A two-bedroom house in South London can be bought at auction for just £180,000 - which is far below the average price of a flat in the capital. But when things seem too good to be true, they probably are.
The end terrace property is located in St Paul's Cray in Orpington, nestled between London and the Kent countryside. Close to local shopping facilities, it's approximately one mile from St Mary Cray Railway Station, with trains to London Victoria and London Blackfriars.
It boasts two rooms, a kitchen and a separate toilet on the ground floor, and two bedrooms and a bathroom with toilet on the first floor. There's also a fenced front garden and rear garden with rear access. The house has a freehold title, which includes other individual sections of land close to the property
According to property website Rightmove, the average price of a house in the area on the outskirts of Bromley is £584,800, making this freehold home a real bargain. So what's the catch?
Well, it needs a complete refurbishment. The floors, ceilings and walls appear to be severely damaged in most rooms.
However, based on the photos and video, the exterior doesn't look in such terrible shape. And all the rooms seem to be a decent size.
Auctioneer website Clive Emsom stated: "It's now in need of a complete program of refurbishment. But it is considered to have scope for re-configuration of the accommodation, further enhancing the future potential for either resale or rented accommodation."
The house is located at 1 River Cottages, Main Road, Orpington BR5 3HL. Find out more information about the auction here.
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