Despite UK house prices hitting near record levels, it’s still possible to find a bargain on the property market. Research by online estate agents HouseSimple.com has found some of the cheapest properties currently for sale in the UK, that are literally the price of a new car.
How about a property for the price of a Ford Fiesta? In Preston, there is a flat for sale in Ribbleton for just £15,000. A new Ford Fiesta Titanium will set you back £15,295. While, in Hartlepool, you could pick up a two-bed terraced house (£26,000) for the price of a Volkswagen Golf GTI (£26,895).
HouseSimple.com has looked at the cheapest properties currently for sale in 30 of the biggest towns and cities across the UK, and found the equivalent priced car.
While in Liverpool you could pick up a one bed flat (£20,000) for the price of a Skoda (£19,640), in Cambridge, a bargain is a little harder to come by. In fact, the cheapest property currently for sale in Cambridge (£160,000) would cost you as much as the stylish Ferrari California (£154,000 - £176,000).
And the bargains are also a little thin on the ground in the historic university city of Oxford, where the cheapest property currently for sale is a one bed flat, on the market for £130,000, the same price as an Audi R8 (£119,500 - £137,500).
Surprisingly, it is possible to pick up a property in London for less than £100,000, with a one bed flat in Tilbury on the market for £99,995. On the other hand, you could throw caution to the wind and buy an Aston Martin Roadster instead, which retails at around the same price (£101,344).
The following table shows the cheapest properties currently available in 30 major towns and cities across the UK, and the equivalent priced car:
|
Town/City |
Cheapest property currently available |
Price of Property (£) |
Equivalent car for price of property |
Price of car (£) |
|
Cambridge |
1-bed flat: Beaconsfield Terrace, Cambridge CB4 |
£160,000 |
Ferrari California |
£154,000 -£176,000 |
|
Guildford |
1-bed house: Reeve Court, Tarragon Drive, Guildford, Surrey GU2 |
£150,000 |
Lamborghini Spyder |
£145,000 - £150,000 |
|
Oxford |
1-bed flat: Pound Way, Cowley, Oxford OX4 |
£130,000 |
Audi R8 |
£119,500 – £137,500 |
|
Brighton |
Studio: Old Shoreham Road, Brighton, East Sussex BN1 |
£104,950 |
BMW i8 |
£104,540 |
|
London |
1-bed flat: Dock Road, Tilbury RM18 |
£99,995 |
Aston Martin Sportshift (420bhp) Roadster 2d |
£101,344 |
|
Bath |
1-bed flat: Chilcompton Road, Midsomer Norton BA3 |
£92,950 |
Audi A8 |
£60,235–£98,570 |
|
Bristol |
1-bed flat: Church Road, St. George, Bristol BS5 |
£80,000 |
Mercedes-Benz SL Cabriolet/Roadster |
£73,575 |
|
Milton Keynes |
1-bed flat: The Hide, Netherfield, Milton Keynes MK6 |
£80,000 |
Land Rover Range Rover Sport |
£61,545 – £93,995 |
|
Southampton |
1-bed flat: Windrush Road, Millbrook, Southampton SO16 |
£70,000 |
Jaguar XJ LONG WHEELBASE |
£61,690 |
|
Swindon |
1-bed flat: Marney Road, Grange Park, Swindon SN5 |
£70,000 |
Mustang Shelby® GT350R |
£61,295 |
|
Edinburgh |
1-bed flat: 2/1 Mortonhall Park Place, Edinburgh EH17 |
£69,995 |
Porsche Caymen GT4 |
£64,451 |
|
Bournemouth |
Studio: 472 Christchurch Road, Bournemouth, Dorset BH1 |
£55,000 |
BMW M3 Saloon |
£56,595 |
|
Nottingham |
1-bed flat: Noel Street, Nottingham NG7 |
£54,950 |
Maserati Levante |
£55,000 |
|
Plymouth |
Studio: Alexandra Road, Mutley, Plymouth, Devon PL4 |
£52,000 |
Range Rover Evoque |
£30,200–£51,800 |
|
Cardiff |
1-bed flat: Despenser Street, Cardiff CF11 |
£50,000 |
Maserati Ghibli |
£48,830 |
|
Manchester |
2-bed flat: Broughton Road, Salford M6 |
£49,950 |
Audi Q7 |
£47,775 |
|
Sheffield |
1-bed flat: The Green Way, Deepcar, Sheffield S36 |
£46,500 |
Volvo XC90 2.0 D5 Momentum 5dr AWD Geartronic diesel estate |
£43,290 - £46,500 |
|
Coventry |
2-bed flat: Jasmine Grove, Stoke Aldermore, Coventry CV3 |
£45,000 |
Chevrolet Camero |
£39,200 – £44,700 |
|
Wolverhampton |
2-bed flat: A Deans Road, Wolverhampton WV1 |
£45,000 |
BMW X4 |
£37,545 |
|
Birmingham |
Studio: Howarth Way, Birmingham, West Midlands B6 |
£39,000 |
Lotus Elise 1.8 S Sport 2d |
£39,920 |
|
Sunderland |
2-bed flat: King Henry Court, Sunderland SR5 |
£32,500 |
Jaguar F-PACE |
£34,170 |
|
Leeds |
1-bed flat: Park Crescent, Armley, Leeds LS12 |
£30,000 |
Subaru WRX STI |
£28,995 |
|
Stoke-on-Trent |
2-bed house: St. Aidans Street, Tunstall, Stoke-On-Trent ST6 |
£30,000 |
JEEP Cherokee Night Eagle |
£33,045 |
|
Hull |
1-bed flat: Coltman Street, Hull HU3 |
£30,000 |
Honda CR-V |
£22,770–£34,710 |
|
Newcastle |
1-bed flat: Chestnut Avenue, Newcastle Upon Tyne NE5 |
£29,950 |
Nissan 370Z Coupe |
£27,605 |
|
Glasgow |
1-bed flat: Househillmuir Road, Glasgow, Lanarkshire G53 |
£29,000 |
Lexus IS 250 SE |
£28,495 |
|
Hartlepool |
2-bed terraced house: Harrow Street, Hartlepool TS25 |
£26,000 |
Volkswagen Golf GTI |
£26,895 |
|
Bradford |
Studio: Hockney Court 2 Hallgate, City Centre BD1 |
£25,000 |
Ford Mondeo Titanium |
£25,245 |
|
Liverpool |
1-bed flat: New Road Court, Liverpool, Merseyside L13 |
£20,000 |
Skoda New Superb Hatch |
£19,640 |
|
Preston |
2-bed flat: Rothwell Lodge Grange Avenue, Ribbleton, Preston PR2 |
£15,000 |
Ford Fiesta Titanium |
£15,295 |
Alex Gosling, CEO, online estate agents HouseSimple.com, comments: “It’s hard to believe that you can still buy a property in the UK for the price of a Ford Fiesta and a house for the price of a VW Golf GTI.
However, it may be a little flamboyant and probably a little reckless to spend your entire property budget on a Lamborghini, even if it would look great on the driveway.
But this research does prove there are bargains to be found on the property market, even with average house prices at almost record levels – it just requires a little research and probably a lick of paint!”
(image courtesy of David Fowler / Shutterstock.com)
