A pair of combined mid-terrace houses with an incredible 19 bedrooms is going up for auction this month for just £230,000. The vacant Hull property is spread over three floors and is well-situated with several shops and amenities nearby, the Mirror report.
However, it is in desperate need of some serious renovation works, as the building was formerly a residential care home. In May last year, Hull City Council granted planning permission for the property to be refurbished into nine self-contained flats, making it the perfect project for a keen property developer.
The sale is being managed by Auction House London, with open-house viewings being held on October 15 and 22, from 10am to 10.30am. The property is described by the agent as “a pair of vacant mid-terrace buildings currently arranged as a nineteen-room care home” and “offered with planning permission for the change of use from residential care home to nine self-contained flats”.
The hammer goes down on Wednesday, October 26 at a public auction starting at 9am. Auction House London said: "The property is situated on a residential road close to local shops and amenities.
“There are numerous green open spaces that are within easy reach. Transport links are provided by Hull Paragon Interchange rail station.”
Last month, a terraced home with three bedrooms in Staffordshire was being advertised on Zoopla with a guide price of just £25,000 at auction, but that too needed a bit of work. The property features a hall, reception room, kitchen and bathroom on the ground floor with a landing and three bedrooms on the first floor.
It also has gardens, a gas-fired central heating system and UPVC double glazing. Anyone looking to buy a house at auction should make sure they are bidding on the correct property, however, after a young couple bought a collapsing derelict mansion by mistake.
Cal Hunter and girlfriend Claire Segeren paid £10,000 for the wrong property after a lot number mix-up, but decided to keep it and renovate it themselves. Three years later they have almost finished the renovation work on the 120-year-old property in Dunoon in Argyll, Scotland and said they cannot believe what they have accomplished.
He told the Daily Record last month: "It’s all been a beautiful mistake. When we bought the villa, it was in a state of partial collapse, it was subsiding, there were gaping holes in the roof and walls, the timbers were rotten and the land was waterlogged.
"Derelict was too mild a word. Everyone told us we would be better off demolishing it but the house had so much character we felt it would be a sin to level it and start again and we made the momentous decision to give it a go.
“We are both so glad we took the risk. It’s been a huge journey with lots of tears along the way but it has been so rewarding.
“If we can tackle this, we can tackle anything. It’s taken three long and hard years but the life skills we have learned along the way have all been worth it.
"It’s the best wrong turn we could have taken.”
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