This terraced three-bedroom house in Cardiff, Wales, is up for auction with a reserve of £20,000 (Picture: North News & Pictures Ltd )
Up for auction at £20,000, this three-bedroom terraced house in Cardiff, Wales, seems like an absolute bargain on first glance.
But do wait until you see inside before you get too excited.
While the property looks perfectly fine from the outside, when you enter you’ll discover why the starting price is so low.
The home is described as ‘in need of a makeover’ – which might be an understatement.
It’s filled with so much clutter you can barely see the floors, so will need a massive clear-out before you could have a hope of moving in.
Then there’s the wallpaper, which is peeling off and appears to have mould in some parts of the house.
Yes, that is mould you can spy (Picture: North News & Pictures Ltd)
The successful bidder won’t just get the house, but all the clutter inside… including those dolls (Picture: North News & Pictures Ltd)
And you’d need to give the interiors a good scrub (Picture: North News & Pictures Ltd)
The carpets are grubby and stained, while in the kitchen, paper hangs from the ceiling and cupboard doors sit off their hinges.
Out in the back garden you’ll find a thorny jungle, as the plants are so overgrown you’d have to wade through the leaves and branches.
You should only buy this place if you’re ready for a major cleaning, tidying, and renovating project, basically.
The vendors hope the low price will attract lots of interest (Picture: North News & Pictures Ltd)
The kitchen could do with a full renovation (Picture: North News & Pictures Ltd )
That butterfly wallpaper is cute, though (Picture: North News & Pictures Ltd)
But if you are willing to put the work in, the listing reckons you could generate a ‘handsome income’ by renting the property out.
The house sits in a popular area of Cardiff and is just one mile from Cardiff Queen Street Station, so location-wise it’s pretty great.
Jim Demitriou, the national valuer for SDL auctions said: ‘The successful bidder will get everything that’s inside the home.
‘It saves the owner the trouble of clearing it out. That’s why it is more suited to an auction.
There are three bedrooms (Picture: North News & Pictures Ltd)
Auctioneers think a buyer could make a ‘handsome income’ by renting out the home (Picture: North News & Pictures Ltd)
They also suggest splitting the house into two flats (Picture: North News & Pictures Ltd)
‘The fact that it’s messy means that it stands out, it gets your attention.
‘We’re here to make the property sell, the more interest, the more people bid.
‘We’ve had a lot of interest in it. We’ve got about 90 people waiting to view it and about 40 registered to bid.
‘We’ve got a highly motivated vendor who wants to make sure it does sell.
‘It’s a great opportunity. You can renovate it and live in it, or you can rent it out but if you are looking to make money you can turn it into a multiple occupancy by splitting it into two flats.
We guess it could make a great project for someone who likes cleaning (Picture: North News & Pictures Ltd)
…and gardening (Picture: North News & Pictures Ltd)
‘Splitting is where a buyer may go with it. If you look on that street, other houses that are exactly the same that have been split into two flats, they’re selling anywhere between £120,000 and £130,000.
‘It’s been empty for about three or or four years. The home belonged to the vendors’ mother, who passed away. It wasn’t their family home, so they’re not emotionally attached to it.’
If you’re keen to nab the house, set your alarms for 10am on July 29, when the National Property Auction will begin.
You’ll need to make sure you’re registered, though – and registration will close at 12pm the day before.
Best of luck. We do hope you’ve got a good stash of cleaning supplies.
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