A THREE-bedroom house has gone on sale for just £10,000 – but you may want to think twice before buying it.

Househunters will be more than aware that if it sounds too good to be true, it usually is.

The three bed pad in Grimsby has gone on the market for £10,000

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The three bed pad in Grimsby has gone on the market for £10,000Credit: SellProp Auctions UK
But it is in need of some serious TLC inside

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But it is in need of some serious TLC insideCredit: SellProp Auctions UK
The bedrooms have bare floorboards and exposed brickwork

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The bedrooms have bare floorboards and exposed brickworkCredit: SellProp Auctions UK

This terraced home is on the market for such a bargain price because it is in need of a complete renovation, both inside and out.

The three-bed property on Tunnard Street on Grimsby‘s East Marsh estate is in need of some serious TLC after falling into disrepair.

But if buyers are prepared to take on a gruelling DIY project, this could be the perfect blank canvas for you.

The pad may scare off potential investors from the moment they step through the door – as each room is completely bare.

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The open plan downstairs area only has one half still kitted out with floorboards – and even they are in need of a good clean.

However, if you can use your imagination you will be able to recognise the potential to create a cosy living space for you to relax in.

And if you can overlook the garish blue paint as well as the filthy stove, the spacious kitchen could be ideal for family cooking.

A curved staircase takes you upstairs, where possible future tenants can check out the three bedrooms on offer.

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Each room is ready to be transformed – as they currently each resemble a building site.

With exposed brickwork, spots of mould, and bare floorboards, house hunters will need to dedicate lots of time and money to this place.

Fitted wardrobes take up the majority of the third bedroom, providing storage and structure amid the chaos.

But despite its flaws, the property has the potential to be transformed into a stunning new home – if you’re up to the challenge.

The estate agents admit it is in desperate need of “modernisation and further development,” but believe it would be perfect for investors.

Its location proves another great selling point, as it is in the heart of the town and boasts superb travel links.

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To reflect the overwhelming amount of work that needs doing, the three-bed is being flogged for a guide price of just £10,000.

It will go up for auction on June 30, with developers expected to battle it out to bag the bargain home.

The kitchen has the potential to be transformed into a spacious cooking area

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The kitchen has the potential to be transformed into a spacious cooking areaCredit: SellProp Auctions UK
The property will be auctioned off on June 30

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The property will be auctioned off on June 30Credit: SellProp Auctions UK

This post first appeared on thesun.co.uk

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