This Edition’s Unique Property Feature:-
Mixed Emotions
We Bid On This Water Tower, But It Went For A Small Fortune. An Interesting Life Lesson
Even by Unique Property Bulletin standards, it has been an unusual few weeks. Maybe it is a mid-life crisis. Not sure, but it has been a bit of an emotional rollercoaster on several fronts. This edition has some personal reveries and in the final analysis a fair bit of hope by the end of this Bulletin.
Plans Afoot For This High Home
Also included in the current feature article is this water tower at Doncaster (pictured above). Bawtry Tower was being auctioned with a guide price of just £2,000. However it progressed to an eventual sale, then resale figure of £105,000 after NO renovation – just a few pieces of paper with the words planning permission written on them! To read about Bawtry Tower and much more…
Feature details at the foot of this page.
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======= Regular Bulletin Listings Now Follow =======
Bargain Treatment Works
Swineshaw Water Treatment Works, Glossop, Derbyshire
There are not many detached buildings that can be bought for around £15,000 nowadays. This former water treatment works is one such case.
Auctioneer’s Description: A single storey detached property, predominantly open plan with kitchen and WC areas in need of refurbishment. Accommodation – internal approximately 120 sq m (1,292 sq ft). Outside: Enclosed and gated yard area. Approximately 701 sq m (839 sq yds).
Location: Swineshaw WTW, Bute Street, Glossop, Derbyshire, SK13 7PZ
Guide: £15,000
Further Details: Click Here
Original Details: Click Here
Contact Pugh Auctions Tel: 0844 2 722444
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Railway Residence Ripe For Refurbishment
Former Station Masters House, Bispham Road, Blackpool, Lancashire
A very interesting property which has both residential and commercial components. Ideal for consideration of home/work lifestyle. Railway station buildings are also very popular.
This old station house was placed for sale in the earlier auction at a guide of £100,000. Left unsold it is back at a reduced auction guide of £85,000.
Auctioneer’s Narrative: A former station masters house for sale by auction. Part is in residential use and part comprises the former ticket office, waiting room, parcels/left luggage office & detached Ladies waiting room with toilet (also included within this building is a dismantled sauna/steam room and contents).
Former Station Masters House, Bispham Road, Blackpool, Lancashire
Photo (c) 2015 Courtesy of Mr Steve Daniels
An interesting background piece can be found: Here
Location: Former Station Masters House, Bispham Road, Blackpool, Lancashire, FY2 0SX
Guide: £85,000
Further Details: Click Here
Alternate Archive Details (22 Oct 2015): Click Here
Earlier Auction at £100,000 Guide (Sept 2015) : Click Here
Contact Pugh Auctions Tel: 0844 2722444
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OUCH – Any Helpers?
Unique Property Bulletin Is Free For All Readers
This website is run by volunteers. It is a stand-alone entity run on a not-for-profit basis.
Unfortunately, we just got hit with a very high broadband bill just days after making another computer purchase for backups. Financially: Ouch! The Bulletin is not in financial dire straits (earlier syndicate profits ensure there are reserves to keep it going if the bills get too big) – it’s just that we aim to have this modest enterprise break-even each year without the volunteers having to subsidise it to an unbalanced degree. So if you are in a helpful, generous mood – and especially if this site has helped you, or even just given you some interesting information, possibly sparking the imagination over the years and hundreds of Bulletin editions to follow a unique property adventure, all donations to help keep this website online will make a real difference.
Even just a £5 or £10 Honorarium Donated Will Make A Difference.
Thankyou.
Minor S.O.S., For The Bulletin Website: Please Click Here
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Old School For Just Shillings?
Old School, Ysgol Rhydgaled, Groes, Debigh, Conwy
For those who remember the old pounds shillings and pennies – not to mention farthings, here we have a substantial detached building for not that much more than shillings in old money!
Auctioneer’s Description: A detached former school and caretakers house with additional detached single storey building comprising former classroom/canteen on a site of approximately 0.21 Hectares (0.51 Acres).
