Liverpool is extending its '?Homes for a Pound'? scheme following a successful pilot, and is also exploring the possibility of including empty shops in the initiative.
The council will be selling an extra 150 homes for £1 on the condition the buyer brings them up to decent homes standard and does not sell the property on for five years.
The council will also be introducing a '?Shops for a Pound?' scheme, selling or leasing vacant untis to businesses who can bring them back into use.
All properties will be assessed to ensure they can be refurbished, and the council will look at introducing a financial assistance scheme to help people carry out the works.
Mayor of Liverpool Joe Anderson said: '?We had overwhelming interest in our pilot Homes for a Pound scheme and those projects are now starting to come to fruition, transforming run down properties into beautiful family homes.
'?Now that we know that this type of scheme is a viable way of bringing empty homes back into use, we are going to expand it significantly and also looking at using a similar model to bring vacant shop units back into use as well.'
Other councils have also sold homes for £1 under similar schemes, including Stoke-on-Trent.