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The 3-bed property in the popular Cornish coastal town of Looe comes with stunning views of the harbour, and a guide price of just £55,000.

The house is made of non-standard construction materials, meaning it can only be considered by cash buyers as it is normally not possible to get a mortgage.

The gain is only deferred and if you realise any gains within the trust these are taxable.

Most trusts work in a similar way to gifting, in that they will be considered a part of your estate if you die within seven years of locking the money away, after which it will fall outside of inheritance tax.