Where to buy in outer London with £200k budget?

abankerbutnotafatcat

£200k would buy a really nice 1 bed or an average 2 bed in Redhill. As well as Redhill itself, check Merstham and Earlswood too as they both have stations on the mainline.

Redhill is currently undergoing a lot of regeneration including a new Waitrose which is due to start being built next to the train station in 2016 so it should be good time to buy in the area.

The service to Victoria is good and you may even get a good deal as from January the morning peak service to London Bridge will be reduced for four years as part of the Thameslink improvement programme so City commuters may be put off buying in the area.

1 bed in a really good area
http://www.rightmove.co.uk/property-for-sale/property-48169691.html?premiumA=true

1 bed next to train station
http://www.rightmove.co.uk/property-for-sale/property-47067542.html

1 bed on upmarket Watercolour development between Redhill & Merstham
http://www.rightmove.co.uk/property-for-sale/property-47162200.html

2 bed in town centre
http://www.rightmove.co.uk/property-for-sale/property-31512828.html?premiumA=true

2 bed in Park 25 development - very popular with commuters
http://www.rightmove.co.uk/property-for-sale/property-44952889.html

caronoel

Have a look at some of the stations on London Overground.

Benefits
Commuting costs would be low - no need for Zone 1 travel costs and its a very pleasant overland journey
Less than 30 minutes commute to Kensington (Olympia) or West Brompton - both of which are a bus ride to most parts of Earls Court

Have a look at Peckham Rye:
http://www.rightmove.co.uk/property-for-sale/find.html?locationIdentifier=STATION^7070&maxPrice=210000&radius=0.5&includeSSTC=true&_includeSSTC=on&googleAnalyticsChannel=buying

or Denmark Hill:
http://www.rightmove.co.uk/property-for-sale/find.html?locationIdentifier=STATION^2714&insId=3&maxPrice=210000&radius=0.5&includeSSTC=true&_includeSSTC=on&googleAnalyticsChannel=buying

or Queens Road Peckham:
http://www.rightmove.co.uk/property-for-sale/find.html?locationIdentifier=STATION^7517&insId=4&maxPrice=210000&radius=0.5&includeSSTC=true&_includeSSTC=on&googleAnalyticsChannel=buying

Pretty much anywhere on the London Overground route is worth investigating, but you will get better value in South London

Most experts are also predicting the Overground route as areas with high price growth potential:
http://www.telegraph.co.uk/property/investmentinproperty/10061734/The-London-Overground-a-fast-track-to-property-profit.html

zizu73

Thanks again for all your feedback!

Croydon I suppose is like other areas, good and bad. It has been 'up & coming' for few years now so not sure what's happening

Will check out High Wycombe, Slough and Redhill.

We have been to Mitcham and do not like it, sorry Andrew.

Will check the London overground route but is it really possible to buy something decent in her price range?

zizu73

pickles13 wrote: »

High Wycombe? Fast train into London Marylebone. My commute from High Wycombe into central London is 30 minutes.

Had a quick look and it looks interesting. How much does a monthly travel card cost to zone 1? Which are the good areas and which areas best to avoid? Thanks!

zizu73

Also, any views on Sutton?

zizu73

abankerbutnotafatcat wrote: »

£200k would buy a really nice 1 bed or an average 2 bed in Redhill. As well as Redhill itself, check Merstham and Earlswood too as they both have stations on the mainline.

Redhill is currently undergoing a lot of regeneration including a new Waitrose which is due to start being built next to the train station in 2016 so it should be good time to buy in the area.

The service to Victoria is good and you may even get a good deal as from January the morning peak service to London Bridge will be reduced for four years as part of the Thameslink improvement programme so City commuters may be put off buying in the area.

1 bed in a really good area
http://www.rightmove.co.uk/property-for-sale/property-48169691.html?premiumA=true

1 bed next to train station
http://www.rightmove.co.uk/property-for-sale/property-47067542.html

1 bed on upmarket Watercolour development between Redhill & Merstham
http://www.rightmove.co.uk/property-for-sale/property-47162200.html

2 bed in town centre
http://www.rightmove.co.uk/property-for-sale/property-31512828.html?premiumA=true

2 bed in Park 25 development - very popular with commuters
http://www.rightmove.co.uk/property-for-sale/property-44952889.html

Thanks! Looks interesting. I sent you a pm.