Location: Old School, Ysgol Rhydgaled, Groes, Debigh, Conwy, LL16 5SD
Guide: £80,000
Original Details: Click Here
Contact Pugh Auctioneers: 0844 2722444
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Bargain Bank Barn In Bristol
Barn At Watercress Farm, Wraxall, Bristol, Avon
We have had several emails requesting some barns be listed for sale, so to start off our barn-ish flavoured listings for this edition, the bank have nabbed a barn in Bristol. The price seems very attractive. Not much detail, but possibly worth looking into by your own endeavours.
Auctioneer’s Description: Freehold detached barn conversion arranged as two self-contained dwellings.
Location: Barn B, Watercress Farm, Bristol Road, Wraxall, Bristol, Avon, BS48 1NE
Guide: £46,000
Further Details: Click Here
Original Details: Click Here
Contact Barnard Marcus Auctions Tel: 020 8741 9990
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The New Unique Property Syndicate Survey Still Open For Interested Readers…
Unique Property Syndicate Survey: Please Click Here
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Developing An Interest In Barns
Old Agriculture Has Plans For 3 Unique Homes
Old Barns, Sotterley, Beccles, Suffolk
Continuing the mini-theme of barns we have this group of barns with interesting planning permission in place…
Agency Narrative: This group of barns is in a very desirable location in the parish of Sotterely; a small rural village set around 8 miles away from Southwold and 4 miles from Beccles where a comprehensive range of facilities can be found. The area around the barns is wonderfully untouched with a scattering of houses and a gently rolling landscape of agricultural land, hedges and woods.
Old Barns, Sotterley, Beccles, Suffolk
Barn 1 is approximately 110′ by 30’6 and the design allows for a 2 storey conversion with 4 bedrooms.
Barn 2 is approximately 30’9 by 29’6 plus 46’2 by 16’11 with part being 2 storeys and allowing for 4 bedrooms
Barn 3 is approximately 45′ by 46’2 plus 30’2 by 25’3 with aprt being 2 storeys and allowing for 4 bedrooms
Included in the sale is approximately 6.8 acres of land.
Some earlier price guide information and planning permission details/references can be found: Click Here
Location: Goldings Farm Barns, Sotterley, Beccles, Suffolk, NR34 7NR
Guide: £380,000
Further Details: Click Here
Archived Details: Click Here
Contact TW Gaze Agencies Tel: 01379 650 306
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Here’s One Made Earlier
The Courtyard Barn Conversion, Tibenham, Norfolk
As per the old BBC Blue Peter mantra – Here’s one I made earlier. This picturesque property has been very well prepared. An exceptional and beautiful building conversion.
The Courtyard has had much time and planning invested into it. The result is a sizeable home. The proportions were all carefully considered and each room has its filled with character. The use of oak for much of the joinery contrasts with the brick floors, and the door and window furniture is blacksmith forged. Each of the bedrooms has its own en-suite facilities. Living areas are very much “open plan”. This is particularly true in the main wing which has a central kitchen of bespoke units flanked by a living area to one side and a dining area to the other. The main sitting room has been foreshortened and has a central woodburning stove, vaulted ceiling and unusual exposed timbering.
The Courtyard Barn Conversion, Tibenham, Norfolk
Outside The Courtyard is set within approximately 2.87 acres of land (1.162ha). Consisting of garden and fields together with a delightful courtyard enclosed by the house and buildings.
At Unique Property Bulletin we located this “before” report on a barn compound which we think could be the Courtyard before a huge amount of time and care was spent on it. But we aren’t totally sure. Maybe if you have a look and see what you reckon…
What Do You Reckon? Is This The Same Building?
Is this old derelict set of barn building the core of what is now the Courtyard? Answers on a postcard please?
There are many lovely pictures of this barn conversion on the estate agency details as weblinked below.
Location: The Courtyard, Cargate Common, Tibenham, Norwich, Norfolk, NR16 1QH
Guide: £875,000
Further Details: Click Here
Archived Details: Click Here
PDF Brochure & Layout Plan Drawing: Click Here
Contact: 01379 641 341
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Corn Mill Home
Full Workings On View: The Old Cornmill, Bridgend of Lintrathen
Agency Narrative: The accommodation at the Old Cornmill is on three levels with the entrance being the upper most floor comprising hallway, sitting room with balcony off, two bedrooms and bathroom. The middle floor enjoys a spacious hallway with fitted storage, two further bedrooms and second bathroom – with further ensuite bathroom. The lower floor has a spacious living/dining room with wood burning stove and feature mill wheels which can be viewed via a window. There is open access from the living/dining room to the kitchen as well as double doors leading out to the garden ground.
