Getting on the property market is a difficult task for first-time buyers today thanks to soaring house prices and rising mortgage rates. But one proven way that you can get a foot on the ladder quicker is through buying a doer-upper.
Not only can run-down, older properties be bought for a much cheaper price but, if you can find a hidden gem that's in a great location too, then you'll reap the benefits when it comes to selling it on in the future.
First-time buyers Ellen and Jack saw potential in a dated rental property in Stockport, which they described as ‘the worst house on the nicest street'. After buying it under their budget for £200,000, they have since transformed it into a lovely two-bed starter home.
