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You could get this house for as little as £1 - but people are told to enter at their own risk.

Monday 31 July 2017

You could get this house for as little as £1 - but people are told to enter at their own risk.

The home in Ashbrooke, Sunderland, has a guide price of just £1 - with no reserve - and will go under the hammer in Newcastle.

But be warned - it needs a LOT of tender loving care.

So much, in fact, that estate agent Andrew Craig demand legal protection before you set foot in it.

The sales pitch includes the following warning: “Health and Risk Assessment has been carried out upon the building and hazards of a serious nature were noted.

“Anyone wishing to inspect are required to sign a disclaimer and enter at their own risk.”
But for those brave enough to enter there might be a bargain.

The company said: “Attention Buyers! No Buyers Premium To Pay! Guide price £1.

“Yes you have read this correctly, £1 with no reserve. For Sale by way of Auction - 7pm Monday 31st July at the Newcastle Marriott Hotel, Gosforth Park.”

No surprise that the house is described as “needs updating” but it is also said to be “an ideal investment.

The house is an end-of-terrace property off Durham Road with three bedrooms and one bathroom.

It is close to the Park Lane interchange and is near to university and Metro links.

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