The Cheapest Places to Buy Property in the UK

Where to Snag a Home for Under £150k—and Still Get Strong Returns

The UK property market is tougher than ever in 2025, but bargains still exist—if you know where to look. We crunched the latest data to reveal the 10 cheapest places to buy right now, plus expert tips on avoiding hidden pitfalls.

🏆 2025’s Top 5 Cheapest Places to Buy

(Average house price | Why it’s a steal)

1. Middlesbrough, North East England

📍 Avg. Price: £124,000 (-2% YoY)
💡 Why Buy?

• 8% rental yields (thanks to Teesside University students).
• Government grants for refurbishing old terraces.
  📉 Risk: Higher vacancy rates in some postcodes.

Local Quote:
*“I bought a 2-bed for £110k, spent £15k renovating, now it’s worth £160k.”* – Mark, Landlord since 2021

2. Burnley, Lancashire

📍 Avg. Price: £131,500
💡 Why Buy?

• HS2 ripple effect: Investors betting on future transport links.
• EPC C+ homes for <£150k (rare in 2025).
  📉 Risk: Slow price growth (just 1.2% in 2024).

3. Stoke-on-Trent, Staffordshire

📍 Avg. Price: £138,000
💡 Why Buy?

• £5k council cashback for first-time buyers.
• Amazon warehouse jobs = reliable tenant demand.
  📉 Risk: Some areas have low EPC ratings.

4. Sunderland, Tyne & Wear

📍 Avg. Price: £142,000
💡 Why Buy?

• 1-bed flats for £80k near Sunderland Uni.
• Government “Level Up” tax breaks until 2027.
  📉 Risk: Leasehold traps in older buildings.

5. Hull, East Yorkshire

📍 Avg. Price: £148,000
💡 Why Buy?

• Port expansion = rising jobs (and rents).
• Cheapest 3-beds in England (£175k avg).
  📉 Risk: Flood zones—check the [EA map].

💡 3 Hidden Gem Towns (Under £100k!)

1. Blyth, Northumberland (£92k avg) – Offshore wind farms = job boom.
2. Pendle, Lancashire (£97k avg) – Best cashflow for HMOs.
3. Derry/Londonderry, NI (£89k avg) – *Stamp duty-free & 10% yields*.

⚠️ 3 “Cheap” Places to AVOID

❌ Blackpool (High void periods)
❌ Jaywick (Flood/insurance costs)
❌ Parts of Wolverhampton (Slow growth)

Quote:
“Bought a ‘bargain’ in Blackpool in 2023. Spent £12k on repairs. Never again.” – Anonymous investor

🎯 Your 2025 Action Plan

1. Use Rightmove’s “Under £150k” filter + sort by “highest yield.”
2. Check EPC ratings (avoid D-G unless you’ve got refurb cash).