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talk me out of this...
The OH and I own a house very close to the OH's job. To me, it is either 2 hours each way commute by car (we don't currently own one) or 3 hours each way by public transport, door-to-door. I am fed up sleeping in other peoples houses and paying someone else mortgage. Financially, we can afford a second home. There is a property on the market that I spot about a year ago. It was taken off back in May (don't recall the details) and now it is back to the market again. Here are the main drawbacks that I can see. We would need a mortgage, but it will be less than the cost of renting.
1. It is a freehold flat, occupying the first floor of a grade 2 listed detached house. I am guessing the freeholder is actually the freeholder for the entire building, and the ground flat is leasehold. But this is easily checked. EPC C. Based on zoopla, someone bought the house about 20 years ago and then split it into two flats.
2. There is no parking and there is no garden, the vehicle access is rather limited (pedestrian area in the town centre, on the corner of a road). To us this is not a problem - we really don't need a second garden to look after and since we don't own a car, we can do without parking. The train station is 15 minutes walk away. It would take a little over an hour to get to London.
My main question is, what I should be on lookout for, if we go for it? I am guessing there is likely an issue with the property itself...
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