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Hammer goes down at 3 times estimate for ‘Grand Designs’ water tower

John Elworthy by John Elworthy
12:46pm, May 14 2023
in News
News for Peterborough - The disused water tower sits on a third of an acre site at Perry, eight miles north west of Huntingdon. It has sold at auction for three times the guide price.

The disused water tower sits on a third of an acre site at Perry, eight miles north west of Huntingdon. It has sold at auction for three times the guide price.

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Channel 4 could well have their sights set on the fate of a disused Cambridgeshire water tower that has sold at auction for three times the expected price.

News for Peterborough - The disused water tower sits on a third of an acre site at Perry, eight miles north west of Huntingdon. It has sold at auction for three times the guide price.
<br />The disused water tower sits on a third of an acre site at Perry, eight miles north west of Huntingdon. It has sold at auction for three times the guide price.

Savills auctions director Jeremy Lamb had suggested the buyer might well be tempted to create “the type of property which would not look out of place on George Clarke’s Amazing Spaces or Grand Designs”.

The 1950s water tower was offered for sale by Anglian Water and sold at auction by Savills for £290,000. It had been marketed at a guide price of just £90,000.

News for Peterborough - The disused water tower sits on a third of an acre site at Perry, eight miles north west of Huntingdon. It has sold at auction for three times the guide price.
<br />The disused water tower sits on a third of an acre site at Perry, eight miles north west of Huntingdon. It has sold at auction for three times the guide price.
News for Peterborough - The disused water tower sits on a third of an acre site at Perry, eight miles north west of Huntingdon. It has sold at auction for three times the guide price.
<br />The disused water tower sits on a third of an acre site at Perry, eight miles north west of Huntingdon. It has sold at auction for three times the guide price.

“Water towers rarely come to auction and this particular one, an architecturally striking concrete building, is set in its own grounds in a leafy location,” said Mr Lamb.

“It’s a blank canvas inside with little more than a characterful wrought iron spiral staircase leading to the tank at the top – and the new owner would need to apply for planning permission should they wish to convert it to residential use.

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“It represents an ideal opportunity for a buyer to put their own stamp on a unique building and create a landmark home.”

News for Peterborough - The disused water tower sits on a third of an acre site at Perry, eight miles north west of Huntingdon. It has sold at auction for three times the guide price.
<br />The disused water tower sits on a third of an acre site at Perry, eight miles north west of Huntingdon. It has sold at auction for three times the guide price.

The disused water tower sits on a third of an acre site at Perry, eight miles north west of Huntingdon.

It is close to west side of Crow Spinney Lane, close to its junction with East Perry Road and on the southern side of Perry.

News for Peterborough - The disused water tower sits on a third of an acre site at Perry, eight miles north west of Huntingdon. It has sold at auction for three times the guide price.
<br />The disused water tower sits on a third of an acre site at Perry, eight miles north west of Huntingdon. It has sold at auction for three times the guide price.

Grafham Water Reservoir is to the north of the village and Plummer Park is to the east.

The tower was sold last Wednesday with Savills reporting the sale “saw strong interest and competitive bidding”.

 

 

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