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Where in SE to buy for £190,000

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tortoiseshellcat
tortoiseshellcat Posts: 274 Forumite
in House buying, renting & selling
My son has been saving as he wants to buy his first property, he has seen a a mortgage adviser and has been told that with his deposit he can afford £190,000. The thing is I know where we live in Surrey he isn't really going to get anything for that. He is a bit flexible as his work is not based In one particular place so is kind of looking for somewhere within reasonable distance of the M25 (probably junctions 4/5/6/7/8/9.) he Is prepared to travel out away from the motorway.
He's looking for a 1 or 2 bedroomed house or flat but not in a horrible area. I just wondered is this a realistic amount for a property in this kind of area. Are there any nice areas where he will be able to afford to buy?
Thanks in advance that someone might have some useful suggestions.
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  • juniordoc
    juniordoc Posts: 366 Forumite
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    Buying is probably out of reach for him right now but could be possible in 9-12 months of serious saving.
    He should consider a houseshare/minimising rent costs during this time, and make sure he has a help to buy ISA
  • always_sunny
    always_sunny Posts: 8,314 Forumite
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    tortoiseshellcat wrote: »
    My son has been saving as he wants to buy his first property, he has seen a a mortgage adviser and has been told that with his deposit he can afford £190,000. The thing is I know where we live in Surrey he isn't really going to get anything for that. He is a bit flexible as his work is not based In one particular place so is kind of looking for somewhere within reasonable distance of the M25 (probably junctions 4/5/6/7/8/9.) he Is prepared to travel out away from the motorway.
    He's looking for a 1 or 2 bedroomed house or flat but not in a horrible area. I just wondered is this a realistic amount for a property in this kind of area. Are there any nice areas where he will be able to afford to buy?
    Thanks in advance that someone might have some useful suggestions.

    In London boroughs, for £190k he may get a garage.
    If he only needs access to the M25, maybe Kent past Dartford or Essex?
    EU expat working in London
  • csgohan4
    csgohan4 Posts: 10,597 Forumite
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    Ashford in Kent is nice to live, 40 mins to London St Pancras Fast train
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"

    G_M/ Bowlhead99 RIP
  • tortoiseshellcat
    tortoiseshellcat Posts: 274 Forumite
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    always_sunny wrote: »
    In London boroughs, for £190k he may get a garage.
    If he only needs access to the M25, maybe Kent past Dartford or Essex?
    Thanks he doesn't want London, thinking more parts of Kent really Just wondered which places are nice?
  • tortoiseshellcat
    tortoiseshellcat Posts: 274 Forumite
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    juniordoc wrote: »
    Buying is probably out of reach for him right now but could be possible in 9-12 months of serious saving.
    He should consider a houseshare/minimising rent costs during this time, and make sure he has a help to buy ISA

    Thanks he's still living at home ATM can't get much cheaper than that!
  • Browntoa
    Browntoa Posts: 49,313 Forumite
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    Parts of gillingham are within that price range
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  • csgohan4
    csgohan4 Posts: 10,597 Forumite
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    Browntoa wrote: »
    Parts of gillingham are within that price range



    Also parts of Gillingham also not nice, perhaps cheap for a reason? Avoid Medway
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"

    G_M/ Bowlhead99 RIP
  • phill99
    phill99 Posts: 9,093 Forumite
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    North Kent coast around Erith, Dartford along to Medway towns. Then the Opposite banks of the Thames. Rainham in Essex Through to Thurrock.
    Eat vegetables and fear no creditors, rather than eat duck and hide.
  • Browntoa
    Browntoa Posts: 49,313 Forumite
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    csgohan4 wrote: »
    Also parts of Gillingham also not nice, perhaps cheap for a reason? Avoid Medway

    Top end of gillingham near the A2 are ok , bottom end near the river not so

    Poets Corner area is cheap and still ok
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  • Browntoa
    Browntoa Posts: 49,313 Forumite
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    St Mary's island Chatham

    Nice area

    http://www.rightmove.co.uk/property-for-sale/property-47570013.html

    £190,000
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