Deciding between 3 bed or 2 bed impact on bills.

F37A

Trynsave2 said:

No-one should advocate you buying for more than you can comfortably afford. However, it doesn't usually get any easier with a second or often third purchase, the numbers are just bigger. You also have more stress as trying to coordinate a purchase with a sale, higher conveyancing fees, stamp and Estate agent costs to contend with. Therefore whilst more expensive in the short term, if your affordable pain means you can stay longer, it may well be cheaper in the long run. You may even be able to source a longer fix as rates are super cheap.

Only you know your budget so don't be swayed if your gut is telling you what to do. However, if the area isn't tenant friendly, how sure are you that future purchasers of your property will be attracted?

Yeah good points. The lack of tenant / lodger friendly aspect is an important one as that is good money needed to offset transport costs. The property would be attractive to investors and familisies upsizing though investor attraction limited due to weaker rental potential. 

Definitely it's sort of property I could end up living in for 10 years so point on savings from not having to move is well made.

zagubov

Moving is regarded as being comparable with bereavement so the fewer times you have to do it, the better. The three-bed house will sort of future-proof you.

As others say, you'll find a use for the smaller room, as an occasional guest room, study, home office, whatever. If you start family life it's a nursery for a second child.

Murphybear

We have a small third bedroom.  It’s known in our house as the “junk room”, the “cat’s room” or the “book room”.  It is also used for germinating seeds on the sunny windowsill.  

Having a small spare room will always be useful.