Originally posted by sasguru
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Reply to: Buying a house in/around London
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Previously on "Buying a house in/around London"
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To the OP: look for properties that will be on the East London line tube extension.
I was looking at Forest Hill last year for a BTL, in the event I decided on a more established area and one I was familar with. But I liked the cut of its jib.
You won't get a house for your budget though, something like this:
2 bedroom maisonette for sale in Colfe Road, Forest Hill, SE23, SE23
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Originally posted by redgiant View PostThat's only because they have the district line out to Wimbledon ... very slow Trains are not that frequent especially so at the weekend.
I would always pick a location in London to live that has at least two public transport routes to/from central. I have the overground, jubilee line, DLR and river to choose from when getting around town from where I live in London (SE16).
replacement bus service anyone
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Originally posted by d000hg View PostWhen we were looking (briefly) at moving to London, people living there (including on CUK) advised us not to base it on the tube alone; you can get into the centre far faster from further out by train. A friend in Wimbledon reckoned the train was WAY better than the tube.
I would always pick a location in London to live that has at least two public transport routes to/from central. I have the overground, jubilee line, DLR and river to choose from when getting around town from where I live in London (SE16).
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When we were looking (briefly) at moving to London, people living there (including on CUK) advised us not to base it on the tube alone; you can get into the centre far faster from further out by train. A friend in Wimbledon reckoned the train was WAY better than the tube.
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Originally posted by SandyD View PostYes you can. Go to zone 3 or 4.
North London is good, good schools, houses are always wanted and on the underground or overground, and most importantly you can get a 2 bed in that budget. Best to go to the area walk around spend a Sat/Sunday there e.g. go to the local pubs drive around the streets and just get the feel of it...
South London around Bromley I is OK too (but officially its not really London, and on the main train, but its fast to get to the centre like in 20 minutes), life there is good and family place, but doesn't have that village feeling you get in north London little towns.
Originally posted by wikramasingha View PostI had been looking at Thaamesmead as it seems reasonably well priced with respect to typical purchase price and commutabiluty.
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My future in the capital is uncertain as I may be required to relocate so I am holding fire at the moment but I still may consider possibility of thisfor investment purpose.
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Originally posted by wikramasingha View PostI had been looking at Thaamesmead as it seems reasonably well priced with respect to typical purchase price and commutabiluty.
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My future in the capital is uncertain as I may be required to relocate so I am holding fire at the moment but I still may consider possibility of thisfor investment purpose.
HTH
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For 275K one could get a nice farmhouse in the Yorkshire dales.... sigh...
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Originally posted by wikramasingha View PostI had been looking at Thaamesmead as it seems reasonably well priced with respect to typical purchase price and commutabiluty.
.
My future in the capital is uncertain as I may be required to relocate so I am holding fire at the moment but I still may consider possibility of thisfor investment purpose.
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I had been looking at Thaamesmead as it seems reasonably well priced with respect to typical purchase price and commutabiluty.
.
My future in the capital is uncertain as I may be required to relocate so I am holding fire at the moment but I still may consider possibility of thisfor investment purpose.
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Not sure what you mean by won't get stabbed?
No area is guaranteed, you can only check previous history, bit like share prices, previous performance is no guarantee of future returns.
I live in Tottenham, and although I have been burgled once, I really enjoy living there. Not everyone's cup of tea but it suited me and the family fine for 3+ years.
You should be able to find a place in your price range there. Tottenham Hale direct to Stansted and Victoria Line, Turnpike Lane direct to Heathrow and Picadilly line, Central London in 20-30 mins.
Bought a 4 bed victorian house with garden, 2 lounges, garage and large separate office room there for the same price as a 3 bed basement hole in Finsbury Park.Last edited by Scrag Meister; 4 February 2013, 12:08.
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Originally posted by Kanye View PostAre there any pockets of value to buy a house around London at all?
I'm looking for:
Old house with a bit of character.
An area where I won't get stabbed.
On a tube line. Don't mind if it's right at the end.
A 2 bed terrace would suit me fine.
Budget is around 275k. I could get a decent flat for this but it doesnt seem to stretch to even a small house.
North London is good, good schools, houses are always wanted and on the underground or overground, and most importantly you can get a 2 bed in that budget. Best to go to the area walk around spend a Sat/Sunday there e.g. go to the local pubs drive around the streets and just get the feel of it...
South London around Bromley I is OK too (but officially its not really London, and on the main train, but its fast to get to the centre like in 20 minutes), life there is good and family place, but doesn't have that village feeling you get in north London little towns.
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Buying a house in/around London
Are there any pockets of value to buy a house around London at all?
I'm looking for:
Old house with a bit of character.
An area where I won't get stabbed.
On a tube line. Don't mind if it's right at the end.
A 2 bed terrace would suit me fine.
Budget is around 275k. I could get a decent flat for this but it doesnt seem to stretch to even a small house.Tags: None
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