As the cost of living crisis continues to hit hard, the majority of normal folk looking to get on the property ladder will have to wait longer than normal.
But, here in Lancashire, you might be able to bag yourself a bargain. There are lots of housing developments being built meaning there are a lot of houses on the market.
From run-down fixer uppers to properties in need of a facelift there are plenty of opportunities to turn a bargain into a show home. We've taken a look at some of the cheapest houses currently on the market, with some for as little as £5,000.
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Fir Street, Nelson - £5,000
This two-bedroom terrace property is on the market in Nelson, to be sold at auction. It is understood to be a mid-terrace house that requires extensive cleaning and refurbishment throughout due to its deteriorated internal condition.
It comprises of two bedrooms, an upstairs bathroom and two ground floor rooms. There is also an outhouse in the rear yard.
Situated in Nelson, the house is positioned approximately 0.5 miles from the town centre and in close proximity to shops, restaurants and parks.
Nelson Railway Station is approximately 0.5 miles from the property too and primary schools are also under one mile from the house. Full details can be found here.
Burnley- Grange Street £5,000
A two bedroom property up for auction with a guide price of £5,000. There are very few details about this property except for information on the layout.
The ground floor includes the reception room and kitchen while the first floor offer landing space, two bedroom and a bathroom. Outside there is also a back yard.
The property is currently let a rental figure of £350pcm exclusive- £4,200 per annum and will be up for online auction on March 30, 2023. Full details on this listing can be found here.
Hermitage Street, Rishton - £9,000
The property is set to be sold at auction tomorrow (June 19) by BP Auctions, Birmingham. The one-bedroom property is part of a mid-terrace house configured as two self-contained one-bedroom flats.
With links close to the M65 motorway is makes it the ideal location. You can view more details here.
Chapel House Road, Nelson - £10,000
This two-bedroom house is being sold via auction on July 6. It is being auctioned off by McHugh & Co, London.
The two-bedroom property is in need of modernisation and sits over two floors. With a yard at the rear, two bedrooms, a bathroom, kitchen and living room, it would make the perfect starting home for someone.
You can view more details here.
18 Reed Street, Burnley - £10,000
A two-bedroom terraced house is on the market in Burnley for £10,000, an ideal investment opportunity for anyone looking to add to their property portfolio. Located on Reed Street, the home is in a residential area where there is a high demand for rental properties and others in the area have sold for significantly higher than their asking price.
The mid-terrace house is in need of major improvements, but has the benefit of being well-proportioned family accommodation. It features a sitting room, kitchen, landing, two bedrooms, one family bathroom and enclosed garden to the rear.
It is on sale by unconditional online auction that closes on 16 May. Full details can be found here.
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