Unique Property Bulletin 11 March 2012

The Toll House, Pitscottie Road, Cupar, KY15 4HF.

Toll House (c) 2012 Wilsons Auction

 

This failed to sell at auction, but as of 14th March 2012 has now been marked up as “Sold” post-auction. We will of course keep an eye on whether it completes or not. In any event, there is always another bargain unique property coming up, so please keep on popping in to visit our Unique Property Bulletin. Thankyou.

Added to this 17th Century Toll House is an 11 Bedroom Detached Hotel in the ample grounds behind! Perhaps we have this description a little back to front and we should feature the hotel as the main property, but this is supposed to primarily be a Unique Property Bulletin, so hopefully you can see why the Toll House has top listing on this.

The Eden Lodge Hotel, Pitscottie Road, Cupar, KY15 4HF.

Eden Lodge Hotel With Toll House (c) 2012 Wilsons Auction

The price the current owner paid, according to official Land Registry records was £350,000 in August 2005 for both detached buildings inclusive – Toll House plus Hotel. These failed to sell a while ago at £350,000, so the owner has taken a pragmatic step and dropped the price to £320,000 for this week’s auction. We understand that since failing to sell at auction this week, there is more margin for negotiation to a figure around £290,000. So interested have we become that we went across to Cupar for a look. The Toll House needs some tidying up, but is fit for splitting from the main title and would not take a lot to make nice and liveable. Received wisdom indicates it would, on its own go for £160,000 plus. However, given the large commercial element to the combined sale, allied to the fact that commercial mortgages are very very difficult to secure in the current climate bringing the price of this lot right down to bargain basement, so much so, that the arithmetic on the detached Toll House works out at around a tantalising £100,000. If anyone fancies a real bargain circa 1791 Toll House please email.

The dynamics of this whole project, and we have, in our off-site group had such real life adventures like this before, is to dispose of the residential building, in this case the Toll House, and have a group of friends join up to buy a room each in the main hotel. The low level of cost is designed primarily for cash purchase. All funds handled by the group solicitors. This would NOT be timeshare, but wholly owned part of the hotel to holiday in by each respective member of the group, and if desired, derive some rent for each room owners benefit when not in residence. This principle more fully described in our Two-Summers-No-Winters-Feature.

Eden Lodge Hotel Interior, Pitscottie Road, Cupar, KY15 4HF.

Hotel Interior (c) 2012 Wilsons Auction

Given the room price of this heavily discounted detached hotel, which at £290,000 less £100,000 for removing the Toll House from the equation means each room in the Eden Lodge would work out at around £190,000 divided by 11 rooms equals around £17,270 per bedroom. The rest of the hotel would be owned in common at 1/11th per bedroom owner. There is a lot more to such a project than this elementary coverage so anyone not familiar with Unique Hotel Syndicates please Contact Us for details.

Relevantly, we already have THREE Hotel Syndicate members who have enjoyed some of the earlier hotel buying and owning adventures firmly interested in this. So we just need 8 more at £17,270 per room. At that price you could buy a couple of rooms. A good idea if the kids or mother-in-law are in tow?

As mentioned, full details of the Unique Hotel Syndication request via our Contact Form.

Alternatively, you might just want to go the whole hog and buy a big bargain. The two buldings for around £290,000 the lot! How does that compare with the price of a one bed flat in Edinburgh or London?

Online Brochure at…..

http://www.wilsonsauctions.com/property_details_scotland_new.asp?id=746216

PLEASE REMEMBER EVEN THOUGH THE AUCTION DATE HAS PASSED, THESE TWO BUILDINGS FAILED TO SELL AT AUCTION AND THE PRICE FOR THE COMBINED LOT HAS COME DOWN SPECTACULARLY FROM THE OPEN MARKET VALUATION OF 2010.

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Another Grand Design

Grand Design – Stilwater (c) 2012 Savills.

Apparently quite a few of the buildings featured on Kevin McCloud’s landmark television series come up for sale. Understandable, as the redoubtable presenter of this favourite visual feast has featured 124 episodes since first airing in April 1999.

This particular Grand Design is Stilwater (one “l”), and is perfectly perched over a private loch at Killearn, G63 9QW. It was designed by McInnes Gardner Architects and was completed in 2006 and received much acclaim on the Channel 4 Grand Designs television programme.

Grand Design – Stilwater Interior (c) 2012 Savills.