Nice Balcony View Too: The Old Cornmill, Bridgend of Lintrathen
Location: The Old Cornmill, Bridgend of Lintrathen, Kirriemuir, Angus, DD8 5JH
Guide: £299,950
Further Details: Click Here
Archived Details: Click Here
Contact Blackadders Tel: 01224 588913
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Lock Life
Currently Use: 3 Rental Flats
Old Lock Keeper’s House, Perry Barr Locks, Fairview Avenue, Great Barr, Birmingham
Overlooking Tame Valley Canal – Currently Rental Properties
The Future? Possibly this small portfolio may transform to 2 rental properties and one home for you. Quite an interesting thought. A canalside home and effectively an annuity. Well a very useful income.
At the current time this small portfolio of 3 investment properties is located within a Grade II Listed former Lock Keepers Cottage. The current rental income is around £16,200 per annum (£450pcm for each flat).
Location: Old Lock Keeper’s House, Perry Barr Locks, Fairview Avenue – Walsall Road, Great Barr, B42 1LT
Extra Photographs: Click Here
Guide: £219,900 (reduced from £229,900 Old Price )
Further Details: Click Here
Archived Details: Click Here
Contact Cottons Chartered Surveyors Tel: 0121 247 4747
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Advance Notice of Unique Properties
To Be Featured In The Next Bulletin…
For those who are really keen to truffle out an interesting project, we give a little advance notice of some of the content to be featured in the next edition of Unique Property Bulletin. To keep an eye on what might just end up being you next home…
Click Here For Unique Property Bulletin On Twitter
Please Note: Our Twitter account is registered under the shortened name of…
@UniqueBulletin
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Unique Property Competition
For September + October 2015, the Unique Property Bulletin competition prize is a modest £20 of jingle coins. Okay, it isn’t exactly a King’s Ransom, but this is mainly just for the fun of it…-
Please Give The Name & Location of This Unique Building…
The winner is the first drawn from our Competition Box at close of competition on 31st October 2015.
Competition Hint
“Squamata Lifesavers”
We are hoping to encourage the property sleuthing abilities each and every reader has with this edition’s competition. Best wishes and good luck from the Unique Property Bulletin Team
Email free entries to Unique Property Bulletin:-
Click Here For Competition Entry: Contact Page
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Try Before You Buy
The property included within the try-before-you-buy section of the Unique Property Bulletin – is NOT for sale. Our endeavour is to provide a sample, and actual experience of what it would be like to live in any particular genre of unusual abode. This specific listing is for a short-stay break. Our offering for this edition:-
Castellated Chapel
Boulderclough Chapel, Luddendenfoot, Halifax
A picturesque converted chapel with impressive baronial looks.
Well worth considering a holiday break at this interesting place. Not just to recharge the batteries, but there is bound to be some inspiration in the bricks and mortar of this rejuvenated unique building.
Location: Boulderclough Chapel, Sowerby Lane, Luddendenfoot, Halifax, HX2 6JW
Guide: From £40 per night
Further Details: Click Here
Archived Details: Click Here
Contact: 01422 366948
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Architecturally Unique
Please note, each edition we feature the work of a unique architect. These properties are usually NOT currently for sale, but are included to help inspire readers as to the talent that abounds when a good architect’s mind meets the imagination of a unique property person, and something that little bit special is created by the synergy.
Nakagin Capsule Tower
Photograph Courtesy of Jody Meow
Our Top & Commended Architects/Designer For This Unique Property Bulletin Is:
Kisho Kurokawa
8 April 8, 1934 – 12 October 2007
Kisho Kurokawa & Associates
Unique Project: Nakagin Capsule Tower
Location: Tokyo, Japan
Years Built: 1970-1972
Residential tower with a total of 140 capsule units.
