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Erm, camembert with star anise, that puts a completely different perspective on it.
Gazump them !
I always enjoy my croissants with an olive branch.
Dies that fern come with tuck attached for the outdoors indoors feel?
I always enjoy my croissants with an olive branch.
A peaceful morning ritual.
There's a distinct lack of wardrobes in the photos. Looks like a hotel too. That would have been snapped up by someone wealthy in London on a whim.
that property is a perfect case in point.
floor level of that property is probably less than 30cm above the equinox spring high tide level. (for reference the foreshore there is generally used as the car park for the pub opposite, don't leave your car there overnight...)
if you believe the majority in this thread, its worthless, about to become uninhabitable and yet it fetches a price tag of £1.4 million...
if you believe the majority in this thread, its worthless in 30+ years from now
There’s a distinct lack of wardrobes in the photos. Looks like a hotel too.
The three larger bedrooms have separate dressing rooms, which aren't pictured. Guest bedrooms look to have big hook things for hangers.
The advert says that it is a holiday let, hence the hotel vibe.
if you believe the majority in this thread, its worthless in 30+ years from now
i'll wager a Camembert with Star Anise that that house will be far from worthless in 30yrs time...
Here you go.. its this if anyone is interested
https://www.fbm.co.uk/properties/13582173/sales
The photos in the listing are old (maybe from 6 years ago/) Its damp, its has a crap flat roof extension on the back, it need lots of work (new kitchen, windows, boiler,etc etc)
But It has a great view though, has a certain charm about it and is right next to the water.
I went and measured with a string line and level yesterday.. Its 33cm higher in elevation from the highest known tidal event in the last 10 years. Its a great spot but it is on borrowed time. I dont want to get stuck there with it being unsellable and watch the seep up through the floor in my old age.
I said 30+
😉
Upon entering there are two spacious rooms to the ground floor, which could be utilized, for a number of purposes.
seawater storage tanks?
sounds like they have already moved up to the 1st/2nd floors.
sounds like they have already moved up to the 1st/2nd floors.
The property has been used as a holiday let / second home. The bottom 2 rooms have been used as storage. They are both really quite damp. Its not had any money or much love spent on it in the last 25 years
At least there is a flat roof rescue point 😉
if you believe the majority in this thread, its worthless in 30+ years from now
The value of a thing will depend on the cost and what teh owner gets out of it.
Most people tie is a phenominal quantity of their hard earned cash into bricks and mortar. IT doesn't need t be worthless in 30 years (althogh as already pointed out 1in30 events are not "one every 30 years") it just has to be worth less. Coastal flooding will increase in likelihood and severity as sea levels rise. Once it becomes frequent/severe enough thats no one wants in any more you're in a bit of bother.
The assumption ofcourse based on the fact the question was asked is that the OP doesn't have enough cash to right it off. The other assumption is that its not already daft cheap to make it worth the gamble.
And thats before you start considering the total ball ache of loss and damge to your possessions and or finding somewwhere to liev for 6 months while your manky ground floor is ripped out (another assumption that it isn't already resilient). 30cm is the length of a kids ruler. 20 years is nothing to make any decision on other than "**** thats pretty close imagine if it was a bit more wavy/ the weather was a bit more shit etc."
The link was dead slow for me so i haven't looked at it yet.
Just down the road from me and some friends live down there.
It’s too close to the Cleddau for me and I’d hate the noise from the bridge. I’ve sat in their garden and it’s surprisingly loud and constant.
https://www.rightmove.co.uk/sold-prices/map-view/property-68460771.html
Same 1.1 million, up the road from me, that floods when a storm washes awah the shingle bank that the council spend tens of thousands of pounds topping up
There is a barge with a huge cannon that rainbows tons of shingle up to the high water mark, then excavators move it left and right to raise the land by 1mtr or so
But large swells carry enough energy to push all the shingle aside and overtop
Then the promenade becomes a canal, and barge board s are designed to allow enough water through that the storm drains and pumps can deal with
I habe had the wheely bins swimming laps of the car park in front of my flat, but its built a good 2ft higher and the surrounding land is flat meaning big volumes can be acoomodated, where as that house looks to back onto high ground giving te water no where else to go and a footprint making a walled flood defense tricky
No actual private outside space with the view, a road bridge close by.
Flood aside it wouldn’t be on my list of beautiful, nice places to live.
£250k + renovation is too much to loose.
Yeah @cloudnine there are other reasons I wouldn't consider that house (road bridge in particular and looks hugely over-valued for that area) but I would re-iterate that at some stage the house will eventually flood. It isn't a nice linear progression and once that flooding happens it gets harder and harder to sell. Unless a house falls off a cliff, it doesn't become worthless overnight with flood risk, but they become harder to sell and harder to insure and so they do eventually become a money pit. It might take 20 years, it might take 50+ years before it starts flooding so if you genuinely only wanted to buy for 5 years and `flip it' then unless there is a really big storm the likelihood of a big flood in the next 5 years isn't huge. I still wouldn't touch it with a barge pole 😉
@FunkyDunc that Plymouth property is being sold as a commercial investment though isn't it, a holiday home that pays it's own way for now. Again the risk is if there is a big storm that pushes a storm surge up the estuary combined with a big rainfall event, and no-one can tell you when that event might happen. But if you have 1.4 million available to you then you probably (should) have a hundred thousand available to you in case you need to re-do the ground floor. And they may also be punting on the storm not happening during their ownership and selling on in 5-10 years' time.
A 1-in-30 years event ...
but in a tidal environment, those fluvial floods and tidal surges, also have to happen co-incident with a equinox spring high ... you need to keep it out for a couple of hours at worst.
This isn't necessarily the case. The way waves interact means that usually the highest total water level occurs about ~2-3 hours before or after the astronomical timing that High Water is expected. From tide-surge-wave interaction. Yes it does mean that flood water usually recedes after a few hours; but it is also very possible for flooding to then re-occur on the next tidal cycle. Whilst the highest (equinox) spring tides do give the biggest likelihood of tidal flooding (of course) when you work out the co-incident (compound) probabilities of flooding from tide, storm surge, wave overtopping and fluvial/pluvial on an estuary it gets very complicated.
Soon to be a glut of Venetian holiday homes hitting the market
Hmm - doesn't scream 'special' to me. Too many downsides for the risk involved.
And next to pub too - don't underestimate the noise and hassle that brings.