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The salary needed to afford Bradford's cheapest homes (Photo:Zoopla) Have you ever looked at the cheapest homes in the city and wondered what you would have to earn in order to buy them? Luckily, Bradford is home to some very affordable properties which are ideal for investors and first time buyers. In previous weeks, we have already looked at  Tom Newcombe, mortgages spokesperson for MoneySuperMarket said there are many factors that impact the cost of mortgage repayments. He explained: “Affordability depends a lot on a customer’s outgoings as well as income, but in general le...

Described as “surprisingly spacious”, the property has high ceilings and a sizeable living space. The kitchen has a modern aesthetic and there are plenty of worktops and storage options to choose from. Christchurch Road, Boscombe Estimated annual mortgage cost: £4,116 Annual salary when mortgage is 30% of total: £13,720 The bedroom (Photo: Zoopla) Like the previous listing, this property is on Christchurch Road but this one has a little more space. This would be a great investment property, or first time buy for those hoping to get on the property ladder. The bedroom is bi...

This is especially the case in Watford which is home to some pricey and luxurious places. In fact, Zoopla estimates that the average property price in Watford is an eye-watering £431,476 However, it is possible to buy properties far below this average; we have tracked down some of the cheapest homes on the market and calculated the estimated salary you will need to afford them. It's important to note that there are many factors that impact the cost of a mortgage and lenders assess affordability on a case by case basis- salary isn’t the only deciding factor. Tom Newcombe, mortg...

Annual salary when mortgage is 30% of total: £6400 Inside the Newton Street property (Photo:Zoopla) According to our calculations, the annual salary needed to afford this bargain-priced property is £6400. Due to its low price point, it would be a great house for first time buyers or even for landlords looking for an investment property. The house has two bedrooms, one bathroom and a yard to the rear. The kitchen has a range of base and wall units plus an oven, hob and extractor. The lounge and dining area has an open plan design, making full use of the space available. Lord Stree...

We all know that Southend is home to some pricey and luxurious places. According to Zoopla, the average property price in the town is an eye-watering £316,478. However, there are also some more affordable options out there too- especially if you opt for a flat or apartment. We have already looked at the  It's important to note that there are many factors that impact the cost of a mortgage and lenders assess affordability on a case by case basis- salary isn’t the only deciding factor. Tom Newcombe, mortgages spokesperson for MoneySuperMarket said: “Affordability depends a l...