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Insights on money, career and trading

The Cheapest and Best Places to Live in the UK

Posted on October 25, 2014 by Daniel at 5:07 am

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While the rising cost of property may not be a comforting sign, you don’t have to live in a rented space for the rest of your life. You can afford to buy a property. But, you may need to reconsider your options. The UK is full of cheap housing. What’s more, there are some affordable and beautiful places to live. You don’t have to live in a dive in order to be able to afford a mortgage. On the contrary, there are some cost-effective housing solutions within the UK. What is more, this housing is in fantastic parts of the country too.

If you are in the midst of house-hunting in the UK, you need to know where you can afford to live.

Salford

Salford used to get something of a bad press. But, with recent developments in the Greater Manchester area it is now a place to live and work safely. Salford is an affordable option for those who want to be a part of the thriving Manchester scene. Commuting from Salford to the inner city of Manchester will only take around 10 minutes. Salford is the perfect place to move to if you want big city action at an affordable rate. The average house price in Salford is £138,000.

Hull

New research has shown that many first-time buyers are flocking to Hull. With larger properties and a more affordable rate, Hull has become the home of first-time buyers. With a rich and varied history, you won’t be short of things to do in Hull. The cost of living is also low too with bars and restaurants being very inexpensive. The average house price in Hull is £103,000. Little wonder many first-time buyers are flocking to this great city.

Birmingham

Birmingham, despite the accent, is an excellent place to live. With a wealth of shops and bars, it’s a great place for young and old to live. Housing has become very affordable. The average house price is £162,000 for a semi-detached property. One of the best things about Birmingham is that it has a high centre of business and commerce within the Colour Row area of the city. So, if you want a vast amount of employment opportunities, head to Birmingham.

2959833537_af77ed5003_zImage Author: Woodleywonderworks via Flickr

Dawlish

Dawlish in Devon is one of the most affordable places for families to reside. With more and more people upping sticks and taking the kids to Devon, the house prices have increased. But, only slightly. With an abundance of terraced homes, these generally fetch in the region of £177,000. It’s only slightly more expensive to live in Dawlish than Birmingham. This makes it an attractive prospect for many families. According to property brokers in Mill Hill, the schools are rated the best in the country due to the small classroom sizes.

Sunderland

If you want your property cheap and cheerful, head to Sunderland. A terraced home in Sunderland goes for the less than princely sum of £96,000. This is an excellent city to live within if you want to be within proximity to the sea. Sunderland is becoming the UK’s technology centre. So, if you are something of a tech-nerd, this could be an affordable solution for you. What’s more, you will have plenty of job opportunities.

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Insights on money, career and trading