THOSE with a spare three-quarters of a million pounds may care to invest it in a ten-bedroom, four-storey house that is going under the hammer in Wanstead.

The semi-detached house in Grosvenor Road was built in the 1850s for the founder of Cherry Blossom polishes and most of the rooms still have the original decorating details.

It has a quarter of an acre of garden but anyone wanting to take it on had better have a passion for decorating the inside of the house has not been touched since 1952.

Estate agents Colliers CRE who are auctioning it on May 22 are certainly confident that it will attract some offers. Head auctioneer Simon Rigall said: "This outstanding property lends itself to refurbishment or conversion. The location offers great access to the city and is strategically placed for the 2012 Olympic Games. I believe this lot has great development potential."