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FOR SALE ... (May require some modernisation); pounds 10,000 guide price for home.

Byline: MIKE BLACKBURN

A HOUSE in Stockton is being auctioned this month with a bargain-basement guide price of just pounds 10,000.

The vacant two-bedroom house on Zetland Road, off Durham Road, is described as being in need of complete renovation.

It is listed as having a lounge and kitchen on the ground floor with two bedrooms and a bathroom upstairs. It also has an attached outbuilding.

The auction in Leeds on July 22 also includes other residential lots in both Stockton and Middlesbrough with guide prices ranging from pounds 15,000-pounds 30,000 plus.

Meanwhile, the former Grangetown Community Centre on Kingsley Road is also scheduled to come under the hammer at a guide price of pounds 50,000 plus.

The vacant detached single storey building with car parking and grounds is in need of refurbishment.

All lots are being offered on behalf of the LPA receivers.

Tony Webber, of auctioneers Eddisons, said: "These properties are very cheap and have been priced to sell."

A total of 121 lots are being auctioned at the two-day sale including a mix of tenanted retail and residential opportunities, vacant public houses, ground rents and lots on the instructions of Yorkshire Water which have declared nil reserves.

But the pounds 10,000 Stockton property is not the cheapest on Teesside in recent years.

One home, on Limetrees Close in Port Clarence, went on sale last year for a mere pounds 9,000, while another burned-out house with no roof on the street sold for the same bargain price.

The two-day sale is taking place at Leeds United Football Club, Elland Road, Leeds on July 22 and at The Fairways Lodge and Leisure Club, Prestwich, Manchester, on July 27.

Both sales start at noon. The full catalogue is available to view on line at www.eddisons.com

CAPTION(S):

HOW MUCH?: How we reported on the sale of the Port Clarence house UNDER THE HAMMER: The empty two bedroom house on Zetland Road, Stockton, above
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Publication:Evening Gazette (Middlesbrough, England)
Geographic Code:4EUUK
Date:Jul 10, 2010
Words:331
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