Five cheap homes set to go under the hammer in Greater Manchester this month - with prices from £20,000

manchestereveningnews.co.uk:

Buying a property at an auction is one of the best ways to snap up a home for a bargain price. With the average house price in Greater Manchester now at £259,336 according to Rightmove, many houses that go under the hammer sell for much cheaper than on the traditional market.

Auctions are held across the region every month, and there is now the chance to buy your next home at one in Greater Manchester on December 10.

With guide prices starting from just £20,000, the majority of these properties are doer uppers. Although they may require a fair bit of renovating - they can be a worthwhile investment with the potential to become great homes to live in, rent out or sell for a profit. READ MORE: The UK towns named in top 20 'happiest places to live' in 2024 Here are the five cheapest homes set to go under the hammer this month: Guide price: £20,000 The cheapest home that is up for grabs this month is a mid terrace house in Oldham, with a guide price of just £20,000.

Be warned though, the two-bedroom home does require a lot of TLC - therefore it would be a project best suited for an experienced renovator.