There are a range of homes in Merseyside that are available for those on a tighter budget.
The cost of buying a home can vary massively across Liverpool and Merseyside, including what you get for your money. Last year, houses in Merseyside had an overall average price of £220,345, according to Rightmove.
However, that price is not universal, and many flats and houses are available in and around Merseyside for those on a smaller budget. We have taken a look at some of the cheapest homes currently available, which have the potential to be a great first home or even an investment opportunity.
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All these properties have been listed on Zoopla, and will be going to auction over the next month.
Wright Street, Vauxhall – £1
An en-suite pod room, inside Young Village on Wright Street, has been brought to auction by SDL property auctions. With a £1 guide price and no reserve, it's the cheapest property available in Liverpool at the moment.
The property consists of a living/bedroom area and an en-suite bathroom. The room benefits from a communal living room with shared kitchen on the same floor and a laundry room in the basement, with washing machines and dryers. The building has 24-hour CCTV in operation with an intercom system and coded doors.
SDL Property Auctions said the room has a rental potential of £360pcm.
The room will go to auction on Wednesday, January 31 at 10am. For more information on this listing, click here.
Wright Street, Vauxhall – £9,500
A flat in the same building is being listed on Zoopla with Red Rooves Limited for £9,500. The agents have said the property would be "ideal for investors looking to add to their property portfolio". The studio listing is on the third floor and has a single bed built in along with a shower ensuite.
Communal living and kitchen areas along with a study room are also available. The agent says the property benefits from double glazing and electric heating.
For more details about the property, click here.
Whetstone Lane, Tranmere – £15k
A self-contained one-bedroom and one-bathroom flat has come to market on Whetstone Street in Tranmere, Wirral, with Barnard Marcus Auctions. The property is situated on the south side of Whetstone Lane between its junctions with Wellington Terrace and Elm Grove.
The listing is described as a "long leasehold upper ground floor self-contained flat and parking space". No pictures of the inside of the property are available online.
The listing said: "The property is let on an AST for a term of 12 months from 6th April 2019 (holding over) at a rent of £350 per calendar month. Held on a long lease for a term of 125 years from and including 1st January 2013 (Thus having approximately 114 years remaining.)"
The property goes under the hammer on February 6. For more information about the flat, click here.
Rice Lane, Wallasey – £15k
A studio flat has come to market on Rice Lane in Wallasey with Jones & Chapman. The property has been described as being "ideal" for Buy to Let Investors, first time buyers or young professionals looking for their own space.
The studio lounge is 3.84m by 3.76m and has double glazing, a radiator and a boiler. The kitchen area includes wall and base units, an electric oven with hob and measures 2.16m by 2.03m.
There's also a small bathroom with shower included. The property will go on sale by modern auction with more information being available here.
Radnor Place, Tuebrook – £20k
A one bedroom flat on Radnor Place in Tuebrook has been brought to auction by Revive Sales & Lettings for £20k. The property is leasehold and currently has a tenant living inside paying £450 per calendar month.
Pictures from inside the property show the listing has wooden floors, a small kitchen which includes an electric oven and hob and a bathroom including a toilet, sink and bath.
The listing said: "In the popular area of L6, we have this one-bedroom leasehold flat. Currently tenanted, generating £450 pcm, giving a potential yield of 27% based on the lower end of the guide price.
"The seller provided interior pictures before the tenant moved in."
The listing is due to go under the hammer on Wednesday, January 31 at 10am. For more information about the property, click here.
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