Two-bed house could be yours for just £20,000 – but of course, there’s a catch

Pictures of a fixer-upper two-bed house hitting auction for £20,000

It’s a bit of a fixer-upper (Picture: Jam Press/Auction House North East)

A two-bedroom terraced house is about to hit the auction market with a guide price of just £20,000.

But before you get too excited, you should know that it’s very much a fixer-upper.

The home, in Ferryhill, County Durham, might qualify as an absolute steal, however, it has been ravaged by a fire and requires extensive renovations.

The damage the place sustained is evident in some of the rooms, while other parts of the property are in need of a bit of TLC to bring the place up to date.

The kitchen seems to have escaped unscathed from the blaze, but it’s pretty dated.

The entrance hall, lounge, and dining room meanwhile will need the floors sanded and varnished.

The fire didn’t totally destroy the place, but it still needs work (Picture: Jam Press/Auction House North Ea)
It clearly needs work (Picture: Jam Press/Auction House North East)
…Plenty of work (Picture: Jam Press/Auction House North East)

On top of that, the ceilings in some rooms are marked by unsightly streaks.

Even though it will take a lot of work to repair and update, the property could be a great opportunity for the right buyer who’s willing to put the work in and reap the rewards.

In addition to the aforementioned rooms, there’s also a utility room to the ground floor, two double bedrooms, and a bathroom on the first floor.

Ceilings are marked and the floor need sanding (Picture: Jam Press/Auction House North East)
The kitchen is definitely dates (Picture: Jam Press/Auction House North Ea)
Think you’re up to the task? (Picture: Jam Press/Auction House North East)

It’s also fitted with UPVC double glazing and is located near some handy transport links, as well as shops, bars, restaurants and schools.

For any parties interested in bidding, the property will be up for auction on 13 September 2022 with Auction House North East at 12pm via live stream.

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