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Cliff Collapse Near Home on Edge of Cliff Days Before Failed Sale
The three-bedroom cottage drew three bidders but missed its reserve after erosion left the garden beside a 120-meter drop, agents said.
- A Sidmouth thatched cottage failed to sell at auction on Tuesday, July 21, attracting a top bid of $323,000 against a $325,000 guide price, just three days after a major cliff collapse at Jacob's Ladder Beach on Saturday, July 18.
- Devon's coastline consists of soft, unstable red sandstone, leaving the property sitting roughly 40 feet from a 390-foot precipice and susceptible to the unpredictable failures characteristic of the region.
- The property's value plummeted after a 2024 'cliff fall' claimed a portion of the garden, significantly impacting the $900,000 investment made in June 2011, despite normal market valuations between $1.4 million and $2.1 million.
- Witness Kirsty McGregor described an 'almighty crash' as the cliff gave way Saturday, recalling, "I have heard that a few people were very much covered in the orange dust," though no injuries were reported.
- The cottage remains on the market with the reserve price unmet, and it is believed the owner is considering offers and may put it back up for auction at a future date as concerns about continued erosion intensify.
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38 Articles
Alexis Rojas lost his home after the land was completely ceded in the El Cipress sector in Miraflores Alto; while Nicole Jiménez, who lives in the same area, expects the imminent collapse of her home and eventual eviction with her seven-year-old daughter.
·Viña del Mar, Chile
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Total News Sources38
Leaning Left6Leaning Right8Center19Last UpdatedBias Distribution58% Center
Bias Distribution
- 58% of the sources are Center
58% Center
L 18%
C 58%
R 24%
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