Buyers could snap up this two-bed home in Leicestershire for as little as £100,000 – but there’s a catch.
The two bedroom terraced house in Hinckley is currently being rented out for £500 a month but it has been listed for auction with SDL Auctions.
It is one of nearly 150 similar properties in the area that have gone for an average price of £161,059 in the past 12 months, according to Rightmove.
House coulup selling for tens of thousands less than the average, reports the Leicester Mercury .
However, there is one catch that buyers will have to contend with.
Prospective buyers will be unable to see inside the property before they buy.
A description of the property reads: “Please note, no internal viewings will take place. The auctioneers have not inspected the property internally.”
Auctioneers believe the property to comprise of a lounge, dining room, and kitchen on the ground floor.
While the first floor comprises two bedrooms and a bathroom.
Outside, there is a small garden to the front and further garden to the rear.
The description continues: “Currently let out at £500 PCM / £6,000 per annum. The property is situated close to the town centre and its many shops.
“The train station is 5 minutes walk away giving access to London in an hour.
“Well situated with a network of road communications including the A5 and M69 and M1 motorways.
“Hinckley has recently undergone new regeneration having a new cinema, new leisure centre and The Crescent comprising of shops, bars and restaurants. Queens Park is also close by.”
The property will feature as Lot no 6 at SDL Auctions’ Leicester auction this month.
It takes place in the Keith Weller Suite, King Power Stadium, on Tuesday, December 17.