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  • Home could be yours for just £275,000 – half the price of its neighbours – but it comes with a catch

Home could be yours for just £275,000 – half the price of its neighbours – but it comes with a catch

Published on November 10, 2022 at 12:03 PM

THIS home could be yours for just £275,000 – just half the price of its neighbours – but it comes with a catch.

The home in Brighton suffered extensive fire damage at the start of the year.

This property in Brighton is set for auction next week
It has no windows or roof after a devastating fire
A picture was posted to social media at the time of the fire in May

Just a burnt out shell, auctioneers can’t be sure how many bedrooms the property has.

In a picture of the home at the time, plumes of smoke were seen escaping through the roof – which left a huge hole.

Despite this, the home is still expected to go for higher than the guide price.

Homes in the area roughly go for around £700,000.

So what seems like a bargain, will cost the buyer much more to restore it to living conditions.

Internal viewings of the home aren’t able to take place either so it will be bought sight-unseen.

A description of the property on Rightmove says: “Freehold mid terrace house. Fire damaged.

“The auctioneers were unable to inspect the property at the time of print.

“It is understood that the property comprises three-bedroom accommodation.

“Purchasers are deemed to rely upon their own enquiries as to the internal layout of the property.

“Note: The property is fire damaged therefore internal viewings will not be conducted at the property.”;

The house is on the seaside resort’s Shaftesbury Road, where a three-bed, double-fronted home recently sold for £725,000.

The boarded up Victorian pad with all the windows smashed in will be up for auction on November 16.

Close to local shops, restaurants and Brighton Train Station the area is a motivating factor for purchasing.

At the time of the fire, it was treated as deliberate by police – who were called over fears for a man’s welfare.

Nearby residents were evacuated and one man had to be rescued before being taken to hospital in a “serious condition”;.

it has a guide price of £275,000 but expected to go for more
Homes in the area roughly go for around £700,000
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