Shed on sale for £150,000

Described as "dilapidated" it has a dodgy roof and is on a patch of scrubland in Wales - but this shed is set to sell for over £150,000.

Based in the seaside resort of Abersoch it is positioned between two taller houses has no clear view or either the coast or the countryside and there is no planning permission.

But agents Beresford Adams say the 35ft by 18ft plot has tremendous development potential and that the value of local properties has soared over the past decade with a mobile home on the seafront selling for £500,000.