Cheap Bishop Auckland house goes to auction with £5k guide price

A County Durham home is set to go on auction with a guide price of just five grand.

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It means the home could be snapped up for less than a third of the price of the average used-car, which stood at £17,712 in March.

The living room. (Image: BOND WOLFE AUCTIONEERS)

The three-bed property in Bishop Auckland comes with a hallway, two reception rooms, kitchen, bathroom and three bedrooms.

In need of some work, the home could be the perfect investment opportunity or rung onto the property ladder for a buyer willing to take on a project.

Stuck in the past... the home still has a serving hatch (Image: BOND WOLFE AUCTIONEERS)

The kitchen may need ripping out to be brought up to modern design tastes (Image: BOND WOLFE AUCTIONEERS)

The property is currently vacant and is empty of any furniture, making moving in easier.

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It will go on auction next month on May 18 with Bond Wolfe Auctions. Anyone wishing to view the property is advised that no internal viewings are possible.

One of the three bedrooms (Image: BOND WOLFE AUCTIONEERS)

As with any auction property, auctioneers are urging any prospective buyers to read the small print in advance.

To make further enquiries or pre-register for remote bidding visit the Bond Wolfe Auctions website.