Jump directly to the content
PAD FOR A POUND

Block of 10 apartments with gorgeous views of the Welsh countryside could be yours for just £1

The block of flats can be found in the picturesque village of Pantygog, near Bridgend, South Wales

A BLOCK of ten flats is going under the hammer for just £1.

Auctioneer Marc Morrish said he will begin bidding at this amount and there is no reserve.

 Each of the flats can be purchased for as little as 10p
3
Each of the flats can be purchased for as little as 10pCredit: Wales News Service

He added: “If no one else bids, the flats will be sold for this.”

The vacant one-bed pads with country views are being sold by a housing association.

Mr Morrish, of agents Seel and Co, admitted the properties require cosmetic work inside plus some external repairs.

But he said: “The association wants to ensure that the block is sold, hence the £1 guide price and no reserve.

 The properties boast stunning views of the Welsh countryside
3
The properties boast stunning views of the Welsh countrysideCredit: Wales News Service
 The block of flats requires some cosmetic work
3
The block of flats requires some cosmetic workCredit: Wales News Service

“I think the eventual winning bidder will be an experienced property developer or builder.”

The block called Yr Hafan — The Haven — in Pantygog, near Bridgend, South Wales will be sold in Cardiff on May 21.

The block is being sold as 10 vacant units and it has been vandalised in the past, the site is now secure.

It would be up to the new buyer to get the central heating and electrics checked by qualified professionals as one of their first tasks before refurbishing and renting the property.

Four-bed Doncaster house on sale for £15,000 – but it looks like a ‘war zone’ inside
  • GOT a story? Ring The Sun on 0207 782 4104 or WHATSAPP on 07423720250 or email [email protected].

 

Topics