Thank you in advance for any help!! Opinions needed please. Early twenties buying first house with partner.
We have been searching for a while in the area we currently rent in. (An area of Bristol) we both love the area and it is convenient for both of us for work and places we go including transport links and parking. We viewed many properties in the area on a budget of around £300,000 for a two or three bedroom house. We quickly realised that houses were too pricey in the area we wanted and therefore we were looking at very small two beds that required lots of work still at the top end of our budget without lots left over for necessary modernising.
Therefore when we found a set of 13 new build houses built by an independent development company only 1.2 miles out of this area we were very interested. The house is £25,000 over budget but parents kindly agreed to lend us that extra.
The house is perfect for us- we’d change nothing about it. Apart from its location. Currently it’s in a bit of a nothing area, not much going on etc. We have received the searches to say that the land around it (mostly green areas common type thing) are being built on. Almost becoming a huge development.
So essentially our perfect house is in a location we are not sure on, and we do not know how lots of upcoming building work could affect life here.
The alternative is to continue renting our flat for a year despite being keen to have our own place and trying to find something that has less concerns. Please help!!