£140k for London property

somethingcorporate

kmmr wrote: »

Are you ok with a Studio?

I actually think these flats in Shepherds bush are good value. A bit above your budget, but I think they would be great 'renters' if you needed, and some could take an extra wall to make a small bedroom. I think there are significant service charges in that building to consider though.

http://www.rightmove.co.uk/property-for-sale/property-24336702.html

http://www.rightmove.co.uk/property-for-sale/property-41457113.html

http://www.rightmove.co.uk/property-for-sale/property-41704814.html

As an investor I am contemplating getting one. The yield is good, and the area is always popular.

It genuinely saddens me that such tiny rabbit hutches are deemed suitable for human habitation.

I left the south-east for this very reason.

RevolvingDoor

somethingcorporate wrote: »

It genuinely saddens me that such tiny rabbit hutches are deemed suitable for human habitation.

I left the south-east for this very reason.

It shows I have lived here too long as I was surprised you could get that much for that price.:rotfl:

grifferz

rufus86 wrote: »

Should keep saving for more deposit? Look for a better wage in a new job? Or take a punt on something less than desirable for what I can currently afford?

I don't see how London property is affordable any more for a single person of even modest (above average) salary.

Have you considered buying with a friend, or looking further afield?

Lizling

Collier's Wood? It'd be walkable from the new crossrail station if you don't sell for 10 years or so, too.

http://www.rightmove.co.uk/property-for-sale/property-38640721.html

Mitcham would also be within budget, but I'm not keen on it in general. Sorry to anyone who lives there.

Edit: Oops, just seen I've been beaten to it! That exact property has already been linked.

strawberries1

I'm following this thread cos I want to buy this year but running out of time as I can't decide on where to buy. I'll love to buy in North London but with 40k deposit and low salary not much choice

curedham

It's not impossible to get a studio or 1 bedroom for that range. Have you considered shared ownership?

You probably need to consider East or South East London.

gaz141

Lizling wrote: »

Collier's Wood? It'd be walkable from the new crossrail station if you don't sell for 10 years or so, too.

http://www.rightmove.co.uk/property-for-sale/property-38640721.html

Mitcham would also be within budget, but I'm not keen on it in general. Sorry to anyone who lives there.

Edit: Oops, just seen I've been beaten to it! That exact property has already been linked.

Mitcham has had 4 major housing developments built/being built in the last year or so, Merton Council have finally started to spend money outside of Wimbledon and have secured funding to regenerate Mitcham town centre, so hopefully things might change for the town.

Lizling

gaz141 wrote: »

Mitcham has had 4 major housing developments built/being built in the last year or so, Merton Council have finally started to spend money outside of Wimbledon and have secured funding to regenerate Mitcham town centre, so hopefully things might change for the town.

I hope it goes well, but I don't think £3million will go far when the town centre seems to be built on an M25 junction and the main addition to the infrastructure is a giant new incinerator. A real shame and I hope I'm wrong.

rufus86

Strapped wrote: »

http://www.rightmove.co.uk/property-for-sale/property-38640721.html

AHHH yes MITCHAM! An area of London you couldn't pay me to live in! I actually booked a viewing for this property and then cancelled it due to the postcode!

rufus86

Lizling wrote: »

Collier's Wood? It'd be walkable from the new crossrail station if you don't sell for 10 years or so, too.

http://www.rightmove.co.uk/property-for-sale/property-38640721.html

Mitcham would also be within budget, but I'm not keen on it in general. Sorry to anyone who lives there.

Edit: Oops, just seen I've been beaten to it! That exact property has already been linked.

Yes, the postcode put me off! Its more Mitcham than Colliers Wood.