A property near Bannau Brycheiniog National Park, initially priced at £1, sold for £6,500 after a bidding war.
The bungalow is in southwest Wales. It sold for £6,500, but needs lots of work. It’s basically rubble and four walls. Despite its condition, it got interest.
Paul Fosh Auctions held the online auction. The final price was 6,500 times the starting price. Wales Online reported this.
The location is scenic, near Bannau Brycheiniog National Park. But it was hard to call it a proper house. Five bidders saw potential. They wanted the affordable property. It’s in the Upper Dulais valley, Neath Port Talbot.
Sean Roper said the low price created interest. It helped the online sale a lot. The bungalow’s state is very bad, photos show. Only walls, a chimney, and wild gardens remain. It hints at its former look.
The address is 5 Heol Bryn Seion, Dyffryn Cellwen. The new owner could find many opportunities. They must know the work involved.
He said its location is lovely. Renovation or building is possible. Permission is needed first, of course. It’s like starting with nothing.
The plot is a great opportunity. It measures 572 square meters or 6,156 square feet. The site’s future will be interesting. It has nice country views. What will rise from the rubble?
Reviving the existing building means a big project. New owners must plan a lot. Dyfryn Cellwen is rural but near the A4109. Roads connect to Neath, Swansea, and the M4.
The park and price drew 28 bids. Five people bid on the property.