Home buyers could typically save more than £40,000 by purchasing a “fixer-upper” property, according to analysis.
The average asking price of a fixer-upper home is £327,224, which is £44,634 less than the £371,858 typical price tag for a home in Britain, Rightmove said.
Rental prices have surged by 61% over the past decade, which could prompt renters to consider more affordable properties in need of refurbishment as a pathway to ownership, the website suggested.
