Revealed – 2019’s most unusual property trends
Raffling £multi-million homes, interiors untouched by modernity and ‘try before you buy’ deals are some of the stranger housing trends tipped by the Evening Standard Homes & Property to be big in 2019.
Luck of the draw
As a gimmick to generate interest in hard-to-sell homes, property raffles have been around for a while – many took place after the crash of 2008. But, according to Homes & Property, 2018 was the year that saw them really take off.
Examples range from a £1m Angel conversion flat to a six-bedroom new-build property in Hampshire. Raffle tickets for the various draws start at £2, rising to £25 for a Maida Vale mansion block apartment. Former F1 boss Eddie Jordan also got in on the act, raffling his Tooting flat through a spot the ball competition.
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It’s hard to say whether the stunts will pay off, but some raffle holders have encountered problems; failing to sell enough tickets and struggling with gambling regulation and payment platforms.
Life’s a beach
The cost of beach huts at trendy seaside retreats has long been a talking point. However, 2018 saw a Dorset beach hut, with no electricity or toilet, sell for a record-breaking £300,000. Meanwhile, in Margate, a beachside toilet sold for £400,000. The loo came with planning permission to convert it to a beach house, in the hip seaside town within easy reach of London.
Try before you buy
Buyers of some high-end London mansions are being offered the chance to try out the luxury properties by renting them before committing to a sale. They include a £76.5 million property close to Buckingham Palace, rented out on a trial basis for £47,000-a-week.
Step back in time
With light and airy kitchen extensions and neutral interiors the norm on any property website, it’s hard to believe you can still find places where the décor is stuck in a previous era. But so-called ‘time warp homes’, which have remained untouched for decades, have been generating a distinct buzz. Time warp properties which sold last year include an authentic 1940s house, complete with garden bomb shelter and an Art Deco seafront home with many original features.
It’s thought buyers are drawn to the properties through an interest in history; in a quest for a simpler way of life or to create an experience property to rent on Airbnb.
Read about these and other weird housing trends in Homes & Property.