This is a character bungalow, with street appeal and close to all amenities.
But this Christchurch property “as is, where is” is not for the faint of heart.
It comes with all the household items including garbage heaps, a car and various household effects.
The elderly owner of the property returns every day to feed her beloved cats, and the piles of empty cat food containers left behind are part of the charm of the estate.
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TLC Realty realtor Trish Lawrence calls it a potential treasure and one of the most run down and intriguing properties she has listed.
âWho knows what the buyer will find when they sift through all of this? ” she said.
The unusual property on the outskirts of town at Thornton St, St Albans will no doubt be captured in a scorching real estate market where listings are slim and demand across the country robust.
It has an assessed value of $ 475,000 but is expected to earn much more.
Listed only this week, Thing was the first viewer to take advantage of natural ventilation through holes in the ceiling and indoor / outdoor flow due to the owner keeping the house open for his cats.
Prospective buyers can also enjoy the infusion of natural light through the dirty windows and stroll through a quirky garden with overhanging trees and lush undergrowth.
The house even comes with its own vehicle, a rusty 1979 Ford Cortina resting under a tarp.
However, the buyer is wary. The big question will be “like or level”.
The 792 square meter section includes a mature, albeit somewhat overgrown, garden and three lodgings.
The main house has not been permanently inhabited for about 15 years and could be considered the ultimate renovation.
The previous owner built two bedrooms at the back of the section and these are in reasonable condition.
âWhat you see is what you get. No guarantees, no insurance but a really good project for someone,â Lawrence said.
“I can’t remember having had such a great property to sell in all of my years in real estate, and I’m sure it will generate a lot of interest.”
She has already been approached by builders, plumbers and people who specialize in buying properties “as is, where is”.
The section would be a good site, Lawrence said, and she expected the developers to take a close look at it as well.
âIt’s not an artist’s delight, but it’s a treasure and someone with a little inspiration, insight and vision could do something really cool with it.
âThese properties are highly sought after. There is a real lack of land. God knows what it will be for.
Lawrence said there was no point in cleaning up the property as a developer could bulldozer the house.
The property will be auctioned at 1:30 p.m. on October 6 at the Wigram Base Hotel.