A DERELICT Grade II listed farmhouse in Chester has failed to sell at auction again – despite a vastly reduced guide price.

The 18th century property, known as Meadow House, along with three outbuildings went under the hammer on November 10.

The one-and-a-half acre site in Huntington, which comprises a large six-bedroom, three-storey farmhouse with three separate blocks of barns, has been vacant for several years.

It originally went up for auction back in August with a guide price of £750,000 plus. However, the historic property failed to sell on the day.

The farmhouse and outbuildings went under the hammer again last week with a new guide price of £460,000 plus but remains unsold.

It is owned by United Utilities and accessed via a private lane which also serves the company's water treatment works.

Auctioneers Pugh state: "Extensive Grade II listed former farm buildings set in a site of approximately 1.5 acres comprising a large six bedroom three storey farmhouse with planning consent for internal refurbishment together with three separate blocks of barns, which have planning consent for conversion to residential use."

The property is still available at the price of £500,000.