Pod Interior – Nakagin Capsule Tower
Photograph © Tomio Ohashi courtesy of Kisho Kurokawa Architect & Associates
Located in Ginza, Tokyo, this amazing concept was years ahead of it’s time. Designed by architect Kisho Kurokawa and built in 1972. A project that has at its core, exchangeability, and recyclability as the prototype of sustainable architecture. Each “pod” is attached to the main tower by four very strong bolts. Resembling clusters of space pods stacked 13 stories tall, the Nakagin Capsule Tower is the world’s first example of capsule architecture. When erected in 1972, tiny prefab apartments were stacked like LEGO around a concrete core. The capsules were designed to be plugged in and replaced when necessary.
Each pod was a micro apartment measuring 4 by 2.5 meters, intended for Japanese businessmen who wanted to avoid a long commute home. Everything came built-in: a bed, a sink, a refrigerator, bathroom, folding desk and even a TV, radio and alarm clock.
1970’s Classic – Pod Interior: Nakagin Capsule Tower
Photograph © Tomio Ohashi courtesy of Kisho Kurokawa Architect & Associates
Video Presentation….
For those who have had their interest piqued with this amazing plug-in pod capsule tower design, there is a very interesting television article…
Please Click On The Picture Above To Watch This Excellent Video Presentation
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This Edition’s Unique Property Feature:-
Mixed Emotions
Frustrated. Humbled. Excited.
Old Water Tower, Doncaster
It’s been an unusual couple of weeks since the last Bulletin. Actually ever since we went online in 2011, the journey at this end of the keyboard has been “interesting”. Given the sort of unique type of property we feature on this website on a regular basis, why is this most recent feeling – mixed emotion – out of the ordinary?
Frustrated
Family members have always found it irresistible to come out and play – to actually bid on some of the properties that land on the old desk here at Bulletin HQ. One genre of building that we have had on our top 10 list for a couple of decades is to buy a was a former water tower. Last year a member of the family bid on the former water tower in Doncaster (pictured above) – and nearly managed to buy it.
How? The family members mentioned, registered with Eddisons Auction and bid for it over a ‘live’ auction telephone link. The guide price was £2,000. After discussions, we reckoned Bawtry Tower was worth considerably in excess of the guide price. So suggested he maybe look at bidding a more realistic £15,000 to £20,000. Even with an eventual £22,500 as his top bid – 10 times the guide – our family member was shocked at the amount Bawtry Water Tower actually sold for: £30,500. This was £8,000 past the personal bidding limit. Though good fun on the day, and even then a close run thing.
That was only half the story. After the new owner had engaged a first class architect, who in turn prepared an excellent conversion proposal, this was given the green light at Planning Permission stage. With the very valuable few sheets of A4 paper and that all important permission, Bawtry Water Tower was entered back into auction. This time Pugh & Co. Guided at £85,000 it made a reputed £105,000. Latest news: Click Here.
Excellent Plans. Valuable Permission: Bawtry Water Tower, Doncaster
Not bad for something with an original guide of £2,000.
To sell after planning permission granted – £105,000
The frustration? Another one slips away. Although a decent amount of money was deposited at auction (in order to be allowed telephone bidding permission) – the end result was Bawtrey Tower in Doncaster got away. Very frustrating.
Since then, there have been several near misses with family members and friends at Unique Property Bulletin bidding or looking to buy property featured on these pages: Dunnet Head Bid Miss and more: Kinfauns Tower Miss.
Binn Hill Tower, Kinfauns
But the most recent that had us deeply fed-up was a former World War 2 Air Control Tower. Originally guided at £35,000, we believed at this guide it was a very good buy. So did family and friends. This building went off of the radar for a while – pun intended – as it appeared to be withdrawn (referenced in the 28 June 2015 – Bulletin). It then reappeared for auction, but we had too little time to sort out the all important due diligence – for example study local sensibilities: here and here. Let alone time to prepare a proper content alert our Unique Property Bulletin Syndicate members.
Air Control Tower, Winkleigh Airfield, Winkleigh, Devon. EX19 8EZ.
The news this week is that this rare and for many, iconic structure from WW2 was guided at £35,000, but sold at auction for an eye watering £122,000 Click Here.
