House hunters offered the chance to snap up basement flat in south east London ... trends now
House hunters have been offered the chance to get their hands on a basement flat in south east London for just £5,000 - however, there is a big catch that involves a lot of DIY.
If you want to snap up this bargain basement, you'll have to get your tools out and dig it up yourself, as the owners are flogging the rights to carve out a home beneath their ground floor.
Located in Norwood, the 'basement area' on Queen Mary Road is being auctioned off, for a potential owner to excavate it themselves.
Auction House London, who are selling the unique offering, described it as a 'development opportunity to create a lower ground floor flat beneath an existing mid terrace house arranged over ground and two upper floors'.
They added: 'The buyer will be required to excavate the area below the ground floor in order to create a new self-contained flat (subject to obtaining all relevant consents)'.
House hunters have been offered the chance to get their hands on a basement flat in south east London for just £5,000 - however, there is a big catch that involves a lot of DIY
On top of this, the plot is also leasehold only - but luckily there are still 112 years left on the lease.
Thankfully, the auctioneers added that: 'The sale will include freeholder's consent for any work at nil premium'.
However, it's unknown how other residents on the street have reacted to the potential digging that could be in store.
The bizarre offering quickly made its way to social media and has been seen by more than 132,000 people on X (formerly
