A TWO-bedroom home is on the market for £15,000 — around the typical price of a used car.

The snug end-of-terrace property is a mere fraction of the national average of about £250,000.

An end of terrace house is on the market for only £15,000

5

An end of terrace house is on the market for only £15,000Credit: NNP
The bargain property boasts a wooden fireplace but it will need a clean up

5

The bargain property boasts a wooden fireplace but it will need a clean upCredit: NNP

It is close to Sunderland city centre and beaches at Roker, Seaburn and South Shields.

Although small, it has a large master bedroom and sizeable kitchen.

There is also a spacious living room with wooden fireplace and outside yard.

However it will need to be thoroughly cleaned and redecorated throughout.

Property developer transforms unruly garden but people all say the same thing
We live in UK's poshest village…homes are £1m but here's why we love it

It could yield around £400 a month in rent, so would pay for itself in just over three years.

The buyer could rent the property out ind be in profit within three years

5

The buyer could rent the property out ind be in profit within three yearsCredit: NNP
The property is on the market for the same price as a second hand Seat Ibiza car

5

The property is on the market for the same price as a second hand Seat Ibiza carCredit: NNP
The cheap end of terrace house features a sizeable master bedroom

5

The cheap end of terrace house features a sizeable master bedroomCredit: NNP

This post first appeared on thesun.co.uk

You May Also Like

TONY HETHERINGTON: Beach blighted by parking trap

Tony Hetherington is Financial Mail on Sunday’s ace investigator, fighting readers corners,…

Christmas scams: Watch out for these DPD and Royal Mail dupes

Britons should beware fraudsters posing as parcel firms as they keep an…

One in four vouchers for prepayment meters unredeemed in Britain

Nearly 2m energy support vouchers worth £125m in total either lost, delayed…

Students to be paid £400 just to turn up to school – is your child eligible?

SIXTH-FORM students in one East London borough will be paid £400 just…