Cheapest house on Britain’s cheapest street hits market for £50k – boasting huge kitchen, 2 bedrooms & renovated lounge
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THE cheapest house on Britain's most affordable street has hit the market for £50,000. The property, which lies in the quiet town of Shildon, Durham, boasts an impressive interior - complete with huge kitchen, two bedrooms, and a newly renovated lounge.
![[The semi-detached two-bed home is situated in the town of Shildon, Durham]](https://www.thesun.co.uk/wp-content/uploads/2024/12/Jam_Press_JMP600576jpg-JS960030893.jpg?strip=all&w=936)
Shildon has been dubbed one of the cheapest places to buy, with homes valued at less than 1.4 times local household incomes. In October 2024, the average house in Shildon was valued at £73,200, while the estimated annual household income was £65,800, Zoopla revealed.
![[It boasts a newly renovated lounge with grey carpets]](https://www.thesun.co.uk/wp-content/uploads/2024/12/Jam_Press_JMP600577jpg-JS960030864.jpg?strip=all&w=936)
However, a semi-detached property that requires no renovations, is on the market for £23,000 less. Stepping inside, there’s a spacious entrance hall, living room – with electric fireplace – and reasonably sized kitchen. Each room, including the bedrooms, has been fitted with new grey carpet and the walls appear to have had a fresh lick of paint.
The family bathroom, however, may require some TLC; but it already hosts all the amenities. With on-street parking and the freehold included it’s an absolute steal. Just a stone’s throw away from local facilities and schools, as well as transport links into the city, it’s perfect for a young couple or family.
![[On the first floor is one of the properties two bedrooms]](https://www.thesun.co.uk/wp-content/uploads/2024/12/Jam_Press_JMP600569jpg-JS960030883.jpg?strip=all&w=936)
The property is listed with Robinsons estate agents, Bishop Auckland. Currently, there are others available for just £40,000 – but they’re listed as an auction, meaning this is likely the starting bid amount. This property, however, is a regular chain-free sale.
![[This large bedroom shows off a colourful feature wall]](https://www.thesun.co.uk/wp-content/uploads/2024/12/Jam_Press_JMP600570jpg-JS960030917.jpg?strip=all&w=936)
