Finance

Two-bedroom home near beach is on market for just £15,000 – cheaper than a car


A TWO-bedroom home is on the market for £15,000 — around the typical price of a used car.

The snug end-of-terrace property is a mere fraction of the national average of about £250,000.

An end of terrace house is on the market for only £15,000

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An end of terrace house is on the market for only £15,000Credit: NNP
The bargain property boasts a wooden fireplace but it will need a clean up

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The bargain property boasts a wooden fireplace but it will need a clean upCredit: NNP

It is close to Sunderland city centre and beaches at Roker, Seaburn and South Shields.

Although small, it has a large master bedroom and sizeable kitchen.

There is also a spacious living room with wooden fireplace and outside yard.

However it will need to be thoroughly cleaned and redecorated throughout.

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It could yield around £400 a month in rent, so would pay for itself in just over three years.

The buyer could rent the property out ind be in profit within three years

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The buyer could rent the property out ind be in profit within three yearsCredit: NNP
The property is on the market for the same price as a second hand Seat Ibiza car

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The property is on the market for the same price as a second hand Seat Ibiza carCredit: NNP
The cheap end of terrace house features a sizeable master bedroom

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The cheap end of terrace house features a sizeable master bedroomCredit: NNP





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