So why the continued frustration? The logic is reasonably sound. Buy at the right price and look to resell to grow a financial unique property nest-egg. Syndicate members joining together to grow each participant’s nest-egg in concert. Do this to the point where sufficient pennies were amassed that at an appropriate point in the series of unique property purchases, a unique building could then be kept for renovation and utilised as a permanent home. The added bonus being that with the aforementioned nest-egg built up over several properties, the eventual candidate building would be owned without mortgage and could then be converted and restored to enjoy. One of the nicest things about the Bulletin and also the Syndicates is the many folk who have a dream of owning the unique property of their desires and had seemed impossible, is, by this nest-egg syndicate growing process – made possible. It is a delight to witness folk finding and managing to fund the purchase of their ideal home.
We know the Syndicate and nest-egg growing adventure principle works. The experiences between 1995 and 2006 are vivid in the mind and well documented. The problem is that somehow, now in 2015, the financial crisis of 2007 seems to have been forgotten and many people are now visiting auction rooms all over the country in what might be described as bidding wars. The result being an over-heat in the prices at these venues.
So what is the answer? We reckon that in order to buy at the right price – outwith the current overpriced auction arenas. Much more sleuthing will have to be arranged. Truffle-search for properties and make offers that are far away from the property auction overheat.
As if the loss of an old WW2 Air Control Tower wasn’t enough of an emotional issue for the writer of this particular edition, we then had something really amazing after the Bulletin of 2 weeks ago – 20 Sept 2015. That was a wonderful level of interest and many replies to our Syndicate Survey.
Humbled
Such has been the level of response to our Syndicate Survey that it is looking very likely we will be taking the collective plunge. Either with a relatively large public limited company share issue – £100,000 to £500,000 size of projects, and/or the smaller method such as applies to the (£32,000) Kinfauns Tower type of project utilising the FCA Property Investment Club rules. The latter likely to be progressed via the growing Crowdfunding type of property finance platform. Though ours will be 100% equity driven as we are not keen on the risks posed by letting a bank have a mortgage on a syndicate asset.
Earlier Syndicate Owned Properties…
Gaswork House, Ailsa Craig Island
Previous Unique Property Syndicate Purchase
£19,000 (2001 price)
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Earlier Syndicate “Also Rans”…
Wentworth Woodhouse
In 1998 a syndicate member suggested we look at buying this humongous property. More out of curiosity than any other factor we inspected it in detail (general background here and here). The sale price in 1998 following bank foreclosure meant it was hovering around the £1,000,000 mark. There was a robust discussion amongst syndicate members whether to buy or not. Tantalisingly there was sufficient funding firmed up by syndicate members to proceed with a purchase of Wentworth Woodhouse. The problem was that this magnificent building required a LOT of ADDITIONAL money in repairs and maintenance. Plus we were particularly uncomfortable with coal mining reports in the near location and a possibility of subsidence, which for such a large property might be a financial bottomless pit as well as physical one! We are not shy when it comes to taking on unusual projects, but there is a huge responsibility when it is a large sum of financial exposure to our friends and group funds. In the Wentworth Woodhouse case we left this Leviathan and chose an alternate project where the risk was much more manageable. Many years later – in 2014 our discretion in leaving Wentworth Woodhouse off of the Syndicate menu was proven fortuitous. Last year the house was informally placed on sale (click here) at with a figure of around £8,000,000. However the house was reported to need works of around £42 million click here.
The Wentworth Woodhouse experience is part of why Unique Property Syndicates – and the recent high level of interest can be so humbling. That folk have faith in what these endeavours are about to the extent that a decent sized number of friends and colleagues are willing to come together and embark on this sort of project.
Please Click On The Picture Above To Watch The Video Presentation
Wentworth Woodhouse: This Video brings home just how much there is to maintain, insure, repair, restore, preserve and heat! There was also a nearby college included into the 1998 deal, but even so, time and inter-period costs between 1998 and 2015 have shown that our decision not to take on such a gargantuan project was likely the best. Still it was an extremely interesting experience to go through – let alone a huge task to get around the vast pile – and well worth studying.
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For the avoidance of doubt, it seems likely we will restart the syndicates (after the 2007-2014 worldwide financial recession) with a smaller project just to get our bearings and also to give new members the grace of getting to know how the old salts of these syndicates have managed previous projects.
Excited
Just One Syndicate Illustrating Some Adventures – Via Rigid Inflatable Boat
Getting There Can Be Half The Fun – Though Most Syndicates Are MUCH More Accessible!
