Fancy snapping up the cheapest house in the cheapest area to buy in the UK for only £50,000? Now you can.
Shildon is a small quiet town, just outside of the bustling city of Durham.
And it happens to be the most affordable place to buy in Britain.
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A study, carried out by Zoopla, found that the price of the average home was £73,200.
Now, a two-bedroom, semi-detached house has gone on the market; for a low market tag of £50,000, reports Luxury Property News.
Currently, there are others available for just £40,000 – but they’re listed as an auction, meaning this is likely the starting bid amount.
This property, however, is a regular chain-free sale.
And the best part? It requires no renovation work.
Stepping inside, there’s a spacious entrance hall, living room – with electric fireplace – and reasonably sized kitchen.
Each room, including the bedrooms, has been fitted with new grey carpet and the walls appear to have had a fresh lick of paint.
The family bathroom, however, may require some TLC; but it already hosts all the amenities.
With on-street parking and the freehold included it’s an absolute steal.
Just a stone’s throw away from local facilities and schools, as well as transport links into the city, it’s perfect for a young couple or family.
The property, which is on the market for £50,000 is listed with Robinsons estate agents, Bishop Auckland.
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