Buying, renovating and selling a home can be a great way to make money.
Also known as 'house flipping', many people are making good profits and sometimes a second source of income, by purchasing a run-down home for a cheap price, transforming it to add value and then putting it back on the market.
New research has now revealed that Manchester is the best city to flip a house in the UK.
Taking into account average house prices, number of homes sold and the average value added through renovating, our city has ranked the highest when it comes to making a profit through buying and selling property.
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According to data from BestHeating, Manchester has had a 26% increase in house prices in the last five years, with the average home owner adding £19,000 value to their homes after renovating.
With this in mind, we've rounded up 10 of the best do-upper properties that are currently for sale in Manchester.
Each property is listed at a low price, with some set to go to auction.
Although they may need a lot of time and work put into them, once transformed they are certain to be good money makers.
Attewell Street, Openshaw
£65,000
Located in Openshaw, this doer-upper property is set to go to auction with a guide price of £65,000.
The end-terraced house has a hall, lounge, living and dining room, kitchen, three bedrooms and bathroom, with a garden to the rear.
In need of renovating and modernising, the home is situated close to schools and local shops including a large ASDA superstore.
The auction for this home is on March 9.
Welbeck Street, Gorton
£95,000
On the market with a guide price of £95,000, this three-bed home is in need of a transformation but it has lots of potential.
Located in Gorton, the terraced house which has been split into two flats is made up of a hall, two reception rooms, a kitchen, bathroom.
On the first floor the second flat also has two reception rooms, a kitchen and a bathroom.
The seller has already purchased the glass for the windows which will be passed onto the successful buyer.
It will go to an online auction on March 9.
Cobden Street, Moston
£98,000
In Moston, just five miles from Manchester city centre, this terraced house is set to go to auction at a guide price of £98,000.
Complete with a hall, lounge, dining room, kitchen, two bedrooms and a bathroom, the home needs modernising and updating but has a lot of potential for profit.
The property is set next to Boggart Hole Clough with a good range of shops and local schools nearby.
The auction for this home is online on March 9.
Frome Drive, Crumpsall
£104,000
This three-bed home is a great fixer-upper with a guide price of £104,000.
The terraced house in Crumpsall has an entrance hall leading to a living room, dining room and kitchen on the ground floor, and there are three bedrooms and one bathroom upstairs.
The home, which is in need of gutting throughout, also benefits from very good sized gardens to the front and rear, as well as a driveway.
Due to its run-down condition, the property is set to go to auction on March 10 for cash buyers only.
Audrey Street, Moston
£105,000
For sale in Moston is this two-bedroom home listed for £105,000.
Needing some modernising, but not half as much work as some of the homes on the list, this terraced home has great potential to make a good profit.
The property is made up of two reception rooms and a fitted kitchen to the ground floor, with two decent sized bedrooms and a family bathroom which also has a separate shower cubicle on the second floor.
Outside the property has a back garden which currently has shrubs, a shed and a patio area.
The estate agent has listed this property as an 'excellent investment opportunity'.
Bartlett St, Openshaw
£110,000
In Openshaw, this terraced home is on the market for £110,000.
Located in a quiet residential area within easy access to the city centre, the three-bed property is a great example of a potential doer-upper.
Fairly spacious inside, the home has an entrance hall, large living room, a second reception room, spacious kitchen, under-stair storage and a good sized rear garden on the ground floor.
Upstairs there is a landing with access to three double bedrooms and a four-piece bathroom, that is 'bigger than average'.
Turner Street, Gorton
£110,000
Available for buyers with offers above £110,000 is this two-bed home in Gorton.
The terraced property has an internal porch, two good sized reception rooms, a kitchen, two bedrooms and three piece bathroom.
Outside there is a small enclosed yard to the rear.
The property 'requires some modernisation' however offers potential to create a great home for first-time buyers or investors.
The home sits close to local shops, convenience shops, major supermarkets, food outlets and the popular Gorton Market.
Dalbeattie Street, Moston
£110,000
This terraced home in Moston is available to buyers with offers of more than £110,000.
Listed as a great project for investors or first-time buyers, the two-bed home sits close to local amenities, transport links and schools.
Inside there is an entrance hall, lounge, second sitting room and kitchen to the ground floor, and on the first floor are two bedrooms and a bathroom.
Outside there is a closed courtyard to the rear.
Wistaria Road, Gorton
£110,000
This end-terraced property in Gorton is set to go to auction with a guide price of £110,000.
Benefiting from three bedrooms, this fixer-upper home has a hallway, lounge dining room and kitchen on the ground floor.
Upstairs are three good-sized bedrooms and a family bathroom. There is also a garden to the rear.
The auction for this property is on March 9.
Melbourne Street, Moston
£115,000
Accepting offers in excess of £115,000, this terraced property in Moston is a great investment.
Inside the home there is a spacious lounge, a dining room and a fitted kitchen on the ground floor, and there are two good-sized bedrooms and a family bathroom on the first floor.
Outside there is a small enclosed garden to the rear.
Located near to the city centre, there are a wide range of amenities close by including shopping facilities, supermarkets, eating and drinking establishments and hospitals.
The area also benefits from excellent local transport and road links as well as being within the catchment area for local schools.
