THIS is the cheapest house for sale in Oldbury.

The two bedroom terrace in Barker Street, which needs a bit of TLC, is on the market for a guide price of £45k.

The sales notes for the home state it could be a good investment for a landlord who could rent it out for £500 a month.

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Notes on the SDL Auctions website state: "We believe the potential rental return would be £6,000 per annum, making a yield of over 14 per cent if purchased at the current guide price."

The property will be auctioned online next Thursday (May 28).

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The auction will be held behind closed doors and broadcast live online with remote bidding only.

The leasehold empty two-bedroomed terraced house, which has two reception rooms, is set back from the footpath by a small fore-garden.

The sales details note: "The house is located within ten minutes of J2 M5 and Langley train station, making it ideal for those needed to commute.

"We believe that are approximately 14 years left on the lease, however, please refer to the legal pack for further details."

Viewings are not being held, but there will be videos tours wherever possible.

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