This three-bed home could be yours for just £5,000.

A County Durham home is set to go on auction with a guide price of just five grand.

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It means the home could be snapped up for less than a third of the price of the average used-car, which stood at £17,712 in March.

The Northern Echo: The living room.The living room. (Image: BOND WOLFE AUCTIONEERS)

 

The three-bed property in Bishop Auckland comes with a hallway, two reception rooms, kitchen, bathroom and three bedrooms.

In need of some work, the home could be the perfect investment opportunity or rung onto the property ladder for a buyer willing to take on a project.

The Northern Echo: Stuck in the past... the home still has a serving hatchStuck in the past... the home still has a serving hatch (Image: BOND WOLFE AUCTIONEERS)

The Northern Echo: The kitchen may need ripping out to be brought up to modern design tastesThe kitchen may need ripping out to be brought up to modern design tastes (Image: BOND WOLFE AUCTIONEERS)

The property is currently vacant and is empty of any furniture, making moving in easier.


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It will go on auction next month on May 18 with Bond Wolfe Auctions. Anyone wishing to view the property is advised that no internal viewings are possible.

The Northern Echo: One of the three bedroomsOne of the three bedrooms (Image: BOND WOLFE AUCTIONEERS)

As with any auction property, auctioneers are urging any prospective buyers to read the small print in advance.

To make further enquiries or pre-register for remote bidding visit the Bond Wolfe Auctions website.