WITH the UK’s average house price having increased by £6,000 in the past year, one home in Hampshire offers a much more cost-effective solution.

This three bedroom end of terrace house in Gosport is up for sale with a guide price £110,000, well under the average UK house price of £256,000.

Excluding shared ownership arrangements, it is the cheapest house on the market, and has its own garden and parking bays.

The property on Magennis Close, Gosport, benefits from a lounge, kitchen/dining area that leads to a rear garden and study/bedroom.

Romsey Advertiser: Images: RightmoveImages: Rightmove

The kitchen is fitted with an electric oven and electric hob alongside plumbing for a washing machine and space for fridge/freezer.

To the rear, the garden compromises of both patio and lawn and is fully enclosed.

Climbing up to the first floor of the building, you will find three bedrooms and a family bathroom.

Romsey Advertiser: Images:RightmoveImages:Rightmove

Situated less than three miles away from the nearest train station and in the catchment area for four ‘good’ rated Ofsted schools the property is perfect for families.

For more information, call 02382 200293 or visit its Rightmove listing through this link.