Fifteen-bedroom house outside New York with supposed potential to make £75 million for sale for just £373,000; could this be America’s answer to Del Boy’s ‘Peckham Springs’?
In October 2014, The Steeple Times featured the £8 million ($10.7 million, €9.5 million or درهم39.4 million) sale of a 26-acre Cotswolds estate complete with its own “high in calcium, low in sodium,” natural spring water producing facility.
Now, for a hell of a lot less in terms of initial outlay, an aspiring Del Boy could produce an estimated return of £75 million ($100 million, €88 million or درهم367 million) in ‘Peckham Springs-esque’ style if they bought a 13.74-acre property in Richfield Springs, New York that comes complete with the potential to make what an estate agent claims to be upto £75 million ($100 million, €88 million or درهم367 million) from a “mineral water aquifer with millions of gallons of water.”
Offered for just £373,000 ($500,000, €441,000 or درهم1.8 million) or £33 per square foot ($44 per square foot, €39 per square foot or درهم162 per square foot), 15-bedroom, 20-bathroom 241 E. Main Street is described as a “single family residence” built in 1900.
Named ‘The Bella Vista’ and lauded as an “iconic Queen Anne style mansion,” the 4-storey building has been used previously as a nursing home and features two “huge mineral spa pools in the basement” as well as a commercial kitchen.
Marketed by Delbert Ball of Keller Williams Mowhawk Valley, the property is described as “in need of some deferred maintenance [and] sold as is,” but having “enormous opportunity potential.”
Water minded entrepreneurs with pound signs flashing in their skulls at the prospect of money flowing like water, however, should be reminded of the December 1992 episode of the BBC’s Only Fools and Horses titled ‘Mother Nature’s Son.’
In it, Derek Trotter (AKA ‘Del Boy’) and his brother Rodney bottle tap water and sells it as ‘Peckham Spring Water.’ Whilst their scam is successful at first, their product becomes contaminated by barrels of an unknown yellow substance they’d dumped in a local reservoir and that becomes the end of that.
A graduate of the London School of Economics, Matthew Steeples is a writer and marketing consultant. He conceived The Steeple Times as a media arena to fill the void between the Mail Online, The Huffington Post and such organs as the New York Social Diary in 2012.
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