One lucky buyer could be in with the chance of snapping up a two-bedroom home for as little as £1.
But the shockingly low starting price for the semi-detached property in Newcastle comes with a major catch.
Photos of the interior of the family home in Wallsend, North Tyneside, show it in desperate need of modernisation.
Marks can be seen on the walls and floors – and the living room comes with a blue patterned carpet and orange wallpaper.
A traditional-looking heater has also been placed in the stone fire place.
In the kitchen, a large stain can be seen on the top of the door and debris has been left on the maroon-coloured floor.
Photos of the garden show overgrown hedges and a large pile of sticks left on the concrete area by the side of the house.
However, while future homeowners may have their work cut out, the sale presents the ideal opportunity for investors.
The house has been put up for auction by Pattinson Estate Agents with a starting price of just £1.
It is located close to Newcastle city centre and is a short drive away from the nearest beach.
The house is also described as having a large back garden with a small one at the front.
An online advert reads: ‘Pattinson Estate Agents are pleased to offer this two-bedroom semi-detached property.
‘Located on Mcllvenna Gardens the property is well position for local amenities such as schools, shops and restaurants.
‘The location of this property offers great road links to the coast and Newcastle City Centre.
‘Briefly comprising an entrance, lounge, kitchen and bathroom. To the first floor there are two bedrooms.
‘Externally to the rear there is a large private back garden. To the front a small garden and driveway.’
The average price for a semi-detached on Mcllvenna Gardens fetched just over £206k across the last year according to Rightmove.
Read more
