The average property price in Preston, according to the latest UK House Price index, is £132,581 – still well below the average price for England of £266,742.
And online property website Zoopla has plenty of homes available around the price, offering plenty of value for money.
Tom Parker, consumer spokesman for Zoopla, said: “Preston has a lot to offer home hunters.
“Within commuting distance to Liverpool and Manchester, it was recently named the best city to live in the North West.
“Preston also offers some great value and for less than £125,000 it’s possible to purchase a three-bed property, something that’s hard to find in many parts of the UK.”
Here are 14 homes currently on the market in the city which could be yours for no more than £125,000.