On the market for an affordable property?

There’s no denying that getting on the ladder can be costly and you have to pay close attention to the property markets in order to nab a bargain.

This is especially true during the pandemic, where house prices have been steadily increasing in the area since May 2020.

However, a great place to start your search is with the houses that seen the greatest reduction in price.

Here are five Cumbrian properties which have seen their asking prices slashed since first being listed:

Old Chapel Close, Bothel
£37,000

News and Star: Would you buy this house? (Photo: Zoopla. Home Group)Would you buy this house? (Photo: Zoopla. Home Group)

This Cumbrian home has seen the biggest price reduction.

In total, the price for this property has reduced by more than 47 per cent.

When it was first listed for sale in 2019, the asking price for the property was £70,000.

The property itself has a lot to offer a potential buyer- it is a good size and ideal for first time buyers.

It has three bedrooms and a garden with fruit trees to admire.

Firns Home Hardware, Cockermouth
£35,000

News and Star: This Cockermouth property is on the market(Photo: H and H Land Estates, Zoopla)This Cockermouth property is on the market(Photo: H and H Land Estates, Zoopla)

This hardware store has proven difficult to sell as it has been on the market since December 2019.

Since then, the asking price has been slashed by £20,000 or 36.4 per cent.

However, it could prove to be a lucrative investment for the right buyer.

It’s in the heart of Cockermouth and a short distance from the Lake District.

If occupied by a tenant, they would be responsible for any repairs.

Trumpet  Road, Cleator
£65,000

News and Star: Trumpet Road property(Photo: Zoopla, Your Move)Trumpet Road property(Photo: Zoopla, Your Move)

On the market for a three bedroom home?

The price of this home has been significantly reduced since it was first listed (35.5%); the initial asking price was £94,500.

It has been on the market since March 2020- since then, the price of the home has been reduced three times.

The home is marketed at families and it has been recently renovated.

The kitchen is newly fitted and the property even has its own rear yard.

The home is being sold via auction- would you be tempted to make a bid?

Mealsgate, Wigton
£180,000

News and Star: £70 K has been knocked off the asking price of this property(Photo: Zoopla, Your Move)£70 K has been knocked off the asking price of this property(Photo: Zoopla, Your Move)

When it was first listed, this property was on the market for £250,000.

Since then, £70,000 has been knocked off the price.

The property itself is a three bedroom bungalow with plenty of charm.

The lounge is the focal point of this property, as the rustic beams are still exposed and there is a hearth and open fire to huddle around.

The kitchen has two feature stone walls and plenty of space for table and chairs.

Meadow Edge, Barepot, Workington
£145,000

News and Star: This would be a great family home (Photo: Zoopla, Purple Bricks)This would be a great family home (Photo: Zoopla, Purple Bricks)
This three bedroom property is being sold via online auction, so the asking price is subject to change.

It was first listed for sale in August 2020; since then, the asking price has been reduced six times meaning a total of £55,000 has been slashed off the price.

This would be a perfect family home, ideal for those who want some peace and quiet in the countryside.

The property even comes with its own conservatory and boasts a stunning rear garden that is mostly laid to lawn.