Britain’s Cheapest Street reveals house transformation after being bought for £1 | Property | Life & Style

In 2013, Liverpool City Council offered up properties for just £1 in Wavertree, in a bid to get first time buyers on the ladder and bring up the local area.

Two miles south of Liverpool, the street was known for being run down and not without crime, with shootings and stabbings also occurring reguarly.

In 2003, the council planned to destroy the area and build new houses, yet in 2010 the government funding was withdrawn, leaving 115 houses empty.

Yet with the new plan by mayor Joe Anderson, the rules when buying the bargain properties was that they must spend at least £40,000 doing the property up within the first year.

They would also not be allowed to sell it for another four years.

One family, Sam and Rachael Kamau revealed their amazing house transformation as the first couple to be part of the scheme.

They rented in Liverpool for 16 years after moving from Kenya, and bought the property to take advantage of getting on the housing ladder.

Talking to LadBible, Rachael explained: “We had two growing girls who have always had to share a bedroom and the house was becoming far too cramped.

“When we saw this house, it was a bit of a shock. There was a waterfall coming down the staircase because the roof had no lining, the bathroom had no floor so you could see through to the kitchen, plaster was peeling off the walls.”

With £55,000, they ended up being the first one into the property as part of the scheme, showing off the finished property.

With exposed brick walls, airy white walls and artwork, the transformation is impressive.

Victoria from Barnsley, was training for a PHD and also entered the scheme. Admitting she had £10,000, she needed to pay back £30,000 to her parents, and had the most ambitious ideas with a floating bed mezzanine.

Childhood sweethearts Mel and Rob also chose to buy the property to have something to pass onto their three children. They found rotten floorboards, and with £25,000 in savings, began to do it up themselves.

However they ran into problems when putting decking boards instead of floorboards down, as well as attempted thefts on the property, and their house not yet finished.

Some other amazing houses transfomations have included cinemas, pubs and even castles.

Surprisingly, they were all made from sheds.

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