Property News

Wednesday, September 13, 2006

Lindley is first-time buyers hotspot

According to the latest Royal Bank of Scotland property index, the number one property hotspot for first-time buyers is Lindley in Huddersfield. Recent redevelopment and good affordabilty make it an attractive option for first-time buyers. The average property price in Lindley is £138,886.

Bo'ness in West Lothian, Scotland, came second where the town on the banks of the River Forth has been ranked according to affordability and investment potential . A low average house price at under £100,000 and regeneration plans for the town centre have earned its reputation as a property hotspot.

In third place is is the Cardiff Bay area in Wales where an average one-bedroom home in the area around Butetown sells for £135,421. It is thought that the recent regeneration in Cardiff Bay has made the area more desirable.

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