A terraced house by the Welsh valleys that went up for auction with a guide price of nothing has sold for £50,000.
The three-bedroom, burned-out shell in New Tredegar, Caerphilly county, had 15 people bidding on it.
Before going under the hammer, it was described as being “in a very sorry state of repair”, but that did not put off potential buyers.
Andrew Kidd, a 58-year-old landscaper from Newport, had the winning bid of £50,250 after the bidding closed on Saturday and said : “I would have liked to get it £10,000 cheaper but I thought it was worth £50,000 all day long”.
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