UK’s cheapest house for just £4,000

Bargain hunters looking for a renovation project that won’t break the bank are expected to take a look at what is considered the cheapest house listed for sale across the UK property market. The unbelievable price tag of just £4,000 for the two up two down traditional terrace house in the Welsh former mining village of Tonypandy in South Wales does not come without a catch – according to the agent handling the sale the derelict property has been neglected for more than ten years and needs a complete renovation before it can be lived in. Local property experts expect great interest from builders when the house is auctioned next as similar properties located close by can fetch up to £60,000. The run-down property currently features two reception rooms, two bedrooms, kitchen and has an enclosed rear garden. The cheapest UK property to date in 2012 was sold earlier this year in County Durham in the north east of Britain and was sold for £8,000.