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20 May 2024

Derelict Tin Miners’ Cottages Listed with £nil Reserve Sell for Thousands

A trio of dilapidated former South Wales tin miners' cottages listed with a £0 price at auction have sold for thousands of pounds.

Wesley Buildings, in the village of Machen, between Newport and Caerphilly,  are only accessible on foot.

Some 79 bids from a total of ten individual bidders came in before the lot was sold for £40,000.

Gemma Vaughan, of Newport-based Paul Fosh Auctions, said:

“Interest in the cottages was red hot from the get-go with bids piling in as soon as the online auction went live and carried on until the end. The fact that the properties had a £0 guide price added to the interest.

“The cottages are in such a state of disrepair that we weren't able to inspect them prior to the auction and they were accessible for any external viewings only on foot. This only added to the general mystique.

“Wesley Buildings offers the new owner an  opportunity to acquire a building which, we're told, was originally three cottages. It has a very interesting history. The vendor advised me that he bought the cottages back in 1979 when he arrived back from Saudi Arabia as a carpenter.

“He bought the property, his old family home, as he saw that it was up for sale. His great grandfather and mother were born there. His great grandfather worked in the tin mine in Machen.

“The cottages are now in an extremely dilapidated condition but could well present a blank canvas to a developer, subject to planning and the removal of a vast amount of undergrowth.

“The property, which can only be reached on foot as there is no vehicular access, is certainly a challenge.

“The three cottages, which are spread over three floors, are as basic as they come and aren't even connected to any utilities, not even water. However they are in an awesome location.”

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