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One debt remaining. Home improvement loan.2 -
Thanks NG and you are right. If they've been on the market a while it could mean they are open to offers and we might get a bargain! xnewgirly said:Happy new diary Jessy 😊 you have wasted no time in starting to save for the move! I’d keep on rightmove if I were you, at least you will be able to track the market and know which properties have stuck for a while or what’s selling quickly, it could help when you are ready? Have a great weekend 🙂Starting Mortgage Balance (June 2019) £72,000. Mortgage Free November 2025!2 -
Thanks SC xSouth_coast said:Have a great weekend, Jessy 😀Starting Mortgage Balance (June 2019) £72,000. Mortgage Free November 2025!2 -
OK, let's have a little fun, I'm interested to know what you lot think. Looking at rightmove and here are some options:
Option 1: £190,000 2 bed bungalow, living room, kitchen, but also a utility with a WC, a study and a conservatory. Has a nice sized front and back garden with a long drive and car port, on a quiet cul de sac. However, does require a lot of work, we're talking new boiler, kitchen and bathroom and that's just from looking at the photos, could be more. I do really like this one, the location is lovely and although it only has 2 bedrooms (I would really like 3) it has the extra rooms of a utility, study and conservatory. The extra WC is also a plus.
Option 2: £199,950 3 bedroom bungalow. Nice large front garden, but smaller back garden. Does have a separate garage and long drive to go with the large front garden. Needs some work but more cosmetic, although the bathroom is original 70s peachy colour, so I'd probably replace that 🤣 Not on a cul de sac but it's not a busy road. Its the country road way to the next village, so mainly used by farmers. I like this one but it's more on the outer edge of the village, so would need to purchase a bicycle!
Option 3: £200,000 3 bedroom bungalow. Only cosmetic work needed. Has nice size front and back gardens. A small drive which would fit two vehicles and a granny annexe/cabin in the back garden. Diagonal to work besties house (we could literally stand in each others front gardens and wave bottles of wine to attract each others attention 🤣) Has been on the market a long time, really not sure why, but could be because it is on the corner of two roads, so can get traffic through to nearby cul de sacs, also near the primary school, so a lot of parked cars at drop off and pick up times (do kids not walk to school anymore?!) I really really like this one, but I'm dubious why it has been on the market so long.
Option 4: £264,950 3 bedroom house. Now this is probably my dream house! Huge front garden with drive and a joined on garage to the house (could be converted to a bedroom when we're old?). Huge back garden, it even has chickens in the photos!! I'm not sure they come with the house, but it's the dream! All three bedrooms are a nice size, downstairs toilet, utility, conservatory. It ŕeally is beautiful and probably won't be on the market for long, but a girl can dream. We can afford it but we didn't want to spend that much because obviously it would be more of a monthly payment.
Anyway, what would you lot go for? (It is unlikely that any of these will still be available when we come to move, but it's a bit of fun 😀)Starting Mortgage Balance (June 2019) £72,000. Mortgage Free November 2025!6 -
Hi Jessy, I would steer clear of the primary school house, the doer upper could be good if you are up for it plus you can put your own stamp on it, it really depends if you don't mind living in a SXXt tip for quite some time before the work is completed. But it has the potential to earn you money if you decided to move. MD would choose this too if she was fit and healthy that is how she is well established in her senior years. I love the quiet cul de sac and everything about, just needs TLC, which you could do on a budget are either of you into DIY?3
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The waving wine bottles made me laugh. My grandma lived opposite her friend Maisie and they used to put a teacup in the window when they were inviting the other over for a cuppa. Yes steer clear of schools and no, kids don’t seem to walk the 100 yards between their house and school; they insist on being chauffeured in a 4x4 🤬. What a few bungalows round here have done ( and there are quite a lot) is raise the roof and walls by 1/2 a story and put a second floor into the roof space. A friend who lives on the moors lives upstairs for the views and has bedrooms downstairs. Some others have built large kitchen/family rooms on the back with lovely roof lights in and bifold doors. Personally I’d always go with bigger back garden than front, especially with dogs.SPC #023 SPC 12: £125.86[/COLOUR]:SPC 13: £214.98: SPC 14: £297.41 SPC 15: £237.27 SPC 16 £335.39; SPC 17 £662.09 SPC 18 £660.03[ SPC 19 ?COLOR="DeepSkyBlue"]MFW #21 Mortgage start Dec 2015 £79,950; Nov 2025 £17,100[/COLOR] 2025 OP £2568/COLOR]/£2,000 MFiT T6 #3 £19070/£25,500 (72.82%%) MFiT T7 #3 £4880/£21,930 (22.25%)3
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It would be option 1 for me. May be able to get a reduction in the price and you can do it up when you have the funds available. I have something very similar.
Like others I would steer clear of the near a school property.£60,000 left to pay
Currently 12.4 years left
Target June 20313 -
Is option 1 liveable in while you do the renovations? If so I think that would be my choice as it has the decent back garden and drive. Front garden not so important as back. Could the study be used as a small 3rd bedroom?Me, DD1 20, DS 18, DD2 15, Debt Free 04/18, Single Mum since 11/193
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I'd love to live opposite a friend! I did once before and it was amazing we were always round each others houses 😆.
How much would your bungalow be worth? It might be worth getting a valuation first (or do you have one and I missed it) so you can see how much of a stretch it would be to the dream house!Emergency Fund- £717.772
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