What could be Britain’s cheapest bungalow is being sold by auction with a rock bottom reserve price of just £1.
The two-bedroom semi-detached property is close to the centre of the former mining town of Shildon in County Durham.
It was originally sold for £49,000 in 2006 but now 2 Dalton Cottages is going up for auction with a reserve price of just £1 to ensure a quick sale.
The 1930s building boasts gas central heating, double-glazing throughout and has been refurbished with new carpets and flooring.
The property also comes with two original brick outhouses in the spacious yard at the rear.
The bargain bungalow will go under the hammer on June 30 and is being touted as an excellent option for first-time buyers or down-sizers.
A spokesperson for Agents Property Auction, who are handling the sale, said: “This semi-detached property is available with no onward chain and is well located close to the town centre.
“It is ideally suited to a wide variety of potential purchasers including first-time buyers,
down sizers and investors alike.
“It has gas central heating via combi boilers and radiators, double glazing throughout and has a pleasant aspect to the side.
“It has been redecorated throughout and has had brand new flooring recently installed.”
Despite it’s knock-down price, the property also boasts a large living room with bay window, two bedrooms, including one which opens to the garden.
The auctioneer added: “At the back of the property there are two brick-built outhouses which are useful for storage as well as a low maintenance garden.
"Dalton Cottages is a mature residential area located a short distance from many local amenities as well as the Shildon Railway station.
“The town centre is also a very short distance away which features a wide selection of facilities.”
