A THREE-bed home on a sleepy street has hit the market – but will only set the buyer back the same amount as a second-hand Fiesta.
The cosy property on Finsbury Street in Middlesbrough – where terraced houses are usually flogged for around £34,500 – carries a tiny price tag of just £5,000.
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For the same amount, you could get a Prada Ostrich leather bag or a pre-owned Fiesta.
The North East family home, which sits in a quiet residential area, isn’t short of space as it boasts three double bedrooms as well as a spacious bath and shower room.
It also has a decent size living room and a kitchen that leads to the turfed rear garden.
One of the bedrooms has enough space for an office desk in the corner as well as a double wardrobe.
The home, managed by Royal Estates is set to go under the hammer next month.
The property has ideal transport links, with nearby Middlesbrough, Thornaby, and Marton railway lines all less than three miles away.
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Ideal for long beach walks, it is roughly a half-hour’s drive to the scenic coastline.
The average price of terraced properties sold in Middlesbrough last year was £82,594, while the standard cost of a house on the same street is £34,500.
In contrast, a house in London would set you back an average of £705K, according to Zoopla, while the national norm is £330K.
Bidding for the property begins on February 8 at 12pm and runs until February 10.
Another cheap home that has gone for sale for £25,000- a tenth of the average UK house price- is a two-bed property in Durham.
A property in Derbyshire, complete with a dining room and garden could be yours for just £9,000.
A studio flat in London can be rented for £800 but it has two big catches.
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