EVERY now and then a property comes up that is an absolute bargain and with the UK’s average house price having increased by £6,000 in the past year, one home in Hampshire offers a more cost-effective solution.

This three-bedroom terrace house is up for auction with a guide price of just £80,000, well under the average UK house price of £256,000.

Excluding shared ownership arrangements, this property on Costwold Road, Southampton, is the cheapest house on the market in Hampshire.

Whilst the terrace house is requiring modernisation, it could be the perfect home for first time buyers who want to take on a project.

Andover Advertiser: Image: RightmoveImage: Rightmove
It is situated off Cumbrian Way, close to local shopping travelling facilities and Southampton City Centre including Millbrook and Southampton Central rail stations.
If you are looking for a property to put your own style stamp on then this could be perfect for you.

In need of modernisation, the accommodation spans over two floors comprising of a kitchen, reception room, dining room and entrance hall on the ground floor.

Andover Advertiser: Image: RightmoveImage: Rightmove Heading up to the second floor you will find three bedrooms and a family bathroom and separate toilet.

The property boasts off-street parking to the front of the property with a small grass area and a large enclose garden at the rear with outside storage.

Andover Advertiser: Image: RightmoveImage: Rightmove

Up for on-line auction with McHugh & Co on Thursday, June 3, the guide price is set at £80,000. In order to bid you must register to do so by 1pm the day before the auction.

You can take a virtual tour around the house and garden area by clicking the link here.

For more information on the property or arrange a viewing, call 020 8012 8911 or view the property through this link.