Incredible value house auctioned for just £5,000…but there’s a caveat

Incredible value house auctioned for just £5,000…but there’s a caveat

A TWO-bedroom house goes under the hammer for just £5,000, but there’s a small catch.

The sensational target price gives you a light and airy terraced house, spread over three floors.

Victorian house goes under the hammer with a starting price of £5,000

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Victorian house goes under the hammer with a starting price of £5,000Credit: Rightmove
A spacious and bright living room on the ground floor leads to a modern kitchen

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A spacious and bright living room on the ground floor leads to a modern kitchenCredit: Rightmove

As you walk up to the Victorian home, a gated courtyard will greet the new homeowner on this quiet residential street.

As you step through the front door, a spacious living room flooded with light thanks to a large window provides a great common area for a small family or couple.

An open ax and door lead through to a modern kitchen with all the appliances you need to cook up a storm in this inexpensive bolt hole.

Beyond the kitchen is a rear entrance and through another door you will find a family bathroom complete with a bath, WC and basin.

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Back in the kitchen a staircase leads to the first floor.

Upstairs there are two spacious bedrooms, currently painted solid white, providing a canvas for the new owners to create their wildest dreams.

A further staircase accessed from the smaller of the two bedrooms takes you to a cozy attic room with sloping ceilings.

The space can act as the perfect study or even a third bedroom for a young family.

An extra bedroom can also be useful if you want to maximize the value of the property for rent or sale.

Skylights let natural light into the soothing space.

When you go outside, a backyard, like the rest of the house, provides a blank canvas for the lucky buyers to do with as they please.

For a starting price of £5,000 the house could provide a great renovation opportunity for first time buyers or serve as rental potential for property investors.

But the catch is that only outside viewings are available as the house, in Hull, East Yorks., hasn’t really been inspected.

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The property is being marketed by Royal Estates in Birmingham and listed on the Under the Hammer website.

The bidding on the property on Hampshire Street – just two miles away from Hull city center – will open on Tuesday, September 6.

A master bedroom on the top floor provides a cozy and welcoming space for the new owners

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A master bedroom on the top floor provides a cozy and welcoming space for the new ownersCredit: Rightmove
A room on the top floor can serve as a study or third bedroom in this Hull . house

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A room on the top floor can serve as a study or third bedroom in this Hull . houseCredit: Rightmove