20 homes in Britain for below £50k – however in want of renovation
Owning a house seems like a distant dream for many Britons. But it is still possible to land a bargain in today’s climate even if your budget is just a fraction of the UK average house price.
Indeed, there are dozens of properties for sale in every corner of the UK which are, incredibly, on sale for under £50,000. It’s just a case of knowing where to look and getting your timing right.
From a seven bedroom barn with three acres of land to a church with planning permission for a luxury home and a two-bed terrace for an astonishing £7,000, here are 21 properties across the country that could make you a homeowner for under £50,000.
Pentre Broughton, Wrexham: A church (artist’s impression) with planning permission for a luxury home and a two-bed terrace for an astonishing £7,000
ENGLAND
North West
Cliviger, Lancashire, £50,000
With potential for a barn conversion with three acres of land in a rural location in Lancashire
The house has lapsed planning consent for a spacious 1,600sq ft barn, which can be reinstated
It’s hard to believe the price of this property, but this spacious, 1,600sq ft seven-bedroom property – on the the former site of a public house, with lapsed planning consent for a barn conversion, on three acres of beautiful, rural land, is on the market with a guide price starting at £50,000. It’s the former site of a public house.
The property, in Cliviger, south-east of Burnley, Lancashire, has a natural water supply and could be transformed into a beautiful small holding.
On the market with Keller Williams
Liverpool, Merseyside, £45,000
A three bedroom mid-terrace house with an enclosed rear garden in Litherland, which is close to the famous Aintree Racecourse
With bay windows and good-size rooms, this two-storey house is in need of modernisation
This mid-terrace house is in need of modernisation but boasts charming bay windows, three large bedrooms and an enclosed rear garden with trees.
Set in the Litherland area of Liverpool, the property is arranged over two floors and is within walking distance to Seaforth and Litherland train station and the River Mersey.
On the market with Savills
Blackpool, Lancashire, £50,000
An end of terrace house in Blackpool town centre with two double bedrooms and one bathroom
The house is tenated, but some rooms — like the kitchen — could do with a little TLC
Open now for bids, this end-of-terrace would make a fantastic buy-to-let investment purchase with tenants in situ paying £625 pcm, according to its listing on Rightmove.
The ground floor hosts a large lounge and a kitchen to the rear while upstairs are two double bedrooms and a family bathroom. There is also double glazing and gas central heating throughout.
Located on the outskirts of Blackpool, it is a ten-minute walk to the seafront and a further seven minutes to the iconic Blackpool Tower.
On the market with McDonald Estate Agents
Burnley, Lancashire, £50,000
A quaint terrace in Burnley with two double bedrooms and a smaller one that could be used as a nursery or study for anyone planning on working from home
The ground floor has two reception rooms with a separate kitchen at the rear
Cash buyers can get their hands on this three-bedroom terrace, being sold with a tenant in situ, making it a convenient investment.
The property offers a return of more than £6,000 per annum, according to a property listing on Rightmove.
Comprising a total 873 sq ft, it has a kitchen and two reception rooms on the ground floor plus two bedrooms, a study and a bathroom on the top floor.
On the market with Pattinson Auction
North East
Boldon Colliery, Tyne And Wear, £15,000
A detached property is close to three railway station so would be ideal for commuters working in Tyne and Wear
The house has a walled rear garden which is accessed through the kitchen
This red-brick semi-detached home is for sale via public auction for just £15,000. The two-bedroom property, on a residential road in Boldon Colliery close to local shops, amenities, a rail station and the open spaces of Hedworth Park, is in need of renovation but has an estimated rental value of £5,684.64 per annum.
The home, arranged over two floors, has a rear garden and is in walking distance to Heworth rail station and Brockley Whins Metro Station.
On the market with Auction House London
Stanley, County Durham, £45,000
This property in Durham has five bedrooms over three floors but only one bathroom – and has the bonus of off-street parking
If you have a musician in the family, you could have someone play the piano while painting the pink walls a neutral colour
A large, stone-built property with five bedrooms across three floors for just £45,000.
Features include high ceilings, large windows and strip-wood flooring.
Although in need of renovation, it has the bare bones of a large and characterful home.
Situated in the popular Annfield Plain area of Stanley town in County Durham, it is also close to shops and schools.
On the market with JW Wood
Newcastle upon Tyne, Tyne and Wear, £50,000
Looking for a quick buy? This two-bed property in Tyne and Wear has no onward chain
All this house needs is updating – these two rooms could be knocked through to make the most of the light from the windows at the front and rear
This red-brick mid-terraced house is set across two floors. The ground floor features an entrance into the dining room with glazed double doors to the lounge, kitchen and bathroom and garden courtyard. Stairs lead up to two double bedrooms, one with fitted wardrobes. The property also has uPVC double glazing and gas central heating.
Located in Chopwell, the area has a strong community history which is often linked to its mining past. It also benefits from scenic surroundings such as Chopwell Wood, while being just 11 miles from Tyne and Wear.
On the market with Your Move
North Barnsley, South Yorkshire, £50,000
This was once a two up, two down, but now has the benefit of an upstairs bathroom
It wouldn’t take much to get this house in North Barnsley in order – perfect for someone with a few DIY skills
This two-bedroom house would make the ideal family home with some modernisation, and offers a spacious lounge, separate kitchen and upstairs bathroom.
Located in the delightful town of Wombwell in Barnsley, it is close to a bustling high street with shops and a train station.
For sale by auction, bidding will start at £50,000
On the market with Beecroft Estates
East Midlands
Chesterfield, Derbyshire, £50,000
With two reception rooms and three bedrooms, this property in Derbyshire would be perfect for a growing family
The kitchen just needs a paint job – and gives access to a utility room and shower
Three bedrooms, a large garden and off-street parking are the highlights of this semi-detached home in Chesterfield.
The accommodation has ample space – 1,011 sq ft in total. Downstairs are two reception rooms, a separate kitchen and utility room while upstairs are three bedrooms and a family bathroom.
Nearby are local shops, open spaces such as a children’s play area, and Chesterfield rail station with links to Sheffield, Norwich and London.
It goes under the hammer on July 31.
On the market with Auction House London
West Midlands
Stoke on Trent, Staffordshire, £7,000
The rear of the property in Stoke on Trent has a small paved garden with access to a convenient alleyway – handy for bringing in your DIY tools
It wouldn’t take much to make this two-bed terrace house a luxurious home
Investment opportunities don’t come much better than this two bed home in Stoke on Trent. The mid-terrace property is on the market for just £7,000 and has potential to be rented out for £650 per month.
The home requires modernisation but comes with two reception rooms, two bedrooms and double glazing. The property is set within a popular residential area with good road links including the A50, A500 and Stoke on Trent railway station and Longton Station.
On the market with BP Auctions
East
Grimsby, North East Lincolnshire, £50,000
A semi-detached in Grimsby, with three bedrooms, two reception rooms and one bathroom
If you’re looking for a buy-to-let, this house comes with tenants, who would be worth keeping as the property is in excellent order
This three-bedroom house is being sold with tenants in situ, currently paying £445 pcm, creating a gross yield of 6.6 per cent.
Downstairs features an entrance hallway, lounge, dining room, modern kitchen, WC and a large garden. While upstairs are its three bedrooms and a family bathroom. No forward chain.
On the market with Pygott & Crone
South East
Little Clacton, Essex, £50,000
With a master bedroom and guest room, this property would make an ideal home for a retired couple – and it’s just a short drive to the coast
With no onward chain, a sale could go through before the end of the summer leaving time for its future owner to enjoy the local beaches
Although smaller than the £50,000 houses for sale further north – and with less curb appeal – this property is an example of how it is still possible to purchase property for £50,000 in the most expensive corner of the UK.
The two-bedroom property is set in the popular Meadowview Park, two and a half miles from Clacton-on-Sea town centre, seafront and train station which has direct rail links to London Liverpool Street.
With no onward chain, a sale could go through before the end of the summer leaving time for its future owner to enjoy the local beaches.
‘An internal inspection is recommended to appreciate the accommodation on offer,’ says Sheen’s Estate Agents on Rightmove.
On the market with Sheen’s
Dartford, Kent, £50,000
Although this property in the town of Dartford is an upstairs flat, it does have access to a separate section of the rear garden
The back bedroom has plenty of light – a lick of paint and new carpet and you’re good to go
Going under the hammer on July 23 with a guide price of just £50,000, this first-floor 538 sq ft apartment is a steal given its location.
Although in need of updating, it offers two bedrooms, a section of the rear garden and is well-located for shopping and amenities in Dartford.
London commuters also benefit from a direct rail link to Waterloo East from Crayford train station, a 15-minute walk away.
On the market with Savills
Whitstable, Kent, £50,000
This charming beach hunt in Whitstable has a walled patio area for al fresco dining while you watch the world go by
Sadly, you won’t be able to stay the night, but it does have electricity and is a short walking distance to the town centre
It might not be a full-time home, but this delightful beach hut is hot property on Whitstable seafront.
Future owners can look forward to family BBQs on the pebble beach followed by drinks on the large decked veranda while taking in the sunsets. The hut comes with electricity and is minutes away from the town centre and its award-winning restaurants, independent shops and mainline train station with high-speed links to London.
