I thought I'd tool off to the smoke (London) today to grab myself a property bargain in the smoke (Margate)! All sorts of flats and houses in the Arsonist's Playground are going at knock down prices courtesy of Allsops the auctioneers, who are, er, flogging it at the Cumberland Hotel today and Thursday. Click here for the Margate sale list.
Flats start with a guide price of £25,000-£30,000, and apparently the entire freehold is up for grabs on that lovely, refurbed Royal York Mansions on the Piazza (Parade in old money). There's more about it on the excellent Margate Architecture blog.
I must say that, having been on a bit of a bender in Margate with some millionaire chums over the weekend, things definitely seemed to be looking up. For the first time in living memory, the number of private vehicles going up and down Fart Hill actually outnumbered the cop cars!
Update: Margate Architecture has now published the results of the auction. Click here to view.