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Can you buy property for £10,000

14 replies

Shesasuperfreak · 18/01/2023 19:58

Just out of curiosity, I have seen land sell for that much but is there any where in England that you buy a home for £10,000?

OP posts:
MrsJBaptiste · 18/01/2023 20:00

I'm pretty sure there was a shell of a property for sale in Barnsley for around 10,000 recently. Off to look on Rightmove now...

ComtesseDeSpair · 18/01/2023 20:00

www.zoopla.co.uk/discover/property-news/properties-costing-10000-for-sale/

Yes. But there are always reasons they’re so cheap - from undesirable area, to needing major renovation, lease run out, sitting tenants, or all of the above.

Shesasuperfreak · 18/01/2023 20:06

Thank you, I do wonder how much they will go for at auction though.

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PaperMonster · 18/01/2023 20:09

Burnley.

MrsJBaptiste · 18/01/2023 20:10

Found this gem for 5,000 though!

https://www.rightmove.co.uk/properties/130520843#/?channel=RES_BUY

ReamsOfCheese · 18/01/2023 20:12

Yes but more than a few have mine shafts under them and are liable to collapse one day.

CombatBarbie · 18/01/2023 20:54

MrsJBaptiste · 18/01/2023 20:10

Ah that's misleading, it's going to auction, I highly doubt it will sell for £5k

CombatBarbie · 18/01/2023 20:54

I'm curious as to why you're asking.

Shesasuperfreak · 18/01/2023 20:57

I feel like its something I could save and then to think that you could buy a property out right...its just fantasising.

I'm living in a rubbish, v.expensive, London rental.

OP posts:
CombatBarbie · 18/01/2023 21:06

If there were habitable properties for that amount we'd all own outright and make less desirable areas the new desirable 😁 do look at auction sites though, there are bargains to be had! Especially if you can be outside London.

Spidey66 · 18/01/2023 21:16

MrsJBaptiste · 18/01/2023 20:10

My late dad was in the building trade and did a bit of property development in his time. He would have been rubbing his hands in glee at that house! Would have done a good job on it too!

Calmdown14 · 18/01/2023 21:58

10k no. It's a tempting guide price or only for something in need of demolition.

40k would buy you a reasonable flat near me but I am 500 miles+ north of you!

ThreeChildrenWithSEN · 18/01/2023 22:03

Surely that house will never be refurbished? You'd just be sitting on it praying for a compulsory purchase order

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