Struggling to get a foot on the property ladder? You could own one of these homes outright for less than the average UK deposit...
For many first-time buyers,finding an affordable property for saleand saving for a deposit can feellike an endless uphill battle.
It might come as a welcome surprisethen toknow thatthere are plenty of homes out there on the market forunder £20,000, you just need to know where to look.
READ MORE: Promising (and cheap) houses for sale for £30,000
While it's important to bear in mind that cheaper properties often require a little more work before you can unpack your bags –alwaysget a proper structural survey done before you sign on the dotted line –they can prove lucrative investments in the long run.
Searching for a bargain? We've rounded up a selection of homes for sale in the UK for £20,000 orless...
Two-bedroom terraced house, Middlesbrough, £16,000
Yes, you read that right – a whole house for just £16,000! The redbrick mid-terrace property sits on Portman Street, close to Teesside University in Middlesbrough,so you certainly won’t be short of tenants if you're looking for a reliable rental.
Inside, the kitchen and bathroom could do with replacing, while the bedrooms are agenerous size but urgently require a refresh. For the right investor, this would make a very rewarding project.
Prepared to put in a bit of elbow grease? This promisingproperty is listed for online auction on the 14th April, with a guide price of £16,000.
Three-bedroom flat,Ayrshire, £12,000
It's certainly in need of some love and a few essential repairs, but this promising flatdoesn't seem to be in a bad way at all. Located on the top floor, the living areas are spacious and airy, enjoyingfar-reaching views over the shared gardens.
Accommodation includes an entrance hall, living room, bathroom, a kitchen/diner and three bedrooms, with parking found tothe rear. This would be ideal as a family home, but those looking to invest could expect to net an average of£350 per calendar month, according to the listing.
If you're keen to transform this generous flat, check out the listing from Future Property Auctions on Rightmove.
Two-bedroom terraced house,Rhondda Cynon Taf, £20,000
It might be in dire need of sprucing up, but thismid-terrace property could provide a fantastic opportunity for a business-savvy buyerlooking to flip a fixer-upper.
The rather dated interior is shabby and requiring renovation, comprisingan entrance hall, open-plan living room/kitchen, two bedrooms and a bathroom.
Close to a range of amenities, it's locatedin the town of Tonypandy and also has good road links into Cardiff. This is one bargain that won’t stay on the market for long!
The lot will go under the hammer withAuction House on the 1stApril at The Village Hotel in Coryton, with a guide price of £20,000.
Two-bedroom flat, South Shields, £15,000
With a guide price of just £15,000, this smart three-bedroom flat in South Shields is packed with character. Complete with bay windows, cornicing and a feature fireplacein the living room, the property has the bones to be a fine family homeor a lucrative rental project.
Located on the first floor,the home has a large lounge, a fitted kitchen, three bedrooms and a bathroom that could do with retiling.Prepare to get your hands dirty getting it fit for purpose though, as it's been left in a less than perfect condition.
If you're looking for a project, the flat will go up for auctionwith Auction House at Ramside Hall Hotel in Durham on the 21st April.
Three-bedroom semi-detached house,Middlesbrough, £20,000
This sizeable semi-detached benefits from its own front and rear gardens, as well as off-street parking. With two reception rooms and a kitchen on the ground floor, plus two bedrooms and a bathroom upstairs, you get a whole lot of house for your money.
It's no secret that both the interior and exterior would benefit from afacelift – and perhaps some curtains in the lounge–but it won't take much to get the property looking spick and span.
If you’re searching for an investment, the home will go to auction on 31st March with Allsopwith a guide price of £20,000.
Two-bedroom terraced house, County Durham, £20,000
This small home certainly stands out on Sixth Street, with its striking grey and red exterior. Less thought has been given to the interior design it seems, as most of the rooms could do with a lick of paint and a thorough modernisation.
On the ground floor is the lounge and kitchen, which offeraccess to the rear yard, while on the first floor you'll findtwo bedrooms and a bathroom. With ample space throughout, this would be a wonderful first home for the right buyer.
Ready to take a chance on a fixer-upper?The house will go under the hammer withAuction House on the 21st April atRamside Hall Hotel, Durham.
READ MORE: Dirt cheap abandoned home that'll make perfect fixer-uppers
