The UK is now in what is dubbed a 'buyer's market', which sees house prices fall as buyers have more power over pricing. Across the country, the average price of a property has fallen considerably in some areas which makes finding a cheap home much more likely. A terraced house has come on the market with a bargain guide price of £30,000, and it is set to go to auction in December.
The two-bed property is considered to be a 'doer-upper' as it is in need of a full renovation, but it has the potential to be transformed into a lovely home.
The house is set in an ideal area for anyone who is keen to escape the hustle and bustle of city life, but stay within commuting distance to Manchester.
Found in the small village of Lumb in the Rossendale district of Lancashire, the property lies just a 40 minute drive away from the city, or an hour's train. READ MORE: Homes Under the Hammer mum and son transform 'sad-looking' terrace and add £70,000 in value READ MORE: Warning to anyone with a log burner as new rule could land you £300 fine Surrounded by open countryside and popular with commuters, the Rossendale borough was recently named one of Britain's 'house price hotspots' by Halifax.
Read more on manchestereveningnews.co.uk
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