Here are 10 homes currently up for sale for £50,000 or less.
1. Three-bedroomed flat in Gray Road, Hendon, Sunderland
Rightmove says the location is "popular for its convenience to the Sunderland town centre", is "spacious" and an "excellent investment" at £50,000.
2. Two-bedroomed terraced house in Morton Grange Terrace, Houghton
Rightmove writes: "Set back on a slightly elevated position, this much improved end of terrace house has secure parking at the rear and is offered to the market with no upward chain." Price: £50,000.
3. Two-bedroomed cottage in Warennes Street, Pallion, Sunderland
Rightmove says: "Occupying a popular position within this conveniently situated street close to Pallion Road shops. This two bedroom cottage should appeal to both first time buyers and investors." Price: £49,950.
4. Two-bedroomed flat in Portsmouth Road, Pennywell, Sunderland
Rightmove says: "Good size two bedroom upper apartment located in Pennywell. close to local shops, schools and amenities." Price: £45,000.