A £40,000 house just outside Greater Manchester with a brand new kitchen and bathroom

Finding an affordable home in Greater Manchester can be difficult today, especially for first-time buyers. House prices for first homes have risen by a third in the North West since 2019, with new owners now paying around £400 more per month on their mortgage than they would have five years ago.

However, despite rising costs, there are some bargains to be had in the region if you know where to look. A property has just come on the market with a cheap guide price of £40,000 and has been listed as an ideal ‘first time buy’.

The two bed terrace is for sale in Shawforth, a popular semi-rural village just outside Rochdale which is surrounded by countryside walks. The average sale price of a house in Shawforth over the past 12 months was £209,286, according to Zoopla, so this price is a steal.

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The home will be auctioned by The Auction Group. Most of the time, houses that are sold at auction are in bad shape and require a lot of time and money spent to bring them back to life.

But this one has been recently renovated and refurbished throughout, so it’s a blank canvas ready for the new owner to move in and make it their own.

Described as “deceptively spacious”, the home is entered through the spacious lounge which has stairs leading to the first floor and access to the brand new modern fitted kitchen which has a stylish breakfast bar.

To the first floor there is a landing leading to the two bedrooms and a new three piece shower room. Externally the property has off street parking and is surrounded by local greenery to the front and side.

Another advantage of this property is that it is being sold with no chain, meaning there is no delay for the buyer.

Keenans Estate Agents say: “If you are looking for a ready made house that you can do yourself then look no further. This deceptively spacious two bedroom end of terrace house is offered to the market without delay.

“The property has recently undergone a full refurbishment including a new kitchen, modern bathroom and central heating. This immaculate residence would make a perfect purchase for a first time buyer or rental investor looking to add to or start their portfolio.

“Based in the increasingly popular semi-rural village of Shawforth, surrounded by country walks and within easy reach of amenities, this is not to be missed.”

About the auction

This home is being sold at an online auction on Friday, June 28th. The bidding window opens at 9:00 AM and the auction ends at 3:00 PM. The starting price is £40,000 and completion is strictly within 28 days.

There is a buyer’s premium that applies to this lot (£5000 including VAT) payable by the buyer within 2 hours of winning the auction. The buyer’s premium is not part of the sale price, this is the auction fee and is to be paid over and above the sale price paid to the seller.