If you’re looking to get on the property ladder Preston then settling down in some parts of the city are certainly more affordable than others.
Recent figures show that six of the cheapest 10 neighbourhoods in Preston are clustered around the city centre. The median property price in Broughton, Preston’s most expensive neighbourhood, hit £296,475 according to the latest data released by the Office for National Statistics (ONS). Not good viewing for those hoping to get on the property ladder during a cost of living crisis.
But there are cheaper alternatives available at the moment - such as Fishwich. This is Preston’s cheapest neighbourhood according to the ONS data with a median property price of £108,250. Below are the eight cheapest properties listed for sale on Rightmove in the area.
1. Most affordable neighbourhood in Preston
Here are the cheapest homes on the market in Preston’s most affordable neighbourhood. Photo: WILLIAM BARTON
2. Cave Street - £88,000
https://www.rightmove.co.uk/properties/133028186#/?channel=RES_BUY Photo: submit
3. Cave Street - kitchen
What the estate agents say: "Fantastic investment opportunity. Two bedroom terraced home offering easy access to local amenities and transport links. No chain delay and viewing highly recommended. The accommodation briefly comprises; vestibule, lounge, dining kitchen, to the first floor, two bedrooms and bathroom. Double glazing, gas central heating system and yard to the rear." Photo: submit
4. Mornington Road - £100,000
https://www.rightmove.co.uk/properties/132823958#/media?channel=RES_BUY&id=media1&ref=photoCollage Photo: submit