General (main property discussion here) - What will the council give me for a 3 bedroom house!!!!

Hi First of all, good to see such a site, seems quite interesting. Ok now down to business. I am new to the world of property and would like to invest a max of 50K (Euros) in a property in UK. I have seen some properties in Liverpool for example priced at 30K(Sterling) albeit these houses are in poor neighbourhoods and the condition of the properties is bad to say the least(ie no roof) with this aside. I Would like to place the property in the hands of the council (assumming they ok it when I bring the state of the house up to standard) What($) could I expect from them in return? And what costs (running) would i expect to incurr throughtout its life time with the council as the new psuedo owner?

Thanks in Advance

anthony, sorry could you clarify... are you looking to buy a house and then rent to the council?

as letting to the council is often done on a very different basis to other rental situtions.

tom

Antony, i think before you start buying property and hoping the Council will rent it from you, you should look into it alittle more. I buy, sell, renovate and rent out property...if you would like to chat please ring me 07947 694 717. Helen