Moving forward with our emotional rollercoaster of the past 14 days. The excitement from last edition’s Unique Property Syndicate Survey is fourfold.
Firstly, we didn’t know exactly how the survey responses would go – would there even be that many? That was a lump of worry used up needlessly. There were dozens of replies. Thank you to all who took the time, interest and effort to revert with a view on these unusual adventures with unique property. We now know we have many dozens of like minded friends, readers and colleagues interested in these unique property syndicate endeavours.
Just One Syndicate Illustrating Some Adventures – Via Kayak
Spectacular & Stunning – A Vision of Adventure
Picture Courtesy of Seakayak Photos
Secondly, whilst this is not a scientific, nor definitive way to assess things, the fact is that within those dozens of replies we have a now ballpark cumulative figure heading towards the half million pound mark. Awesome. Of course the amount of interest in any given syndicate – any specific candidate property will vary. But considering the most recent offer made by our group of friends was at £32,000 for Binnhill Tower at Kinfauns, it is likely that we have a the ability to bring about a group of members to look at many of the projects that feature within the general Bulletin – onsite and offsite (new candidate properties are only circulated to members who have joined the syndicate alert round robin email – “Syndicate Alert” ). The prospect of being able to realistically consider the majority of projects and know these are financially within our arena is genuinely exciting.
Even Old Friend’s From The Mainland RNLI Lifeboat At Girvan Visited on Exercise
Picture Courtesy of James TM Towill
One of these RNLI guys – a lifelong best friend – flies a really scary mode of transport…
Gyrocopter From Ayrshire – My Friend Scares The Bejeebers Out of Me With This
The third reason, and this may seem a little tangential is the heady prospect of driving one of these projects forward with a group of friends. In past syndicates this has been a firm element of the raisons d’être. Whilst it is important to say several syndicate members like a low profile with a remote relationship to a given project, many enjoy the camaraderie that each adventure has brought about. Really, who could not enjoy a the pleasures of an actual railway on a small island!
Ailsa Craig Syndicate: Railway – Part of The Fun
Picture Courtesy of Seakayak Photos
The fourth reason for us to be excited is a little deeper. Each Bulletin is written as carefully as we can manage so that it contains something for all of our readership demographic. From the £10,000 bothy to the multi-million pound stratospheric luxury pad. We know for a fact that amongst some of our readers money will never be a worry again.
Ailsa Craig Syndicate: Railway – Original Use In Olden Days
But here’s the thing: no matter how well placed you might be up the financial tree, whether millionaire, or at the other end, nearing skintsville, there is an almost universal allure about making something useful from limited means.
This is an ancillary experience from the unique property syndicates. We have been privileged to walk along the path of life with friends who have a heart’s desire to eventually own a unique home but lack the wherewithal. Several syndicates further on, and that unlikely dream has been made possible – made real. Very real.
For us, seeing friends and fellow unique property syndicate members progress from relatively modest input, to a space where that hitherto elusive dream home can be made real gives a wonderful and tangible sense of happiness. No matter whether you are starting out with a modest budget and goals, there can be a great deal of enjoyment in dealing greatly until that unique home is where you actually live.
Ailsa Craig Island – An Actual Visitor Helicoptered In
Unusually This Unique Property Syndicate Had The Very Spot To Land On
Whilst the photographs above feature just one unique property syndicate, the majority have been unique. Most are also very much more accessible. All have had exciting elements of adventure.
There is still time to study these and possible register an interest for future syndicate news. For fairly obvious reasons, new candidate properties will only be emailed to those Bulletin readers who have registered for: “SYNDICATE” email alerts – Click Here.
For those who would like to complete a Unique Property Syndicate Survey, please: Click Here.
To read more about last Bulletin’s syndicate article: Click Here
To read more about Unique Property Syndicates in general, please: Click Here
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Unique Property Manual
Helping You Find Your Ideal Home
If you would like some hints on how to lateral thinking can help your Sherlock Holmes-esque search for wonderful property, perhaps consider acquiring a copy of…
Unique Property Manual
Our Friend Marius Ciocanel (Click Here) Kindly Says…
“Ordered this yesterday and it was delivered this morning. Faster than Amazon Prime. Thanks”
To consider purchasing a copy: Click Here
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