River Views Property

Flat with gorgeous river views sells for simply £1 as a result of nobody can entry it – Yahoo Singapore Information

A city centre flat with gorgeous river views has bought for £1 as a result of nobody can get to it or is aware of what’s inside.

The property consists of 1 129 sq ft room with no doorways – nestled between outlets above a excessive road in Wisbech, Cambridgeshire.

It has one lengthy window on the entrance overlooking a river and far-reaching views over the picturesque city.

However there isn’t a entry through stairs and the room above an alleyway is boarded up – so no-one is aware of what’s inside.

There’s additionally no report of anybody ever having used it or lived there.

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The property bought for simply £1 (Image: SWNS)


Regardless of its limitations, it was bought at public sale by Norfolk-based auctioneers William H Brown, with an preliminary information worth of £100.

However this information worth dropped to £1 on the final minute – and a neighborhood unnamed businessman snapped it up.

The contents and situation of the weird property stay a thriller as even the auctioneers had been unable to entry it.

When it first went on their books, auctions associate Victoria Reek described it as “definitely one of many weirdest ones we have had at public sale”, and admitted it was “most likely simply stuffed with cobwebs”.

The bizarre property, positioned at 5-6 Nene Quay, is in a terrace of outdated buildings, believed to have been constructed as granaries or outlets within the 16th century.

At present, it sits between Tasty China restaurant at quantity 5, and Bridge Insurance coverage workplace subsequent door.

The property has good views (Image: SWNS)


Fenland District Council, which has owned it since 1966, put it up on the market alongside different “surplus properties” with Norwich-based auctioneers William H Brown.

The auctioneers stated it was the most cost effective that they had ever seen a property promote for.

However the purchaser may have paid extra in charges than the precise worth of the property, paying round £1,000 in whole and little question paid for the lot in full fairly than merely placing a deposit down.

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The room is above an alleyway (Image: SWNS)


Story continues

The public sale particulars state: “This is a chance to accumulate a flying freehold which extends over a part of a vehicular entry passageway and contains a single, presently inaccessible room, measuring roughly 12 sqm.

“There’s restricted info and we’ve not, at this stage, gained entry.”

A ‘flying freehold’ means it has no construction beneath however extends over a passageway.

Flying freeholds are most typical the place an older, giant constructing has been transformed into a number of smaller properties.

In some unspecified time in the future, the room might have belonged to the constructing subsequent door however one way or the other acquired separated over time.

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