While property prices across the UK soar to record-breaking highs, there’s one overlooked corner of the country where homes are still shockingly affordable — and it’s not a scam.

Amid a housing market where first-time buyers often face average prices exceeding £267,000, there’s a surprising pocket of hope in the North East of England, where three-bedroom properties can be snapped up for less than £35,000.

Yes, really.

 

 

Affordable Homes in Durham and Hartlepool

 

 

Cities like Durham and towns such as Hartlepool are offering genuine opportunities for budget-conscious buyers, with properties listed for up to £230,000 less than the national average.

Not only are these areas known for their historical charm and community feel, but they also offer excellent transport links. Trains from Durham to Newcastle take just 16 minutes, costing under £4 for a return journey. From Hartlepool, Newcastle is less than an hour away, making both locations ideal for commuters.

Daniel Copley, a consumer expert from Zoopla, confirms:

“In places like Durham and Hartlepool, you can still find houses under £40,000. These areas are well-connected, close to the coast and offer access to key amenities including airports and high-speed rail.”

Below, we highlight four budget-friendly homes currently listed on Zoopla, all priced below £40,000.

Two-Bed Terrace – Horden, County Durham – £34,950

 

 

This compact terrace features two bedrooms and one bathroom. Located a short six-minute walk from the local train station, it offers a direct 30-minute train ride to Sunderland.

While the kitchen and living areas may need a little TLC, it’s hard to beat the price. A 10% deposit (£3,495) and a 25-year mortgage at 5% interest would bring monthly payments to around £183.

Two-Bed Terrace – Hartlepool – £34,950

 

 

Also priced at £34,950, this property includes two bedrooms, one bathroom, and a reception room. It’s located just a short drive from Hartlepool train station and within walking distance to local schools.

Like many in this price range, it may need a few updates, but it’s a steal for anyone with a bit of DIY spirit. With a 10% deposit, buyers could see monthly repayments of roughly £183.

 

Two-Bed Terrace – Sherburn Hill, Durham – £35,000

 

 

Situated in Sherburn Hill, this property might not win design awards but is unbeatable on value. It features two bedrooms, one bathroom, and separate kitchen and living areas.

It’s about 16 minutes by car to Durham train station, offering quick rail connections to Newcastle and York. With a 10% deposit of £3,500, monthly mortgage payments could hover around £183.

 

Two-Bed Terrace – Horden – £39,950

 

 

This slightly higher-priced terrace offers two bedrooms, a separate kitchen, and reception space. The location is a 10-minute walk from the Horden train station and is surrounded by nearby parks.

A £3,995 deposit could secure this home, with monthly payments around £210 under standard mortgage conditions.

 

Thinking of Buying? Here’s How to Get Started

 

Getting onto the property ladder might feel daunting, but many first-time buyers have made it happen with creative saving strategies and little-known schemes.

Whether it’s the DIY Help to Buy, 50/50 method, or tapping into shared ownership, there are multiple ways to reduce upfront costs and make homeownership a reality.

And with homes like these in Durham and Hartlepool still available at under £40,000, the dream might not be as far-fetched as it seems.