Brand new data from online mortgage broker Mojo Mortgages has revealed significant differences in the types of properties the average UK house price can purchase across the country’s major cities, providing valuable insights for property investors.

Their analysis of over 3,200 properties currently on the market for around the current average house price (£261,142) found that the most common property is a 2.18-bedroom, semi-detached house with 1.26 bathrooms.

However, when broken down city by city, the findings show stark contrasts in what the national average can buy.

In Northern cities like Middlesbrough, landlords can potentially secure a 3.85-bedroom detached house for the average price, which could command strong rents. 

This makes it an attractive option for landlords who would like to purchase properties that are likely to acquire families. 

This is then followed closely by another Northern city, Sunderland, where the national average property purchase is likely to be able to purchase property investors a 3.67-bedroom detached property. Again, a property of this size is likely to appeal to families and generate a solid rental yield. 

Rounding up the top three is Kingston Upon Hull. Here, property investors can purchase a detached property with an average of 3.50 bedrooms, with the national average property price. 

Here is a table of the top 10 cities with the highest number of bedrooms.  

Southern cities provide smaller flats with limited rental potential for the national average house price

In contrast, Southern cities are more limiting for landlords that have a budget of around the national average house price (£261,142).

Out of the 45 towns and cities analysed, Brighton has the lowest number of bedrooms. Here, home buyers are most likely to be able to afford a flat or apartment with 1.31 bedrooms and 1.02 bathrooms.

This is then followed by Oxford, with the national average house price typically securing a flat or apartment with 1.5 bedrooms and 1.25 bathrooms.

Finally, another university hotspot, Cambridge, then finishes as having the third smallest number of bedrooms. Here, the national average house price can most typically purchase a 1.56 bedroom flat or apartment, with 1.00 bathrooms exactly.