Two-bed family home on the market for just £5,000- but there's a catch

Daily Mail​

5 days ago

A family home could be yours for a steal of a price- but potential owners may need to get their hands dirty.
The two-bed property, on Eleventh Street in Peterlee, Durham, is up for a guide price of just £5,000- less than the price of a used car.
While the price tag may seem like a dream come true for first-time buyers or bargain-hunters, the inside of the home paints a very different picture.
Snaps show every room in the house piled high with mounds of rubbish, discarded clothes and broken furniture, closely resembling the scene of a hoarder's home rather than a cosy family abode.
Prospective buyers will have their work cut out as the rooms are piled high with rubbish, meaning buyers may want to bring gloves and a very strong stomach.
The house is stacked with unwanted items including chairs, mattresses, drawers and discarded doors, picture frames and clothes.
Snaps of the kitchen show missing cupboards under the sink with debris scattered across the worktops and on the ground. The floor is barely visible beneath the layer of rubbish.
Each room in the home is piled high with discarded clothes and household items, resembling that of a hoarders property.
There is also a bath pictured which appears full with unwanted items alongside damage to the tiled walls.
Despite the state of disrepair, estate agents are calling it a 'fantastic investment opportunity'.
In contrast, the average house price for a terraced property in Peterlee stands at just over £74,000 according to Rightmove.
An online advert by auctioneers Under The Hammer reads: 'A vacant freehold property located in a residential area within Peterlee.
'The property has a reception, kitchen, two bedrooms and a bathroom.
'Externally the property benefits form on- street parking and a paved rear garden.'
A spokesperson added: 'It is due to go to auction soon so people will bid above that price.
'With it being listed at that price it will attract a lot of people to the property.'
While it may take a few skips and a serious clean-up operation to make the house habitable again, some buyers may see the potential for a renovation project – or even a profitable flip.
With the right vision (and a lot of elbow grease), this house could be turned into a tidy little earner. But for now, it's a fixer-upper in the truest sense of the word.
It comes after another two-bed home was put up for sale for the bargain price of £145,000, but there was also a catch.
The semi-detached house in Alvaston, Derby, is swamped by hoarded toys, blankets and cards that say the word 'Mum'.
A generous estate agent description says the home is 'spacious' and 'an excellent find', lauding its 'inviting landing area' - although they do admit that it is 'a small renovation project'. They add that they anticipate a 'high amount of interest'.
The wallpaper on the walls is dark with damp, while the dilapidated kitchen is piled high with cans, packets of food and teabags.
Black mould covers the grimy walls and ceiling of the old-fashioned bathroom, where the shower rail has fallen from the wall and the sink cabinet has collapsed.
And in the neglected garden, wheelie bins lie abandoned amid overgrown bushes and piles of cardboard.
In stark contrast, from the front of the building, the meadow-like lawn is divided sharply from the manicured green grass of their next-door neighbour.
Viewers reacted in horror to the property after seeing the home on social media.
One, Gavin Barrie, said: 'Oh god I need to go and shower after seeing that.'
Another took a jibe at the suggestion that it would only need a 'small' renovation - joking: 'with a flamethrower?'
A third said: 'You can smell those pictures,' while a further commenter added: 'Hazmat suit required before entering.'
But others were more sympathetic over the tragic sight. Melindi Scott, said: 'That is just the saddest thing,' while another, Peter, added that it would be 'brimming with memories'.
The property has two large bedrooms, one family bathroom and a lounge spread across two floors.
In one room a trio of musty suits still hang from the handle of the wardrobe, while an umbrella can be seen safely stored on top.
In the master bedroom clothes remain folded at the foot of the bed and the sheets show signs of wear. In the corner, huge piles of clothes and other indistinguishable items cover the floor.
The seller Springbok Properties - who recommend that viewing is 'highly advised' - recommended the house as an 'ideal investors opportunity'.
They said: 'Nestled within the charming village of Alvaston, this property offers an ideal setting for those looking to expand their portfolio or embark on a small renovation project.
'The home is conveniently located with easy access to a wide range of local amenities, transport options, and major road links, making it a desirable choice for buyers seeking both tranquillity and convenience.
'The accommodation briefly comprises a welcoming entrance way, a spacious living room and a fitted kitchen.
'To the first floor is an inviting landing area through to two well-proportioned bedrooms and a three-piece bathroom with a tub-shower combination, a hand wash basin and a WC.
'This home is an excellent find. We anticipate a high amount of interest and as such we would recommend that any interested buyers inquire to arrange a viewing at the earliest convenience to ensure the opportunity is not missed.'