Active discussions

Please or to access all these features

Talk
AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

Original poster

How far from London do I need to go to buy a flat for £160k

135 replies

Lillibetthecat · 07/05/2025 14:46

Forgive me, just posting here for traffic.

Have a flat in London that's being currently rented. Tenant stopped paying, has wrecked it in the process too and I'm taking him to court next week. However I'm fed up with the stress of it all, whilst I'm paying my mortgage on the flat and bills.

So, after the tenant is evicted, I'm thinking of selling it and buying a property somewhere mortgage free, if I can. The equity would be about £160, possibly 5-10k more. How far do I need to go away from London to buy something for this price? I think I'd have to go further North rather than South? Somewhere that is well connected to London, would that be too much to ask?

OP posts:
Thread gallery
8
Original poster
Lillibetthecat · 07/05/2025 14:57

xmasdealhunter · 07/05/2025 14:56

Would it be to rent out, or to live in? Milton Keynes would be worth a look, there are some on rightmove for that price or less. Or if you're happy to go further afield, have a look at Gloucester, Leeds and Durham.

I'm thinking a holiday house/flat initially. Potentially renting in the future.

OP posts:
Original poster
Lillibetthecat · 07/05/2025 14:56

AnotherSadness · 07/05/2025 14:53

You have not said how many beds you need or what your commuting, transport requirements are? Do you need a garden? It is very hard to find somewhere without some more specifications.

I would say anything. Flat, house, just want to know how much can I buy for £160k amd how far from London.

Sorry I should have given more details. Initially I was thinking a 1 bed flat but now I can see you can buy a 3 bed house not far from Coventry.

OP posts:
xmasdealhunter · 07/05/2025 14:56

Would it be to rent out, or to live in? Milton Keynes would be worth a look, there are some on rightmove for that price or less. Or if you're happy to go further afield, have a look at Gloucester, Leeds and Durham.

Clarinet1 · 07/05/2025 14:54

You don’t really give us much to go on - how big does the property need to be, for instance? Would you be commuting into London daily? A couple of times a week for hybrid working? Just coming in occasionally for entertainment and shopping? By rail or driving?

Edited to say I see I’ve cross posted with similar points

AnotherSadness · 07/05/2025 14:54

And are you happy with ex-local authority for example?

Original poster
Lillibetthecat · 07/05/2025 14:54

HairsprayBabe · 07/05/2025 14:53

I live in Warwickshire and we bought a whole 3 bed house for £140k
Houses round here regularly still go for similar amounts
Train to London Euston is about an hour from mainline in Coventry.

That's amazing! Thank you for your reply x

OP posts:
AnotherSadness · 07/05/2025 14:53

You have not said how many beds you need or what your commuting, transport requirements are? Do you need a garden? It is very hard to find somewhere without some more specifications.

HairsprayBabe · 07/05/2025 14:53

I live in Warwickshire and we bought a whole 3 bed house for £140k
Houses round here regularly still go for similar amounts
Train to London Euston is about an hour from mainline in Coventry.

Original poster
Lillibetthecat · 07/05/2025 14:51

RubyRubyRubyRubyAhAhAhAhAhAaaah · 07/05/2025 14:49

If you go into one of the property sites and set your filter to England and maximum price of £180k, some properties do come up.

I did that but don't know much other parts on England to be honest, particularly the North.

OP posts:
RubyRubyRubyRubyAhAhAhAhAhAaaah · 07/05/2025 14:49

If you go into one of the property sites and set your filter to England and maximum price of £180k, some properties do come up.