AN end-terrace house in Crediton requiring major renovation or replacement sold at auction for £50,500.

The Cott in Stanbury Court comfortably exceeded its freehold guide price of £15,000 in the sale by land and property auctioneers Clive Emson.

Senior auction appraiser Audrey Smith said: “Bidders clearly saw the potential value in this lot at auction.

“The new owner has various options before them, including complete renovation and resale or even replacement subject to the necessary consents.”