Emson readies Martello Tower for onslaught

A Martello Tower at Dymchurch, Kent, and a Georgian manor on the western slopes of Dartmoor will be among 163 lots on offer at Clive Emson’s pre-Christmas sale.

The Martello Tower (pictured above), built in 1806 as part of the coastal defence against the possible invasion from Napoleonic France, is guided at £70,000 to £75,000. It may be suitable for conversion to residential.

The 11-bedroom Grimstone Manor, set in 20 acres near Yelverton, Devon, and including an indoor swimming pool, Victorian folly and walled garden, has a freehold guide of £650,000 to £750,000. It has been used as a training centre and an experimental communal living retreat.

Grimstone Manor

The sale will take place at five regional venues from 11 to 15 December.

It follows Clive Emson’s biggest sale since 2007, which raised £23m from 179 lots offered over five days starting on 30 October.

Managing director James Emson said: “The appetite for property remains undiminished despite the recent interest rate rise, which I’m sure will have only a modest impact on the market.

“There is an underlying resilience in the UK housing and commercial property market that has not been shaken too much by Brexit, the General Election or stamp duty and tax changes and retains overall stability.”

Highlights from the autumn sale included a boarded-up beachfront building in Viking Bay, Broadstairs. Previously a shelter, toilet block and lift shaft, it sold for £350,000, which was £300,000 above guide.

Five residential properties in Liskeard, Callington and Torpoint were sold for Cornwall Council for £407,500.

A frantic bidding war saw land on the desirable Kingswood Estate in Tadworth, Surrey, sell for £285,000, four times the higher freehold guide, while a three-storey former bank building on a corner plot in Stanford-le-Hope, Essex, went for £750,000-plus.

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