Could it be yours for that price? You never know your luck...
What could you buy for under £30,000? A brand new Ford Focus starts from around £23,230, according to Autotrader, while the average wedding in the UK comes in at between £9,000 and £17,300 - so says a report in Bride Magazine. With this is mind, you may be surprised to see a two-bed Sneinton terrace on the list.
Gurpreet Bassi, chief executive at Bond Wolfe, said: “This cosy property would make an ideal purchase for a first-time buyer with DIY skills or for a landlord looking to invest in their expanding portfolio." Mr Bassi added: “Despite the overall economic downturn, the property auctions market is proving robust, with a regular supply of lots for a strong custom base that still sees the sense of sound investments in bricks and mortar.
Be aware that the selling price could go way beyond the guide price so set a limit that you can afford and stick to it. The auctioneer hasn't disclosed the reserve price on the lot but has said the figure is usually within a range of approximately plus or minus 10 per cent of the guide price.
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