The chalet was sold in 1984 for £7,500
|
A one-room beach hut in Dorset which measures just 8ft by 14ft has been sold for £100,000.
The brick chalet at Southbourne Beach, Bournemouth, Dorset, with a view over Poole Bay but no toilet, has been sold with 54 years left on its lease.
The hut was previously sold 20 years ago for only £7,500.
Solicitor Joss Payne, who handled both the first purchase and the current sale, told the buyer in 1984 he "was crazy to pay" £7,500.
"But how wrong can you be?" he said.
"That's been a pretty effective investment."
Home
~RS~q~RS~~RS~z~RS~42~RS~)
BBC NEWS CHANNEL
News services
E-mail this to a friend
Printable version
