Househunters looking for a bargain could grab a two-bedroom semi in Stockton - being auctioned this week for a mere £5,000.
The vacant property is on Limetrees Close, Port Clarence, the same street which last year saw two of the cheapest homes sold in the country.
The house is being offered on the instructions of the Joint LPA Receivers at the Eddisons sale at Elland Road stadium in Leeds on Thursday.
The property consists of a ground floor lounge, kitchen, first floor two bedrooms, bathroom/WC, outside gardens front and rear and has a guide price of £5,000 plus.
Land Registry data for 2013 shows that two of the cheapest houses sold in England and Wales last year were in Limetrees Close.
The two properties went for £8,500 and £9,000 respectively. Only a house in Bradford, which went for £8,000, was lower.
The data showed that Limetrees Close was the least expensive street on Teesside in terms of sales over the period, at an average of £16,714.
Sharon Ward, 47, who lives on Limetrees Close, told the Gazette previously she could not imagine living anywhere else after moving to the estate 16 years ago.
Surrounded by unoccupied houses, some burnt out and left in ruins, the mum-of-two said: “It might not be much to look at round here but the community spirit in Port Clarence is brilliant.”
She added: “People seem to buy these property on a whim, then just don’t bother with them. There is nothing wrong with the houses but they just seem to be disowned.”
Another Teesside property hit the headlines both locally and nationally last month when it went up for auction for £1.
The dilapidated mid-terrace house on South Bank’s South Terrace finally sold for £19,125 with Agents Property Auction (APA).
In total Eddisons is offering 80 lots, several on Teesside, at what will be the firm’s final auction of the year. Details of all 134 lots are available to view on-line at http://ift.tt/12Dqrk5.
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