5 least expensive homes in County Durham under £40k

One of the largest investments that the majority of us will ever make is in real estate.

However, purchasing a house may seem far off to some due to the astronomical expense of a down payment and the present cost of living problem that is making us restrict our budgets.

However, there are some deals to be obtained, and here we've examined five of the least expensive houses currently on the market in County Durham, all of which are priced under £40,000.

This Peterlee two-bedroom terraced property is being advertised as "a fantastic investment opportunity."

1. Barwick Street, Peterlee: Offers over £32,000

This terraced home with two bedrooms is being offered with no onward chain and is hailed as a fantastic investment opportunity.

2. Front Street East, Haswell, Durham: Price £35,000 

This mid-terrace property has three bedrooms, two living areas, and is offered with no onward chain.

3. Whitburn Street, Hartlepool: Price £35,000 

This three bedroom first floor apartment is currently rented out for £395 per month and is a great investment 

4. Wynyard Mews, Hartlepool: Price £35,500 

This Horden terraced home has two bedrooms and is freehold. The house is unoccupied right now and is prepared for a renter to come in.s.

5. Eleventh Street, Peterlee: Price £38,000