10 Secrets to Finding the Cheapest Houses in London
The city of London is one of the most expensive in the world to live in. From rent to energy costs, everything about the capital comes at a premium. But if you know where to look, it’s possible to buy property in and around London without breaking the bank. Read on for the 5 cheapest houses in London right now, so you can find your new home without breaking the bank!
1) Docklands
Docklands is one of the cheapest areas to buy in London. With its burgeoning art scene, proximity to central London and easy transport links, it has the potential to be as fashionable as it is practical. The area has great accessibility with underground and overground lines coming within a few minutes of your front door.
Plus there are excellent restaurants and galleries at which you can while away the hours on a Saturday afternoon. A riverside stroll can take you to Canary Wharf or Greenwich – both only around 10 minutes away on foot – or right across Tower Bridge into East London’s hipster neighbourhoods if that’s more your style.
2) Canning Town
Canning Town is an area of the London Borough of Newham and is the cheapest place to buy a house. It offers a wide range of reasonably priced housing, which you can find on its community’s website. If you prefer somewhere a little more active, Canning Town is only 7 minutes away from Stratford Westfield Shopping Centre.
For those looking for somewhere with access to great transport links then this is the place for you. You’ll be just 12 minutes away from Canary Wharf via DLR, or 30 minutes via Overground – perfect if you want quick access to the city centre! Another benefit of living in Canning Town is that it’s close to London City Airport.
The nearest station is 15 minutes away by bus and this service runs every 10-15 minutes during peak hours. There are also plenty of schools nearby for children who attend school as well as after-school clubs, meaning kids will never get bored!
3) Holloway
This district is also included in the cheapest areas to buy in London. Some people call it the mean streets of North London, but Holloway is now transforming from its old image. Renters can find studios for £730 a month on average, and two-bedroom flats for just £1,300. It has a vibrant mix of young professionals, families and students; art studios are popping up too.
You’ll find everything from Indian curry houses and Italian pizza joints to modern gastropubs with fusion foods. The developers have also done their part, putting up brand new apartments that seem better than many other parts of town. There’s also plenty of green space in the form of Alexandra Park, which is popular with joggers and dog walkers alike.
Old Stoke Newington Rd is one of the main shopping areas, as well as Tufnell Park Road. Every Saturday morning you can head down here for a farmers’ market, where you’ll find locals stocking up on organic fruit and veg, handmade soaps and candles, or the latest issue of Charlie Hebdo.