Climbing the property ladder can be an expensive undertaking but there are plenty of houses up for sale in Ireland which could skyrocket in value with the right owner.
Here we look at 11 properties on the market for €50k which could be worth a lot more if you are willing to invest a bit of time and money to help it realise its full potential.
Clones, Co. Monaghan
This four bedroom end of terrace townhouse is brimming with potential for any buyers on the lookout for a property that can be flipped for a huge profit.
Located in close proximity to the centre of Clones town, the 105 sq. m, three-storey house comes with plenty of space to add an extension, while it also boasts a spacious rear yard and garage which always add value to any property.
Although it requires an upgrade and modernisation, those with a keen eye for design will be able to transform the property into a dream family home.
Charlestown, Co. Mayo
If you are looking for a property that doesn't need a complete overhaul and won't break the bank, this three-bedroom bungalow in Cloonlyon could be just what you're after.
The current owners have done a range of upgrades on the charming property in recent years, with a new slated roof fitted and first fix rewiring in place, while new front and rear external doors with PVC double glazed windows have also been added.
This means that just a few final touches are needed to turn this cosy country bungalow into a highly-coveted home, with prospective buyers standing to make a huge return on their investment.
Roundfort, Co. Mayo
It's not often a three-bedroom property goes up for sale for just €50k and those willing to roll the dice on this charming bungalow in Knocknaganny stand to bag themselves a bargain.
Built in 1950, the property was refurbished in mid-2000 to include a new roof, Pvc windows & doors, electrical works, plumbing & oil central heating, dry-lining, insulation, kitchen cabinets, electrical appliances, tiling, and flooring.
Due to smoke damage, it has been left vacated for a number of years, but if you are willing to sink a bit of money into it to bring it up to code, there's no reason why the house couldn't be worth at least double its current value in just a few months time.
Mount Talbot, Co. Roscommon
This two-bedroom cottage in Derrinlurrig is brimming with unlimited potential and can be transformed into a most desirable home or holiday retreat.
Location is essential when it comes to the value of a property, and this charming home is just a short drive from the picturesque villages of Athleague Four Roads and Mount Talbot, while Athlone is just a 25-minute drive away, with Roscommon a mere 15 minutes away by car.
While work will need to be carried out on the interior of the house, buyers can expect the value of the property to soar with the right adjustments.
Headford, Co. Galway
This four-bedroom traditional style bungalow is located in a picturesque part of the west of Ireland and could see its value skyrocket with a simple makeover.
Ross Lodge - just a 30km drive from Galway city - was built in early 1900 and sits on 0.70 hectares of farmland, meaning there's plenty of room to add to the 80 sq. metres of floor area.
Abbeyknockmoy, Co. Galway
Situated in a beautiful countryside setting in a very convenient location, just one mile from the villages of Abbeyknockmoy and Barnaderg, is this derelict cottage-type residence.
In need of extensive renovation and repair, this property could, with some outlay, be transformed into a wonderful countryside retreat that could be sold for over triple its current value.
Plans have been drawn up for a modern extension to the rear which shows the huge potential just waiting to be fulfilled by a prospective buyer.
Mount Talbot, Co. Roscommon
Another potential bargain on offer in Mount Talbot is this attractive two/three bedroom cottage which sits on a half-acre site.
The property would be an ideal reconstruction project for those willing to commit some TLC to restore it to its former glory.
The property is structurally sound but the small extension to the rear of the property needs to be roofed and one of the chimneys needs attention to transform it into a beautiful home or holiday retreat.
The property based in a very central location just a few miles drive from the villages of Athleague and Four Roads.
Belalt, Co. Donegal
This detached two bedroom bungalow in Belalt comes with generous surrounding gardens for any devoted botanists on the lookout for property packed full of potential.
While it is in need of refurbishment and modernisation throughout, the 122 sq. m house sits on a site area extending to 39 acres, allowing its next owner plenty of room to create their dream home in one of the most picturesque parts of the country.
Dromcolliher, Co. Limerick
This well-located three-bedroom townhouse has the potential to be transformed into a much-sought-after family home.
Accommodation comprises of an entrance hall, living room, kitchen/dining room and three spacious bedrooms, while to the rear of the property is a yard and large garden.
The property is located close to the Cork border in the town of Dromcollogher, which has many facilities including shops, pub, schools, church and local GAA facilities, making its €50k valuation a bargain for prospective buyers.
Rockchapel, Co. Cork
This two bedroom detached property, located 8km outside of Rockchapel, offers stunning views of the Cork countryside that should see it its value shoot up with a bit of hard work put into it.
In need of complete renovation, the property is situated on approximately 0.7 acres and has great development potential for any investors looking to make a profit on their next project.
Ballina, Co. Mayo
This cosy country cottage has a huge upside with a most scenic location and it sits on a 1.1-acre site that's just waiting to be transformed into a dream home.
The property comprises of a galvanised roofed stone cottage and farm buildings on both sides, making it an ideal investment for a developer with the capabilities to realise its potential.
Located less than 10km from Ballina, this fixer-upper is based in one of the most sought after areas in the west of Ireland.
