A period property in the city centre of Salford, Greater Manchester, is something students, families, and professionals alike could be very interested in.
And, with a price of just £5,000 on its Rightmove listing, this two bed dwelling may be extremely appealing.
The apartment, listed by the estate agency Property Exchange, is close to Salford University, with the city centre of Manchester being easily accessible via public transport.
It’s described as being a well presented space, boasting two “spacious” double bedrooms.
Enter the property through a communal area, and you’ll arrive into a private entrance hall, before exploring the open plan living room and fully fitted kitchen.
There’s a main bathroom too, and the apartment even includes an off-road parking space.
The property itself is a conversion, which lies within a period red brick building.
So far, so good – but could this really be yours for just £5,000?
While the price tag certainly catches attention, the listing clearly states that this is a part buy, part rent property.
This means that the £5,000 may be a deposit, with additional instalments being required.
What’s more, there’s a service charge for the apartment of £80 per month, and ground rent of £100 per year.
The latter is due to the property being a leasehold – with 90 years remaining.
In the description, the estate agent said: “Home ownership made easy.”
While houses in the area may not be going for £5,000, they do have a relatively low price tag.
For instance, a similar flat on the same road was recently listed as for sale online, with the seller looking for offers in excess of £75,000.
Elsewhere on the property market, a four bed house in central London was spotted on Zoopla recently with a price tag of just £50,000.
The home in the UK capital boasts a large roof terrace, with views to the nearby Canary Wharf.
However, upon a closer look, all becomes clear about this seriously cheap offer.
In actual fact, the listing price is actually the deposit which is required, with a purchase price of £1,399,995.
So, after laying down the deposit, the buyer will then finance their home by paying £795 per week.