The housing market is a nightmare. Quelle shock. And nowhere is it crazier than in London.
Costs within the capital are at an all time excessive, with the common gaff going for an unbelievable, and fairly sickening, £529,000.
Now, not many individuals have that sort of money mendacity round as of late, however we’d have an alternate.
Positioned round 465 miles north of London, and simply 9 hours within the automotive, is Pladda Island.
The picturesque strip of land is lower than a mile off the coast of the Isle of Arran and comes with its personal lighthouse.
And if that wasn’t sufficient, it would set you again round £350,000. Which is not too shabby.
The 28-acre plot is accessible by helicopter and boat, with a small jetty permitting you to hop throughout to the neighbouring island or again to the mainland.
It additionally has a Lighthouse Keeper’s cottage, with 5 bedrooms and two reception areas, in addition to a toilet.
When you have friends staying, there’s additionally a separate property with a bed room, a bathe, a kitchen and a sitting room – in addition to a number of outbuildings.
In line with property agent Knight Frank, it boasts ‘breathtaking views in the direction of the south coast of Arran, Ailsa Craig and Northern Eire’.
And for those who’re a fan of wildlife, you then’re actually in luck.
Pladda can be an ‘vital breeding floor and cease off level for a wide range of migratory seabirds. Over 100 species of birds have been recorded on Pladda island prior to now’.
The island has ‘profitable breeding colonies of Artic Terns, a wide range of gull species, Turnstones and Shags’.
I imply, that is acquired to be higher than a rat-infested studio dungeon in Brixton, proper?
In the event you’re tempted, yow will discover extra data right here.
For many who actually wish to minimize down on prices, although, it is value understanding the most cost effective place to stay in the entire of the UK.
The typical home worth within the city is simply £71,000, that means you will not need to signal over your immortal soul to get onto the property ladder and hopefully begin climbing your manner up.
Two common native patrons would solely want 1.14 instances their mixed salaries to have the ability to afford the common home within the city outright.
That is far under the present UK common of a pair of patrons needing 4 instances their mixed annual salaries to afford the common UK home worth, which is presently £263,000.
So for those who’re making an attempt to get on the property ladder, it may be value contemplating.