A FAMILY home is set to go under the hammer for just £1,000 – but its new owners will need to go without a key feature.

The two-bedroom home in Hull has hit the market at an unbelievable price, although there’s a catch over why it’s so cheap.

After losing its roof in a blaze, the cut-price home is now up for auction for a major bargain

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After losing its roof in a blaze, the cut-price home is now up for auction for a major bargainCredit: Rightmove
The Hull home sold for £62,000 back in 2019 - but is now set to auction for just £1K after being partially burned in a blaze

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The Hull home sold for £62,000 back in 2019 – but is now set to auction for just £1K after being partially burned in a blazeCredit: Google

The end of terrace property is sure to excite investors looking for value, as the auction guide price is set at just £1,000.

But potential buyers may be surprised to only be invited for external viewings. as the family pad was recently burned up in a blaze.

Putting a new spin on ‘firesale’, the cut-price home is ideal for Brits looking for a fixer-upper.

Located in west Hull, the property now comes without a roof after the fire took out the rafters and damaged the front of the home.

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So while the new owner will save a pretty penny, they will also be buying a huge to-do list, as the blaze also blackened the front brickwork and windows.

But despite its flaws, the home still offers the essentials needed to build out from.

Two bedrooms are located on the ground floor, alongside a living room, family kitchen and bathroom.

There is also a sun-soaked garden out the back, and one of the key selling points is the home’s handy location.

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The cost-conscious homeowners will find themselves within walking distance of a family park, several supermarkets, the city centre and Hull train station.

Previously sold for £62,000 back in April 2019, according to data from themovemarket.com, the £1K price tag is sure to send potential investors scrambling.

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The current listing describes it as an “end of terrace fire damage house requiring complete modernisation” – meaning the home can be a clean slate for those looking to build their dream home.

The house is due to be sold by online auction on September 15 by McHugh & Co, who can be contacted directly for more information, or you can find more details on the listing on RightMove.

This post first appeared on thesun.co.uk

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