Bargains of the Week: Property of the week

IT'S ONLY the scaffolding that's holding it up, so you would have to knock it down and start again, but planning permission has been given to turn the old Mission Hall in Bembridge, on the Isle of Wight, into a three-bedroom home.

Whoever takes it on will have to salvage and re-use some of the existing materials, so the resulting house will not look too different. Popular with yachting sorts, Bembridge has a reputation for being expensive, so there will be no shortage of offers for this old place at pounds 39,950. Fully restored, it could be worth around pounds 100,000. It's just a 10-minute walk to the sea and there are views to Culver Down. There is no garage, but street parking is not a problem, say the agents The Wright Estate Agency. Ring 01983 866 822 for details.