The unlikely little town near major city named the UK’s best value place to live | UK | News

A town surrounded by stunning landscapes and breathtaking views has been revealed as the location house hunters can get the most for their money.

Manchester is now arguably the UK’s second city – and property prices there are on the up as home buyers flood the market and send prices soaring.

Now the nearby Lancashire town Burnley has topped the list of locations where those searching for a new pad can get the biggest property bang for their buck.

The town has a rich history as one of Lancashire’s most prominent mill towns and earlier this year it was also given the title of the cheapest postcode to buy a house, with the average price coming in at less than £134,000.

The average property price in England is currently £302,000. It is around an hour’s commute into Manchester by car and just 46 minutes by train.

HCB Solicitors compiled the new rundown of what £500,000 can buy you in different parts of the UK.

It says in Burnley £500,000 you can secure a grand five-bedroom detached house with extensive gardens, modern amenities and ample parking.

But prices in the town – which boasts gorgeous views of the West Pennine Moors that surround the town – currently start from as low as a guide price of £25,000 for a three bedroom, two bathroom end of terrace house.

It said: “Burnley offers unbeatable value and a great quality of life, making it the top choice for savvy buyers.”

Martin Edwards, Senior Associate Solicitor at HCB Solicitors, said: “For those looking to upsize and get more bang for their buck, heading to the Midlands or the North can stretch your budget further – think an extra bedroom or a bigger garden, perfect for families.”

Next on their list was Stoke-on-Trent, Staffordshire followed by Swansea in Wales. In fourth place was Hull, in East Riding of Yorkshire and taking fifth place was Aberdeen, in Scotland.

Martin Edwards, Senior Associate Solicitor at HCB Solicitors adds: “House prices went up by £2,200 last month, making it tougher for first-time buyers, but with lower mortgage rates, maintaining a property is getting easier.

“To land the best deal, make sure you get a mortgage in principle so you know how much you can borrow. Also, don’t forget to look into government schemes like Help to Buy, and don’t be afraid to haggle.”

He added: “The recent price rise could be down to the Bank of England’s rate cut, making borrowing cheaper and driving up demand. In this fast-paced market, it’s all about being quick and prepared.”