PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Larger/nicer and cheaper house in a "bad" town, or smaller and more expensive in good town

Right now I'm trying to choose between an enormous and cheap house but it's in what is considered one of the worst towns of the UK (although a nicer part of it I believe, but still a short drive from some of the most deprived parts of the country).

Or a much smaller house in a nice town which is much more expensive and needs some work. Other houses on the same street have sold for a lot more, so it has huge potential.

I've changed my mind so many times in the last day, I feel like I'll regret whatever I choose.
«13

Comments

  • Location is everything, I'd go for the smaller house. When I first met my husband we lived in one of the worst towns and one day we got in the car to go to work and it wouldn't start - someone had nicked the car battery and very nicely, locked the car for us again.
    £216 saved 24 October 2014
  • MysteryMe
    MysteryMe Posts: 3,414 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Might help if the locations were shared as things are rarely black and white. 
  • Flugelhorn
    Flugelhorn Posts: 7,254 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    location, location, location
  • zzzt
    zzzt Posts: 407 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    MysteryMe said:
    Might help if the locations were shared as things are rarely black and white. 

    The bad location is Burnley. But in a nicer part of it... your money goes so much further. I basically found my dream home. Really close to nice countryside as well.
  • yksi
    yksi Posts: 1,025 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    What if I said there's more than two houses for sale in the country?

    You're having reservations about both so maybe neither is the right one and you should wait for something that lands in the middle, size and location wise.
  • cymruchris
    cymruchris Posts: 5,558 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic
    Having lived in a 'worse area' to get a better place - I'd now choose living in the better area and getting a smaller place. 
  • hazyjo
    hazyjo Posts: 15,475 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Location! I've never even contemplated a bad location to get a bigger property. Always bought what I can afford in the area I want to be in. Would rather an ugly house in a nice location if it came to that.
    2024 wins: *must start comping again!*
  • JReacher1
    JReacher1 Posts: 4,661 Forumite
    Part of the Furniture 1,000 Posts Name Dropper I've been Money Tipped!
    Burnley isn’t that bad! I know people who live there and it’s like all northern towns. Some bits are ok and some bits aren’t. 
  • flashg67
    flashg67 Posts: 4,120 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    zzzt said:
    MysteryMe said:
    Might help if the locations were shared as things are rarely black and white. 


    The bad location is Burnley. But in a nicer part of it... your money goes so much further. I basically found my dream home. Really close to nice countryside as well.
    I live nr Burnley... Lived in the rough parts when it was all I could afford but couldn't wait to get out. Location trumps the property pretty much every time for me. 

  • Location x100””
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.5K Banking & Borrowing
  • 252.9K Reduce Debt & Boost Income
  • 453.3K Spending & Discounts
  • 243.5K Work, Benefits & Business
  • 598.2K Mortgages, Homes & Bills
  • 176.7K Life & Family
  • 256.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.