The ‘little gem’ public toilet block you can buy for £20k

A rare property packed with potential has come on the market at a bargain price. Prospective owners only have to splash out £20,000 to buy a public toilet block in the middle of a car park in Formby.

It’s the sort of sum that could have bought you a modestly-sized house 40 years ago. But today it’s not even enough for a down payment, as house prices in the UK have skyrocketed by more than 1145 per cent, but wages have only increased by a fraction of that figure.

While the property may not seem very glamorous, auctioneers Landwood Property Auction said the 120 sq m space is "far from bog standard," with potential for multiple uses including retail, food and beverage and residential development, the Liverpool Echo reports.

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Located in the town of Formby, the former toilet block sits close to the popular Formby beach, 10 miles north of Liverpool and six miles south of Southport. The beach is a well known beauty spot that’s one of the most visited beaches in the North West, attracting 1.2m visitors every summer.

James Ashworth, partner at Landwood Property Auctions, said: “We have a knack for flushing out hidden value in properties that others might overlook, from quirky former public toilets to grade-listed mansions. We pride ourselves on our unique sales approach, ensuring that every listing shines on the global stage.

“While you may need to invest a little more than a penny, this little gem could be the perfect opportunity for the right person. With a proven track record of securing the best returns quickly for councils - more than 90% of our listings sell - we bring the same expertise to every project, no matter how