Very cheap house at auction - tempted

Doozergirl

It's often up for sale with an agent at the same time and they may accept offers before auction. There's plenty of opportunity to gazump if it is a repo and the price makes sense, obviously.

keep_it_real

:T Hi Guy_Montag

Buying from auction is not for the faint hearted, I can't stress this engough make sure you do your research before evening bidding and have set price in your mind of the Maximimum you are willing to play.

The old favorites from this forum are

https://www.nethouseprices .co.uk [ Check out prices on your street]

www.sionproperties.co.uk [ recieve auction properties by email ]

very useful in selecting the area/type of properties you want plus it will search the UK for you.

www.propertysnake.co.uk [ Prices falling in a given area ]
very useful....

Norma_Desmond

I've got a soft spot for old dilapidated houses - our ancient old place was literally just a shell when we bought it (not at auction though).
We did have a structural survey done and all was fine; I always figure that as long as the walls and roof are OK and it keeps out the rain then everything else can wait - we're still a bit 'work in progress' after three years!

The only thing that would worry me is the mention of mine workings - VERY expensive to even get checked out I would have thought.

Let us know if you find any opium dens; a night in one of those and you won't even care that you've got no roof! :eek: