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One bed flats

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  • datlex
    datlex Posts: 2,252 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Really OP at the end of the day it is you that has to live in the property. It is you that has to keep pay for the lease after you have finished paying off the mortgage on the property.

    Don't buy a property because it is cheap compared to other properties if you would be uncomfortable/ cramped living there. A second bedroom gives you options- (it doesn't have to be used as a spare bedroom, it could just give you more space). If you could see yourself living in a one bedroom longer term then go for it.

    Personally I would not buy a leasehold to live in. But that is just me. Prices up here meant I could buy a two bed freehold property. Whether if I every have the money I would consider one to rent out is a different matter.
    Paid off the last of my unsecured debts in 2016. Then saved up and bought a property. Current aim is to pay off my mortgage as early as possible. Currently over paying every month. Mortgage due to be paid off in 2036 hoping to get it paid off much earlier. Set up my own bespoke spreadsheet to manage my money.
  • FTBAngst
    FTBAngst Posts: 130 Forumite
    edited 23 March 2019 at 1:20AM
    Thanks everyone. I think the best decision would be to sit it out and wait.

    Also I meant 3-4 per month! 3-4 per day would be amazing

    There are a lot of new builds going up but I don’t want to buy a new build
  • James530
    James530 Posts: 9 Forumite
    edited 10 February 2019 at 8:55PM
    hi there

    I did a bit of research on a few websites and lots of areas in Lancashire average price for most areas are 109,385
    seems like one of the cheapest on the market (these days) compared to other places
    Hope this helps
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