Britain’s cheapest flat with two bedrooms & spacious living room just minutes from town centre goes on sale for £1

BRITAIN'S cheapest flat with two bedrooms and a spacious living room has been put up for sale for merely a pound.

The ground floor flat is situated just minutes away from the centre of Wallsend, Newcastle.

The flat boasts two bedrooms, a bathroom, a lounge and a kitchen, plus off street parking.

Its closest transport link is Howdon Metro Station, just an eight minute walk away.

Alternatively, driving to the centre takes just 20 minutes.

Rated Good on Ofsted is one of the flat's nearest schools, Dunn Street Primary School, a 24 minute walk away or eight minute drive via the Tyne Tunnel.

It appears to be currently tenanted and needs some modernisation.

However, comparisons show a two-double bedroom flat on the first floor of a development in Sidcup going for up to £350,000.

Plus, a two-bedroom flat in York, with a guide price of £850,000.

Anyone is sure to make their money back with this investment.

The flat was to be sold at auction via Pattinson Estate Agents.

The description said: "To be sold via online auction - 18/10/2024 12:00 - fees apply.

"Starting bids of £1 - currently tenanted at £390pcm.

"We are delighted to offer this excellent opportunity to purchase this two bedroom flat.

"The property briefly comprises an entrance hall, lounge, kitchen, bathroom, and two bedrooms.

"No viewings are available, the property will be sold as seen & cash buyers only."

The website suggests someone may have bagged this bargain.