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Frank Hovis

Mail Finds Another Classic Of House Going Over A Cliff

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Right next to the "buy by phone" ex-policewoman's house.

£25k but you aren't allowed to sleep in it.

It's in great nick so it's not as though they stopped maintaining it.

The home was on the market for £365,000 in November 2011 and should now be worth around £400,000 - but the price tag isn’t the only thing that has plummeted.

Tor Cottage is about 100 yards from the crumbling remains of Ridgemont House, which has almost disappeared entirely over Oddicombe Cliffs in Torquay, Devon.

Retired policewoman Sue Diamond bought Ridgemont for a knockdown £154,000 in 2010 but it was condemned one week later.

Her home is now a heap of a rubble on the beach below and its neighbour Tor Cottage has lost 94 per cent of its value.

article-2348100-1A7EB807000005DC-894_634x418.jpg

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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From the comments:

I think the nature of house prices still eludes most people.

Um, is that so wrong? Just view it as scrap and if it's worth more than £25k and you have a plot to put it on then bingo.

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Um, is that so wrong? Just view it as scrap and if it's worth more than £25k and you have a plot to put it on then bingo.

I wonder if it would be worth more, if you stripped it & either ebay i or sent its parts to a reclamation yard?

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Right next to the "buy by phone" ex-policewoman's house.

£25k but you aren't allowed to sleep in it.

It's in great nick so it's not as though they stopped maintaining it.

If you buy it, why can't you sleep in it? Is it the H & S busybodies stopping you?

If it stays in one piece for 2 years, you're probably quits on renting round there. May even get the council tax waived on grounds of unreasonable 'distress.' :blink:

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  • 242 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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