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At just 50p, are these South Wales bungalows the cheapest properties for sale in the UK?

Worth a punt? This twin terrace of tin-built bungalows are listed with a combined guide price of just £1

A pair of aged corrugated sheet constructed houses in a former South Wales valleys mining village are being offered for sale at the princely sum of just 50p each. 

The brace of battered bungalows, which are up for auction next month (December), are listed with a guide price of £1 the pair.

Perched on the valley side in a former industrial setting the twin, tattered, terraced buildings, 1-2 Bank Bungalows, Crumlin , near Blackwood, Gwent, could offer scope for development.

Sean Roper, of Newport-based Paul Fosh Auctions, says no internal inspections of the pair  of bungalows has been made due to their current condition.

Sean said: “The two tin bungalows are currently in a poor state of repair. However they do occupy an elevated position with views across the valley and do offer scope for improvement.

“The bungalows in their current state need some work but they may well be able to be renovated for AirBnB-type use or to be refurbished and rented out.

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“Alternatively the plot of land that they are on may offer the possibility for alternative development such as the construction of a detached dwelling, subject, of course, to necessary planning consents.

“The village of Crumlin benefits from a range of local amenities and further shopping facilities are available in the nearby towns of Newbridge and Cwmbran, which is south on the A4042.

“Bungalow one is believed to contain an entrance, lounge, kitchen WC and two bedrooms while the second property has a lounge, bedroom and kitchen area. There is land to the sides, rear and front, with a parking area. 

“The properties, listed with a guide price of £1, are to be sold with vacant possession.”

The Paul Fosh Auctions online sale, when the pair of bungalows along with some eighty other lots will be on offer, starts at 12 noon on Tuesday, December 12  and ends from 5pm on Thursday, December 14.

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