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Cheapest Areas in UK for property prices

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  • #16
    Originally posted by datch123 View Post
    I've found a website , you can win £250,000 to buy a house. Might be worth a try, there is no way I'll get a 25% deposit together which is what the bank wants.
    Is that one of those raffle competitions where you pay £20 for a ticket. I've always been a bit sceptical about those competitions. Was it for a house in the UK
    Portugal Property for Sale

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    • #17
      Re: Cheapest Areas in UK for property prices

      Before you ask for cheap property just decide the place as every place determine the price of the property.
      London Property

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      • #18
        Re: Cheapest Areas in UK for property prices

        Hello, I am an investor with a portofolio of properties in excess of £1 million I have made most of this moeny by investing in property in the Crewe and Stoke on Trent areas, you can get a bargain there nowadays and the rental income is probrally on a par with properties in Birmingham, e mail me if you need further info.

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        • #19
          Re: Cheapest Areas in UK for property prices

          Liverpool is very cheap. Prices are actually going down as well, 5.3% change this year so far!

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          • #20
            Re: Cheapest Areas in UK for property prices

            Back to the original thread, you can use a company called Demographics Now to work out the average house price in an area and it will do it by post code. It's not cheap though, if you're using it for a business purpose then it might be worth the money (1k for what my company use it for).

            If you are looking to buy to let then I know a friend of mine went through the process of working out the highest rent to house cost and he bought in Wales and Mansfield of all places. Hope that helps.

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            • #21
              Re: Cheapest Areas in UK for property prices

              So much of it is down to location, no point in buying a property that is dirt cheap because nobody wants to live there.
              Northern Ireland Property

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              • #22
                Re: Cheapest Areas in UK for property prices

                Buying a property that is cheap because of the condition it is in I have always liked that idea. Do it up and sell it on, and there is a bit of satisfaction about improving an area.
                Northern Ireland Property

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                • #23
                  Re: Cheapest Areas in UK for property prices

                  From my experience in renting to students i strongly suggest moving as far away, as you can, sure you can tell them about the damages to the house will result in fines or what have ya, but listen there students they have no money, there young and vunrable, and will throw house partys, my buildings have been completed messed from the students, DONT do it ;D

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                  • #24
                    Re: Cheapest Areas in UK for property prices

                    The Land Registry reports available on line should be of some assistance. it will also reveal trends in prices.
                    Fridays Property Lawyers
                    Specialists in Leasehold Conveyancing

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                    • #25
                      Re: Cheapest Areas in UK for property prices

                      Wales tends to have some of the cheapest property. If you're looking to buy check out Broadgate Residential Investments. They have some properties for around £30k in Wales and Burnley.

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                      • #26
                        Re: Cheapest Areas in UK for property prices

                        It is of course all relative (to mean salary in the area etc), the further north you go the cheaper it tends to get to buy, but then when you sell again it will still be cheap, so no greater a profit margin than if you bought somewhere expensive in the first place.
                        Do your research online and through estate agent websites to find somewhere that suits you.
                        Looking for a large mortgage?

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                        • #27
                          Mortgage Quote

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                          • #28
                            Re: Cheapest Areas in UK for property prices

                            Lots of the major portals out there like MSN and Virgin Media have ran features on the cheapest areas to buy in the UK. I’m sure if you do a search you can find these articles.

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                            • #29
                              Re: Cheapest Areas in UK for property prices

                              Try looking on Right Move, or just Google-ing it.
                              Looking for a large mortgage?

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                              • #30
                                Re: Cheapest Areas in UK for property prices

                                i bought through a company called fresh start living, they are by far the cheapest properties in the north west

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