Free house in need of new home


The walls are sticky, the ceil­ings filthy and the laun­dry tap leaks con­stantly, but the price is just right – ab­so­lutely noth­ing.

For keen DIY­ers, a for­mer Porirua state home may be just what’s needed to get on the prop­erty lad­der, even if some of the rungs are a bit dodgy.

Un­der the greasy car­pet and be­hind the ho­ley walls lie the ‘‘blim­min’ good bones’’ of a 1950s home, owner Bill Sisk says.

‘‘It’s free. What else do you want?’’

Well, for one thing you’d need a sec­tion. Be­cause, while the 106-square-me­tre home in Els­don comes with­out a price tag, it also comes with­out a lo­ca­tion.

The buyer would need to pay for re­lo­cat­ing and repil­ing it – but so long as it was shifted within a 70-kilo­me­tre ra­dius, that would cost no more than $20,000, ac­cord­ing to Sisk, who is a reg­is­tered val­uer.

‘‘For $50,000 you could make it live­able, and for $100,000 you’d get a great house.’’

Sisk bought the Waiho Ter­race house from a pri­vate seller at the end of last month.

He said the rat­ing im­prove­ments value, ex­clud­ing the land, was last as­sessed at $121,000, and was es­ti­mated to in­crease to $169,000 at next rat­ing round.

A live­able three-bed­room home of that vin­tage in Porirua would cost be­tween about $260,000 and $380,000.

De­spite the crum­bling ex­te­rior cladding, the de­cay­ing kitchen and ‘‘unusual’’ decor, Sisk felt the house was just too good for the scrap heap.

But he warned the clock is tick- ing. In just seven weeks’ time an­other house – a smart Lockwood – will be ready to take up res­i­dence on the sec­tion, which has views over Porirua Har­bour.

‘‘If no­body wants it, we’ll sal­vage the roof and the doors, then chuck the rest in the bin,’’ Sisk said.

De­mo­li­tion would cost about $16,000, but he said the de­ci­sion to give it away was more about giv­ing some­one else a help­ing hand than about sav­ing money.

‘‘It would be nice to help some­one out and do our bit for so­ci­ety.’’

Gold Coast Build­ing Re­movals owner Tony Gregg said ‘‘free’’ houses were rea­son­ably com­mon, and a good way for house-hunters to get a bar­gain.

‘‘Sec­tions are hard to come by, and some­times they’re cheaper with a house on them than with­out.

‘‘Houses from the 1950s and 60s are built much bet­ter than the leaky things to­day, so they’re worth mov­ing.’’

Any­one in­ter­ested in re­lo­cat­ing the house should email Bill Sisk at bill­

Newspapers in English

Newspapers from New Zealand

© PressReader. All rights reserved.