Real EstateUK

Oxford home destroyed in fire on the market for £50,000

Oxford home

The property is the cheapest on the market in Oxford but it is currently boarded up and is need of a lot of work

The ruins of a house that was destroyed in a fire has gone on the market for £50,000.

Emergency services scrambled to the house, on Watlington Road in Cowley, on the night of February 19 after a major fire broke out. Firefighters worked throughout the week to tackle the blaze and neighbours on the row of terrace houses were evacuated.

After the fire, family friend Lynne Berry, set out on a mission to raise £35,000 to help rebuild the home which is ‘barely a shell’. But the fundraiser was cancelled after she received online abuse.

Now, more than nine months on, the property has gone up for sale with the guide price of £50K at auction.

The property is the cheapest on the market in Oxford but it has no roof, is currently boarded up and is need of a lot of work.

Najib Malak can see the derelict property from his house. He remembers the night of the fire well and said his family was woken up by a load ‘crashing noise’ that kept getting ‘bigger and bigger’. Mr Malak said he remembers looking out the window to see smoke and the emergency services.

Despite the property having no roof Mr Malak said he thinks £50K is a good price as the majority of homes in the area are about £200K.

He said: I think it is a really good deal, the only thing is it needs a lot of work doing to it, but if I had the chance I would.

Rita Jones lives on Watlington Road and remembers her neighbours being evacuated on the night of the fire. However, she has not been too concerned about the derelict house on her street. She said: I guessed eventually somebody would do something about it.

Ms Jones agreed that £50K was a really good price for a property in the area.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of Invest for Property. The information provided on Invest for Property is intended for informational purposes only. Invest for Property is not liable for any financial losses incurred. Conduct your own research by contacting financial experts before making any investment decisions.

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