Property Set to be Sold for £1 on the 24th November 2016

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House Buy Fast, the quick sale company, located in Worthing, West Sussex will be putting an apartment up for auction for £1.

We’ve put the house up for auction as it needs some TLC. I also hope the low starting price could help a first-time buyer onto the property ladder. Its impossible to tell what it’s going to sell for on the day! Four thousand? Five thousand? Who knows?

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On the 24th of November, House Buy Fast, a professional property buyer, will put a property to auction for just £1.

Located in Liverpool, the one bed flat is ideal as a starter home or buy to let and is just a few miles from Liverpool John Moore’s University, The Cavern Club (famously known as the birth place of The Beatles) and Albert Dock.

The property is the cheapest by far on both Zoopla and Rightmove and would let for £375 per month. At the £1 reserve that would equate to a 450,000% yield.

The catch? The property needs an estimated £8,000 of refurbishment.

Since putting the property up for auction, House Buy Fast Director, Jeff Djevdet said, “We’ve put the house up for auction as it needs some TLC. I also hope that the low starting price could help a first-time buyer onto the property ladder. It's impossible to tell what it’s going to sell for on the day! Four thousand? Five thousand? Who knows?”

Following auction, House Buy Fast hope to see the refurbished property in all its glory.

Working alongside SDL Graham Penny, House Buy Fast hope to see lots of interest when it goes to auction at the current English Premier League holders Leicester City football ground, The King Power Stadium.

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Jonathan Rolande

Jeff Djevdet
@HouseBuyFast
since: 08/2012
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