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Where is the cheapest place to buy in the UK?
Comments
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Middlesborough is very very cheap ( but most of it is a slum)
Hull is also very cheap (but I hate to say it, having gone to uni there it is also a slum)
The North East, where i'm from, is a relatively cheap area. You can get a property on the coast for anything between 90k and 400k (400 stretching it to an out and out mansion).I'll have some cheese please, bob.0 -
As for the link above to middlesborough, although it looks like a new build, i'm pretty sure it's probably housing authority. In sunderland there are lot's of 'new builds' that are actually Housing Group regeneration areas.
That one looks a little on the wrong side of rough thoughI'll have some cheese please, bob.0 -
space_rider wrote: »Bargains to be had in the East Midlands.
I know where there is a 3-bed terrace house, built 1942, recently gutted and renovated inside and out, up and down, all done to a very high standard by family members, they can't sell it because no one can get a mortgage, outskirts of Derby. I saw it yesterday. Asking price £150K.
PM me for details.[FONT=Times New Roman, serif]Æ[/FONT]r ic wisdom funde, [FONT=Times New Roman, serif]æ[/FONT]r wear[FONT=Times New Roman, serif]ð[/FONT] ic eald.
Before I found wisdom, I became old.0 -
This thread was about cheap houses, not "more houses the same price as all the other houses that nobody can sell because nobody can get the mortgage"margaretclare wrote: »I know where there is a 3-bed terrace house, built 1942, recently gutted and renovated inside and out, up and down, all done to a very high standard by family members, they can't sell it because no one can get a mortgage, outskirts of Derby. I saw it yesterday. Asking price £150K.
£150k is a LOT of money. Add in the competition, the fact a 2nd-time buyer can't sell their own house and a FTB would need a £15k deposit and then a £40k salary and you can see why they can't sell it. Like all the rest.
Doing a quick RightMove search, Derby/3miles/Houses/3 beds, there are 1072 for sale, half of them under the stamp duty threshold. And a lot of them are semis or even detached.
Somebody will buy it, when it's cheaper.0 -
I am sorry to disagree, but when we saw this yesterday and saw the work that had gone into it and the standard it had been done to, we couldn't believe that DS was only asking £150K for it.
If you want a house that needs nothing done to it then it's going to cost you money, and you'll end up paying for all the things that have already been done on the one we saw yesterday. With this one you could move in and apart from normal furniture you wouldn't have to do anything.
I know of another house in the area where I live - commuting distance to London - which does need everything done to it, 3-bed 1930s, very big garden, near railway etc and that sale is going through, £169K.[FONT=Times New Roman, serif]Æ[/FONT]r ic wisdom funde, [FONT=Times New Roman, serif]æ[/FONT]r wear[FONT=Times New Roman, serif]ð[/FONT] ic eald.
Before I found wisdom, I became old.0 -
margaretclare wrote: »I am sorry to disagree, but when we saw this yesterday and saw the work that had gone into it and the standard it had been done to, we couldn't believe that DS was only asking £150K for it.
If you want a house that needs nothing done to it then it's going to cost you money, and you'll end up paying for all the things that have already been done on the one we saw yesterday. With this one you could move in and apart from normal furniture you wouldn't have to do anything.
A house is only worth what someone is prepared to pay for it.
Hence thats partly the massive differences is prices between the South East & the North.0 -
How about £12000 for a 1 bed flat in Greater Glasgow? Might not count as it is going to be sold at auction.
http://www.rightmove.co.uk/viewdetails-21580046.rsp?pa_n=3&tr_t=buy0 -
If it's so great. Put a link in here for us to see.0
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The original spec was for a 2-bed house tooHow about £12000 for a 1 bed flat in Greater Glasgow? Might not count as it is going to be sold at auction.
http://www.rightmove.co.uk/viewdetails-21580046.rsp?pa_n=3&tr_t=buy
Nice find though!0 -
A house is worth:
- what a seller will sell it for
- what a buyer is prepared to borrow to buy it
- what the banks will lend them to buy it
A house is not worth:
- what a seller wants for it
- how much they have spent on it
- how much they 'need' to sell it for because of other debts0
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