A super cheap house has come on the property market in Greater Manchester, but it is not a purchase for the faint-hearted. The terraced house in Bolton is the cheapest house currently up for sale in the region and is set to go to auction this month for £20,000.
The house needs a whole lot of work doing to it both inside and out before it can be considered a habitable home. As it stands the three-bed mews home has been left in a derelict state with a dated kitchen, a sad-looking living area, unloved bedrooms and a mould-ridden bathroom as well as an jungle for a garden.
The buyer will certainly have their work cut out, but the decent-sized home has heaps of potential for a first-time buyer or investor. Once renovated Auction House expect the property to sell in the region of £150,000 ,or those who choose to buy-to-let could expect rents in excess of £1,000 per calendar month.
