Only £1,000: is this Britain's cheapest flat?
Published by Max Salsbury for 24dash.com in Housing and also in Finance
Only £1,000: Is this Britain's cheapest flat?
A two-bedroom Northumberland flat has gone on the market for £1,000.
It features a lobby, entrance hall, kitchen/dining area and a sitting room, all for a bargain £1,000 - or so it seems.
In fact, the flat in Alnwick will start at £1,000 when it goes to auction, but may fetch much more.
Sarah Stowart, manager of estate agents Rook Matthews Sayer, said: "I can't possibly predict how much it will actually go for, but the average price for similar properties in the area is £80,000.
"Three sales have already fallen through at the last minute, so it was decided to put it to auction and market it agressively."
The present owner has lived at the flat for the last 18 years but is now moving south to live with family.
Alnwick has a population of just over 8,000, and back in 2002 a Country Life magazine survey rated it the "best place to live in Britain".
The £1,000 flat, which has no reserve price, will be auctioned next week.
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