Just £40,000 buys you this two-bedroom house - but there's a catch
If you're a keen property developer or simply looking for a brand new challenge - a house in Lancashire might be perfect for you.
A home has just been put on the market in the town of Accrington for a reasonable price of £40,000.
However, these things are never cheap without a catch and there's definitely one here - it requires a bit of TLC.
A two-bedroom mid-terrace dwelling, the property would be best suited to an owner-occupier or investor, following a programme of refurbishment and modernisation works.
If you're up for the challenge, it would certainly be worth it in the end, as the home has a lot going for it.
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The property would be best suited to an owner-occupier or investor (pugh-auctions.com)This includes its location, as it fronts Oswald Street, between Washington Street and Park Street, reports Lancs Live.
It's only a short distance from Accrington town centre and station. It's also only two miles away from Junction 7 of the M65 motorway.
The rooms are large enough themselves, but require some work to get them to a good enough standard for living.
However, the property does already boast UPVC double glazing and a large rear yard.
The latter does require some elbow grease, as it's severely overgrown and needs effort put into it.
On sale for a guide price of £40,000, the property will go on auction on Tuesday, May 23 at 10am, ending at 11.54 on Wednesday, May 24.
It is being sold by Waterfold Asset Management and listed on the Pugh Auctions website. In terms of its tenure, the house is held by way of Leasehold interest of 995 years, less 10 days, from 1 September 1874.
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