A canal-side cottage renovation project has sold for more than double its guide price after a bidding frenzy for a “quirky” lifestyle beside the river.
The placid Lock Cottage in Bettws, Newport, was on sale with Paul Fosh Auctions for a guide price of £75,000, but last week the home sold for an astonishing £158,000.
The two-bedroom property beside the Monmouthshire and Brecon Canal which has rambling gardens attracted bids as soon as it first featured online, said Sean Roper of Paul Fosh Auctions.