This two-bedroom house could be yours for only £1.
A County Durham home is set to go on auction with no reserve and a starting bid price of just £1.
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It means the home could be snapped up for less than the price of an average loaf of bread, which stood at £1.36 in November.
The two-bed property in Peterlee comes with a loft room, large rear yard and solar panels fitted on the roof.
In need of renovation throughout, the end-terrace on Delavale Close could be a perfect investment opportunity or rung onto the property ladder for a buyer willing to take on a project.
The Echo understands that the property was previously repossessed, has had its electricity disconnected and will require major works.
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Water outlets in the affordable abode are also covered by ‘do not use’ tape.
Online bidding opens on January 21 at 10am and closes on January 26.
As with any auction property, auctioneers Town and County Property Auctions are urging any prospective buyers to read the small print online and view the address in advance.
An open house day will be held this Saturday (January 14) for potential bidders to look around. An online listing warns “viewers will enter at their own risk”.
Further enquiries can be made on the Town and Country Property Auctions website.
Read next:
- Pictures of horrendous damage to home as firefighters issue urgent warning
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