The Cheapest Places in England to Buy a House

Are you thinking about investing in property in England? Well, in this video, we'll show you the cheapest areas by postcode in England to invest in property!

[RoseSmith-vg]

I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.

[BitsOfBen]

I bought my property in Liverpool in 2017. 2 bed maisonette for £64, 000. Granted the value has gone up by somewhat but it’s been worth it. I renewed my mortgage last year on a ten year deal and my mortgage repayments are £210 a month so I’m pretty happy!!

[jonblackburn]

In between three of the places you mentioned, there's Hartlepool. We bought a three storey terrace house (5 bed, 2.5 bath, 3 reception and 100ft+ garden) for £100k. There are PLENTY of houses available for less than £50k in the area - obviously smaller than ours. If you WFH, it's absolutely great to live here.

[jennyd]

Interesting little video, however, as someone who has a little previous experience of property investment, I would add a word of caution for anyone who isn't familiar with buying in these cheaper areas. You do have to be very realistic about what you are getting into. Postcodes are almost always cheap for a good reason, sometimes because jobs are in short supply, or there has been some change to the area. Also the houses are often in need of TLC, having been run down due to lack of money. So don't be expecting a Buckingham Palace. That said if you choose well they can still be very worthwhile projects, either to do up and rent out, or indeed to live in. Just bear in mind that you WILL usually need to be prepared to put in a bit of hard graft to reach the full potential.

[enochpowelghost]

If your retired the north east is a great place to be countryside is fantastic and beaches to match, you could sell your expensive southern house say for 400k.
Then buy a good one up north for around 100k, all services are the same as down south and the people are far more friendly.
Just think no inheritance tax to worry about as you swan around the world on a fantastic cruise, a new car, campervan hoilidays.

[MrKarelKosa]

They are cheap for reason right? Thanks for letting us know all the areas to avoid 😅

[garyvarty]

I have personally visited all these places over the years looking at property and in my opinion the only one I would buy a property in is grimsby

[shambhangal]

For all the Americans looking to buy cheap rentals in the UK, 'Keighley' at number 9 is not pronounced key-ley as per the video. The 'keigh' part is pronounced 'keith' as per the man's name, so its actually pronounced 'keithley'. Also, if you want cheap and good enough to live in and raise your kids, don't buy in the cities noted - buy in the sticks just outside them. This is particularly true of both Keighley and Bradford, as you are then in Gods own Country (and well away from the idiots keeping the prices down!) but near enough to the big financial/IT employers in Leeds, Manchester (and surprisingly - Halifax) to still have a well paying career.

[penelopeelsie]

This is a good video but I have to say, I will forever be indebted to you Gardner 😇you’ve changed my whole life I’ll continue to preach about your name for the world to hear you’ve saved me from a huge financial debt with just little investment in money market, thanks so much Mrs Rose Gardner

[desubtilizer]

4:01 Flats might seem cheap but you are always paying bodycorps which can be very expensive

[david-pbbi]

Friend of mine bought a house in rough part of Liverpool ( 30 years ago ) for £300, sold it back to council for £1.

[daimonmt]

Those places are cheap because they are a highly deprived and there is high criminal activity. If its too cheap to be true, there is usually an underlying reason.

[commuterbranchline]

There are 1.4 million discounted mortgages due to end in 2023. That means 1.4 million folks who borrowed at 0.5% interest rate facing borrowing costs at 5% and above. This could turn into an affordability crisis, leading to tens of thousands of repossessions. You may have to revise your prices down sooner than you think………

[MrFIZZYMann]

£296, 000 !
I'm a Native of Oxford,
Here, For That Money You MAY Get a Shared-Ownership on a;
😀 Used Wardrobe,
😀 Cardboard Box
😲 or a Hedge That People Piss in,
BUT It Will Be in a Rough Suburb.

[TheWhitehawker]

If looking for a cheap property, in my opinion Dover in Kent is the best option, prices for a 2 bedroom terrace from £125 000

[fthunte]

I am surprised Stoke-on-Trent and Durham were not on the list?

[ianwynne]

Wait 12 months and you'll see your money go a lot further and your choice of location too.

[annenattimba-ddamulira]

I prefer Worthing in West Sussex
Out side the city
Thank you
Anne Nattimba-Ddamulira

[karensattler]

It's unfortunate you didn't show the areas or the apartments or homes look like.

[cervelo]

I could never bring myself to live in a poor rough common area. My work is on a council estate, its just not my cup of tea, horrible people, criminal intent etc.
Your top ten list, there are going to be lots of bad effects - crime, drugs, prostitutes, etc.