Paul Fosh Auctions
- Two derelict bungalows in Wales, UK, initially valued at 65 cents each were bought for $51,000.
- Their mountain-perched location and potential for restoration attracted 11 bidders.
- The new owner called the bungalows a "beautiful, heritage property in need of rescuing."
A pair of cottages nestled on a mountainside in Wales, UK, recently sold at auction for 40,500 times more than their initial guide price of 50p each, approximately 65 cents, Wales Online reports.
While the dilapidated structures built from corrugated tin sheets were initially valued at less than the price of a candy bar, they ultimately sold for approximately $51,000.