Got a spare five grand knocking around? This two-bedroom flat in Sunderland could be yours - but you may not be able to live there right away...
Got a spare £5,000 knocking around? Then this property could be yours. The prospect of become a homeowner for such a small sum might seem impossible to believe, given the soaring cost of property these days, but with oneIt’s not without catches, of course.
The Sunderland property is in a serious state of disrepair, meaning that while you might be able to nab the deeds at bargain price you’d probably have to spend a serious sum of cash getting it up to a livable standard. Located in Villette Road, where, according to Rightmove, the average house is around ten times more expensive than the starting price at £51,000, the flat is due to go under the hammer on June 4.
You can access completely fee-free mortgage advice with London & Country Mortgages, a partner of Metro. Customers benefit from:– Expert advisors on hand 7 days a weekFind out how much you could borrow online Mortgage service provided by London & Country Mortgages , which is authorised and regulated by the Financial Conduct Authority . The FCA does not regulate most Buy to Let mortgages.
Your home or property may be repossessed if you do not keep up repayments on your mortgage. The listing from auctioneers Town and Country reads: ‘The accommodation is expected to comprise a spacious living area, fitted kitchen, well-sized bedrooms, and a bathroom, providing practical and comfortable living throughout.
‘Located within a predominantly residential area, the property benefits from close proximity to a range of local amenities including shops, schools, and healthcare facilities. ’One room is filled with plant pots and filthy carpeting One room reveals a filthy carpet which may well have been light grey but is now black with stains, along with torn curtains on the windows and a tangled arrangement of electrical wires dangling from the ceiling over an assortment of plant pots.
The kitchen boasts dark wood flooring littered with wrappers and food waste, worn-looking cupboards, and worktops scattered with appliances and used kitchenware. Elsewhere one of the bedrooms, decorated with a black and white floral design, features stained walls and piles of clutter on a side table, while bedding and other items spill out of open drawers. The bed is unmade and covered in boxes, while a selection of clothes have been left on a rail in the corner.
Another room – which could be the second bedroom – boasts empty milk cartons, abandoned items of washing hung up on a line attached to the wall, and a dark wood wardrobe standing in the centre of the room. More clutter is piled on the radiator, along with a random plank of wood which doesn’t appear to belong to anything in particular.
And we’re not quite sure what state the carpet’s in since much of it appears to be covered with sheets of cardboard. Moving into the bathroom and the disrepair continues, with plastic containers, broken tiling and assorted mess covering much of the floor — making a safe passage to the toilet impossible.
It’s tricky to reach the toilet in a hurry Even the stairs to the exit don’t offer an escape from the state of the inside, with towels hanging over the bannisters and yet more random items sitting at the bottom of the staircase . While the flat would certainly present a challenge to anybody who put up the winning bid, it still has certain graces.
The rooms, for example, are a decent size, meaning this could be a good investment for anyone looking for a reasonably priced fixer-upper — whether to rent out or live in themselves. It could be a decent investment opportunity for the right buyer Town and Country adds: ‘The area is known for its affordability and strong rental demand, with average property values in the postcode significantly below the city average, making it an attractive option for investors seeking yield.
Huge new 'floating city' will have homes, schools, and a 15,000-seat stadiumIt comes at a time when the average age of first-time buyers in some parts of the UK has risen higher than ever. The age has dropped slightly to 31 in the East Midlands, while in the North-West it’s risen from 30 to 32.
Upgrade your lip routine with 15% off Delilah’s bestselling productsThis luxury bedding made me actually look forward to going to bed Meanwhile, Rightmove’s March 2026 House Price Index estimated the average cost of a two-bedroom home for a first-time buyer in Great Britain is £226,955. Eleanor NoyceBad news if you're flying to Portugal todayThe sex act women wish men would do more as it’s the ‘hottest thing ever’
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Calabasas Confidential: Inside Nicole Sahebi's incredibly private family lifeShe's joined the cast of Calabasas Confidential - but who is Nicole Sahebi? From her age to her career, here's everything to know about the Netflix star. Read more on Grazia.
Read more »
Inside Love Island 2026 star's secret Strictly career and famous presenter palLove Island returns to screens tonight and one of the new islanders is already well versed in the world of showbiz
Read more »
Inside the World of Celebrity: Dua Lipa and Callum Turner's Second WeddingGet the inside scoop on Dua Lipa and Callum Turner's second wedding in Sicily, and find out what Rebekah Vardy's old friends really think of her as she drags up the Wagatha Christie saga once again. Sign up to the Spotlight newsletter to get all the latest celebrity news and gossip, and claim three months' completely FREE access to our subscription service, DailyMail+
Read more »
Inside Take That's The Circus relaunch - how the band decided what to changeAhead of their big opening night, Take That's Gary, Howard and Mark took the time for a catch-up with the MEN about bringing back The Circus, deciding what to change, and why coming back to Manchester is 'always special'
Read more »