After MNers' positive and insightful recommendations re MistressPloppys house options, may I indulge you one more time to please help me out here?
We are about to buy our first house and due to limited funds, we have 90% settled on this;
www.rightmove.co.uk/property-for-sale/new-homes/property-31870139.html?premiumA=true
It's not a forever home. We are happy to live here for a few years until we are able to afford our dream home. It's a much better alternative to paying rent in excess of 2k a month.
I like it because its new, modern, and we have a blank canvass to decorate. There are young families there, a lovely playground, good schools and beautiful views of the golf course and equestrian center.
However, I am having second thoughts because I have not lived in a "development" before and I am worried about what the area may become 3 or 4 years down the line.
- Is it a good investment?
- Will the value be preserved in years to come?
- Is there a risk of the development becoming like an "estate"?
- Will it be quick to sell, years down the line, if we decide to move or find our forever home?
I would be very grateful if you could kindly offer pros and cons for this house.
Thank you.