What would £120,000 buy where you live?

[PullMySocksUp]

We're planning to buy an investment property this summer and have £120,000 to spend. We've been looking in the area where family live but it's commuter belt and houses are snapped up. Can you inspire me with what this would buy in your area? We live abroad so no ties in terms of area.

Bugger all.

I would be focusing on what return I could get on my investment, property is not always something that generates a good return. Buy to let's can have very minimal return especially at bottom end of market.

My house with some money left over :-)

Decent sized 3 bed semi with garden and driveway

You would get a one-bedroom retirement flat for £120k where I live.

Best kept secret in West Yorkshire -- 25 minutes from Manchester Victoria and 120k would get you a four bed two baths, walking distance from train station, rental yield approx £700pcm.

Yes. 110000 gets you a 3 bed front and back garden in a cul de sac. I'm just outside edinburgh.

www.propertypal.com/12-knockmore-park-carrickfergus/319742

3 bed semi in Co. Antrim. 2 bed terrace/apt in Belfast, maybe?

Parking space

A flat in the centre of Stratford upon Avon here with a tenant already in place paying £595 pcm.

A very nice car?

No property at all. Sadly.

1 bed ex council flat in my town. Nothing else for less than 130,000

a one or 2 bed ex LA flat.

North East Scotland, this ones a fixed price of 120k. Fair few 2/3 bedrooms for around that price or lower.
www.rightmove.co.uk/property-for-sale/property-44680078.html

norhing at all, not even a garage

Nothing in my town, maybe a studio flat in a nearby town.

A one bedroom retirement flat offered on a shared ownership basis.

www.rightmove.co.uk/property-for-sale/property-48860428.html

this is £125,000 but there are loads in Medway, and they rent out really easily, especially if you buy close to the high speed stations.

Looking on Rightmove for my postcode, 120k would get you a 1 bed flat on a slightly scuzzy road.

Nothing. I'm really shocked at how much prices have gone up (and glad we moved a couple of years ago - not sure we could have afforded to now).

My 3-bed end terrace is sold STC for £124,000. Ok area, good secondary school at top of road, 10 minutes' walk from centre of small East Midlands town, house thoroughly refurbished 5 years ago and repainted and carpeted just now.

1 or 2 bed flat or maisonette in a hoising development type area on the outskirts of town. But would rent for a fair amount as in the SE and 1 hour commute to London so £600+pm probably.

1 bedroom retirement flat.

Nothing. Cheapest property on at the moment in my postcode is a studio flat for £210k. One beds start at £250k.

Nothing.

In South Norfolk it varies, I've found a 1 bedroom house, or 2 bedroom flat, or up a 2 bed terrace depending on location, but all within 10 miles of Diss.