Getting on the property ladder can be exceptionally hard these days, with first-time buyers having to save for huge deposits, often whilst paying expensive monthly rent.
So we've taken a look at some of the cheapest properties currently on the market in the North East at the moment, starting from as little as £25,000.
- One bedroom flat, Hartington Road, Stockton: Offers over £25,000
This one-bedroom flat is offered as a leasehold and has been described by agents as an 'excellent investment opportunity'
The property is located close to Stockton town centre supermarkets, employers, train station and transport links and has a potential yield of 19 per cent.
Only cash buyers are invited to offer on it.
- Brandling Court, Shotton Colliery, Durham: Price: £32,000 for 50% share
This three bedroom semi-detached family home is being offered to cash buyers at £32,000 for a 50% share or £64,000 for a 100% share.
The property offers no forward chain and briefly comprises of an entrance hallway, downstairs W.C/ Utility, lounge, kitchen/diner, three bedrooms and a family bathroom.
There is a fully enclosed grassed garden and patio to the rear and a single driveway to the front aspect.
- South Row, Bishop Auckland Price: £35,000
This two bedroomed terraced property located in Eldon in Bishop Auckland is close to a a range of local amenities such as a small convenience store, cafe, doctors and primary school.
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In brief the property comprises; a kitchen, utility room, living room and family bathroom to the ground floor, whilst the first floor contains the two bedrooms. Externally there is a large rear garden and a concrete yard at the front of the property.
- Wynyard Mews, Hartlepool Price: £35,500
This three bedroom first floor apartment is an ideal investment purchase as the current tenant has been in situ for a number of years and would like to stay.
It is currently tenanted at £395pcm and the property is offered as a freehold with no onward chain.
It is close to amenities and boasts a good-sized garden.
- Fern Avenue, South Moor, Stanley Price: £35,000
This vacant freehold two-bedroom terraced property would be an ideal investment purchase.
The property is located in the heart of Stanley, and in brief compromises of an entrance hallway, lounge, first floor landing, two bedrooms, upstairs family bathroom and a paved rear yard with outbuildings and front garden.
Is is offered as a freehold and has walled boundaries with gated access and outbuildings.
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