Guide price - £49,000

16 photos of Birmingham homes under the hammer for less than 50k

It might sound ominous but it could actually be a project worth investing in since the homes are available at less than the market price

There are many homes that go under the hammer every year in Birmingham.

It might sound ominous but it could be a project worth investing in since the homes are available at less than the market price, and can be turned into your family home after renovations. With the cost of living crisis, some people might be daunted by the idea of getting a huge mortgage as well.

This could be an accessible way to get on the property ladder but these homes will need investment and renovations. Some need to be overhauled completely, but if you are not afraid of a challenge, these homes could be yours. If you are not an expert, then a tour with a handyman would be recommended for this.

The guide prices are not the final price of the properties. The amount is the starting point of the bidding war and you should always read the fine print because once the gavel falls, you are bound by the legal terms to fulfil the purchase.

There are four homes available in various part of Birmingham and the guide price for all of them falls under £50,000. The homes are being auctioned by either Royal Estates or Bond Wolfe Auctions.

Here are the photos of the homes that could become yours:

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