‘Saddest ever’ Grand Designs residence in tragic twist after costing marriage and £7m
The story of the ‘saddest ever’ Grand Designs home continues as a brand new itemizing has appeared.
Cliffside property Chesil Cliff House, which value proprietor Edward Short his marriage and left him in £7million of debt, is now up on the market by means of debt collectors, the Mirror studies.
The coastal mansion in North Devon was designed to appear to be a lighthouse, took 12 years to construct and resulted in a improvement nightmare. The undertaking began with a finances of £1.8m and was purported to be accomplished inside 18 months.
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(Image: Edward Short / SWNS)
Last yr, the unfinished pad was taken off an property agent’s web site throughout talks with a “serious buyer”, who reportedly backed out on the final minute. Now, it appears the property is again in the marketplace by means of Law of Property Act receivers, suggesting the sale is a part of debt settlement.
The itemizing states: “Savills are appointed on the instructions of Joint Receivers: H.Varsani and M.Yianni (Belleveue Mortlakes Chartered Surveyors and LPA Receivers).”
(Image: Tom Wren SWNS)
The five-bedroom house is listed for £5.25million on Rightmove, providing one purchaser the “once in a lifetime opportunity” to tackle and end one of many UK’s “most spectacularly situated coastal homes”.
The posh pad was first up for grabs final yr with Knight Frank and matchproperty.co.uk, however now Savills has stepped in with a contemporary Rightmove advert on Friday (January 26). They say it is a “bespoke design brought to life through impressive engineering”.
(Image: Channel 4)
Rightmove’s advert says: “The property represents a once in a lifetime opportunity to take on and finish the specification and fit out of one of the UK’s most spectacularly situated coastal homes. The bespoke design has been brought to life through impressive engineering, with the building being anchored to the bed rock, blending whitewashed elevations with steel and glass, culminating with a lighthouse feature at one end giving almost 360 degree views of the coastline.”
It additionally boasts about privateness and the three acres of land, which features a little bit of shoreline, a personal tidal seashore space and coves. Plus, there is a huge infinity pool, a sizzling tub, and a great deal of room for automobiles.
(Image: Channel 4)
Nic Chbat – Director of Match Property property brokers, who beforehand helped discover a purchaser final yr – revealed the sale hit a snag when the timeframe “expired”. He beforehand mentioned the customer was “still wanting to buy the property”, with the sale nonetheless prone to proceed.
However, the brand new itemizing suggests the acquisition did not undergo and the sale is now being dealt with by London-based property brokers Savills. A spokeswoman for each Savills and receivers Bellevue Mortlakes confirmed this however did not present additional particulars.
(Image: Knight Frank)
* This article was crafted with the assistance of an AI device, which quickens Daily Star’s editorial analysis. An editor reviewed this content material earlier than it was printed. You can report any errors to [email protected]
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