New statistics released by Lloyds Bank and Bank of Scotland on Wednesday have revealed the most and least affordable coastal destinations across the country to buy a home. Share your email to get the latest property news We have more newsletters Share your email to get the latest property news We have more newsletters New data from Lloyds Bank and Bank of Scotland has revealed the most affordable and most expensive coastal destinations in the UK. With people all over Scotland and beyond looking to get onto the property ladder and purchase their own home, deciding where to settle down can be an overwhelming decision.
Houses in cities such as Edinburgh and Glasgow are unaffordable for many, with most opting instead to live in more rural destinations. For those who have always dreamed of living by the sea, the new research that has been released by Lloyds has revealed where you will get the most bang for your buck. According to the bank, Rothesay on the Isle of Bute is the most affordable coastal destination both in Scotland and the UK — with homes costing on average just £101,477.
Rothesay, which is the main town on the island, is situated on the coast of the Firth of Clyde. It can be reached via ferry from the Inverclyde village of Wemyss Bay, which in turn benefits from a rail link to Glasgow . Inside 'lovely' Scottish island fixer-upper cottage cheaper than Edinburgh flat for sale The island town is known for its Victorian heritage, with many picturesque historic building.