It’s no secret that getting a foot on the property ladder is harder than ever, but against all odds, one house is being sold for just £1.
For a little more than the price of a small chocolate bar, you could have a permanent roof over your head.
Despite what you might think, the house isn’t dilapidated and is actually a modern two-bedroomed terrace house in Tonypandy, Wales.
It even has its own rear garden, which sadly isn’t pictured on the listing.
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The property description reads: “To be sold to the best bid – offered without reserve.
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“Tonypandy sits within the Rhondda Valley – an area especially popular with tourists seeking outdoor pursuits.
“The property itself is situated within High Street, which is in fact a residential location to the west of Tonypandy centre where a range of shopping and recreational pursuits may be found.
“The area is well renowned for outdoor recreational pursuits whilst more immediately available is Clydach Vale Country Park located a few minutes’ walk from the property.
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“This mid terrace two bed house is presented in clean decorative order is fully double glazed, has gas central heating and benefits from a rear garden.”
As if all that wasn’t enough to get you bidding, the house is also a great investment opportunity and is currently being rented for £595 a month until 29 April this year.
However, there is a catch, legal fees are associated with the sale, and the new owner will have to pay a contract documentation fee of £1,500 to the auctioneer, Barnard Marcus.
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But, with terraced houses in the area selling for an average of £108,262, this is still more than 99% cheaper including the fee.
The property is being sold at auction today (6 February) without a reserve and bidding starts at just £1.
On the off chance no one else is interested, someone could bag themselves quite possibly the bargain of the century.
