A man from Manchester has revealed how he snapped up a run-down house for £10k - and increased its value by 550%. Jake Knotman, 25, spotted the boarded-up terraced property in Burnley last year and instantly saw its potential.
The 'uinhabitable' home was filled with damp, mould and fly-infested rubbish before Jake began his impressive renovation. After being valued, the house is now worth £65,000, an impressive £55,000 more than his initial purchase price. READ MORE: How to get rid of damp and mould in your home - and stop it from returning The Burnley home was a 'dream buy' for property investor Jake, who purchased his first house at just 21.
Read more on manchestereveningnews.co.uk
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