Formed over two levels, this 5 bedroom designer’s delight is built under a slate roof, this innovative contemporary home blends traditional materials with new modern building technology. It is constructed to a specification rarely seen in this country. It features floor to ceiling glass in the main apartments and a terrace which cleverly wraps itself around the ground floor.

The reception hallway is open plan with the dining area, kitchen and lounge. It has an innovative glass staircase with open risers ascending to the first floor. A change in level defines the dining area which has French doors opening to the terrace. Steps descend into the double height lounge which has a contemporary open fireplace and two sets of French doors opening to the terrace and the front garden.

The kitchen has black high gloss finish units at wall and counter levels incorporating hob, two drawer dishwasher, oven, microwave/grill and plate warmers. The adjacent utility room has units at wall and counter level and is plumbed for washing machine. Doors lead to a WC and a decked terrace. Steps descend from the kitchen into the sitting room which is separated from the kitchen by an impressive aquarium. The sitting room has a free standing corner wood burning stove. A bedroom with en suite shower room, walk in store and WC/washroom complete the ground floor accommodation.

Upstairs are four bedrooms, three of which have en suite facilities. The upper hallway has a gallery overlooking the reception hallway and drawing room. The master bedroom, with a floor to ceiling glass wall overlooking the private loch, is of particular note. There are two walk in dressing rooms and an en suite bathroom which is semi open plan to the bedroom. It has a Jacuzzi whirlpool bath, wet room shower, twin glass wash hand basins, sauna and WC.

Stilwater Floating (c) 2012 Savills.

Outside, the famous “floating shot” featured on the Grand Design programme is as impressive as ever, with a wrap around terrace at ground floor level and a substantial terrace off the master suite on the first floor. Electric gates open to the gravel driveway which sweeps towards the house and offers parking space for a number of cars. On either side of the driveway are beautiful manicured lawns.

To the south side of the house is a level lawn and to the east and north of the house is a private loch. The loch covers some 2.5 acres and is stocked with rainbow trout.

Located at Killearn, just 16 miles from Glasgow, with Stirling a commutable 21miles.

FEATURES:

Reception hallway
Dining area
Kitchen
Lounge
Sitting room
2 WCs
Utility room
Master bedroom with en suite bathroom, sauna & WC
4 further bedrooms (3 en suite)
Decked terrace
Approximately 6.39 acres including private loch

Tenure: Feuhold (Scottish freehold equivalent).

Guide: Offers over £1,500,000.

Online Brochure ….

http://residentialsearch.savills.co.uk/property-detail/251453/list

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Hawthorn Barn, Tydd St. Giles, PE13 5PG.

Hawthorn Barn (c) 2012 Harrison Murray.

This is a nice, but relatively ordinary looking barn from the outside view. However, the inside convesion has been managed to a very nice standard. A rich, character filled gallery feaure sets off the inside of this unusual home very well.

Hawthorn Barn is situated in the village of Tydd St/ Giles which offers a18 hole Golf course and facilities for fishing. The barn sits on a good size plot and offers the purchaser a home full of character with views of open country side. Entrance is gained via a quiet lane servicing only two properties with Hawthorn Barn having an in/out drive providing off road parking A bespoke solid wood front door opens into the kitchen/living area where you will find hand made solid wood kitchen units, pitched ceiling with A frame beams in Douglas Fir, tiled flooring, sitting area and stairs to the first floor. An inner hall way gives access to two bedrooms Shower/utility room and family bathroom. To the first floor there is a galleried landing overlooking the kitchen/sitting room and the master bedroom. To the front of the property the garden is mainly laid to lawn as is the areas to both sides and rear. The present vendor has plans drawn for extending the barn which would include another two bedrooms.

Hawthorn Barn, Tydd St. Giles, PE13 5PG.

Hawthorn Barn (c) 2012 Harrison Murray.

Accommodation:

KITCHEN/LOUNGE AREA: 14’3 x 30’4 4.34m x 9.25m:

INNER HALL.

UTILITY/SHOWER ROOM: 5’1 x 6’6 1.55m x 1.98m:

MASTER BEDROOM 1: 14’11 x 10’8 4.55m x 3.25m:

BEDROOM 2: 10’11 x 7’5 3.33m x 2.26m:

BEDROOM 3: 8’9 x 8’9 2.67m x 2.67m:

BATHROOM: 7’5 X 6’7 2.26m x 2.01m:

LANDING: 10’2 x 15’4 3.10m x 4.67m:

GARDENS: Access is gained from a gated in-out drive. The remainder of the garden is laid to lawn. To either side of the property you will also find garden space, as at the rear of the property, where you will enjoy open field views.

