Reply to: 20,000 square foot mansion and seven acres for sale in Gloucestershire for £500K

[BR14]

Here's a hypothetical question. How much would the place be worth if it was in tip-top condition? Three million at least I'd say, and perhaps A lot less being so close to Brum.

So if someone with the money bought it for £500K and paid a competent builder, say, two mill for renovating it (which I presume would be adequate to cover the essentials and probably more) then they'd still be ahead.

FTFY

[OwlHoot]

Here's a hypothetical question. How much would the place be worth if it was in tip-top condition? Three million at least I'd say, and perhaps more being so close to Brum.

So if someone with the money bought it for £500K and paid a competent builder, say, two mill for renovating it (which I presume would be adequate to cover the essentials and probably more) then they'd still be ahead.

[SimonMac]

You have to love the Mail Online and it's comments

Sensible French people realise that Britain doesn't get anything from the EU. We are net contributors to the tune of £billions each year.

Perfect for housing 500 refugees with the condition they renovate it to it's former glory.

[Lockhouse]

Watch The Money Pit for how the renovation will go.

They forgot to mention in the Daily Mail advert "buyer must be 420 friendly", the acreage is the amount of grass you'll need to be smoking to buy that place.

Great cross-threading.

[Hobosapien]

Watch The Money Pit for how the renovation will go.

They forgot to mention in the Daily Mail advert "buyer must be 420 friendly", the acreage is the amount of grass you'll need to be smoking to buy that place.

[clearedforlanding]

That'll be bought as a wedding venue, done up and then charge 10k per wedding.

I knew you would pop the question. Congratulations!

[MarillionFan]

That'll be bought as a wedding venue, done up and then charge 10k per wedding.

[BlasterBates]

I remember a programme on the BBC about a group who clubbed together and bought a stately home in Scotland. It was rather painful watching them spend all day in a corner of one of the hundreds of huge rooms fixing holes and replastering, and then all huddling around a gas fire in the kitchen, after several months hard work and no visible progress it became clear that their project had turned into a nightmare. Do you spend all day trying to renovate one of the pillars in the court yard or weed a small corner of the 15 hectare garden.

[Lockhouse]

Too much aggro owning a pile like that. Spend my whole life worrying about it or working on it - no chance.

[OwlHoot]

Next year's news, oops it caught fire during refurbishment

Very true, and shortly followed by a planning application for a housing estate

[Paddy]

Next year's news, oops it caught fire during refurbishment

[OwlHoot]

You might want to reconsider that appraisal.

https://historicengland.org.uk/advic...st-entry/46931

Rough translation, it's falling apart.

Hmm, sounds like the ideal buyer would be someone who was a handy carpenter

Set up a workshop in one of the outbuildings, and start churning out a shed load of window frames and windows

or someone like this guy, Dick Strawbridge :

Escape to the Chateau

[WTFH]

Rough translation, it's falling apart.

... and it's Grade 2 listed, so doing anything to it is going to be difficult/expensive.

[TwoWolves]

Ribbesford House in Bewdley, Worcestershire.

[DaveB]

Crikey, if I had the money spare I'd certainly bid for it (although £500K is only the reserve price).

2018-03-07 Twenty-bedroom country mansion where Charles De Gaulle trained Free French soldiers ahead of D-Day landings is set to sell for £500,000

Probably needs a fair bit of work, but I'd just leave all that, unless water was literally pouring through the roof.

Even if the main house was practically uninhabitable (which doesn't look the case) there's loads one could do with all those outbuildings.

You could forget getting a mortgage though, because houses with annexes or adjoined dwellings are practically unmortgageable

You might want to reconsider that appraisal.

https://historicengland.org.uk/advic...st-entry/46931

Mid C16 country house with late C17 and early C19 alterations. The building is largely unoccupied and has been neglected for many years with significant areas open to the elements. Urgent works are required in order to prevent further deterioration.

Rough translation, it's falling apart.