TRYING to find a new property can sometimes be a difficult task - thinking of the price, location, furnishings and potential to turn it into a home. 

However, after scouring the internet for cheap houses - The Northern Echo has found the cheapest possible house available on the market - and at only £32,500, could be a smart investment. 

Located at Woodbine Terrace, New Kyo, Stanley, the one bedroom flat for sale is new to the market and showcases 'open plan living'. 

Read more: Tribute to Faisel David Ames Abdou killed in South Shields assault

With Chester-le-Street train station only 5.8 miles away and Dunston 7.1 miles away, the property, marketed by Sylvester Properties features a lounge/kitchen, bedroom and bathroom.

On the marketing site, the property agent notes that the "property would make the perfect purchase for first time buyers and single person households alike".

There is even shared outdoor space at the back of the property, comprising of paving and turfed areas. 

Here's some photos of the property:

The Northern Echo:

The Northern Echo:

The Northern Echo:

The Northern Echo:

Pictures: ZOOPLA

Despite the price tag, Sylvester Properties does mention that none of the applicances featured in the property, including an oven, hob, radiator, sinks and sockets haven't been tested or checked.

More about the property can be found here.

Keep up to date with all the latest news on our website, or follow us on Facebook, Twitter and Instagram.

You can also follow our dedicated County Durham Facebook page for all the latest in the area by clicking here.

For all the top news updates from right across the region straight to your inbox, sign up to our newsletter here.

Have you got a story for us? Contact our newsdesk on or contact 01325 505054