Affordable homes for first-time buyers in Greater Manchester that are cheaper than most on the market
23.05.2022 - 21:33
/ manchestereveningnews.co.uk
Property prices are at an all time high, and with the average house price in Greater Manchester now £242,386, it is becoming more and more difficult for first-time buyers across the region. According to Halifax, the average age of a first-time homebuyer in the UK has now risen to 32, as people are having to wait a lot longer and save up a much bigger deposit to get onto the property ladder.
In Greater Manchester's cheapest boroughs of Bolton, Oldham and Wigan, first-time buyers are much more likely to find an affordable home due to homes being priced much lower than elsewhere in the region.
There are a range of suitable starter homes for sale at the moment ranging from ones that are ready to move, to doer upper homes that require some DIY but will be a great investment to buy and sell on later down the line.
READ MORE: Greater Manchester's cheapest homes that sold for £50,000 or less this year
Here are some of the latest properties to hit the market in Greater Manchester that are ideal for first-time buyers, with prices starting from £100,000. These homes are likely to be snapped up quick due to their great conditions and bargain prices.
£100,000
This two-bed terrace home in Bolton has been recently refurbished with a clean slate ready for any first-time buyer to make their own.
Just a short distance from Bolton town centre, the property is set in a great location nearby to shops, local amenities and transport links.
Inside the home there is an entrance hall leading to a lounge and through to a reasonably sized kitchen with space for a dining table.
On the first floor there are two bedrooms, with a large main bedroom and a bathroom with a three-piece suite and shower over the bath. Outside there is a yard area to