The unlikely UK market town with £28k houses attracting investors from 'Dubai and China'

Terraced homes built of Lancashire Stone (Image: Getty)

If you're house-hunting and looking for immoderate bang for your buck, past acceptable your sights connected the historic marketplace town of Burnley.

The spot mightiness not conjure the aforesaid images of bustling Manchester, trendy Stockport oregon beauteous Harrogate implicit the Pennines, but with entree to the Lancashire countryside and cheap properties connected offer, the Burnley country has go a "hotspot" of marketplace activity.

Gary Trappe, elder subdivision manager from Entwistle Green property agents, told Express.co.uk, that first-time buyers often got connected the ladder successful the municipality - and adjacent extracurricular investors from arsenic acold distant arsenic "Dubai and China" were buying up spot arsenic buy-to-lets.

"They're attracted to the rental yields", helium explained, adding that investors from person to home, specified arsenic "Manchester and London" are commonplace too.

Burnley boasts casual entree to rolling the Lancashire hills (Image: Getty)

The property cause added that the "refurbishment of the UClan [University of Central Lancashire] campus" successful Burnley has besides contributed to the wellness of the market.

Not lone are determination homes up for merchantability for arsenic small arsenic £28,000, according to estate cause Rightmove, for those with a small much to walk connected their adjacent property, the country offers exceptional worth for money.

According to probe from HCB Solicitors, you can't get much for £500,000 successful the UK than successful Burnley. The experts assertion that successful Burnley, fractional a cardinal pounds tin onshore you a plush 5-bedroom detached location with an extended garden, modern amenities, and ample parking.

Martin Edwards, Senior Associate Solicitor astatine HCB Solicitors, comments: "For those looking to upsize and get much bang for their buck, heading to the Midlands oregon the North tin agelong your fund further - deliberation an other chamber oregon a bigger garden, cleanable for families.

"House prices are continuing to increase, making it tougher for first-time buyers, but with little mortgage rates, maintaining a spot is getting easier.

Some houses successful request of immoderate TLC tin beryllium snapped up connected the inexpensive successful Burnley (Image: Getty)

"To onshore the champion deal, marque definite you get a mortgage successful rule truthful you cognize however overmuch you tin borrow. Also, don’t hide to look into authorities schemes similar Help to Buy, and don’t beryllium acrophobic to haggle", helium added.

"The caller terms emergence could beryllium down to the Bank of England's complaint cut, making borrowing cheaper and driving up demand. In this fast-paced market, it’s each astir being speedy and prepared."

Meanwhile, a spotslight has been shone connected Leighton Buzzard, Bedfordshire, arsenic a sought-after commuter municipality boasting a lively marketplace and reasonably priced lodging options.

It's adjacent been named the UK's astir affordable, commutable marketplace town, arsenic getting into Central London takes conscionable 30 minutes connected the train.

The Bedfordshire municipality is the cleanable enactment for those wanting to accidental goodbye to the London beingness without saying bully bye to their high-paying metropolis jobs.