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First £1m home sold in Alderney

Posted Wed 4th March 2009 at 10:00

A property which looks out towards the French coast has become the first home in Alderney to be sold for more than £1m.

Situated in 1.5 acres of greenbelt on the eastern side of the island, Houmet Hourbe also overlooks the fort it was named after.

The property was sold this month for £1.55m.

Originally a granite cottage, it was extensively renovated and extended in the early 1990s by Sir Bernard Ashley, cofounder of the Laura Ashley brand.

The property now has three bedrooms, an entrance hall, reception room, kitchen, dining room, lounge, utility room, conservatory, kitchenette, sewing room, office, double bedroom with en-suite, master bedroom with en-suite, double bedroom, integral garage, double garage and extensive gardens.

Francis Simonet, proprietor of Alderney Estate Agency, sold the property.

Mr Simonet says the sale proves the island is still attractive ? even during a global economic recession.

Mr Simonet said: "We are delighted to have been instrumental in bringing buyer and seller together. This sale sets a new level for

Alderney property and we are particularly pleased that this sale has been completed in a difficult economic climate.

"Everyone is aware of the effect that the present recession has had on the property markets worldwide. However, it is encouraging to note that we have continued to sell island property at good prices since the onset of the credit crunch and we are, at this moment, processing other sales that are expected to be completed during the next two months."

Mr Simonet thinks the property market will remain active in the coming months.

He said: "It is our view that although sales will be harder to achieve during 2009, the market will remain active and that there will be good opportunities for both buyer and seller."


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