Value for Money & London

rufus86

Value for Money & London - does such a thing exist??

BitterAndTwisted

It's all relative. There are many thousands of high-earners who think it does. Like all the French who are coming here in droves to escape their own country's high taxation. In my opinion it does not. Other people are entitled to hold a different view.

monty-doggy

It depends on how much you have to spend. If its less than a couple of million I'd say no. But 'bargains' for want of a word to be had with the many many multi million pound properties for sale.

To the every day person, I'd say a big fat nope!

dominoman

There is a two bed flat for sale in Borough, only 10 mins from the City for under £600k on rightmove. So yes there are bargains out there.

lincroft1710

To misquote The Beatles "Michelle" -

These are words which don't go well together

lincroft1710

dominoman wrote: »

There is a two bed flat for sale in Borough, only 10 mins from the City for under £600k on rightmove. So yes there are bargains out there.

Your idea of a bargain seems different to my idea.

But I do know how ridiculously expensive property in the Capital can be, so it may well be a "priced to sell" opportunity.

Seabee42

I would honestly say it depends what you call London?

I work in mayfair and property here is silly ten minutes away the prices are half and so on. London prices are very variable.

beej71

You can still get value for money in places that are further out but have quick connections into town. You won't get value for money anywhere in zones 1 or 2 because property prices are forever rising exponentially when you have such foreign investment in property.

However, look a bit further out and you will find bargains. Plenty of places out in zone 3-6 with great transport links and they are arguably more pleasant places to live. London suburbs have some of the best restaurants in the country. Look at some where like Surbiton in zone 6, where you can get a 2 bed flat with a garden for less than £240k and it is a 15 minute train to waterloo which is the same as somewhere like Clapham Common which is in zone 2 where the equivalent property would cost you £400k. You just have to research your areas and be smart about it.

I've said it before on here but the best value in London is south east

I_have_spoken

Victoria is relatievely cheap for such a central area and is being redeveloped, just like the Regent Quarter (Kings X) if you'd got in 10 years back.

Francesanne

dominoman wrote: »

There is a two bed flat for sale in Borough, only 10 mins from the City for under £600k on rightmove. So yes there are bargains out there.

They'd have to pay ME to live there.

tortoiseshellcat

Have you considered somewhere within a reasonable commute? Redhill, Surrey is less than half an hour to Victoria or London Bridge. It is also easy to get to the m25 and m23 plus you are close to picturesque villages and countryside yet have the towns (Redhill and Reigate) for bars/restaurants etc.

Prices are much lower than London for example:

http://www.rightmove.co.uk/property-for-sale/property-38887204.html?premiumA=true

http://www.rightmove.co.uk/property-for-sale/property-26805486.html

http://www.rightmove.co.uk/property-for-sale/property-39904466.html?premiumA=true

Also only about 40 mins from the coast