One beach hut for sale at £300,000
The location is the Chesil Beach at West Bexington, Dorset which is home to potentially the U.K.'s most expensive beach hut. The property, which is a 524 ft.² single-storey three bed wooden shack looks, on the outside, like a large garden shed but could in fact become a pot of gold for the property's owner. Despite the fact that we are in the grips of an economic downturn in the UK it would appear that despite being on the market for £300,000, offers could eventually hit £325,000!
While there is no rhyme nor reason why the beach hut market should in any way be insulated from the difficult conditions in the wider marketplace it would appear that this particular area of the market is still very much sought after and a strong niche. The council tax on this particular property is a relatively low £1,032 although quite why anybody would want to live in a beach hut, where planning permission to change the look and feel of the venue will likely be limited, is anybody's guess.
Overall the UK property market is set to come under pressure in the latter part of 2010 as various issues come home to roost, reducing liquidity in the consumer market and placing pressure on property prices.
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