A three-bedroom house has been put up for sale for the low sum of £5000.
The price of a vintage handbag is less than the price of a mid-terraced property on Pine Street in Stanley, County Durham.
Downstairs, there is a living area, a kitchen, three large bedrooms, a foyer, and a family bathroom.
The property also boasts an envious back yard, which is ideal for families with children looking for a safe space to play outside.
It would cost you more to buy a second hand ‘Chanel by Karl Lagerfeld Timeless Bag’ and there is currently one for sale for £5,400.
The home, which is being auctioned by underthehammer.com with a guide price of only £5K, could be extended at the back and would be a good project for investors.
As for location, the property has fantastic transport links as it is around 5 miles away from Chester-le-Street Sta
tion in County Durham, which means you can be in London in under four hours.
You could also enjoy days in the historic city of Durham which houses Durham Cathedral, as it is just a twenty minute drive away.
The home is close to great local primary schools for families with young children.
The average house price in Stanley is just £110K, compared to London where it is £670K.