I just need to confirm that this is a daft purchase
We don’t have a huge mortgage available to us and a small deposit, but we’re hoping to get on the property ladder for our forever home( or at least 10 years!)
We can afford a small flat in the nicer part of the city, but want a home with a garden/ space for our family - so we’ve been looking at areas close to us, but a bit “rougher” than we’re used to.
We found a lovely big home ,in its own new estate( a few streets really) , a little away from the direct rough part and DH in particular ,loves it. No work needed. Perfect.
BUT
Theres 2 large blocks of flats going up, practically on top of the street and it’s social housing
Now, the hippy leftist knows how important social housing is BUT in my city, a lot of these estates and blocks are like the Wild West
Should we risk it ? See if any half decent people move in?
Or no chance: if it becomes rough you’ll sell at a loss
Anyone done similar?