Houses selling for $1.50

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Next time you throw away a dollar fifty on a packet of crisps or a chocolate bar, keep in mind that this is enough money to buy a house.

Thanks to an initiative to regenerate struggling areas of the United Kingdom, Liverpool City Council is offering homes in the city for just £1 (A$1.49).

The rock bottom price is on the condition that the houses are given a complete makeover.

Successful applicants will need to refurbish the houses to “a reasonable state of repair”, ensuring they are warm, weatherproof and have modern facilities.

The council had originally been in talks with a developer to bulldoze the houses, but decided against this in November, leaving the houses boarded up.

Do you have more than $120k in your super fund? You could use your super to buy property - Find out how

Top Suburbs : scarborough , east victoria park , new farm , coolbellup , spearwood

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Comments
  • Garry says on 21/02/2013 05:11:45 PM

    If they are $1.50 to buy a house they may need to be bulldozed and re built

  • Jodie C says on 25/02/2013 10:27:35 PM

    $1.50 is a bargain price but to get it back to a liveable standard I bet costs an awful lot more! From an international perspective, how can you determine the cost of repair in you're interested?

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