Home on edge of UK national park sells for 6,500 times asking price – but there’s a catch

A house set among the stunning beauty of a national was the subject of a five-way bidding war after it was listed at auction for just £1.

But the bungalow in south-west Wales comes with a catch. Selling for an eventual £6,500, the home will keep the buyer occupied by the extensive refurbishments needed, with the bungalow now resembling a pile of rubble and the remains of four walls.

Despite its sorry state, the remnants of this former home managed to pique interest during Paul Fosh Auctions’ latest online auction, ultimately fetching the sum 6,500 times the guide price, reports .

Although situated in a picturesque location by the Bannau Brycheiniog National Park (formerly the Brecon Beacons), it was undeniable that the property barely constituted a house in most eyes.

Nevertheless, the five bidders were able to envision a future beyond the dilapidated, overgrown remains of the Neath Port Talbot bungalow, nestled in the stunning Upper Dulais valley and competed to secure the remarkably affordable property.

Sean Roper of Paul Fosh Auctions said: “Setting the lowest possible reserve price of £1 (one) certainly created interest which carried through into the online sale.

“The bungalow, even from the photographs provided, clearly shows it is in a sorry state of repair, consisting of just the remains of walls, chimney stack and overgrown gardens, offering just a hint of how it may have once looked.

“Located in the village of Dyffryn Cellwen in Neath Port Talbot, 5, Heol Bryn Seion, could well offer a wealth of opportunities for the new owner going in with their eyes wide open,” he said.

“It’s in a lovely location and, as far as renovation or redevelopment goes, subject to obtaining relevant planning permission, could well offer a blank canvas.

“The lot offered a marvellous opportunity to acquire a plot which measures some 572sqm (6,156 sq ft).”

It will be interesting to see what the future of the site will be, which can boast attractive country views, and what building will rise up from the rubble of the existing structure.

It is going to be a substantial renovation project if the new owners manage to revive the existing structure is somehow revived.

Although rural, the village of Dyfryn Cellwen is close to the A4109 and there are road links to Neath, Swansea and the M4.

It is on the edge of the beloved national park Bannau Brycheiniog Brecon Beacons National Park and with the location combined with the listing price the lot attracted 28 bids from five individual bidders before it sold.