The creepy derelict house has been put up for auction at a whopping figure despite being reported as in need of a complete renovation, with exposed pipes, low energy efficiency, and battered exterior
A dilapidated property in Norfolk with blood-red ‘keep out’ warnings is on the market for an eye-watering £325,000.
Despite the three-bedroom house’s ramshackle state, Auction House East Anglia reckons its spacious potential will fetch more than a quarter of a million when under the hammer.
With boarded-up windows and overgrown land strewn with scrap, the property appear at odds with its location – the sleepy village of Blofield, Norfolk. Yet the unsettling graffiti exterior is no match for the house’s grand interior.
The blank canvas inside is likely to be a treat for any expert renovator, with a huge quarter-acre garden and spacious rooms brimming with potential.
Those in charge of flogging it – Auction House East Anglia – paint an optimistic yet honest picture of the Stocks Lane home.
The listing’s description reads: “This three bedroom detached house is in need of a complete program of renovation/refurbishment. Having been in the same ownership for many years and is now to be sold with vacant possession.
“The house is set in a generous rectangular 0.26 acre garden in need of attention. The large plot offers room to extend or redevelop.”
Auction House East Anglia also acknowledge that the property’s water and heating is in need of some serious TLC, with the energy efficiency rating cited as F (the second lowest classification).
However, savvy renovators will likely take a chance on the fixer-upper, considering the growing popularity of the county. Recent findings from a Norfolk city council report have estimated that the area’s population is set to grow 11.3% from 2020 to 2040.
The Blofield property will be auctioned on Wednesday 26th March, with a guide price of between £275,000 and £325,000.
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