Story thread · 2 reports / 2 sources

Posh £1.2million newbuild flats in UK town dubbed ‘Chelsea-on-Sea’ left unsold for over a year as developer goes bust

thesun.co.uk · 12h · first reportShare

A DEVELOPER who built a posh block of flats in a UK town dubbed "Chelsea-on-Sea" has gone bust after losing a bid to overturn a ban on second home owners. The four new-build homes in Salcombe, Devon, failed to sell after being listed for £1.2million amid claims it is because locals cannot afford to live...