What would £120,000 buy where you live?

(151 Posts)
PullMySocksUp Sun 21-Jun-15 14:43:11

We're planning to buy an investment property this summer and have £120,000 to spend. We've been looking in the area where family live but it's commuter belt and houses are snapped up. Can you inspire me with what this would buy in your area? We live abroad so no ties in terms of area.

Biscetti Sun 21-Jun-15 14:44:27

A garage. That's about it round here.

schmalex Sun 21-Jun-15 14:45:57

Nothing. Maybe a garage.

OhHolyFuck Sun 21-Jun-15 14:46:41

this

ginmakesitallok Sun 21-Jun-15 14:46:54

Something like this www.rightmove.co.uk/property-for-sale/property-34074096.html

GreatJoanUmber Sun 21-Jun-15 14:47:29

You'd get a small 1 bed flat in my area! Clearly I'm living further out than the 2 PPs grin

SmallMustard Sun 21-Jun-15 14:47:35

2 bed flat

Probably in need of modernisation, it's hard to tell as it's very cluttered - both with interesting clutter smile

HeartsTrumpDiamonds Sun 21-Jun-15 14:47:44

Garage.

SmallMustard Sun 21-Jun-15 14:47:51

*but not both

WhatsGoingOnEh Sun 21-Jun-15 14:48:09

A half-share in a flat, or a mobile home. (Berkshire.)

CamelHump Sun 21-Jun-15 14:48:13

Message withdrawn at poster's request.

Lolimax Sun 21-Jun-15 14:48:48

A tidy 3 bedroom terraced or semi in South Wales. Could rent it at £430 to £450 a month easy. With money left over.

HarrietSchulenberg Sun 21-Jun-15 14:49:46

3 bed terrace with garden in immaculate condition in a good Street/road, or a semi with drive in need of a lot of work.
You could afford my house with £10k to spare grin.

FadedRed Sun 21-Jun-15 14:50:45

Depends where you want to live - in the city or small town in the county?
In the city (I live in village suburb) it would buy 2 bed flat in city centre or 2-3 bed terrace or semi in outskirts. In county you could get 3 bed semi in smaller town. None would be in 'best areas' iyswim, but not in 'worst' areas either. I live in the midlands.

goodasitgets Sun 21-Jun-15 14:52:46

Just over but my neighbours house grin
www.rightmove.co.uk/property-for-sale/property-52718849.html

Dansak Sun 21-Jun-15 14:53:19

That would get you a nice two up two down terrace in south Manchester with a small garden. They rent out really easily too.

SantasLittleMonkeyButler Sun 21-Jun-15 14:54:24

We live in a village between an expensive town (the closer town) and a much cheaper town.

In the expensive town £120k would buy you this.

In the cheaper town it would buy you this.

Quite a difference as you can see! In our village specifically this is the cheapest property on the market at the moment.

PullMySocksUp Sun 21-Jun-15 14:54:43

Thanks everyone, very interesting. It's an investment FadedRed so we wouldn't live in it.

MrsNuckyThompson Sun 21-Jun-15 14:55:10

Nothing. There's a one bed nearby for sale at 330k. Crazy.

gamerchick Sun 21-Jun-15 14:55:45

8 bed www.rightmove.co.uk/property-for-sale/property-33155004.html

Lj8893 Sun 21-Jun-15 14:57:25

Nothing except shared ownership properties. Could get a decent 3 bed SO house though.

Milliways Sun 21-Jun-15 14:58:43

A 1 bed rietirement flat is all I could find near here

GemmaTeller Sun 21-Jun-15 14:58:58

very pleasant
www.rightmove.co.uk/property-for-sale/property-50083054.html

VenusRising Sun 21-Jun-15 14:59:15

A parking space.

scarlets Sun 21-Jun-15 14:59:59

Nothing in my part of Wales. However, you could get a small, modern link house in Bridgend (CF31) where the rental market is strong - more tenants than stock, I'm told.

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