With house prices having fallen for the sixth month in a row owning a home is becoming a slightly more reachable goal for some.
And if you're willing to take on a project you can still snap up some bargain properties in the North East.
The region has long been one of the cheapest areas to get onto the property ladder, and some abodes can be snapped up for low prices.
We've taken a look at some of the best residential bargains up for grabs in the North East this week.
1) 1 bedroom flat, Stockton - £33,000
This accessible ground-floor flat features an airy living room space that is bathed in natural light. A sizeable master bedroom with plenty of storage potential creates a homely environment, assisted by an outdoor space and a family bathroom consisting of a 3-piece-suite, including a bath.
With plenty of re-vamp prospect, this flat could be the perfect home for you, or alternatively, with its 12% rental yield, a great investment opportunity!
2) 1 bedroom flat, Bishop Auckland - £30,500
This 1 bedroom flat in Bishop Auckland is ideal for someone seeking an investment opportunity with the potential to earn between £350 and £375 a month in rent.
With an abundance of natural light and very little need for renovation, this is not one to be missed.
3) 2 bedroom house, Bishop Auckland - £40,000
This house holds plenty of character with its stylish fireplaces and large and light bedrooms. It has on-street parking and a rear yard, giving you plenty for your money.
Based in the centre of Bishop Auckland, this property has excellent transport links to nearby towns and further cities.
4) 2 bedroom house, Horden - £37,000
This 2 bed terraced house in County Durham is in an excellent location near Horden’s recently constructed train station and a number of schools and shops.
Granted, it is in need of a bit of TLC, however with its excellent character that can’t go unnoticed, it is easy to see the potential that this property holds.
5) 2 bedroom house, Hartlepool - £36,950
At an incredible price of just £36,950, this 2 bedroom terraced property near Hartlepool City Centre is one to look out for!
This house is described as being “ideal for a property investor.” Currently generating £379pcm, there is potential for the home to generate up to £450pcm
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