In one example of the rising property prices in the UK, a beach chalet in Devon has just been sold for £91,000. The chalet is made of timber and has a tin roof. It was originally thought the chalet would sell for £40,000 but it appears to have fetched a great more. It does, however, have planning permission to build a two-storey chalet on the site, so has the potential to be a good investment for the London buyer.
