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House hunters have often complained about the inequalities of the housing market. The money that would buy a three-bedroom house in, say, Hitchin, Harlow or Stevenage, would barely be enough to buy an outside toilet in Hampstead.We now have the proof of this assertion. Builder David Rolfe has just bought a loo for £30,000. Its location? Slap in the heart of upmarket Cheltenham.Mr Rolfe snapped up the four-storey convenience from Cheltenham Borough Council and plans to convert it ...

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