Five properties across north Cumbria for under £50,000

With that kind of year-on-year growth, it would be perfectly logical to believe that the idea of buying a house in the UK today for £50,000 or under was just an impossible pipe dream.

However, if you know where to look, and are prepared to take on a bit of a project, there are options out there.

These five north Cumbrian properties are all listed for £50,000 or less:

18 Delagoa Street, Carlisle

18 Delagoa Street, Carlisle (Image: Zoopla)

This two bed terraced house is on the market for a guide price of £25,000. It most certainly needs some fresh TLC but would make a great project for those with a bit of time on their hands. The home is listed for auction with Auction House Cumbria.

Scaleby Close, Carlisle

Scaleby Close, Carlisle (Image: Zoopla)

This two bed ground floor flat is listed for £44,800. It is situated within a quiet cul-de-sac location to the south of Carlisle. The apartment is 70 per cent shared ownership with Castles & Coasts and available for those over the age of 55 years.

21B, Fisher Street, Workington

21B, Fisher Street, Workington (Image: Zoopla)

The Workington flat is listed for £33,000. It has two bedrooms and is described as a "prime investment property". It is in a popular buy-to-let location with realistic potential rental of up to £600pcm (£7,200 per annum) offering a potentially high yield.

21A, Fisher Street, Workington

21A, Fisher Street, Workington (Image: Zoopla)

Also on Fisher Street, this is a three bed flat listed for £48,000. This has realistic potential rental of up to £700pcm (£8,400 per annum) offering again a potentially high yield in a 'high demand' location.

21C, Fisher Street, Workington

21C, Fisher Street, Workington (Image: Zoopla)

Another Fisher Street flat, this is a one bed property listed for £29,000. This has realistic potential rental of up to £450pcm (£5,400 per annum) in high demand rental location. It is a large flat, and described by the agents as 'well-presented' in an 'excellent location'.