01 August 2024 , 07:37
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A rundown pair of flats which were listed at auction with a starting price of just £1 have sold for a mega six-figure fee after buyers spotted a hidden potential
A house listed for auction with a starting price of just £1 has surprised an estate agent after selling for a six-figure fee.
Pattinson of Newcastle had previously showcased the property on TikTok - a pair of modest-size flats in the city which appeared to have been ransacked inside. The previous occupants’ belongings - several of which were items from the 1990s - had been left scattered throughout the building, with each room seen fallen into a state of disrepair.
Surprisingly, Pattinson later told the Mirror: "We had a lot of interest in the sale to the point we ended up bringing the auction to a close sooner than originally planned. The property sold for £100,000 exactly with 98 bids."
Now in an Instagram post they expressed delight at the sale and said: "We are pleased to say we have a very HAPPY SELLER due to the fantastic work of our auction team, and we have achieved the seller a whopping £100,000 for this pair of flats after almost 100 bids from interesting parties!"
Beginning at front of the Newcastle Upon Tyne building, Pattison’s TikTok clip promoting the flats showed an overgrown hedge concealing the majority of the building. It set the tone for what could be seen inside, with a kitchen featuring a TV and printer on the workspace next to the stove. The floor had been left littered with cardboard packaging and polystyrene as though someone installed some new appliances just before their departure.
The living room contained piles of broken furniture and rubbish – with no carpet visible whatsoever thanks to the mess. A framed picture of Jesus sat on the floor of the room, which had also been littered with vinyl records, CDs and board game boxes.
@pattinson_ea For Sale via Pattinson Auction in Elswick, Newcastle upon Tyne #elswick #forsale #property #keithpattinson #estateagents #newcastle #newcastleupontyne #propertytour #propertyinfluencers #hometour #housetour #auction ♬ Walking Around - Instrumental Version - Eldar Kedem
What resembled an office included what appeared to be an old computer with a bulky 90s monitor, while paperwork covered the floor beneath a large window and its ruined blinds. The clip then pans to a bathroom full of mould and grime before TikTok users are treated to a rear view of the building.
There, damaged brickwork surrounded wooden window frames which require more than a lick of paint. Other windows had been boarded up while another is covered by a ruined curtain. Elsewhere, a bedroom looked largely untouched, filled with piles of VHS tapes and an old CRT TV. The listing concluded with a utility room with broken cupboards and more rubbish including an open can of beer.