A TWO-BED home with a whopping garden in London has gone on the market for a surprisingly low price – but there’s a catch.
The detached house in Enfield will go under the hammer early next month with a guide price of £300,000.
A detached two-bed home in Enfield will go under the hammer for £300,000 – but there’s a massive catchCredit: Rightmove
The home is in a complete state, with extensive renovations needed in every roomCredit: Rightmove
That’s less than half the average price of a home in the street, with detached properties usually selling for around £615,000.
However, the new owner will have far more to worry about than simply boxing up their furniture and picking the most convenient socket for the kettle.
That’s because the little home is in a state of complete disrepair inside.
Eagle-eyed house hunters may notice the neglect before they’ve passed the threshold.
Weeds are growing through paving slabs outside, while curtains drawn across the windows look grimy.
Once visitors are past the front door, however, the true scale of the work needed becomes obvious.
Carpets have been torn up, exposing the floorboards beneath.
Wallpaper in the living room is black with mould and rotting away in places.
In the kitchen, a cupboard door has been ripped off, while the lino is thick with grime.
The bathroom is in a particularly grim state.
Paper has peeled from the walls, while both the bath and sink have been stained with green cleaning fluid.
Even the most enthusiastic of gardeners may throw their hands up in despair at the state of the back garden.
The space is completely overgrown, with thick weeds almost completely obscuring the grass.
However, for the right buyer, the home is likely to still be a bargain.
It lies moments from a stunning country park, while schools, pubs and restaurants are nearby.
It’s not the only cheap home that’ll need a lot of work currently on the market.
A boarded-up property in Telford, Shropshire is available for less than a second-hand car.
The three-bed house has a guide price of just £10,000.
However, it’s in a complete state, with rubbish littering every room.
Meanwhile, London’s cheapest flats went on the market for the rock-bottom price of £20,000 earlier this month.
But bargain hunters were cautioned to read the small-print carefully before making their offer.
That’s because there’s just over 12 months remaining of its 60-year lease.
No information is provided on what will happen to the flat after the expiration date.
The ad reads: “Held on a lease for a term of 60 years from November 29 1963 at a ground rent of £175 per annum.”
Under the law, if the lease is not renewed, the property reverts to the ownership of the freeholder.
There’s no guarantee the lease can be extended with such little time remaining – and even if it can, it will cost tens of thousands of pounds to do.
While the bathroom is especially grimy, every other space – including the kitchen and the bedrooms – will also need lots of workCredit: Rightmove
A huge patch of black mould is slowly rotting the wallpaper in the living roomCredit: Rightmove
Even the most ardent of gardeners will throw their hands up in despair at the scale of work needed in the gardenCredit: Rightmove