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Bargain house for sale at only £50,000 with just one flaw - it doesn't have any rooms

Mirror Mirror 19/10/2016 Dominic Smithers

Credits: Manchester Evening News

Credits: Manchester Evening News
© Provided by Trinity Mirror Plc

If you're a fan of Grand Designs then you could be in luck, with this large house up for auction next week for just £50,000 ($84,000 NZD)

So what's the catch?

Well, it might be less Grand Designs and more DIY SOS, after extreme fire damage has left the property requiring full renovation and repairs.

In theory, the house in Moston, Manchester, has three 'bedrooms', although the damage was so extensive they are indistinguishable.

And according to the advert, potential buyers 'will be requested to sign a safety disclaimer before entering'.

Current owner, Shah Ali, 45, has only owned the property a short time and believes the property could have been empty for over two decades.

He told the Manchester Evening News : "I have only owned the property for a month, but think it's been empty for about 20 years.

"When the property was checked, there hadn't been a gas reading in 20 years, so maybe it's been empty even longer than that.

"We were going to do it up but it would have cost us a lot, so we're putting it back into the market.

"We were planning to turn it into flats but the council refused the application, they said that there were too many flats in the area and they want to keep it as a house."

Despite the scale of the project and the obvious dangers in even trying to view it, auction house Edward Mellor remain confident that the right person will be able to save the house.

Auction Consultant at Edward Mellor, Andy Thompson, said: "We’ve had a steady flow of interest in this lot. As the photos show, the property requires significant refurbishment and isn’t for the faint hearted.

"But whilst this level of work will put off the less experienced investor, we are currently working with a number of interested parties and as such I don’t foresee there being any difficulty in finding a buyer at next week’s auction."

The auction takes place on Wednesday 26 October at the AJ Bell Stadium from 1pm.

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