What sort of basement hovel will a first time buyer spend £300k on near you?

Was a bit dumbfounded by the latest stamp duty wheeze from Red Ed.

http://www.rightmove.co.uk/property-for-sale/property-29629068.html
Constituency: Doncaster North. MP: Miliband, E.

Where I live, £300k would probably buy you the entire block of terraces.

A bit over, but we ride passed this on night rides fairly regularly and I like the look of it.
http://www.rightmove.co.uk/property-for-sale/property-45527960.html?

^ those houses, quite a bit better than a 2 bedroom flat in that London.

A ground floor two bedroom ex local authority maisonette. (this is the pick of the bunch)

A pokey 2 bedroom flat.

Or a really pokey 3 bed late 80’s early 90’s end of terrace that looks absolutely trashed and needs a good seeing to, preferably with a 5 litre can of petrol and box of swan vesta

Typically 3 or 4 bed detached or 4 bed semi, depending on the condition and which road/estate it’s on.

MLC’s house would be 500k+ around here.

Constituency: North Somerset. MP: Dr Liam Fox (Conservative)

In places I’ve lived about 5-6 terraced houses or a couple of ex council houses or a nice place in the country. Yet another good plan to keep the housing bubble going…

Only options close to that near me in Surrey village:

Retirement only 2 bed terrace house – £274.5k

Two bed maisonnette – £263k

One bed flat – £210k

This?

A 2 bed flat with alocated parking*.

*someone will nick your space to go into the shop downstairs, you’ll take the next one and NCP will give you a ticket for parking on your own land.

Recieved a flyer from the conservative candidate extoling their triumph over blocking the building of several hundred/thousand new hosues in the area, self serving, ladder pulling up after them, overweight chubby f***tard.

This is similar to the **** hole we currently rent http://www.zoopla.co.uk/for-sale/details/36655606?search_identifier=854f47d1248257186275213a979efaf1#jRcfXoZ60eJ8ELGY.97

however new builds in a similar style opposite are up for the best part of £250k owing to being on a London line.

This is actually a lot of house for the money down here http://www.zoopla.co.uk/for-sale/details/36655847?search_identifier=854f47d1248257186275213a979efaf1#gcaWv3IhwBVSCmql.97

normally they are depressingly expensive.

For the record back home I could buy most of Cannock Chase for the money. Things we do for love eh?

This is our next door Neighbour.

http://www.rightmove.co.uk/property-for-sale/property-50245853.html

A bit under at £275k

*checks what bikes Teetosugars rides* 😉

£300k would probebly buy two thirds of Longbridge, Brum. 😀

5 bed detached here… Not sure if I get the glass kitchen / conservatory but I’d happily give it a go 🙂

http://www.rightmove.co.uk/property-for-sale/property-46440817.html?premiumA=true

£300K of prime Hampshire property

I don’t think you could buy anything in our village for that, so this is close. It’s OK I suppose, but not a patch on the OP.

It will buy you a LOT in Prudhoe, it will not buy you a lot in Wylam – mostly because no bugger’s selling.

edit: this could be nice though: http://www.zoopla.co.uk/for-sale/details/36282156?search_identifier=f9c931fbea7f15e4c64b1d0ceab5e255#AAmB3hojdSb1C7YY.97

Why are you dumbfounded OP?
It helps a lot of people to upgrade their home.
Bought for say £80k in the early 90’s, need to move, their house now worth circa £250k and want to buy a £290k pad as the family home is now too big as the kids are gone and just want a more manageable pad.
This means they wouldn’t get stung, allowing them to move and allow a growing family to move into their own place. And so the housing ladder goes on.
It can only be a good thing no?
Edit ignore that as I ignored the first time buyer bit.

A horrible modern attempt to look like a cottage on a new estate in a shitty location.
http://www.rightmove.co.uk/new-homes-for-sale/property-33455658.html?premiumA=true

a rather sad 2-bed maisonette for £275k..

link to rightmove

Not a great location either…

In Farnborough Village itself (where we are) there is nothing other than retirement flats under £300k.
There is a 4-Bed detached bungalow a few doors up from us, on the market for over £600k.

