A dilapidated bungalow in Peckham, South-East London has sold for nearly a million pounds after a bidding war. The guide price of £590,00 set by Savills was smashed when bidding started at £600,000.

The attraction of the property must be that it could be demolished and completely re-built, although it has not yet obtained planning permission for redevelopment. The pre-fabricated bungalow is located near the trendy Bellenden Road in the newly-gentrified Peckham.

The property was previously owned by Southwark Council but has not been lived in since 2002. It's certainly conceivable that Del-Boy or one of his gang had to move out - this time next year you'd need to be a millionaire to move back in!