Over €119,000 for chalet with no water

OverThere: A lot has been written about rising property values in the UK in recent years but the auction price recently achieved…

OverThere: A lot has been written about rising property values in the UK in recent years but the auction price recently achieved by the Riverside Chalet - just outside the village of Belstone, Dartmoor in south-west England - really takes the biscuit.

Earlier this month, the "chalet" - it's debatable whether it's higher up the evolutionary scale than the average garden shed - sold for £82,000 (around €119,400) within 15 minutes of going under the hammer with 12 people bidding.

The accommodation at Riverside Chalet wouldn't be your typical "all mod cons". It has a corrugated iron roof, wooden walls, a livingroom/bedroom, a kitchen and no electricity or running water. However, the river Taw gushes just a few feet away.

The remote property has moorland on three sides and the 1,800ft Cawsand Becon (one of the moor's highest spots), towering above. It is thought to have been built as an artist's studio in the 1920s.