Buy a house for £15,000: Two-bed family home with sizeable kitchen, bathroom and living room

A two-bedroom home in Sunderland, UK is for sale at the price of a second-hand car, £15,000 ($20,900). The end-of-terrace house located in Leonard Street has a spacious living room with a wooden fireplace, a sizeable kitchen, a family bathroom, a large master bedroom and a small garden which has raised flower borders, enough space for a picnic table and a barbecue. However, it will require a deep clean and redecorating throughout, although the cleaning is superficial. The dated wallpaper walls the antique-looking lighting fixtures in the master bedroom and the mold problem in the bathroom and ceilings indicate that the home has not been occupied for some time.

The bathroom is fitted with a white bath suite with a sink and panelled bath, but it has damp on the ceiling and a stained red carpet. The living room features a fireplace, marble hearth, coving, and double glazing. Although the kitchen is fitted with a range of base and wall units and has splashback tiling, it will require work to improve the space. The house is situated near Park Lane Metro Station, which has good transport links into Sunderland City Centre and the major cities of Newcastle and Durham.

The property is estimated to yield £400 a month as rent and could pay for itself in just over three years. Sunderland City Centre is within walking distance of the property and boasts cafes, bars, and shops. Roker, Seaburn, and South Shields beachfront locations are within a short distance and many national parks and heritage sites of North East England. This is a chance for a buyer who is willing to put in the effort to transform the house into their dream home.

This property represents a unique opportunity for those looking to invest in a project to improve their home in a beautiful part of the UK. First-time buyers, those looking to renovate and those looking for an upgrade in the size of their home could all view this home as a project whilst still keeping costs relatively low. Although the property does require work, the potential to truly make it your own is irresistible.



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