£1 houses for sale – damp and rats included
Ever thought of moving to Stoke on Trent? (Thought not). Well, now, you can score yourself a derelict terraced house in the land of pottery for just £1.
35 2 bedroom houses in the Cobridge area of the city are being sold off by the local council for the price of a white sliced loaf, with a further 89 to come. It’s all part of a £3m project to regenerate the area, which at the moment looks like Coronation Street after a tram crash.
The local authority will then offer £30,000 home improvement loans to the successful candidates, so they can do things like put a roof on them, and remove all the dead pigeons from the living room.
Stoke on Trent residents get priority in the scheme, and there have already been 600 applicants. But the council are randomly selecting applicants, so if you register your interest by the 21st May, you too could have yourself a pile of bricks to call your own.
With an estimated 870,000 empty homes in the UK, and the majority of first time buyers unable to get on the property ladder - this is the kind of thing that gives you a warm glow.
The only drawback is that you’ll have to live in the birthplace of Robbie Williams.