Fancy a bargain? (Picture: North News & Pictures Ltd)

What if we told you that rather than scrambling around for a deposit to get a mortgage, you could just buy a house outright for £5,000?

It’s true… but there’s a big catch.

A three-bedroom property on Pine Street in Stanley, County Durham, is on the market for £5,000 through an auction.

But before you get too excited, take a peek inside. There’s a lot of work to be done.

Photos show interiors that look like they haven’t been touched in decades, with gloriously retro printed carpets, slightly dingy wallpaper, and a pink bathroom (which we actually kind of love).

All this means that the house has bags of potential, but if you’re after a modern, sleek design, you’ll need to do a lot of DIY work.

This home in Stanley, County Durham, is on the market for £5,000 (Picture: North News & Pictures Ltd nort)

But it’s a little dated inside… (Picture: North News & Pictures Ltd)

Check out the pink bathroom (Picture: North News & Pictures Ltd nort)

But let’s focus on that potential.

The house has one living room, a kitchen, three bedrooms, and a downstairs family bathroom.

We hope that picture is included in the sale (Picture: North News & Pictures Ltd)

The red carpet isn’t in great shape (Picture: North News & Pictures Ltd )

There’s some outdoor space, too (Picture: North News & Pictures Ltd )

There’s a rear garden, and there’s potential for an extension to the rear, subject to planning permission.

More: Money

It’s ideally located, around 5 miles away from Chester-le-Street station for easy transport around the UK, and just a 20-minute drive from the city of Durham.

If you fancy putting in a bid, you can find out more through the Zoopla listing.

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