It's no news that one of the most common fear among younger generations in the UK is never being able to buy our own house - but we shouldn't panic so much. There is an antidote: Stoke on Trent.
Rebecca Dennis and Chris Benn bought their first home together there for the stupefying price of £1. For scale, that's four Freddo's.
According to The Sunday People, it is now estimated to be worth £60,000 after the jammy couple spent four months sprucing it up.
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They were delighted when they originally pruchased the property through the city council's home ownership scheme which offers resident the chance to spend just £1 on a house.
After paying their deposit, the Stoke on Trent council then invested £30,000 in the two-bedroom mid-terrace.
Rebecca and Chris will repay the loan over the course of ten years until they become complete owners of the house.
A run-down property in the Cobridge area. Image: Google Maps
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The scheme's bid to help revive poorer areas demands that potential residents live in the houses for at least five years and earn between £18,000 and £25,000 a year.
One of the couple also had to have a 16 hours a week contract.
Chris, 22, an independent contractor, didn't have such a thing. Rebecca being a photography student at Staffordshire University, meant that she had to take on a new job at a supermarket to ensure qualification.
"It's a dream come true to have a house of our own. The £1 price tag is a special bonus!," she said.
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"We really had to fight for it - even though it meant me taking on my third job and upping my hours it was totally worth it."
Featured Image Credit: Google Maps