A house described as a “bargain” after selling for just £8,250 is in need of renovation and local Shropshire building firm JFP Carpentry & Developments says it’s vital the new owners use professional builders to do the work.
The cheapest home sold in Britain to-date is based in Ferryhill Station, Co Durham. Having stood empty for at least the past decade, the two-bedroom terrace property is in dire need of restoration.
If this house was based in Shropshire, it’d be advisable to call a builder Shropshire and a carpenter from the local area such as a Bishops Castle carpenter. Professional tradesmen can advise on the state of the property, provide quotations for the project and complete the building work to a high standard.
The Daily Mail has reported that bidding for the house in Ferryhill began at a mere £1, before reaching the still-unbelievably-low sale price of a little over eight thousand pounds.
A young family has bought the “shell” of a house in the former mining village and will need to spend time and money on fixing the property. As well as having no ceilings or kitchen, the house has boarded up windows and graffiti on its walls.
This is why a local building firm is essential. For example, a builder Shropshire together with a Shropshire carpenter could complete all the necessary works on such a property – including carrying out general building works, installing a new kitchen and fully refurbishing the interior.
The buyer hasn’t been named but the director of iam-sold, the firm managing the sale, Jamie Cook had this to say: “As far as I am aware it is the cheapest house in Britain. To give you an idea, a garage in London would have sold for more than this.
“The vendor is very happy with the sale. The house was a bargain, but it does need a lot of work.”
Once renovated, some experts say the house could fetch in the region of £30,000. So with the help of the equivalent of a builder Bishops Castle and Shropshire carpenter, the new owners could make some money out of this property purchase.
However, the problem of the nearby train line that creates so much noise it “causes ornaments to rattle off the mantelpiece” is another matter altogether!