Hi guys- I moved to London recently, and work in Canary Wharf. Thinking of buying a flat for £500-550k and the options are so confusing. I am in the mid-30s with annual income £80k fixed, with bonus of 30-35% expected on top. These are some options i have explored. Am I going wrong here/should think about it in a different way/explore some other recommended areas?
(i) Canada Water/Rotherhithe- Can get a 2 bed here. Quick commute to work/the West End via the Jubilee. But Canada Water itself is quite dead/not a bunch of restaurants/places/things to do.
(ii) Bermondsey near the tube station- Can get a 2 bed here, quick commute. Again the same problem. All good restaurants/street markets/places are near the more expensive London Bridge side of Bermondsey, making the walk to the underground station a chore.
(iii) Pimlico- Nice quiet area. Slightly longer commute with a line change to work. But can only get a 1 bed with that amount of money.
(iv) Angel - Vibrant area with lots of restaurants/supermarkets/things to do. Quite expensive and can get only a 1 bed.
In terms of the future, my work is going to be restricted either to the City or the Wharf. Thanks for your suggestions!