Where can you buy a flat for £150,000 in London

pimento

The White City Estate is very edgy. I wouldn't live there and I'm a Londoner.

BitterAndTwisted

For "edgy" read dangerous. There are some areas in North and North-East London which might be called "edgy" which aren't positively dangerous. Where I live in N17 is one of them, except when the locals are rioting, that is!

robatwork

That was my point about a view of the 'scrubs - not too far to go!

toadyfrog

What about Ealing nice park close by too.

http://www.rightmove.co.uk/property-for-sale/property-33745100.html

cattie

And when flats do sound quite cheap or very reasonable, remember to ask about the lease length, only often you won't find any mention of this in the ea's blurb and they won't volunteer the info that the price is keen because of a shorter lease that is going to need extra money in the near future to extend.

Also, if a flat has a remaining lease length of 60yrs or under, most lenders will not grant a mortgage on such a property.

Zorz_2

toadyfrog wrote: »

What about Ealing nice park close by too.

http://www.rightmove.co.uk/property-for-sale/property-33745100.html

This one faces Western Avenue, ie traffic noise 24/7... There are some really nice homes nearby on Hanger Hill (completely out of the OP's budget of course), but I wouldn't buy this.

katejo

littlesaint wrote: »

Yes, the flats in Waltham Forest are well worth a look and Lloyd Park is particularly nice - these Warner flats are very desirable. We're buying a house just on the other side of the park.

This looks a nice flat but one thing I would say about the description is the walking time to the tube is a bit optimistic. It may be 10 - 15 minutes for the properties just off Forest Road (11 mins from half way down Badlis Road for example) but this one will be at least 17 minutes walk at a moderate quick place and maybe more.

There will be other properties in this area within your reach. We looked at a nice 2-bed first floor flat with garden needing some work in one of the streets off Forest Road for £150K, but agent reckoned they would take less for short lease...

This was just meant as a sample to show that Waltham Forest was worth considering. I didn't look into the individal details of this particular flat. It depends what you mean by a short lease. after my leasehold experience, I wouldn't consider one which was cheaper because of a short lease. i would go for one with a decent lease (over 85-90 years) which needed improvements.

namecheck

Rightmove has several flats around £150k in Clapton E5 (East London). Some parts of it are quite nice (Upper Clapton generally more so), it is near pricier Stoke Newington and quick to get into the City on the main line.

It does not have an entirely wonderful reputation, and whenever I have seen the local paper it is usually full of the latest murder/s.

However, I know people living there who have not had trouble. Of course, you need to be streetwise, and take extra care at night, but that applies to almost everywhere these days.

There is a lovely park (Springfield) with a nice cafe and there are river walks etc. Also quick to get to "nicer" areas such as Islington.

toadyfrog

Zorz wrote: »

This one faces Western Avenue, ie traffic noise 24/7... There are some really nice homes nearby on Hanger Hill (completely out of the OP's budget of course), but I wouldn't buy this.

Thats when the traffic actually moves

angeltreats

I lived in Upper Clapton for about four years, right beside the River Lea. I loved it, never saw any trouble whatsoever, and would happily go back there tomorrow. Plus it's only 10 minutes on the train to Liverpool Street. The prices have shot up lately though. Lower Clapton is cheaper, but definitely rougher.

This is a bit out of your budget (although you could probably knock a bit off) but is near Clapton Park and lots of buses, and if it's the block I'm thinking of there's a really nice Turkish grocers downstairs.

http://www.rightmove.co.uk/property-for-sale/property-31722061.html

And still in Upper Clapton, this is the development I used to live in (I believe they're all privately-owned). It's right beside the river and is a really nice area to live. Flats aren't huge but I've seen much smaller, and at least the living room has easily got space for a dining table and chairs and there's somewhere to keep your hoover

http://www.rightmove.co.uk/property-for-sale/property-33220393.html