Yes, you heard RIGHT!!!
In some places in England you can actually get the
opportunity to buy a house or flat for the princely sum of £1 or 230Naira …. But
of course there is a catch!
Stoke-on-Trent (near Manchester) has put dozens of houses on
sale for just £1. The city council is selling the properties as part of a
multi-million pound regeneration project. In return for the cut-price homes,
owners will be obliged to renovate the dilapidated homes. The council is
offering successful buyers loans of up to £30,000 to foot the bill. The
properties are mostly two-bedroom terraces, along with a handful of
three-bedroom houses and potentially a few flats.
Winning applicants will also be randomly selected with those
already living in the city being given priority. Successful owners also must
pledge to live in the homes for at least five years.
I hear something similar is also being done in
Liverpool …. nothing to lose we thinks!
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