PRICE IS RIGHT?

Househunters stunned by modest five-terrace house with an eye-watering ‘price’

HOMEHUNTERS got the shock of their lives when they saw a terraced house on the market for an eye-watering asking price.

The unloved Victorian five-bed pad is being advertised as in need of work but the estate agents insist it has "bags of potential".

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The listing shows paint that peels off the front of the propertyCredit: Purplebricks/Triangle News
Harsh pinks cover the walls inside the extortionately priced homeCredit: Purplebricks/Triangle News

It boasts paint that peels off the front of the property, an overgrown garden and seriously outdated décor - but that didn't deter an asking price which left jaws hitting the floor.

The the mid-terrace in Folkestone, Kent, has four reception rooms - one of which is covered in harsh pink paint and a shoddy Artex ceiling.

Two bathrooms and a shower room will give the new owners plenty of wash options.

While a kitchen which needs a complete refit can be found on the ground floor.

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And the five-bed grot hole can be all yours - for an outrageous £450MILLION.

It means this Victorian terrace is the most expensive home in Britain - almost double the price of the second which hit the market at £250 million.

Potential buyers were quick to poke fun at the property who fell victim to a very obvious price listing error.

One home buyer - called Niall - joked: “Cost of housing these days, madness.

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“Still, £90,000,000 per bedroom isn't bad.”

A second - named Josh - quipped: “Great price.”

Another quipped: “Bargain.”

It is not clear how much the property was meant to be listed for as the listing has since been taken down.

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Listed on Rightmove and being flogged by Purplebricks the half a billion pound property is an “opportunity to turn into apartments”.

It is also “ideal for those looking for a project.”

It continues: “Potential for conversion and extending.

“A large Victorian mid terraced property with many original features, centrally located within walking distance of the town centre and Folkestone Central station.

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“Set over four floors: lower ground, upper ground, first floor, second floor and attic. There is also a good sized, southerly facing walled garden to the rear.

“The property has gas fired central heating, a family bathroom, separate shower and two additional WCs.

“This property requires some repairs and modernisation.

“There is residential on street parking currently at a cost of £25 per annum.

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“Viewings strictly by appointment only.”

Britain’s most expensive private home is in Mayfair, west London and owned by Phones 4 U founder John Caudwell, 68.

The Sun have approached Rightmove and Purplebricks for comment.

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The kitchen will need a complete refitCredit: Purplebricks/Triangle News
An overgrown garden can be found out backCredit: Purplebricks/Triangle News
Gloomy rooms are found inside the homeCredit: Purplebricks/Triangle News
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Uninspiring rooms can be found insideCredit: Purplebricks/Triangle News
The five-bed grot hole can all be yours - for an outrageous £450MILLIONCredit: Purplebricks/Triangle News
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