Mystery property with no access sold for £1

Previously published on my blog to be sold on auction for a guide price of £100, this mystery town centre property with river frontage and far-reaching views has been snapped for a cool £1 at auction.

Although it might seem like a bargain, the drawback is there is no way to get into the 12sq m first-floor space.

Property in Wisbech

However, the room, wedged between two properties and suspended over an alleyway in Wisbech, Cambridgeshire, appealed to one bidder whose hand shot up when the £1 price tag was announced.

The guide price of £100+ was dropped to £1 at the last minute.

The unusual property is in a terrace of old buildings, believed to have been built as granaries or shops in the 16th Century on Nene Quay.

It is bricked up from both sides and even the auctioneer had not been in to see it.

Fenland District Council, which has owned it since 1966, put it up for sale alongside other “surplus properties” with Norwich-based auctioneers William H Brown

There is no record of anyone ever having used the room and the contents and condition remain a mystery.

Property for sale in Wisbech

When it first went on their books, auctions partner Victoria Reek described it as “certainly one of the weirdest ones we’ve had at auction” and admitted it was “probably just full of cobwebs”.

She said the vendor instructed the auctioneer to remove the £100 guide price just before the auction opened.

“So we told bidders the first one to offer £1 could have it – one gentleman put up his hand and it was gone – all done and dusted,” she said.

It is not yet known who bought the inaccessible room.

Source: BBC News

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Dennis Bebo – MSC, BSC, DEA, CeMAP

TA DenEco Consultancy – www.deneco.co.uk

How to know a good building contractor

One of the most important decisions you are likely to make when undertaking a building project of any size is that of employing the services of a building contractor or property professionals such as electricians, plumbers, gas engineers, etc.

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Before making the all-important decision of awarding the contract to a specific builder or professional, it would not be unreasonable to as to see work on which they are currently engaged or recently done. Seeing at first hand and speaking to the client on how they treat the client’s property and how they work will give you an idea of what to expect if you decide to employ them.

Below are some tell-tale signs of good building practice and responsible behaviour:

  • vehicles associated with the site are parked sensibly
  • the site on first appearance is clean, tidy and organised
  • roads and pavements are not damaged or muddy
  • where appropriate, suitable fencing is available
  • the site facilities are appropriate for the project
  • workers’ appearance is in keeping with a professional outfitSee the source image
  • equipment is clean and in good order
  • no trailing leads are evident, except in close proximity to the work
  • standard of work appears to be good
  • workers are polite
  • noise levels are acceptable (no loud radios)
  • security and health & safety signs are evident, ie visitors to report to site office, there are warning signs for pedestrians that construction work is in progress, standard health & safety signs.
  • workers are wearing Personal Protection Equipment
  • the company vehicles are well presented
  • a company sign is on display
  • where appropriate, material is neatly stacked and protected

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Dennis Bebo – MSC, BSC, DEA, CeMAP

TA DenEco Consultancy – www.deneco.co.uk

Birmingham worst hit city in UK by Storm Ciara

An insurance giant has seen a 285 per cent surge in calls and claims as it helps to repair the damage caused by Storm Ciara – with Birmingham one of the worst-hit cities.

Claims included property damage such as loose tiles and broken windows, as well as flooding.

Andrew Morrish, UK claims director for Aviva, said: “Storm Ciara is unusual in that it has affected a wide area and so far we’ve seen an increase of around 285 per cent in telephone calls and claims, compared to January.

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“Customers are able to contact us in a number of ways and around 10 per cent of people have made a claim using our online claims facility.

Mr Morrish said: “This means that around 12 per cent of customers have already received payments.”

The Association of British Insurers (ABI) has advised people facing damage or flooding to contact their insurer as soon as possible.

Many insurers have 24-hour emergency helplines and they may be able to arrange temporary emergency repairs to stop any damage getting worse.

The ABI advises keeping any receipts which may be used to support a claim and not rushing to throw away damaged items unless they are a danger to health, as they may be repaired or restored.

Comprehensive motor insurance covers the cost of repairing or replacing vehicles damaged by storms.

Source: Birmingham Live 

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Dennis Bebo – MSC, BSC, DEA, CeMAP

TA DenEco Consultancy – www.deneco.co.uk

Use of technology for your building projects

Building projects is now very much linked to the use of computer generated materials. This does not mean to say that your project will suffer if you do not use computers and computer-aided material. However, one of the major problem with producing material by hand is that it takes a long time, and if you need to update or amend something it can become quite tedious. Another problem is that if your writing is not clear it may be misinterpreted.

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Advantages of using technology

  • information can be produced and sent electronically
  • Save time and speed up communication.
  • Ensure orders and specifications are clear and done in good time
  • Can be easily stored, retrieve and resent
  • Can be sent to multiple recipient at the same time
  • Saves resources and cost
  • environmentally friendly

To get the best of technology, it is worth pointing out that with the advancement of technology, digital cameras are now widely available at very reasonable prices. It is worth investing in one even if you do not own or use a computer. Alternatively you can use your mobile phone if it has a good digital camera. You can take and store hundreds of pictures of your project and documents without having them processed or printed. This may be vitally important in the event of any discrepancies and clarifications. If there is a problem or situation that is of urgent concern, the pictures can be sent electronically. This gives the person at the receiving end a visual aid and therefore action may be taken more quickly.

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Thinking of buying a property?

Need help with residential and commercial property purchase/finance in the UK from start to finish, Please Contact me

Selling or renting your property in Greater Manchester? Get same day EPC for £45 only

Dennis Bebo – MSC, BSC, DEA, CeMAP

TA DenEco Consultancy – www.deneco.co.uk