A unique property has gone up for sale with a stunning guide price of zero pounds. The spacious basement in Penarth’s Washington Buildings on sought-after Stanwell Road could realistically cost just a couple of hundred pounds.
The basement offers a significant space running through the Washington flats, and auctioneer Sean Roper, of Paul Fosh Auctions, thinks it would be perfect for an apartment, office space, or storage. The unusually long basement is currently being used for storage. For more news on bargain properties in Wales head here.
Mr Roper said: “The basement of the eye-catching Victorian era building could offer scope for all manner of alternative uses, from conversion to an apartment, as an office space or storage, subject to obtaining the relevant planning consents. In Washington Buildings in the heart of Penarth amid a wealth of independent shops and close to the town’s railway station, it’s an ideal location.”
According to Mr Roper, as the property is listed with a guide price of £0, a small bid of up to £500 could realistically secure the lot. It goes up for auction from midday on Tuesday, April 12, with bidding ending from 5pm on Thursday, April 14.
