[interestrateripoff]

http://www.dailymail...id-start-1.html

Quote

A house thought to be the cheapest in Britain has sold for just £8,250.

Bidding began at the princely sum of £1 for the two-bed property, which is in the village of Ferryhill Station, County Durham.

But its new owner faces a hefty refurbishment bill. All of the windows are boarded up and vandals have spray painted graffiti on walls.

A steal if bought for BTL and get HB tenants in?

I'm guessing the area isn't the best?

[Patfig]

interestrateripoff, on 28 March 2012 - 06:48 PM, said:

http://www.dailymail...id-start-1.html



A steal if bought for BTL and get HB tenants in?

I'm guessing the area isn't the best?

I grew up near there and to be honest its not as bad as you might think.
The area has always been cheap hisorically.

[awaytogo]

interestrateripoff, on 28 March 2012 - 06:48 PM, said:

http://www.dailymail...id-start-1.html



A steal if bought for BTL and get HB tenants in?

I'm guessing the area isn't the best?

We will see more of these in the future.

[eight]

Patfig, on 29 March 2012 - 11:49 AM, said:

I grew up near there and to be honest its not as bad as you might think.
The area has always been cheap hisorically.

Trains pass within 50ft at 125mph.

[Ulfar]

Looking at the brickwork with large parts being very new, it looks like a train has run into it.