Burnley has been named among the UK’s most affordable places in the UK for first-time buyers.
The list, compiled from research by Pink Storage, analysed property data, average household incomes, and the deposit needed to get on the property ladder to find the country's most affordable locations.
They used data from the property website, Rightmove, payscale for salaries, and ONS Data.
The storage company found 15 locations that they determined to be the most affordable in the UK.
Burnley named amongst most affordable places for first-time buyers in the UK
Burnley was named in the list among places such as Greenock, Paisley, Leicester and more.
The research revealed that the deposit needed by first-time buyers for a property in Burnley is £13,344.
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The full list of the most affordable towns and cities for first-time buyers in the UK
Here are the 15 most affordable towns and cities for first-time buyers in the UK, according to research by Pink Storage:
- Greenock (£10,288)
- Londonderry (£11,650)
- Bootle (£12,125)
- Coatbridge (£13,311)
- Birkenhead (£13,329)
- Burnley (£13,344)
- Jarrow (£13,543)
- Kingston upon Hull (£13,786)
- Kilmarnock (£13,958)
- Paisley (£13,968)
- Glenrothes (13,985)
- Grimsby (13,998)
- Blyth (£14,151)
- Leicester (£14,197)
- Hartlepool (£14,202)
To find out more about Pink Storage, please visit the Pink Storage website.
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