The picturesque cliffside cottage in Sidmouth, Devon, boasting stunning sea views and a thatched roof, remains unsold despite its high market value.
Located just 40 feet from the cliff's edge, the three-bedroom detached home is listed at over £1,000,000. However, its proximity to the cliff has proven to be a significant drawback for potential buyers.
The property's current owners paid £695,000 in 2011, and the normal market value is listed between £1,100,000 and £1,600,000. Despite a reservation price of just £250,000, only three bidders put in an offer, with the highest being £249,000.
The area is known as the Jurassic Coast, famous for its fossils and soft red sandstone cliffs. The cliffs in this region are known to collapse suddenly, and the property has already suffered a cliff fall in recent years.
The regular rockfall is thought to have deterred potential buyers, with the council frequently closing nearby beaches due to spontaneous rockfall from the cliffs above.
The current owner is seeking new offers and may put the property up for auction again in the future. The listing highlights the property's unique features, including its imaginative circular design, bespoke integrated kitchen, and stunning coastal views.
The mature landscaped gardens provide exceptional privacy and seclusion, with terraces, an ornamental pond, lawns, and colourful planting all enjoying breathtaking coastal vistas.
A garage and extensive driveway parking complete this rare opportunity to acquire one of Sidmouth's most iconic and beautifully positioned homes.
