House prices in the UK have climbed for the fifth month in a row and have now reached a new record high. The average price of a property across the country is now £368,614 according to Rightmove, which has gone up by £1,113 in the last month.
With the cost of living crisis putting a strain on our finances, buying a house at this price is considered unaffordable for many. Thankfully in Greater Manchester there are some cheaper areas where house hunters can find a home for much less than the average house price.
You can typically expect to buy a home for a much more reasonable price in the boroughs of Bolton, Oldham, Rochdale and Wigan, as these are considered the cheapest areas to live. However there are bargains to be had across the whole of Greater Manchester.
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We've picked out some properties that are currently on the market across the region for £100,000, which are ideal for house hunters and first-time buyers on a budget.
Some of these homes are considered ready to move straight into whereas others may need some TLC, making them great projects for buyers wanting to give a home a complete renovation.
Turf Lane, Chadderton, Oldham
In the town of Chadderton, £100,000 can buy you a three bed home. This end terrace house requires a bit of work doing to it however it has the potential to make a great starter home.
Fairly spacious for its price, the property has a porch, living room and kitchen dining room on the ground floor, with two double bedrooms, a single bedroom and one bathroom upstairs.
It is in a residential area within easy access to schools and public transport links and also benefits from a decent sized garden at the back.
Estate agent Purplebricks say the property needs cosmetic work but benefits from no chain and is likely to 'sell quickly.'
Old Lane, Little Hulton, Salford
A two-bed home in Little Hulton is on the market for £100,000. Listed as an ideal property for first-time buyers of investors, the end-terrace home is located within easy reach of Walkden town centre as well as shops, schools and amenities in Little Hulton.
On the ground floor there is a lounge and kitchen dining room with stairs then leading up to two bedrooms and one bathroom. There is also a small garden to the rear.
Offered with no chain, buyers can easily renovate the house to suit their individual taste.
Lodge Street, Wardle, Rochdale
This two-bed apartment in Wardle could be considered a bargain for £100,000. The first-floor flat is housed into the Shaw Lodge complex and is fitted with striking modern interior.
Described as the 'perfect purchase' for a buy-to-let investor or first time buyer, the spacious apartment has a large open plan lounge and kitchen area, a bedroom with an en-suite shower room, a second good-sized bedroom and a bathroom.
The property has been much improved by its current owner and is in move-in ready condition.
Located in the heart of Wardle village, the apartment sits within walking distance of local amenities including highly rated schools and is just a few minutes drive away from Rochdale and Littleborough town centres.
Mather Street, Failsworth, Oldham
A three-bed property in Failsworth has come on the market with a guide price of £100,000. This spacious home will appeal to first-time buyers and small families and benefits from being close to local amenities and transport links.
On the ground floor of the end-terrace house there is an entrance hallway, lounge and dining area and a kitchen. Upstairs are three bedrooms and one bathroom. Outside the home has a driveway to the front and a garden with a patio area to the rear.
This home is set to go to auction on July 5 and is opening for viewings this month.
Gordon Street, Leigh, Wigan
Although in need of a little updating, this two-bed property in Leigh is a great bargain for £100,000 and is an ideal first home.
The mid terrace property is fairly spacious with a 767 square foot living room and kitchen dining room on the ground floor.
On the first floor, the landing gives access to a bathroom, one large double bedroom and another good-sized bedroom. The rear garden is also a generous size and has been well maintained by its current owners.
St Johns Street, Lees, Oldham
Taking offers in the region of £100,000, this semi-detached home needs a lot of work but has the potential to make a lovely family home.
Located in Lees village, the property which was built in 1730 is open to cash buyers only and is ideal for someone who is prepared to take on a big renovation project.
Originally a former shop with a flat above, it could suit a variety of new uses including a conversion into a residential three-bed property or two separate flats.
Currently there is a large shop area to the ground floor and four rooms up on the first floor. Outside the property has a garden to the rear and a detached garage.
Huxley Street, Clarksfield, Oldham
This terraced home in Oldham is on the market for £100,000 with the benefit of no chain.
Although in need of renovating, the two-bed home could be a great starter property for a first-time buyer or house hunter on a budget.
The ground floor includes a lounge and kitchen dining room, with two bedrooms and one bathroom upstairs. There is also another staircase that leads to an attic room.
Outside there is a small paved area to the front and an enclosed garden to the rear.
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