Fixer-uppers: cheap UK homes for under £50,000
Fixer-uppers
House prices continue to rocket, but there are still some bargains out there - if you have the time and DIY skills to release their potential. We reveal some of the cheapest homes around, all of which you can find on property site Zoopla.
Skelmersdale: £44,000
This one is being sold as a ‘project’, at £43,950. The big draw is the fact that this is a detached property. However, there are a couple of signs that this isn’t going to be a case of applying a coat of paint and moving in. The windows are boarded up...
Skelmersdale: £44,000
...The kitchen consists of a countertop hanging off the wall and the windows appear to be braced on the inside.
Hawick: £30,000
This is a lovely little flat in a nice part of Hawick in the Scottish Borders. Just £30,000 buys you a kitchen, separate sitting room, bedroom and shower room.
Hawick: £30,000
It also buys you a project for modernisation. Once you’ve installed central heating, and got it taken off the electric meter, you can take a sledgehammer to the 1970s kitchen and built-in wardrobes, and ditch the 1980s carpets and curtains.
Hull: £40,000
This terraced house will set you back just £39,950. As you might expect at this price, it’s not in the poshest part of Hull, and is in a regeneration scheme.
Hull: £40,000
It will also need a fair bit of work to get it ready for moving in or renting out. However, with the level of work required, you can always look at it as a blank canvas that will let you put your own stamp on the property.
Grimsby: £37,500
This three-bed terrace house in Grimsby will set you back just £37,500. The estate agent isn’t giving an awful lot away in the particulars, but they are specifically marketing it to builders and developers, which indicates just how much work is required.
Grimsby: £37,500
If you’re willing to take it on, there are thee decent-sized bedrooms, a big lounge/diner, and even a garden.
Crieff: £45,000
The town of Crieff near Perth is home to this £45,000 one-bedroom flat.
Crieff: £45,000
The current owner has installed electric heating, and employed the same striking colour scheme in every room (as you can see), which is one reason why the estate agent is marketing it as ‘in need of modernisation’. You might want a shower, an updated bathroom, and more than a handful of kitchen units too.
Accrington: £30,000
The cheapest of the lot, this two-bedroom terraced house costs £29,950. The estate agent describes it as being in need of a ‘general upgrade’, which looks from the photos as if it means ‘complete overhaul’.
Accrington: £30,000
You might find a hipster keen to pick up the vintage 60s fixtures and fittings. Otherwise, you may need to start this project with a skip. Nevertheless, if you put the work in, you’ll end up with a cheap little house, half a mile from the station.
Bridgend: £49,500
This compact home is being marketed to investors, at just £49,500. The property already has central heating, along with some fairly string interior design features from decades gone by.
Bridgend: £49,500
From the green bathroom suite to the wood-effect built-in wardrobe, the dark kitchen cabinets and the liberal use of floral wallpaper, there’s some updating to be done. However, there’s nothing to frighten the horses here, and is well worth considering if you’re looking for a project.
North York Moors: £45,000
For £45,000 you can get this two-bed terrace in the middle of Lingdale near Saltburn-by-the Sea on the edge of the North Yorks Moors.
North York Moors: £45,000
At the moment there’s no central heating, the carpets are swirly enough to make your eyes water, and the kitchen could kindly be described as ‘basic’. However, it’s on the kind of scale that might not be too daunting to take on, and in the end you’ll be left with a nice little house within commuting distance of Whitby.
Paisley: £35,000
It’s an odd-looking building, but if you can get over that, for £35,000 you can buy a two-bedroom flat close to the university in Paisley.
Paisley: £35,000
It needs work, but compared to others on this list it at least has central heating, a bathroom and kitchen units - just fairly tired ones. If you’re willing to put in a bit of time and effort it would make a decent rental property, and as the bedrooms are a similar size, tenants won’t fall out over who has the best room.
Great Yarmouth: £40,000
You can get a home with bags of potential, within walking distance of Great Yarmouth seafront and town centre, for just £40,000. If you’re prepared to take it on, you can grab yourself a bargain - complete with off-road parking.
Great Yarmouth: £40,000
The flat does need central heating though, and the kitchen and bathroom desperately need replacing.
Morecambe: £49,500
This first floor flat is in an area of high demand, it has outside space, off-road parking and no chain - and it’s priced at just £49,500.
Morecambe: £49,500
The work you’d have to do is fairly substantial, as there’s no sign of central heating, the turquoise bathroom is a 1970s relic, and the rest of the house sports some of the less attractive colour schemes of the 1980s. The question is whether you’re prepared to put the work in.
Merthyr Tydfil: £50,000
This is priced at the top end of the range - at £49,950. However, the work required is more cosmetic than other homes on the list.
Merthyr Tydfil: £50,000
It’s a charming three-bedroom terraced house with outside space and two reception rooms, and some of it at least has central heating. Aside from dragging the decor into the 21st century, and fitting a new kitchen and bathroom, the only other major job would be to repair the hole hacked into the wall when the washing machine was fitted.