Despite a barely recognisable South Wales valleys bungalow being overgrown and derelict and attracting a guide price of £nil, buyers flocked to bid.
Sean Roper, of Newport-based Paul Fosh Auctions, says although undergrowth has enveloped the building bidders flocked to bid on the dilapidated property in the Upper Dulais Valley, in South Wales.
“Bidders looked beyond the state of the building and the guide price of £nil and could see the potential for the former bungalow in its enviable location near to a national park.
“Viewing did prove to be a challenge as an access path had to be cut through overgrown brambles, bushes and bracken, just to reach the derelict bungalow which is in a unsafe condition. And although bidders were advised not to look inside, due to the dangerous condition of the building, they remained undeterred.”
“It’s the ramshackle nature, added to its position on the edge of the stunning Bannau Brycheinog national park, that ultimately proved a great attraction to many and in the end saw half a dozen bidders battle it out to win the property prize.
“Located in the village of Dyffryn Cellwen, in Neath Port Talbot, 5 Heol Bryn Seion, could offer a wealth of opportunities for the new owner going in with their eyes wide open.
“It’s a marvellous opportunity to acquire a derelict bungalow on a plot which measures some 572 sqm (6156 sq ft). Although rural, the village of Dyffryn Cellwen is close to the A4109 and there are great road links to Neath, Swansea and the M4.
“The fact that the place had a guide price of £nil may well have been an attraction but I think the bidders saw the true potential for the location and placed their bids accordingly.
“Eventually after the six individual bidders had lodged a total of 45 bids the property sold for £10,500.”
