Cheapest Place to Buy House in UK

Have you ever wondered where the cheapest area to buy a house in the UK right now is?

Well luckily I have done some research and can tell you the top 10 cheapest areas to invest in the UK! Watch the full video as i talk about the cheapest and which out of the top 10 I would personally invest in.

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#CheapHouses #UKPropertyMarket #BuyLowRentHigh

[therachaeledit]

Having once lived in Middlesbrough TS1 as a student, yes the property is cheap but the crime levels are some of the worst in the country. We had to have bars over our windows and those who didn't had bricks put through them.

Also my hometown is Grimsby. Yes property is cheap here, but there is very little for people here and few opportunities.

Not to put anyone off, but you must do your research. Things aren't always the golden opportunity they seem. If property is dirt cheap, you have to ask yourself why.

[smith]

After numerous attempts of buying my first property back in 2005-2006 I finally was able to buy In 2011, thanks to my realtor... This was at the bottom of the 2008 crash. I got a great deal and am currently sitting on over 200k on equity, I took some equity out to buy a few more properties. I purchased one for 115k put 70k into it and sold it for 342k in 2017. The point is don't give up Either you're a wolf or sheep take advantages of these opportunities

[pccorner]

So to summarise the video…….1, find a shithole 2, buy a house 3, rent the house to a scroat 4, keep your fingers crossed they don’t grow cannabis in the house whilst stealing the electricity (which you’ll be responsible for) 5, keep your fingers crossed they actually pay you any rent (whilst you keep paying the buy to let mortgage) 6, keep your fingers crossed that you don’t rack up thousands in legal fees trying to get the non paying scroat evicted 7, try not to dwell on the fact that you’ve made a monumental fuckup that you’ll be saddled with for year’s to come. 👍

[hallscroft]

1 Middlesborough TS1 (North Yorkshire, Teeside)
2 Bradford BD1 (West Yorkshire)
3 Sunderland SR1 (Tyne & Wear)
4 Grimsby DN31 (Humberside/Lincolnshire)
5 Shilden DL4 (County Durham)
6 Peterlee SR8 (County Durham)
7 Stanley DH9 (County Durham)
8 Burnley BB11 (East Lancashire)
9 Liverpool L20 (Bootle, Merseyside)
10 Keighley (Pronounced Keithly) BD21 (West Yorkshire)

[moggiepics]

Thank you for the video. ‘Buy low, rent high’ makes sense from a profit standpoint but feels wrong to those locals that aren’t in the position to buy. There are a lot of issues where investors come and snap up properties to make money at the detriment of local people.

[TheTrinitygroup]

I worked in keighley for 17 years it is pronounced “Keithley” was funny hearing your pronunciation 🙂 great Video, some bargains still out there 👍

[lekuns]

You're brave to buy a house in any of these areas. They are "cheap" for a reason. More likely to be crime ridden or have bad tenants and get your house smashed up. Good luck 🤞

[SnakePliskin]

I'm originally from Middlesbrough and lived in both ts1 and ts3. Both areas where decent up until around the mid 2000s, occupied by professionals and working folk, then the landlords started buying. Areas are a sad place to see and be these days and anyone wanting a cheap deal is going to get smackheads, anti-social behaviour, wrecked houses and unpaid rent. There's a reason licensing was brought into these areas. Beware.

[POMMICUNT]

Bought a property in bradford in 2006 for 68000 refurbished the lot for 12000 its just been valued at 70000

[mrsc]

HMO the stuff of nightmares. Not only for the landlord but the neighbors too.

[jammytea]

Top 10 cheapest places to buy according to the video;

1- Middlesbrough
2- Bradford
3- Sunderland
4- Grimsby
5- Shildon
6- Peterlee
7- Stanley
8- Lancashire
9- Liverpool
10- Keighly

[jdc]

I’m from Darlington and I knew there was going to be a lot of areas in the north east on this video. The properties may be cheaper in places like Shildon, Peterlee and Middlesbrough but this genuinely is because there are very very few ‘nice’ properties in these areas. Cleveland (TS postcode) is the worst area currently in the UK for carrying knives. Peterlee and Shildon are both run down mining towns where the crime rate is very high.

Granted there may be return on investment but when you know a lot about these area there is a lot of risk when buying a property in these areas.

Overall liked the video thank you.

[thequoteoftheday]

Great video. I'm looking now into HMO

I don't know if I will start now or in a few years, but it is always great to watch your videos and build my knowledge around the property world

Keep up your great work

[carrickobama]

I viewed some properties in TS1 and was shocked at some of the sights all around outram street/ all the streets around it. It was poverty stricken and desperate and dangerous.

[robertagardner]

I only hope that these greedy landlords remember that they're renting to people who need a decent home to live in. Without the fear of being kicked out on a whim of their landlord, who might be able to make more rent or could change his plans at a moment's notice. There are so many homeless families who through no fault of their own, are in dire circumstances .

[SheCitrine]

Keighley = BD21 (£91000 avg price)(lease option agreement )
Liverpool = L20 ( £91700 avg house price)
Lancashire = BB11 (£ 91500 avg house price, rent £450 avg)
Stanley = DH9 (better than bb11)(95000 avg price)
Peterlee= SR8 (£85000 avg house price?)
Shildon = SR8 (£74000 avg house price)
Grimsby =DN31 (£71000 avg house price)
Sunderland = SR8 (£65000 avg price)
Bradford = BD1 (£58000 avg price, no article 4)
Middlesbrough = TS1 (£55000, rent (£602 avg))

[johnpeters]

Forget about cheap property, issue is guaranteed rent. Unfortunately, some of the cheapest areas in the UK do not come with guaranteed rent.

[richardh]

A great way to identify if someone is from West Yorkshire or not is their pronunciation of Keighley. It's actually pronounced KeiTHley. People outside West Yorkshire tend to always get the pronunciation wrong. Keighley is a complete dump though, so the low house prices are understandable.

[BloosSelfReliance]

People renting houses desperately needed by families in those areas room by room is why people can’t afford rents. Here in York it’s so bad that rent for a 3 bedroom house can go up and over £2000 a month!!! Because landlords prefer to rent the rooms out for £800 each !!!
Ps there are reasons those places are cheap. People don’t want to live there due to crime rates, severe poverty and no jobs (these things go hand in hand).
If you are going to buy property please don’t add to the major issues already being caused … think of those just trying to get by xox

[mrosman]

Love your videos Samuel, even told my family and friends, I been following your steps but never had the courage to go and get out there, so seeing and watching your videos has been uplifting. Early days for me and still on a learning curve, would love to meet up and actually see this through with me.