Five cheap homes set to go under the hammer in Greater Manchester this month - with prices from £20,000

Buying a property at an auction is one of the best ways to snap up a home for a bargain price. With the average house price in Greater Manchester now at £259,336 according to Rightmove, many houses that go under the hammer sell for much cheaper than on the traditional market.

Auctions are held across the region every month, and there is now the chance to buy your next home at one in Greater Manchester on December 10.

With guide prices starting from just £20,000, the majority of these properties are doer uppers. Although they may require a fair bit of renovating - they can be a worthwhile investment with the potential to become great homes to live in, rent out or sell for a profit.

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Here are the five cheapest homes set to go under the hammer this month:

Fulham Street, Oldham

Guide price: £20,000

The cheapest home that is up for grabs this month is a mid terrace house in Oldham, with a guide price of just £20,000. Be warned though, the two-bedroom home does require a lot of TLC - therefore it would be a project best suited for an experienced renovator.

The property, which sits in an area 'well located for local amenities and nearby tram stop', has a reception room, kitchen and dining area on the ground floor, with two bedrooms and one bathroom upstairs. It also has a yard to the rear.

The auction for this house will take place at 10.30am on December 10, with a livestream on the Probate Auction website.

Cundey Street, Bolton

Guide price: £30,000

This terraced house is one of the cheapest homes set to go to auction this month, with a guide price of £30,000. It sits close to Bolton Town Centre and Bolton Train Station, with Queen’s Park is also nearby.

Listed as 'requiring modernisation', the home has an entrance porch, living room and kitchen on the ground floor, with two bedrooms and a bathroom upstairs. There is also a garden to the back.

The property will be sold as lot 97 at an online auction on December 10 with auctioneers McHugh & Co.

Miry Lane, Wigan

Guide price: £40,000

An apartment in Wigan is up for grabs at an upcoming auction with a starting bid of £40,000. The first floor flat is described as being 'finished to a high standard throughout' therefore there isn't much renovation work required to do to it.

The apartment has an open plan living and dining area leading through to a modern fitted kitchen, as well as one double bedroom and a contemporary bathroom. The 'spacious' apartment also benefits from an allocated parking space.

The listing says: "This development would make a great investment opportunity, there is never a shortage of tenants wanting to move to this development."

The property is being sold with auctioneers Pattinson Auction at online auction taking place later this month.

Tram Street, Platt Bridge

Guide price: £40,000

This terraced house is amongst the cheapest homes currently up for grabs across our region with a guide price of £40,000. Found just a short drive from Wigan town centre, it sits near to Wigan Wallgate and Wigan North Western stations.

The house requires some renovation and modernising inside, but has great potential. The layout consists of an entrance porch, living room, kitchen and utility room on the ground floor, with two bedrooms and one bathroom upstairs. There is also a yard to the rear.

The house will be sold at an online auction as lot 131 on December 10 with auctioneers McHugh & Co.

Poolstock, Wigan

Guide price: £60,000

This semi-detached house is set to go to auction at a bargain price of £60,000. Boasting three bedrooms, the property just needs a bit of TLC to make it an ideal family home.

Situated on Poolstock near to Wigan Town Centre, it sits close to Wigan North Western and Wigan Wallgate train stations, with Alexandra Park also nearby.

The home has a kitchen and dining area, as well as a living room on the ground floor. Upstairs there are three bedrooms and a bathroom. It also has both a front and back garden.

The property is set to be sold at an online auction as lot 78 on December 10 with auctioneers McHugh & Co.