A Barrow property is set to hit the market this morning for a startlingly low price.
The apartment on Schooner Street, on Barrow Island, is listed with a guided price of just £1 on property-selling site Rightmove.
Online bidding is set to begin today at 9am, with GetAnOffer putting the property up for sale by public auction.
The historic home is in need of modernisation before moving into, but would make great fun for those looking to get stuck into their latest and greatest lockdown project.
BATHROOM: The property needs modernising
Created in 1883, the tenements of Barrow Island have often been the homes of those making a living at the nearby shipyard.
Sellers describe the area as the ‘industrial powerhouse of the Victorian era’, with the surrounding streets echoing its heritage, being named after sponsors and ships.
With many contractors staying at the nearby redeveloped apartments close to the Schooner Street property, those looking to invest in the area could get in on the action for the low price of £1.
PROJECT: The home would make a great project for a budding developer
For those who are looking for their dream home instead of looking to invest, the cheap reserve price means that there is 'no need for a five per cent mortgage deposit for this property', according to the sellers.
The community spirit of Barrow Island can be felt wherever you go, with a communal garden at the centre of the apartment block setting the scene for great days spent outdoors getting to know the neighbours.
The nearby transport links will land you in Barrow’s town centre within minutes where you will find shops, cafes, bars and restaurants.
BID: A guide price is displayed at £1
From the town centre a quick transport switch by bus or train will take you to the Lake District and beyond.
To place a bid on this low-cost property, register at the GetAnOffer website by visiting www.getanoffer.co.uk
To find out more information about the Barrow Island home, or if you have questions about the auction process, you can call the GetAnOffer team by dialling 01903 331 031.
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