The tottering four walled remains of a derelict West Wales listed for sale at £1 (one pound) sold for £6,500 at auction.
Although in a stunning location there was no escaping the fact that the property barely existed as a house in the accepted sense.
Nevertheless, the ramshackle overgrown remains of the Neath Port Talbot bungalow, surrounded by stunning scenery in the Upper Dulais valley, created interest at Paul Fosh Auctions.
Sean Roper, of South Wales-based Paul Fosh Auctions, said: “Setting the lowest possible reserve price of £1 (one) certainly created interest which carried through into the online sale.
“The bungalow, even from the photographs provided, clearly shows it is in a sorry state of repair consisting of just the remains of walls, chimney stack and overgrown gardens, offering just a hint of how it may have looked.
“Located in the village of Dyfryn Cellwen in Neath Port Talbot, 5, Heol Bryn Seion, could well offer a wealth of opportunities for the new owner going in with their eyes wide open.
“It’s in a lovely location and, as far as renovation or redevelopment goes, subject to obtaining relevant planning permission, could well offer a blank canvas
“The lot offered a marvellous opportunity to acquire a derelict bungalow on a plot which measures some 572sqm (6,156 sq ft). Although rural, the village of Dyfryn Cellwen is close to the A4109 and there are great road links to Neath, Swansea and the M4. It is on the edge of the Bannau Brycheiniog (Brecon Beacons) National Park.
“The lot attracted 28 bids from five individual bidders before it was eventually sold for £6,500.”
The next Paul Fosh Auctions online property sale starts from 12 noon on Tuesday, March 11 and ends from 5pm on Thursday March 13.
