What could you buy for under £30,000? A brand new Ford Focus starts from around £23,230, according to Autotrader, while the average wedding in the UK comes in at between £9,000 and £17,300 - so says a report in Bride Magazine. With this is mind, you may be surprised to see a two-bed Sneinton terrace on the list.
There is a two-bedroom house in Ena Avenue that has a guide price of £29,000. However, before you get too excited by this headline grabbing price tag, this property is an auction lot. So, like all auctions, this is not necessarily the price you'll actually pay once interested bidders begin to battle it out for a bargain. However, you never know your luck.
Gurpreet Bassi, chief executive at Bond Wolfe, said: “This cosy property would make an ideal purchase for a first-time buyer with DIY skills or for a landlord looking to invest in their expanding portfolio." Mr Bassi added: “Despite the overall economic downturn, the property auctions market is proving robust, with a regular supply of lots for a strong custom base that still sees the sense of sound investments in bricks and mortar.”
