The cheapest house in Britain is set to be auctioned off with bids starting at just £1.
The three-bedroom property, which has no reserve price, is on the market for less than a morning coffee after being severely fire damaged in 2015.
But anyone with a taste for DIY or building and renovation experience could be sitting on a goldmine if they snap it up close to the starting bid.
Oh, and theres no council tax to pay due to its current condition. Bonus.
Although there have been £1 auctions in the past, many of these are sold by councils – meaning the new owner has now been able to rent or sell after purchase.
But this property was acquired by private Bury-based house buying firm, Property Saviour, which allows the winning bidder to rent it, sell it, re-mortgage it, or even live in it themselves.
Other houses on the same street have an average value of £67,000.
Saddat Abid, Senior Property Buyer, Property Saviour, said: We initially wanted to restore the damaged property ourselves, as we saw a lot of potential.
However after being let down by builders over the last few months we decided to give somebody else the chance to buy it. This could be a great investment for somebody looking for a new project.
Weve made sure the internal rubbish from the fire damage has been removed. This means that you can either get stuck in straight away or do it up as you go along.
This is a rare opportunity and perfect for a home owner who wants to end up a with a mortgage free affordable home.
The £1 auction takes place at Elland Road Stadium, Leeds, on December 12. The property is being marketed by Auction House, West Yorkshire.