The bungalow for sale for ONE POUND: Two-bedroom semi with two outside toilets goes up for sale for rock bottom price in former mining town
The refurbished property in Shildon, County Durham, is to go under the hammer with ultra-low reserve priceIt is semi-detached and has double-glazing throughout and gas central heating as well as new flooringIt has been given such a low reserve price at auction to ensure a quick sale – it previously went for £49,000
A refurbished bungalow with two outside toilets and fitted with double glazing is to go under the hammer for a bargain one pound.
The two-bedroom semi-detached property is close to the centre of the former mining town of Shildon in County Durham.
It was originally sold for £49,000 in 2006 but now 2 Dalton Cottages is going up for auction with a reserve price of just £1 to ensure a quick sale.
The 1930s building boasts gas central heating, double-glazing throughout and has been refurbished with new carpets and flooring.
The two-bedroom semi-detached property is close to the centre of the former mining town of Shildon in County Durham
Unusually the property still has two brick-out houses which can now be used for storage. They are pictured here in the spacious yard
Surprisingly, the property also comes with two original brick outsids toilets in the spacious yard at the rear.
Branded Britain’s cheapest bungalow, it will go under the hammer on June 30 and is being touted as an excellent option for first-time buyers or down-sizers.
A spokesman for Agents Property Auction, who are handling the sale, said: ‘This semi-detached property is available with no onward chain and is well located close to the town centre.