Fri. Nov 22nd, 2024
alert-–-charming-two-bedroom-house-up-for-auction-for-just-10-–-but-there’s-one-major-catch-that-might-make-you-think-twice-about-biddingAlert – Charming two-bedroom house up for auction for just £10 – but there’s one major catch that might make you think twice about bidding

A house which stands near the scene of a major landslide at the top of a cliff has been listed for auction – with bids starting at just £10.

The vacant two bedroom semi-detached house is adjacent to the spot where 16 hectares (40 acres) of land fell away in a dramatic collapse in Ventnor, Isle of Wight, last December.

The landslide caused devastation when residents from 20 houses were initially forced to leave, with some still waiting to be allowed to return.

This property is ‘requiring refurbishment’ and is only available to cash buyers, according to its listing on First for Auctions.

However, it adds that ‘only minor structural damage is apparent to the building and site itself’.

The landslip forced the Isle of Wight Council and Island Roads to close Leeson Road, where the property is, until it was deemed safe enough to open it.

In July it finally reopened, although more works are scheduled to take place as the council extract core samples for testing and to help build a picture of the geology in the area.

The listing adds that internal viewings ‘will not be possible’ and auctioneers ‘have not inspected the property’.

Prospective owners will be able to bid on September 27, when the online auction will take place.

The island has a history of landslides most notably with The Great Cliff Fall in 1928, and devastating incidents at Blackgang in 1978 and 1994.

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