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No, another investment, and the price was really good so one day it could be a very good one.
The place used to belong to British Waterways (which no longer exists and has been superseded by the Canal and River Trust). Lock keepers were given lifetime tenancies, and the other houses were let out at ridiculous prices.
My parents got a tenancy in the early 80s, initially for £75/quarter, and then bought it in the mid nineties for a single-figure sum as BW took their rent payments into account.
I wonder why they had no money!?
tbc
Gosh. Was he actually buying it to live in?
Who even has lifetime tenancies anymore.