BBC News
watch One-Minute World News
Last Updated: Wednesday, 26 September 2007, 15:25 GMT 16:25 UK
Devon beach chalet fetches £91K
Beach hut at Teignmouth
The hut, marked in red, was sold by a local GP
A beach chalet in Devon has fetched £91,000 at auction, more than twice its estimated value.

The hut, near the harbour at Teignmouth, is one of a number which rarely come to the market as they tend to remain in families for generations.

Rendells, which estimated the hut would sell for £40,000, sold the 25ft x 9ft building to a buyer from London.

"We knew it would do well, but this is a very good price," said Clive Morgan, a partner in the auction house.

The chalet, which looks up the estuary to Shaldon bridge, is made principally of timber under a tin roof.

Planning permission has been granted to create a two-storey chalet on the site, which is being sold by a local GP.


VIDEO AND AUDIO NEWS
Experts say it is indicative of rising property prices



SEE ALSO

RELATED INTERNET LINKS
The BBC is not responsible for the content of external internet sites



FEATURES, VIEWS, ANALYSIS
BBC Romanian's unease at reading her own secret file
A decade of big TVs, handbags and coffee cups
Bold visions from Europe's new space telescope

PRODUCTS & SERVICES

Americas Africa Europe Middle East South Asia Asia Pacific