IT'S no secret that we're living in an age where it is becoming increasingly more difficult for first-time buyers to get their foot on the property ladder.
An increased cost of living, including sky-rocketing house prices and rents mean it's virtually impossible for many to even think about buying a home.
But home ownership still remains one of the most coveted dreams for Britons, despite statistics showing how unobtainable that dream is becoming.
So what if we told you that you could buy a home for under £50,000? Well if you're handy with a paintbrush and not scared of a bit of DIY, one of these East Lancashire homes could have your name on it.
15 Baker Street, Burnley, BB11.
How much? £20,000 auction guide price.
What is it? A three-bedroom terraced house.
This mid-terraced home in the heart of Burnley is described by sellers as an 'ideal buy to let or investment property.'
The three bedroom home is currently tenanted, and there are no photos available of in inside - we'll leave that to your imagination!
227 Cog Lane, Burnley.
How much? £20,000 auction guide price.
What is it? Three-bedroom terraced house.
Ok, so this one may need a little work. And by a little, we mean a full refurbishment.
But when you're only spending £20,000 on the house - there should be some money left in the pot right?
This three bedroom property which comprises of a lounge, dining kitchen, utility, first floor landing and yard, will go to auction with a guide price of £20k, which means realistically, you could pick it up for even less!
Monarch Street, Oswaldtwistle, Accrington.
How much? £25,000 auction guide price.
What is it? Two bedroom terraced house.
To be sold at auction, this two bedroom terrace house might be listed at £5,000 more than any of the others we have seen, but it is certainly in a better condition.
The well presented property has gas central heating and double glazing, and would make the perfect first home for those not into DIY.
Ashford Street, Nelson.
How much? £18,000 guide price at auction.
What is it? One-bedroom property with planning permission.
This one may be more suitable for a single occupant or a very small couple rather than a large family - but we see bags of potential in this small stone cottage.
This ideal investment property comes with available planning permission, so there is the chance to extended and make this plot a real home.
Clifton Street, Darwen.
How much? £30,000 guide price at auction.
What is it? Two-bedroom terraced house.
Another mid-terrace home that needs a lot of work - but this property finds itself in a favourable, central location which more than justifies the guide price.
Sellers describe the home as an ideal investment property requiring full refurbishment throughout.
They also advise that high interest is expected - so best get a move on if you like the look of this one!
Bay Street, Blackburn.
How much? £20,000 for part-ownership.
What is it? Two bedroom bungalow with stunning gardens
For around £20,000, you could own a percentage of this beautifully maintained bungalow, with stunning garden and well-sized rooms.
It may not sound ideal to not have full ownership of your home, but for many it could be the perfect compromise if you're strapped for cash.
Well maintained inside, the home needs little or no work.
Kime Street, Burnley.
How much? £30,000 guide price at auction.
What is it? Two-bedroom terraced home.
Now, we've seen a few homes which need more than just a little touching up so far. So you may be surprised to see that for a guide price of just £30,000, you could buy this two-bedroom home which is ready to move in to.
It is also close to the town centre, major transport routes and good schools.
It is double glazed, with gas central heating and is dubbed 'the ideal purchase for first-time buyers.'
Ballantrae Road, Blackburn.
How much? £35,000 guide price at auction.
What is it? Two bedroom flat with private garden.
Ideal for investors or first time buyers, this two bedroom flat with private garden gives you a lot of bang for your buck.
Cosmetically it may not be to everybody's taste, but essentially there is nothing wrong with this home, meaning no more money needs to be spent.
The first floor property comprises of a large lounge/dining room, a fitted kitchen, two double bedrooms and a bathroom. Benefits inlude gas heating, double glazing and of course that large rear garden!
Herbert Street, Burnley.
How much? £30,000 guide price at auction.
What is it? Two-bedroom terraced house
This stone built two bedroom home near to Burnley town centre and Manchester Road station will appeal to landlords, sellers say.
Described as having a spacious lounge, kitchen, cellar, two bedroom, family bathroom and attic room. its fair to say this property needs to work both inside and out.
Bolton Road, Blackburn.
How much? £38,000 guide price at auction.
What is it? Three-bedroom terraced house
To be sold at auction with a guide price of £38,000, this house is in one of Blackburn's most desired locations.
Close to Ewood Park, with great access to schools, transport links and a vast number of amenities.
While the property is in need of modernisation, the large rooms and front and rear gardens are sure to make it popular under the hammer.
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