BlaEm

Whereabouts near Earls Court? My sister used to commute from Littlehaven (Horsham - nice 'Historic Market Town'), changing at Clapham Junction to get to Kensington Olympia.

Saved a fortune on her season ticket (£3.2k versus £4.5k) as she didn't have to go through Zone 1.

http://www.rightmove.co.uk/property-for-sale/find.html?locationIdentifier=STATION%5E4739&maxPrice=200000&minBedrooms=1&radius=0.5&googleAnalyticsChannel=buying

http://www.rightmove.co.uk/property-for-sale/find.html?locationIdentifier=STATION%5E5603&insId=4&maxPrice=200000&minBedrooms=1&radius=0.5&googleAnalyticsChannel=buying

It really depends what she's after - I like Horsham, it's pretty and has enough of a nightlife/restaurant scene to suite your average young professional.

Alternatively there's Three Bridges - slightly rougher around the edges, but Crawley also has a decent town centre, with fast trains to Victoria (or again, change at Clapham..) - bonus being that trains run all night if she were so inclined to enjoy some post-work London night life..

http://www.rightmove.co.uk/property-for-sale/find.html?locationIdentifier=STATION%5E9176&insId=5&maxPrice=200000&minBedrooms=1&radius=0.5&googleAnalyticsChannel=buying

Soundgirlrocks

Croydon is one of the largest boroughs in London, covers a huge area, there are good and bad like any area. Addiscombe is very nice and tram takes you into East Croydon in a few minute trains to Victoria take 12 min. House of Fraser and John Lewis have invested in the town and there are lots of very nice (and pricey!) new builds going up. But tbh for £200K in Croydon you will struggle to get a 2 bed somewhere in one of the nice areas. Woodside is close to Addicombe and is considered an up and coming area. I can personally recommend it (and I'm a single woman living on my own) but I know that not everyone would feel 100% safe, I just accept that as part of living in a big city.

camptownraces

zizu73 wrote: »

Also, any views on Sutton?

Lots of nice places to look at here. Maybe not the St Helier Estate - but South Sutton, Cheam, Carshalton should all be acceptable.

Also, Croydon has plenty of pleasant areas with relative bargains. You won't find them all within easy walking distance of East Croydon station, though.

Go and have a look.

zizu73

BlaEm wrote: »

Whereabouts near Earls Court? My sister used to commute from Littlehaven (Horsham - nice 'Historic Market Town'), changing at Clapham Junction to get to Kensington Olympia.

Saved a fortune on her season ticket (£3.2k versus £4.5k) as she didn't have to go through Zone 1.

http://www.rightmove.co.uk/property-for-sale/find.html?locationIdentifier=STATION%5E4739&maxPrice=200000&minBedrooms=1&radius=0.5&googleAnalyticsChannel=buying

http://www.rightmove.co.uk/property-for-sale/find.html?locationIdentifier=STATION%5E5603&insId=4&maxPrice=200000&minBedrooms=1&radius=0.5&googleAnalyticsChannel=buying

It really depends what she's after - I like Horsham, it's pretty and has enough of a nightlife/restaurant scene to suite your average young professional.

Alternatively there's Three Bridges - slightly rougher around the edges, but Crawley also has a decent town centre, with fast trains to Victoria (or again, change at Clapham..) - bonus being that trains run all night if she were so inclined to enjoy some post-work London night life..

http://www.rightmove.co.uk/property-for-sale/find.html?locationIdentifier=STATION%5E9176&insId=5&maxPrice=200000&minBedrooms=1&radius=0.5&googleAnalyticsChannel=buying

It's close to High St Kensington. Horsham sounds like a good place but it's probably too far out? And the travel costs needs to be taken into consideration as well although good point about avoiding zone 1.