Derelict bungalow fetches double sale price

The one-bedroom bungalow in Bradford requires renovation, according to the listing

An run-down council-owned building has sold for more than double its asking price, a local authority has said.

The one-bedroom bungalow on Park Lane in Bradford was described as "vacant and requiring renovation" and was listed for £48,000.

But Bradford Council confirmed it was bought for £102,000 at Pugh Auction.

One of the conditions of the sale is the new owner must "renovate the property to a habitable condition" within 12 months or it can be taken back.

Bradford Council has a policy of issuing compulsory purchase notices - a legal process that allows certain bodies to acquire land or property without the owner's consent - on long empty properties to bring them back into use by selling them at auction, according to the Local Democracy Reporting Service.

But the low prices often come with certain stipulations.

On the listing it said: "In the event of default, the council will have the option to buy back the property.

"The buyer will not be able to sell the property whilst the restriction is in place and up until the restriction has been removed with the council's consent."

Pictures of a different property in Riddlesden that recently sold show several rooms full of rubbish

The listing added: "During the renovation period, the buyer is to maintain contact with the council with regards to progress of works.

"The buyer is expected to reasonably co-operate with officers to facilitate site inspections."

Meanwhile, a semi-detached house filled with rubbish was put up for auction with a guide price of £100,000 last year.

A listing for the house in Scott Lane West, suggested while it contained "a large amount of rubbish", once renovated, the property would make "a pleasant family home".

It was later sold for £153,000,also by Pugh Auctions.

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