...
Miocene said:
There's a village near me called Shitterton with a house in it called Pooh Corner, I think the only time when it's acceptable.
There's one in Oakhill, Somerset, opposite the breweryhttps://www.zoopla.co.uk/property/pooh-corner/high...
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