Planning permission and plans for an extension offering a further two bedrooms.

Tenure: Freehold

Guide: £ 249,995.

Online Brochure ….

http://www.harrisonmurray.co.uk/property_detail.php?id=036525

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Knight Of The Canal

Merriman House (c) 2012 Owner’s Collection.

 

Merriman House, 14 Frome Road, Bradford on Avon, Wiltshire, BA15 1LE. Situated in the historic town of Bradford On Avon, Merriman House – built around 1805 by Sir Thomas Merriman, former Chief Clerk of the Kennet and Avon Canal.

This marvellous turn of the century canal side dwelling is a fine example of location and property. The aspect is of a gentle way of life with small canal boats plying by the windows of this wonderful house at a speed to calm down the frantic way of life elsewhere.

Merriman House (c) 2012 Owner’s Collection.

Merriman House is a Grade II listed property, and sits impressively on the Kennet and Avon Canal. The property is within 5 minutes walking distance to the town centre of Bradford On Avon, which has a good range of shops as well as several excellent public houses and restaurants.

The house is currently arranged into five bedrooms with two reception rooms and a large kitchen. Fine views over the canal are to be enjoyed…..

Merriman House (c) 2012 Owner’s Collection.

The property has ample parking with access directly along the towpath, with a private walled garden to the rear as well as gardens to the front and side. There is also a significant opportunity for renovation to this building – with a cellar comprising full height rooms to the same sizes as all first floor rooms (including the former kitchen, a well and a bread oven). The cellar is currently unrestored however could easily be fully integrated into the property, with access from a lower door.

Tenure: Freehold.

Guide: Recently reduced from £795,000 to £695,000.

Telephone: 01225 866142.

Email: slowoldcars at aol dot com

Please mention this Unique Property Bulletin reference – Thankyou.

Alternatively, the Online Brochure is at:

http://www.cobbfarr.com/residential-sales/2206197/

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Timber Jetty – Menai Strait

Menai Straits Wooden Jetty (c) 2012 Haf Jones & Pegler.

On the banks of the Menai Strait sits this old timber jetty. It may seem obscure to include it in this Unique Property Bulletin, but for over two decades we have had some marvellous ships that are a pleasure and delight. Some even the right sort of thing to live aboard.

Throughout, one main problem has arisen. Where to berth the ship.

Here is a possible place. Any person fluent in Welsh please forgive spelling errors. The full name is Brynsiencyn, Llanfairpwllgwyngyll.

Well worth looking into further detail. This is a relatively brief listing, with just the bare essentials, but could lead to something really special. In the next week or two we shall see if something can be found to make this otherwise ordinary looking site become something very special.

Agents: Haf Jones & Pegler – 01248 364422

Guide: £30,000

Tenure: Freehold.

Online Details (page 18 – direct link not possible) ….

http://www.hafjonesandpegler.co.uk/pfs.htm

 

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WC With PP

Northfleet W.C., With P.P. (c) 2012 Allsop Auctions.

OK this building is off the wall a bit. But we do aim to cover all sorts of unusual property. This is a former Public Convenience. The PP in the head title line above refers to Planning Permission.

This permission has been granted for demolition of the W.C., and replacement with a newbuild ground floor shop, plus self-contained offices above. This oddity caught our eye, as it is entirely possible to have a flat or home above the proposed shop newbuild, subject to an amendment of planning permission.

From experience (though not exclusively) most folk interested in unusual buildings do not simply want to arrange a light makeover of a W.C. or public convenience. Unless you are shooting a George Michael music video.

This particular item has been included as it is a little unusual, and more interestingly, to ourselves at least, it is being sold WITHOUT RESERVE at auction.

Maybe worth a cheeky offer on the day. Perhaps just a few grand. Single figures even. See what sort of trouble you can get yourself into.

Location: Former Public Conveniences, The Hill, Gravesend, Kent, DA11 9ES.

Though when you get home and your wife, husband or partner asks what you did, for goodness sake be careful how you phrase your reply. There are plenty to choose from….

Got Bogged Down At Work !

Fancy Moving To A Wee House ?

Cottaging In The Country.

Living Above Waterloo.

 

Tenure: Freehold.

Guide: Sold Without Reserve.

Auction Date: 27th March 2012.

Online Brochure ….

http://www.auction.co.uk/commercial/LotDetails.asp?D=F&A=756&ID=756000059&MP=24&RQ=&S=L&O=A