I Split a [Pounds]50,000 Ransom to Double My Home's Value

Mail on SundayMay 25, 2008

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Summary


Buying a house that nobody else wants can be a dangerous move but to make the biggest profits in property you often have to take the biggest risks.

When John Cotter found his ideal home, at Sandgate, overlooking the English Channel near Folkestone in Kent, he thought the [pounds]500,000 asking price was a steal.

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Extract


I Split a [Pounds]50,000 Ransom to Double My Home's Value

But there was a good reason. The owner, along with his 16 neighbours on the small, private estate known as Temeraire Heights, were embroiled in a...

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