Why Buy A Flat When You Can Buy A Mountain?

Lake District Peak for sale.  

Blencathra, also known as Saddleback, is one of the most northerly mountains in the English Lake District. It has six separate fell tops, of which the highest is the 868-metre (2,848 ft) Hallsfell Top. Asking price, only 1.75Mil.

Known as Saddleback due to its distinctive shape, the mountain was dubbed "one of the grandest objects in Lakeland and one of the best known" by Alfred Wainwright.

Red Triangle Marks the Mountain On Sale

Why Is The Owner Selling?
To pay off a hefty tax bill.  The Earl of Lonsdale, Hugh Lowther, has been forced to try and sell the 2,676 acre (1,083 hectares) plot to help pay off the reported £9m tax he owes from his father's inheritance.

"My family have owned Blencathra and its manor for over 400 years, so the sale of this property will be a great loss," he said.

"However, we need to realise capital for inheritance tax following the death of my father in 2006 and our aim is to retain the core portions of the Lonsdale Estates intact as far as is possible."

Want to buy more than 5,000 of me?

The buyer will obtain grazing rights for 5,471 ewes, 732 hoggets, 200 lambs and also be entitled to use the title Lord of the Manor of Threlkeld. The feudal lordship title will also allow the owner to apply to the College of Arms for an individual coat of arms.

What Can £1.75m Buy In London?
Not very much.  Potentially, a one-bedder in Knightsbridge, London.

Who Will Buy?
John Robson, managing director of H&H Land and Property, said: "This really is a once in a lifetime chance to buy one of the jewels in the Lake District's crown, which is being sold on behalf of Lonsdale Estates.

"This is the first time we have handled the sale of a mountain - and what a mountain it is.

"Set in the northern fells of the Lake District National Park, Blencathra's characteristic silhouette is clearly visible over a wide area of northern Cumbria."

What A Mountain!

"They will want to own something in the Lake District that is easily recognisable and it's a similar market to jewellery or a landscape painting."

So Want To Buy Or Not? 
Seriously speaking, I don't think the Singapore Government will ever put up Bukit Timah Hill for sale.  Even if they did, she is just 168M.

Think of the tremendous value you are getting with Blencathra.  A 868-metre (2,848 ft) mountain for just £1.75Mil.  What can SGD 3.5Mil get you in Singapore?  Not very much by way of real estate, and nowhere near a mountain!

Think about it before you make your next property purchase.  This mountain gives you a lot of food for thought.

Share your thoughts here - http://londonproperty.vbulletin.net/forum/london-zone-4-and-beyond/36-mountain-for-sale-in-lake-district

Happy Investing!