House covered in ivy and hidden by overgrown garden sells for £500,000

A house covered in ivy and hidden by its overgrown garden has sold for £470,000.

The three-bedroom end-of-terrace property on Ruthin Road, Blackheath in south London, started with an opening bid of £470,000 and went under the hammer on Tuesday.

Auctioned by Savills, the property is "in need of complete modernisation" and comes with a rear garden of about 50ft and a garage, the company states on its website. It also has a reception room, kitchen and bathroom.

The home sold for £554,000 after three bidders battled it out during the auction, held at the Marriott Hotel in central London.

Savills auctions director Robin Howeson told the Press Association: "I think it is a really good buy, but I think you've got to be a brave buyer to buy it. I think that would have put people off ... to deal with that level of foliage on a house."

Property website Zoopla lists the average value for homes on Ruthin Road as £716,667 and Mr Howeson said he estimates £200,000 of work will need to be done on it.

"I did expect it (the sale price) to go slightly higher," he said. "It is a really unique house. Seeing something like that with that level of work which needs doing to it coming through our catalogue in the last five years, I haven't seen something like that."

From the street, only the front door and downstairs window of the building are visible, with all other surfaces covered in ivy, including the roof and garden wall.

The upstairs windows of the property are also completely obscured by the extensive plant life, with the large garden shrub also overhanging the entire depth of the pavement.

Head of Savills auctions Chris Coleman Smith, who conducted the sale and brought down the hammer on the winning bid, told the room packed with more than 350 potential buyers that "underneath all that, there is a house".

"Look at it, I think it is brilliant. It is one of the best properties I have seen in ages - fantastic," he said.