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Your dream property - where would you buy?
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A freestanding house in Bronte, Sydney, overlooking the sea but for £1m you wouldn't even get a studio flat.1
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I’d go for a place in Ceredigion or Carmarthenshire. We holiday in a place called Beulah and absolutely love it. Mind you, I also love the village we live in now (and are staying in when we move) - Cam, near Dursley.1
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I’d buy within easy distance from Budleigh Salterton in Devon.
Not necessarily a sea view but it has the best croquet club in Europe.1 -
I'd buy some land and build myself something overlooking the water. Maybe the Moray Firth (no midges!), or the Trossachs (Sadly midgey, but handier for Glasgow and Edinburgh). There would be a big balcony or roof deck.
To be fair, I do already live in a flat overlooking water (the Forth and Clyde canal) with a massive roof deck. It cost a small fraction of £1M. I keep looking at fixer-uppers in Dunoon and Rothesay...1 -
A few years back we had what I thought at the time was my dream house in my dream location (large, six bed Victorian house in coastal Hampshire with everything we needed in walking distance). We sold it to move somewhere with less upkeep costs and it's now worth at least £900-950k.
But....not only could we not afford to buy it back, but I wouldn't actually consider it my dream property or location now 🙄
Since then we've owned a few *statement* houses that might be considered the dream to some -
The fairytale, detached Tudor house near the sea in Essex that was lovely but the location (rather run down and kiss-me-quick hat!) wasn't.
DH's dream - the three-storey, five bed Georgian thatched house in a Wiltshire AONB...sadly although spacious with 0.3 acre garden it was also on the A30 so very noisy/shaky 🙁
My dream property - the detached Arts & Crafts house (perfect size too: four beds, large garden) in the West Midlands. Close to my favourite NT house and within striking distance of the Shropshire countryside it was also within close proximity to the delightful Wolverhampton. We both detested the location although I confess to missing the house daily.
Our current home - purchased in early 2018 - is in a close-to-perfect location, in rural Carmarthenshire: Towy Valley outskirts, ten minutes drive from the Brecon Beacons, a couple of miles from the boutique shops of Llandeilo and about half an hour's drive from a deserted beach.
The house (a 400 year old detached former mill in grounds that are on the Welsh Register of Historic Parks and Gardens, so no chance of surrounding area getting built on, thankfully!) is gradually inching closer to perfect, although in order to do this we're having to extend, put back the stripped out character and move virtually every wall/repurpose every room, lol! Good thing we're not listed 😮
I doubt - despite the land, the history, the improvements we're making - it will ever be my dream.....DH's, otoh 😉
I think if I was spending £1million I'd buy a small urban bolt hole closer to family in the south east - although not in Brighton where they are, we both hate it there - somewhere with museums, galleries etc. I'd spend the rest on somewhere a little larger/with more internal original features here in Wales (either Carmarthenshire still or maybe Ceredigion) with a bit more land perhaps.....
If we were going to move, DH would like to self-build locally.
Mortgage-free for fourteen years!
Over £40,000 mis-sold PPI reclaimed2 -
I wouldn't move far from my current home in Devon. I'd like to be somewhat closer to shopping and the sea, but those are minor tweaks that will only become more relevant as Greta's backers force us onto push bikes.....and people do push them up the hills here!Second thoughts; I'll keep £25k back for some solar panels and a plug-in runabout.1
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Something like this one: https://www.rightmove.co.uk/properties/92194178
But relax the £1m limit a bit (not crazily for mansions, but it's the South East so a million doesn't go as far as you'd like) and I'd go for something like these:
https://www.rightmove.co.uk/properties/78936738
https://www.rightmove.co.uk/properties/68946945
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I would keep my current home in the Falkirk area and spend the cash! I would like:
* Driving lessons* A car - something sensible with a big boot for the dog* Someone else to do up my garden so I can relax in it after driving my dog to the doggy play area and back!* A really nice holiday with lots of pampering for my in-laws because they have had a tough time of it recently.
If it had to be property then I would want an accessible bungalow. I picture a generous south facing kitchen, with an island to chat around, a walk in pantry, huuuge utility/laundry room and the master en-suite would have a really fancy japanese style soaking tub. The garden would have raised beds and a little greenhouse for growing veg. I would persuade my in-laws to sell their house, move into the bungalow and invest the money so that they have the enough income to retire when they want to and could liquidate the investments to pay for care if needed. It would also be nice if they could gift me a few thousand so I could get driving!1
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