Cheapest place in the UK to buy a house?

Question

Here in the South Wales Valleys we bought our 3 bedroom victorian terrace for �72,000. Its very "dated" as the snobby property types like to say and does need quite a bit of work done, but which can be done over time (the actual house is great, its the extension which needs some work done). Just a lick of paint has brightened it up no end! I've seen properties going for �55,000 up towards Merthyr Tydfil. Not always bad condition either. Mostly they just need a little redecorating or updating - they're fully liveable-in. Its even possible for people on low wages to buy houses in these areas, although there isn't much work around about here, so you will need a car to get to Cardiff/Newport where the work is. Anywhere else in the UK where houses are so cheap? We bought it from an estate agent, not an auction. Christine A - yes we are exactly doing that - living in the middleof a row of shoddy 1900 terraced houses with shoddy improvements! Still it beats renting.

2 years ago - 18 answers

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Around the corner from me, a 3 bed house can be anything from �20,000 to �80,000, they are ex-council and in one of the most notorious areas in the country, but they are actually quite nice houses! The �80,000 ones tend to be on the outskirts, where there isn't any trouble - just the wrong postcode!! EDIT: Just read the other answers - someone said Gosport - that would be where I'm talking about!! But you have to remember that Gosport has the biggest price difference in similar postcodes in the country. Alverstoke a 3 bed house is around �350,000-�400,000, just down the road in Rowner are the prices I said before - it's madness!! The council are demolishing and rebuilding the whole estate in the next few years though.

by katkat

2 years ago

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