On the market with Woodward & Bishop
South
St Leonards-on-Sea, East Sussex, £50,000 to £60,000
If you’re looking for a spot of 1930s nostalgia, art deco Marine Court in St Leonards-on-Sea was modelled on the Queen Mary ocean liner
Once you’ve update the one-bed flat, you can enjoy the beach and promenade
Set in the Grade II listed Marine Court building, this one bedroom apartment is well-located by the beach on St Leonard Promenade.
The property is also close to shops and restaurants, with free on-street parking to the rear.
Sold with no onward chain, it comprises a bedroom, living room, separate kitchen and family bathroom.
On the market with Fox & Sons
SCOTLAND
Kirkintilloch, East Dunbartonshire, £10,000
The new owner of this house in Kirkintilloch needs to be a keen gardener as well as having DIY skills
The kitchen ceiling has fallen in and the house needs a Marie Kondo de-clutterer, but it has two bedrooms and plenty of outdoor space
Going under the hammer on August 8 with a guide price of just £10,000, this end of terrace has two bedrooms, a lounge, kitchen, conservatory, and bathroom. The property, set in a a cul-de-sac near shops and schools in Kirkintilloch just eight miles from Glasgow, is in need of a full internal upgrade and clearance but would make a brilliant investment.
On the market with Future Property Auctions
Banff, Aberdeenshire, Offers over £50,000
This semi has space for a car, but as it’s so close to the High Street, you could forgo a motor and turn it into a barbecue/patio area
The house is compact with a open-plan kitchen/living room and upstairs bedroom and bathroom
This tidy property has all the right ingredients for a comfortable and convenient home once its tired kitchen and bathroom are updated.
The property offers an open plan living area, good sized double bedroom and off-street parking. Plus, it is tucked away on a residential area of Banff but close to the local supermarket, high street shops and primary and secondary schools.
On the market with Purple Bricks
Cumnock, Ayrshire, £47,000
There are three bedrooms in this Cumnock house, but the bathroom is downstairs – on the plus side, there is plenty of storage throughout
Clean and well-kept, this house would work as a buy-to-let and is ready for a family to move in
Described on Rightmove as ‘spacious and well-presented’, this semi-detached property is located in Muirkirk, a small village on the River Ayr with a supermarket, pharmacy, post office, bakery, hairdressers and several pubs and restaurants.
Set over two floors, the property comprises a hallway with storage, lounge, kitchen and bathroom on the ground floor, while upstairs three ‘good-sized bedrooms’, two with built-in cupboards.
The village has good transport links to neraby Kilmarnock, Glasgow and Edinburgh. And buy-to-let investors could see an ‘attractive’ rental yield of 12 per cent or more.
On the market with Auction House Scotland
WALES
Pentre Broughton, Wrexham, £45,000
Not a project for the faint-hearted, this could be a spiritual journey for someone who would like to reclaim the history behind this derelict Welsh 19th chapel
An artist’s impression of what the property could look like once it has been converted into a three-bed luxury home
This 19th century chapel has full planning permission to be converted into a three bedroom, three bathroom luxury home.
Set in Wrexham, which is set to become a property hotspot thanks to investment and the Netflix hit show ‘Welcome to Wrexham’. the property retains all its charming chapel features, including arched windows.
The listing notes: ‘Recently spotlighted by Hollywood star Ryan Reynolds’ acquisition of Wrexham Soccer Club, and the town recently being granted city status by King Charles III, has led to a global interest being ignited about the city.’.
‘It has enhanced its appeal as a Welsh hub for business and leisure, which is rich in culture and ambition.’
On the market with Benjamin Stevens
Pencoed, Bridgend, £35,000
Developed around the coal mining industry in the 19th century, Pencoed has the rolling countryside of the Vale of Glamorgan and the rugged north coast of the Bristol Channel
Don’t be put off by the dirty, cluttered kitchen as this property has two reception rooms and three bedrooms and wouldn’t take much to turn it in a comfortable family home
This three bedroom terrace is in need of refurbishment and modernisation but would make a brilliant family home. Set over two floors, the property has two reception rooms and a separate kitchen downstairs and three bedrooms and a bathroom upstairs, as well as a front garden.
The town of Pencoed is popular with commuters, offering good road links to the M4 and rail links to Cardiff.
On the market with Paul Fosh Auctions
Caernarfon, Gwynedd, £50,000
Looking for extra space, this end of terrace in Caernarfon has an attic bedroom, along with a further two on the floor below, plus a bathroom
All the rooms are in need of renovation – but will look charming once complete
Sprawled across three floors, this project property has three-bedrooms and one bathroom.
Located in a popular residential area of Caernarfon in north Wales, it is within easy commutable distance of the town centre and its delightful castle.
Open house viewings are taking place on August 1 and August 9 before a livestream auction on August 15.
On the market with Auction House
