Loans 1258/1259 (cottage near Swanage)
May 29, 2018 11:13:33 GMT
pepperpot, ozboy, and 1 more like this
Post by SteveT on May 29, 2018 11:13:33 GMT
FWIW, I know the location of the cottage near Swanage (loans 1258/1259) rather well, passing it regularly. I'd be very surprised if it doesn't sell for something around the OMV, given its position and open views to the Purbeck Hills (although I think Corfe Castle itself is probably obscured by a tree, looking at the photos).
It also doesn't surprise me that the borrower is marketing it currently at well above this level. This is prime second-home territory (I suspect it's currently used as such, given its condition inside vs outside) and summer is peak grockle season, with lots of deep-pocketed visitors from London looking in the local estate agent windows. If not sold by autumn then I'd expect a significant price cut.
Although Grade II listed, it's on a good size plot and sits within the village Settlement Boundary but outside the village Conservation Area (although the whole area is AONB) so a sensitively designed, visually separated extension is quite feasible. Possibly also even scope to sell half the garden as an infill plot; the planners would fight it but there are plenty of local precedents.
It also doesn't surprise me that the borrower is marketing it currently at well above this level. This is prime second-home territory (I suspect it's currently used as such, given its condition inside vs outside) and summer is peak grockle season, with lots of deep-pocketed visitors from London looking in the local estate agent windows. If not sold by autumn then I'd expect a significant price cut.
Although Grade II listed, it's on a good size plot and sits within the village Settlement Boundary but outside the village Conservation Area (although the whole area is AONB) so a sensitively designed, visually separated extension is quite feasible. Possibly also even scope to sell half the garden as an infill plot; the planners would fight it but there are plenty of local precedents.
