THE cheapest house on Britain’s most affordable street has hit the market for £50,000.
The property, which lies in the quiet town of Shildon, Durham, boasts an impressive interior – complete with huge kitchen, two bedrooms, and a newly renovated lounge.
Shildon has been dubbed one of the cheapest places to buy, with homes valued at less than 1.4 times local household incomes.
In October 2024, the average house in Shildon was valued at £73,200, while the estimated annual household income was £65,800, Zoopla revealed.
However, a semi-detached property that requires no renovations, is on the market for £23,000 less.
Stepping inside, there’s a spacious entrance hall, living room – with electric fireplace – and reasonably sized kitchen.
Each room, including the bedrooms, has been fitted with new grey carpet and the walls appear to have had a fresh lick of paint.
The family bathroom, however, may require some TLC; but it already hosts all the amenities.
With on-street parking and the freehold included it’s an absolute steal.
Just a stone’s throw away from local facilities and schools, as well as transport links into the city, it’s perfect for a young couple or family.
The property is listed with Robinsons estate agents, Bishop Auckland.
Currently, there are others available for just £40,000 – but they’re listed as an auction, meaning this is likely the starting bid amount.
This property, however, is a regular chain-free sale.
In July 2024, a home went on the market for just £15,000.
It sits in one of the historic counties of England that’s home to more than 500 miners’ cottages, as well as several shops and chapels.
It boasts a spacious living room, garden, two bedrooms, kitchen, and bathroom.
Despite needing a little TLC, it still flaunts an open fireplace in the living room and modern pine units in the kitchen.
The detached property is based in the North East of England in Bolden Colliery, a village in Tyne and Wear and sits close to local shops and places to eat.
It even has a friendly local – The Colliery Tavern.
Zoopla’s Consumer Spokesman Daniel Copley said: “This two up, two down is a great option for first-time buyers looking to get on the property ladder.
“It’s the perfect property for a buyer looking to make a property their own, just make sure you budget correctly as costs can quickly add up.”
