Latest news with #biddingwar
Daily Mail
29-05-2025
- Business
- Daily Mail
Britain's most disgusting house full of beer bottles, filth and rubbish goes on the market for £300,000 after the mother of all clean-up jobs
A house once branded Britain's most disgusting house, overflowing with beer bottles, filth and rubbish, has undergone an extraordinary transformation and is now on the market for £300,000. Thousands of beer bottles, cans and plastic cartons were stacked in towering piles in the living room of the three-bedroom home. From the outside, the home had a forgotten, even haunted impression with thick ivy running wild, snaking its way around the sides of the property and creeping over the roof and windows. Stepping through the front door, potential buyers were met with a chaotic scene of newspapers, plastic bags, and assorted debris scattered everywhere. Beneath their feet, the floors were buried beneath a thick, layer of carrier bags, discarded milk cartons, and decaying food wrappers, creating an unsettling mosaic of neglect. Some rooms were so cluttered and blocked off that no one had been able to fully enter them. This was bound to be the sort of transformation which would take more than just a pair of rubber gloves, a bin bag, and some elbow grease. And yet, in spite of the overwhelming squalor and the mountains of rubbish choking the floors, this forsaken dwelling ignited a fierce bidding war when it went under the hammer in November 2021—proving that even the most disgusting homes can hold a glimmer of hope. LIVING ROOM, BEFORE AND AFTER: Thousands of beer bottles, cans and plastic cartons stacked in towering piles the living room of the three-bedroom home OUTSIDE, BEFORE AND AFTER: Thick ivy grew out of control and wrapped itself around the side of the house and along the roof and windows Bidding began at £110,000 and buyers placed offers in £5,000 increments before a proxy bid saw the auction soar to £145,000. But it has now undergone a major transformation into a stunning family home with a modern kitchen and vibrant rooms. It has been rewired and even has a new roof too. And now, as the house is about to hit the market again, new pictures have emerged of a completely transformed property. The current owner has transformed the once dilapidated house into a stunning family home with ample living space and a large corner garden. The house, in Plymouth is on the market with Purplebricks and advertised on Rightmove. It has an asking price of £300,000 - over double what it sold for its previous state. The house had fallen into disrepair after its owners had died and their son was unable to cope with the upkeep of the property THE LANDING: And when potential buyers stepped inside the front door, they were greeted with newspapers, plastic bags and other debris The old listing read: 'The property requires renovation and remedial work throughout.' The new one says: 'A beautifully presented, recently refurbished semi-detached house. 'With a new roof, new plumbing, gas central heating and complete re-wire. 'Once named 'Britain's most disgusting home', the current owner has transformed this property to a simply stunning family home with ample living space and a large corner garden. 'With a large open plan lounge with wood burner/diner, a large kitchen/breakfast room, downstairs WC, three bedrooms with master en-suite and a family bathroom.'
News.com.au
26-05-2025
- Business
- News.com.au
Californian bungalow in Newport sells post-auction after two buyers face off for keys
A young family has snapped up a renovated Newport home for $10,000 above the top of its price guide after a two-way bidding war that saw the home passed in and sold within minutes. The four-bedroom Californian bungalow at 15 Steele St was listed with a $1.19m-$1.26m price guide and ultimately sold for $1.27m after negotiations with the leading bidder post-auction. The Agency's Leigh Melbourne said while four or five parties had contracts in hand, just two families actively competed for the home, one from Melbourne's western suburbs and another from regional Victoria hoping to buy a base for their adult children in the city. RELATED: REIV CEO Kelly Ryan announces shock departure Melb home's surprise link to Sooshi Mango Melb family's bold plan for six-figure rate cut win 'We opened with a vendor bid at $1.2m and it passed in at $1.25m, but there was a really positive feel in the crowd of about 50, and we got it done soon after,' Mr Melbourne said. The winning bidders, a young family, whom Mr Melbourne said had been drawn to the home's flexible floor plan, spacious backyard and walking distance to Mason St, Newport Station and local schools. 'It's in a really tightly held pocket of Newport. Sacred Heart Primary is literally at the end of the street, and Newport Lakes Primary backs onto the property. That school zone access was a huge driver,' he said. Blending modern functionality with classic character, the kitchen features stainless-steel appliances and a striking brick fireplace surround. The family-friendly backyard includes a cubby house and paved entertaining zones, perfect for kids and weekend relaxation. The Agency agent said the result reflected a market still performing well under $1.3m, with changes to super tax rules and stamp duty encouraging some landlords to offload. 