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Can You Find A Cheaper House In The UK?

12 replies

PootlePosyPerkin · 20/02/2013 15:39

Partly from nosey interest and partly from half-term boredom, I have been browsing the internet looking to see just how much money you would need to buy the cheapest 3 bedroomed house anywhere in the UK.

It all started thinking about the "mortgage/rent free dream" & then moved on to "where could we move to to make that happen quicker" Grin.

Anyway, this is the lowest price house I have found so far (unless I've missed something, and the price is only for the garage or something).

The only rules are that is has to be a whole house & must have at least 3 bedrooms.

OP posts:
Oodsigma · 20/02/2013 15:52

6k

Oodsigma · 20/02/2013 15:53

Sorry that was a weird finance deal though!

lalalonglegs · 20/02/2013 16:32

There were two houses in Middlesbrough that were being sold with guide prices of 750 and 1000 last year Shock.

lalalonglegs · 20/02/2013 16:33

They look perfectly ok as well - kind of Brookside-style rather than tumble-down, decrepit Victorian terraces.

HecateWhoopass · 20/02/2013 16:36

£1 and they'll lend you £30k as well!

Beat that bugger! Grin

AllBellyandBoobs · 20/02/2013 16:40

m.bbc.co.uk/news/uk-england-merseyside-21522274

not bad

Oodsigma · 20/02/2013 17:41

Saw those on the news tonight. Seem like a v good deal

PootlePosyPerkin · 21/02/2013 16:27

Wow! Silly me thinking £9500 was a bargain Grin.

I actually think the £1 house idea is a very good way to improve a run-down area, at least in the short term, as the people who buy them will be no doubt putting considerable time, effort & money into refurbishing and then live in the property for 5 years. That should mean that the area is inhabited by people with a real pride in the home they've (almost) built.

I wish I'd known about the Stoke deal when it was going on - that's almost close enough for me to consider!

Can you imagine what would happen if a similar initiative was introduced in London? Stampede anyone?

OP posts:
MrsLyman · 21/02/2013 16:51

this

Although I expect the agent has either missed out zeros or put it up for sale instead of rent.

AngryFeet · 21/02/2013 19:53

I would imagine houses that cheap would be in really crap areas though

PootlePosyPerkin · 21/02/2013 23:18

They would be AngryFeet, but if entire streets were up for sale then there is potential for that to change. After all, an area is usually considered "crap" as a direct result of the behaviour of the people living there.

Change the people, change the area. Possibly.

OP posts:
juneybean · 21/02/2013 23:22

Middlesbrough and Easington are horrible places...in my opinion.

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