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 price
- It is semi-detached and has double-glazing throughout and gas central heating as well as new flooring
- It 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.
‘It is ideally suited to a wide variety of potential purchasers including first time buyers, downsizers and investors alike.
The bungalow is being sold as a property which would be good for first-time buyers, downsizers or investors, auction firm said
The property has been refurbished throughout. It has gas central heating and double-glazing. Pictured: The kitchen
One room opens up into the rear yard and will give plenty of light for the new owner. The property last sold for £49,000
There is a large living room with a bay window in the spacious property which also features new carpets and flooring
Dalton Cottages is a mature residential area located a short distance from many local amenities. The bungalow will be auctioned on June 30
Pictured: The bathroom. The bungalow was sold for £49,000 in 2006 and now the 1930s building will go under hammer
The town centre is also a very short distance away from the property which features a wide selection of facilities
‘It has gas central heating via combi boilers and radiators, double glazing throughout and has a pleasant aspect to the side.
‘It has been redecorated throughout and has had brand new flooring recently installed.’
Despite it’s knock-down price, the property also boasts a large living room with bay window, two bedrooms, including one which opens to the garden.
The auctioneer added: ‘At the back of the property there are two brick built outhouses which are useful for storage as well as a low maintenance garden.
‘Dalton Cottages is a mature residential area located a short distance from many local amenities as well as the Shildon Railway station.
‘The town centre is also a very short distance away which features a wide selection of facilities.’
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