'There's healthy stock in the early-to-low $1m range right now, and that's opening doors for more first-home buyers and young families to get in,' Mr Melbourne said. He added that this week's Reserve Bank rate cut had already started lifting buyer activity. Sunlit open-plan living connects directly to the garden, with timber floors and seamless indoor-outdoor flow. The main bathroom combines vintage charm with bay windows and period-style finishes, true to the home's Californian Bungalow roots. 'We've noticed an uptick in midweek open numbers. Buyers are cautiously optimistic — some are making moves now on the chance rates will be even lower by settlement in 90 days,' he said. The double-storey home blends period charm with modern convenience and includes a separate parents' retreat upstairs with its own ensuite and balcony, plus an undercover deck, backyard cubbyhouse and open-plan living zones. Leafy street appeal and traditional lines define the façade of this Newport home, moments from schools, parks and Newport Station. One of four bedrooms, this ground-level room offers natural light, polished floors and flexible family appeal. Mr Melbourne said the buyers could move in immediately or update further down the line. 'It's one of those homes that gives you lifestyle and potential in one hit,' he said. Sign up to the Herald Sun Weekly Real Estate Update. Click here to get the latest Victorian property market news delivered direct to your inbox. MORE: Melb hardware hero stared down prison with a sausage sizzle Private slice of country paradise up for grabs Trade turmoil: Aussie's home dream crushed Originally published as Californian bungalow in Newport sells post-auction after two buyers face off for keys
News.com.au
21-05-2025
- Business
- News.com.au
‘Hectic' bidding war pushes Hampton East home $268k over reserve
A bidding war in Melbourne's southeast has left jaws on the footpath, with five buyers pushing this sleek townhouse almost $300,000 past reserve. More than 120 people packed into 21A Lonsdale Ave, Hampton East, to witness a 'high-stakes auction' — a modern three-bedroom townhouse that ultimately sold under the hammer for $1.538m. Ray White Chelsea director Shane O'Sughrue said the auction 'went off like a firecracker' and left him nearly speechless. 'There were bids flying. It was hectic,' Mr O'Sughre said. 'My sellers are speechless. 'They're upsizing locally and just couldn't believe the result.' The auction opened at $1.17m — the bottom of the price guide — and quickly escalated in $20,000 and $30,000 jumps. Once the bidding hit the mid-$1.4m range, the increments narrowed to $10,000, then $2,000, and finally $1,000 as two buyers went head-to-head in a nailbiting finish. Mr O'Sughrue said confidence in the market was rising fast, especially ahead of an expected interest rate cut. 'There's a sense of urgency building out there,' he said. 'Buyers aren't waiting anymore. ' They're getting aggressive and jumping in before competition gets even stronger.' The home itself had plenty of pulling power, about 30sq m in total with three distinct living zones, a high-end kitchen featuring a stone waterfall island and seamless indoor-outdoor area leading out to a covered timber deck. The Ray White Chelsea director said the home has a great flow. 'You've got the space, security with the electric gate, and finishes that are mid to high calibre for the area,' Mr O'Sughrue said. 'It appealed to families, professionals, downsizers, a really broad market.' The result comes as listings remain tight across Melbourne's bayside suburbs, with well-presented homes continuing to draw big crowds and strong offers. Mr O'Sughrue also urged sellers not to sit back and wait for spring. 'Now's the moment,' he said. 'You don't want to be competing with everyone else in three months' time. 'The buyers are here, they're ready, and if your home's priced right, it'll fly.'
Daily Mail
16-05-2025
- Business
- Daily Mail
Bidding war for surgery firm Assura heats up
The bidding war for GP surgery owner Assura intensified after a major NHS landlord made a rival offer of nearly £1.7billion. Assura's board last night said it would review the latest approach from Primary Health Properties (PHP) after accepting a £1.6billion bid from American buyout giant KKR last month. Analysts said that the PHP bid was the more attractive option for Assura shareholders. The tussle has seen both parties up their offers several times to try and clinch a deal. Both Assura and PHP own doctors' surgeries, hospitals and hospices across the UK, and are major landlords to the NHS. KKR, one of the biggest private equity outfits in the States, has teamed up with New York investment firm Stonepeak for its takeover attempt. PHP has offered 51.7p per share for Assura, valuing it at £1.68billion. In comparison, KKR's bid was 49.4p per share or £1.61billion. A deal with the private equity giant would see Assura become the latest firm to leave London's struggling stock market. Oli Creasey, head of property research at asset manager Quilter Cheviot, said: 'The PHP bid appears superior in financial terms.'
