Three bed-home filled with junk and mess up for auction for £20,000

Trash in the attic! Three bed-home filled with junk and is so messy you can barely see the floors goes up for auction for just £20,000

  • Images advertising the house in Cardiff show wallpaper hanging off mouldy walls and overgrown garden 
  • Described as ‘in need of a makeover’ property is said to offer the successful bidder a ‘handsome income’ 
  • The house is located in a popular area of Cardiff and is just 1 mile from Cardiff Queen Street Station. 

A three-bed home is up for auction for a mere £20,000 but is mouldy, in desperate need of repair and is so untidy you cannot see the floor.

Images advertising the terraced house in Cardiff, Wales, show wallpaper hanging off mouldy walls and a completely overgrown garden.

Described as ‘in need of a makeover’ the period property is said to offer the successful bidder the opportunity to generate a ‘handsome income’ once it has been renovated.

The house is located in a popular area of Cardiff and is just 1 mile from Cardiff Queen Street Station

This three-bed home is up for auction for a mere £20,000 – but is in dire need of a tidy up as its rooms are so messy you can barely see the floors

Jim Demitriou, the national valuer for SDL auctions said: ‘The successful bidder will get everything that’s inside the home’

Images advertising the terraced house in Cardiff, Wales, show wallpaper hanging off mouldy walls and a completely overgrown garden

The house is located in a popular area of Cardiff and is just 1 mile from Cardiff Queen Street Station.

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.

SDL Auctions said: ‘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. Splitting is where a buyer may go with it’

The National Property Auction will commence at 10:00am on July 29, registration for bidding will close at 12pm the day before

‘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.

‘By guiding it low, we’ll get more interest.

‘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. Splitting is where a buyer may go with it.

‘It’s been empty for about 3 or 4 years. The home belonged to the vendor’s mother, who passed away. It wasn’t their family home

Other houses that are exactly the same that have been split into two flats, are selling anywhere between £120,000 and £130,000

The property has generated a lot of interest as about 90 people waiting to view it and about 40 registered to bid

‘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 3 or 4 years. The home belonged to the vendor’s mother, who passed away. It wasn’t their family home, so they’re not emotionally attached to it.

‘Sometimes when it’s a family home people tend to feel like they’re giving away, but this vendor doesn’t.’

The National Property Auction will commence at 10:00am on July 29, registration for bidding will close at 12pm the day before.

Source: Read Full Article