Inside UK’s cheapest house which is set to go on sale with a guide price of £0

Inside UK’s cheapest house which is set to go on sale with a guide price of £0

 

A traditional terraced house will go to auction with a guide price of £0.00 in the biggest bargain for house buyers across the nation.

The property, soon to be launched as an online auction lot, is a bay-fronted, mid-terrace house located on Brynmair Road in Aberdare, in the heart of the Cynon Valley, South Wales.

And the home has a range of attractive features, Wales Online reports.

Starting from the outside, the stone front façade with feature bay window gives a traditional welcome, and inside there are two large reception rooms on the ground floor to greet you.

Both rooms look decoratively tired but the rear reception room offers what looks like charming period quarry tiles on the floor.

Then into the kitchen, which is a decent sized space.

And the home also has an under stairs cupboard, which would make a perfect pantry – a popular feature with house hunters.

The home then flows from the kitchen into the bathroom.

But if an upstairs bathroom is required by the new owner then there are three bedrooms on the first floor, so maybe the smallest of the rear rooms could be converted.

The garden is in need of some attention starting with a strimmer but once cleared will make a pretty courtyard to enjoy the summer sun.

The house might have a guide price of nil but, of course, it’s going to sell for a lot more.

And buyers will need to win the auction first which has an opening bid set at £250.

The property is a full renovation project but due to its current condition the auctioneer says you won’t be able to raise a mortgage on it, so it’s cash buyers only that should be bidding.

Ryan Saunders, who is handling the sale for Paul Fosh Auctions, said: “The reason for the low guide price is that the property is leasehold and has a relatively short time left on the lease.

“The lease for the property is due to expire in 2054. The new owner may wish to seek to extend the lease or to negotiate to buy the freehold of the property.

“There has already been strong interest in the property which I expect to continue on through to the sale next month.”

The house is part of the next online auction by Newport based Paul Fosh Auctions, which starts at midday on March 16 and ends 5pm on March 18.

The interior of the house

The exterior of the house

The interior of the house

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