Property hunters’ shock as run-down beach hut goes on the market for £250,000 – almost as much as the average British house
- The hut in Devon has been described as a ‘once in a lifetime opportunity’
Property hunters have been shocked after a run-down beach hut was put up for sale with an asking price of £250,000 – the price of a house.
The hut on Teignmouth’s river beach in Devon isn’t far off the average British house price, which stands at £285,000.
It it is described as a ‘once in a lifetime opportunity’ – but there are no inside pictures or a floor plan of the hut.
It has been owned by the same family for more than 100 years and lies on the River Teign estuary, with views towards the sea.
Agents Dart & Partners said on Rightmove: ‘A once in a lifetime opportunity to acquire a sizeable freehold beach hut, located on Teignmouth’s River Beach, which has been owned by the same family in excess of 100 years.
People have been surprised by the price of this hut – an eyewatering £250,000
It has been owned by the same family for more than 100 years and lies on the River Teign estuary, with views towards the sea
The view of where the hut is located on Teignmouth’s river beach in Devon
Read more: World’s oldest bungalow goes on sale for £1.5million as owner drops price by £500,000
‘With front and rear access, power, direct access to the River Beach, enjoying breathtaking views into the River Teign estuary.’
UK house prices are falling at the fastest rate in 12 years as shocking mortgage costs pile pressure on the market.
Prices were down in June for the third consecutive month, but the average UK property still costs £285,932, £35,000 more than the asking price for this hut.
Those who saw the Devon hut were shocked.
One said: ‘Wonder how bad the inside is that they don’t want to show it?’
Another said: ‘Nearly as much of my house!!’
While another responded: ‘Over £100k more than mine and it’s a nice house.’
‘Looks grotty af, family that owned it for 100 years have forgot about it for that long as well it seems,’ one added.
One said: ‘Over twice the price of my 11 year old two bed semi.’
And one joked: ‘Is this a typo and it’s meant to be £25k?’
Users were shocked by the price – with one even questioning whether it’s meat
Lastly, another commented: ‘Who is paying this amount of money for a shed? Am I missing something?
‘I can just go to a beach and pitch up a tent, I don’t see the value in these.’
The hut is still a way off the most expensive put up for sale.
In 2021, a 13ft by 10ft timber cabin on Mudeford sandbank in Christchurch Harbour, Dorset, went onto the market for a whopping £575,000 despite having no mains electricity, toilet or washing facilities.
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