Here’s a right hovel near us, slight work needed 🙂

http://www.rightmove.co.uk/property-for-sale/property-37483216.html

But more representative:

http://www.rightmove.co.uk/property-for-sale/property-49595746.html

Teetosugars » This is our next door Neighbour.

Nice period house. Would go for about £1.5m if it was in Cambridge.

http://www.rightmove.co.uk/property-for-sale/property-51869447.html

Nice 3 bed Semi that’s had an attic conversion making it a 4, with a garage which would be nice.

I understand the plan only extends to first time buyers – of which I am one, or will be next year.

Left it late in life I suppose, being 37, but with a wife and 2 kids I really should buy sometime now and with the average “2 beds and a box room” near me needing £200k to £220k to buy stamp duty is a bill I could do without – what with the £11k deposit and the grand a month they’ll want us to pay for it.

What ever happened to the house price readjustment they promised eh?

A 240 sq ft flat or a garage, only two items on Rightmove.

Blimey! The Architect certainly put the hours into that one, didn’t he Dezzy 😆

What ever happened to the house price readjustment they promised eh?

Have you not noticed the government ploughing billions, through various dodgy ruses, into ensuring that it doesn’t happen? Well….. not just yet….

Do “First Time Buyers” actually spend anywhere near GBP300k in Doncaster North?

I’m very sceptical they do anything of the sort. Most first time buyers buy a fairly cheap house where they live. Unless we think SDLT should be charged differently in different counties, (a massive PITA), an arbitrary threshold is inevitable.

By exactly the same token, you currently always pay SDLT on a modest flat in London, you don’t necessarily in County Durham.

lemonysam – Member
It will buy you a LOT in Prudhoe, it will not buy you a lot in Wylam – mostly because no bugger’s selling.

edit: this could be nice though: http://www.zoopla.co.uk/for-sale/details/36282156?search_identifier=f9c931fbea7f15e4c64b1d0ceab5e255#AAmB3hojdSb1C7YY.97

Problem with that house is it faces onto the main road, and a lot of the new people in that terrace have started to park on it, as well as on Wheatfield Close behind it.

2-3 bed terrace cardboard box with no parking and a 4x4m garden.
Or a 2-3 bed new build flat with one parking space, no garden and paper mache walls.

Blimey! The Architect certainly put the hours into that one, didn’t he Dezzy

I quite like that !

it will buy you a lot in Prudhoe

I remember when it would have bought you a whole street in Chopwell!

The old brewery at Wark is pretty quirky for that price

http://www.rightmove.co.uk/property-for-sale/property-44189623.html

And I’m in love with this bargain in Stonehaugh

http://www.rightmove.co.uk/property-for-sale/property-32051031.html

Well, I wasn’t a first-time buyer, but the wife was:

http://www.rightmove.co.uk/house-prices/detailMatching.html/svr/2711;jsessionid=DCC9A25CA9DBE3F519BFCAD266665F8E?prop=44693896&sale=52282883&country=england

I quite like that !

I’m sure you could build one without too much difficulty…..

😉

In Wimbledon…..maybe a 40sqm 1 bed in a undesirable location.

£300k in Darlington will get you Duncan Bannatyne’s former headquarters: http://www.rightmove.co.uk/commercial-property-for-sale/property-32969412.html

A big four bed detached house on the ‘right’ side of town, or a 6 bed period property on the ‘wrong’ side of town (5 minutes walk from my house.)

ericemel – Member
In Wimbledon…..maybe a 40sqm 1 bed in a undesirable location.

Hardly that undesirable then

In rural France you could get something really quite impressive, makes me think if you’ve got enough equity in a nice UK house just cash it in, buy a nice place in France and live off the difference.

http://www.green-acres.com/en/properties/1825a-30988.htm

3 bed semi with a garage if you’re lucky. If new build, then a crappy little plasterboard house with a postage stamp garden.

Had a sale fall through at the last minute 2 years ago, prices for this type of house have gone up around £30k in that time.

People have been going on about a realignment of house prices for 10 years now. Saying it again won’t make it happen.

Saying it again won’t make it happen.

Knocking the stamp duty off won’t help either

prices will just go up to compensate. the gap that used to exist between about 250k and 270k. guess where all the 250k houses are being sold at now.

That should get you a 3 bed semi near me