Britain’s cheapest house goes on sale for just £7,000 (but you’ll have to repair damage from arson attack last year!)

April 8, 2014 | by | 0 Comments

Britain’s cheapest house which is pictured in a state of utter squalor after suffering an ARSON attack is on the market – for a knock-down price of just £7,000.

The Victorian terrace which is within walking distance of a bustling town centre, has two bedrooms, running water, gas, electric and mains sewer connection.

But candid pictures of the inside of number 27 Noel Street, Gainsborough, Lincs., show every room in a state of disrepair and covered in rubbish.

Britain's cheapest home which has gone on sale for just £7,000

Britain’s cheapest home which has gone on sale for just £7,000

The property, which is being advertised on Rightmove.com, has a £7,000 asking price and will be auctioned next month.

Average house prices for similar properties in Gainsborough are around £180,000.

Estate agents describe the house as “in need of complete refurbishment having suffered some fire damage and general poor upkeep”.

The blurb continues: “Once renovated the property will suit an owner occupier or buy to let investor being situated close to the town centre.

“A two-bedroom Victorian end terrace property – Having suffered some fire damage and general poor upkeep – Would suit an owner occupier or buy to let investor.”

One of the burned out bedrooms in the property after an arson attack last year

One of the burned out bedrooms in the property after an arson attack last year

 

The property is strewn with rubbish

The property is strewn with rubbish

While many parts of Britain are going through a housing boom and the average London home now in the region of £400,000 the property is believed to be the cheapest in the country.

It comes complete with a rear yard, a brick outbuilding and double glazed windows.

The kitchen, complete with a smashed up acoustic guitar, has no oven, but does include a stained fridge.

The website boasts it has a “double glazed casement window to rear elevation, fitted wall and base units with stainless steel single drainer sink, double radiator, storage cupboard.”

The adjoining front room have boarded up windows and an upturned sofa set amongst dirty duvets and crumbling plaster.

Images of the upstairs reveal heavily fire-damaged bedrooms with filthy stains covering most of the walls.

Meanwhile the bathroom, which features a toilet with no seat and painted a garish purple, is optimistically described as having “three piece suite comprising panelled bath and pedestal wash basin, mid flush W.C., single radiator.”

The property, which was originally bought for £80,000, was set alight on July 17 last year when yobs set fire to the shed.

No one was inside the property at the time and the arsonists have not been caught.

The house will be sold by Lincoln agents JH Walter at an auction on May 13.

Across the country average house prices have surged by £14,000, or 8.8 per cent in a single year, rising at their fastest pace since 2010 the latest house price index has revealed.

Last month experts warned the skyrocketing prices were “approaching madness” after data showed house prices jumped another 2.4 per cent in February alone.

*Earlier this month a three-bedroom semi-detached property in Erdington, Birmingham fetched its full £114,950 asking price despite being advertised with every room full of rubbish.

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