How would you like to buy a house in East Lancashire for as little as £10,000?
You might be able to snap up a house close to this figure at auction.
According to Zoopla, the average property price in Lancashire has increased by 3.53 per cent in the last three months.
However, auctioned properties offer an affordable way to get your foot on the property ladder- that’s if you are a savvy bidder, of course.
Here are five East Lancashire properties that are being auctioned off- will you be placing a bid?
Hillside Close, Blackburn
Guide price: £60,000
Ideal for an investor or someone looking to put their own touch on a property.
The property is described as "spacious" and has three bedrooms.
The new owners will also benefit from their own garden, which is mostly lawn but there is also a paved patio and a garden shed.
Curious to learn more? Visit the Zoopla listing.
Baker Street, Burnley
Guide price: £10,000
This is one of the cheapest starting bids for a property in East Lancashire.
The property benefits from two bedrooms and one reception room- it even has its own rear yard.
However, the low price is for a reason as the property is in great need of updating and refurbishing- so be prepared to invest.
If you want to place a bid, you must pre-register no later than 8am on Thursday 3rd December.
Find out more on Zoopla.
Chatburn Avenue, Burnley
Guide price: £55,000
This property is described as a “fantastic investment” opportunity for landlords or even a small family who are buying their first home.
The property has two bedrooms and also benefits from one reception room with a fireplace.
To the rear there is an “easily maintainable garden”.
To find out more, visit the Zoopla listing.
Leach Street, Blackburn
£50,000
If you’re lucky, you could get this fantastic two bedroom house for as little as £50,000.
The terrace house even has two bathrooms, so there won’t be any arguments over who gets to use it first.
In the past, it is even been let out as a HMO property (house with multiple occupants who aren’t from the same household).
Find out more about how to place a bid on Zoopla.
Redearth Road, Darwen
Guide price: £62,000
This three bedroom home is being sold via auction on the 24th of November.
While this is the most expensive property on the list, it’s still an absolute bargain when you compare it to the price of other homes in the Darwen.
For instance, this three bed Manor Road home is on the market for £325,000.
The terraced cottage has a lot to offer and could be a lovely place to live after a bit of modernisation.
As well as a lounge, dining room and kitchen, there is also a yard to the rear
If you want to place a bid, visit the Zoopla listing and enquire.
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