It’s well known that you have to dig deep to enter London’s property market, but this lot that sold at auction on Tuesday demands actual spadework.
Marketed as “a vacant front basement suitable for redevelopment”, this was one for investors willing to take a risk on getting the right planning consents. Prospective buyers were told, “There will be no internal viewings due to lack of access (excavation required)”.
Bidding reached £27,000 before the hammer came down. The lot was sold by the freeholder of the property.
http://www.theguardian.com/money/2016/feb/24/south-london-basement-auction
I wouldn't like to live above this work!!
