Two bedroom house in Hull goes up for auction with starting price of £1,000 – but potential buyers aren’t allowed inside
- The home is situated on Dorset Street, in Gipsyville, off Hessle Road, in Hull
- However the price comes with a catch – as the home is badly fire damaged
- Similar properties on street have sold for around £55,000 – without fire damage
The ‘cheapest House in Hull’ is set to be auctioned for a starting price of just £1,000 this week, but potential buyers will not be allowed inside before placing their bids.
Situated in the residential area of Dorset Street, in Gipsyville, off Hessle Road, the two-bedroom terraced house sits along side those worth in the region of £55,000.
However the heavily discounted price comes with a catch – the property has been badly fire damaged and the renovation work is not for the faint-hearted.
The two-bedroom property sits on Dorset Street, in Gipsyville, off Hessle Road, Hull (pictured boarded up, centre)
The fire-ravaged family home is set to go under the hammer with estate agents Bond Wolfe Auctions on June 24 – as Hull’s cheapest property and one of the cheapest in the UK.
Due to coronavirus lockdown restrictions internal viewings are not currently being carried out, with only external viewings available.
The house consists of a ‘reception room’ with a kitchen/diner on the ground floor and two bedrooms on the first floor and has a rear garden.
The advert online reads: ‘For sale by public auction on June 24, 2020.
‘Please note that the auction will be livestreamed via our website with remote bidding by proxy, telephone or internet only.
Similar properties on the street have sold for in the region of £55,000 – without fire damage
‘A vacant freehold mid-terraced property, which has been the subject of fire damage. A mid terraced property, standing flush to the pavement. Freehold vacant possession upon completion.
‘The property has been the subject of fire damage and therefore requires refurbishment throughout.
‘At the time of going to print, the auctioneers were unable to inspect the property internally and therefore the accommodation details should not be relied upon.
‘External viewings only.’