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Tuesday, October 2, 2012

Is this Britain's cheapest house? Middlesbrough home could sell for just £750 with another on street available for £1000

By PAUL MILLIGAN

The house, on the right hand side of the picture with the green door, could be yours for an incredible £750

A house going under the hammer in Middlesbrough could become Britain’s cheapest with a starting price of just £750.
Number 12, Limetrees Close in Port Clarence could become Britain’s cheapest house when it is sold at auction the end of the month.
The three-bedroomed semi-detached home also features a lounge, entrance hall, family bathroom and a front and rear garden.

The house (seen here on the left of picture) in High Clarence, Teesside, will go under the auctioneer's hammer at the end of October

Although situated in a troubled area of the town, it is described as an ‘ideal investment’ and has a starting price of just £750.
Number 42, on the same street, which is also a three-bedroomed property, is being sold with a starting price of £1,000.
With no reserve on either - the estate agents will entertain the idea of a ‘buy one get one free’ offer.

Houses on Limetree Close can sell for up to £35,000, so number 12 could represent a real bargain

Estate agent Richard Watson of Robinson’s said: 'We are looking for a quick sale at auction on these two three-bedroom properties.
'We are still in talks with the auctioneer and the owner about getting them as a job lot, buy one get one free, but at the moment we are hoping that when they go up for sale bidders will bring the owner a decent price.'
Mr Watson added: 'Number 12 is needing a bit of work so the price reflects that, but the other house could take a tenant almost straight away.'

Those with green fingers might be tempted as the house does have a front and back garden

Britain’s largest property website, Rightmove.co.uk, which lists 90 per cent of the nation’s houses being sold, is convinced this must be the cheapest house in the UK.
A spokesman said: 'We have no other properties anywhere in the country with prices as low as these - so yes, it will be one of the cheapest - if not the cheapest house in the UK.'
Both the homes will be sold by the Great North Property Auction on Tuesday, October 30, at the Bishops Suite of the Ramside Hall Hotel in County Durham.

The two properties are situated in the isolated community of Port Clarence, between Haverton Hill and the Transporter Bridge, where other similar houses in the same street would sell for around £35,000.
Port Clarence suffers from a very high crime rate, and very high unemployment rate, and has seen its fair share of arson, fly-tipping and anti-social behaviour. It is also isolated from nearby towns with poor transport links to nearby Middlesbrough and Stockton.

source: dailymail



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