Cheapest Regions to Purchase a Property in the UK
When it comes to purchasing a property, everybody in this world wants to get more value than their money will allow. Whether your budget is £1 million and you’re looking for a luxurious apartment or if your budget is £100,000 and you’re searching for a lovely house to reside in; you’re going to want to discover the best possible property for the least amount of money possible. Now, if you’re a property investor this is magnified even further, as your main focus will be making a profit.
Although house prices are continually rising throughout the UK due to developments and enhancements of infrastructure attracting more and more people to various regions, there are still several areas where you can source a magnificent deal. We appreciate that scouring the UK property scene for the cheapest places to buy a house can be very time-consuming and extremely difficulty, which is why we’ve performed all of the hard work for you. Below are the top regions to buy a financially-friendly property within the UK.
Immingham, North East Lincolnshire, England
One of the most affordable places to purchase a property in the UK is the town of Immingham. It is a beautiful little town, and boasts of a large port which brings a large amount of people to the area regularly. The average price of a house in this region is around £119,000.
Port Talbot, Wales
Another region where you can secure yourself a good bargain is the Welsh town of Port Talbot. Also recognised as the home of the Port Talbot Steelworks, which is one of the biggest steelworks in the world, it attracts many people to the area for that very reason. The average price of a property here is approximately £114,000.
Clydebank is a wonderful Scottish region which is steeped in shipbuilding history. Located on the banks of the River Clyde, as the name suggests, it is a great village that houses the Antonin Wall World Heritage Site, the Clyde Shopping Centre and has many restaurants, cafes and entertainment destinations. This area will secure you a great property for low cost, as the average property price is around £111,000.
Another financially-friendly region in the UK is Abertillery in the Ebbw Fach valley. Known for its incredible views and its close proximity to the Brecon Beacons National Park and a world heritage site, Abertillery also has the railway station, a tremendous town centre and a relaxing aura. The average price of a house within the region is roughly £111,000.
This region is a significantly Victorian town and is one where you can secure yourself a great deal. It’s picturesque Old Church within the town centre dates way back to the 1800’s and the Mercat Cross has even more heritage, having been built in 1703. Despite being a gorgeous Victorian looking town, it also possesses a plethora of amazing restaurants and premium shops. You’ll find that the average price of a house here is about £104,000.