Could you buy a 2-bed where you live for £115K - £117k?

[CryingShame]

If you can, where do you live? I want my mum to move to your neck of the woods

Mum is divorcing and struggling to buy where she is (SW England) or where me and my DSis live (NW and East Mids) for £115 - 117k, which is her share of the house proceeds minus a few grand to cover moving / storage / legal costs. She can't have a flat as she has a small dog, and wants to park her car / be near shops for when she's older and no longer driving. Not much then .

She wants a freehold, as she won't have the income for a leasehold service charge, and isn't eligible for deals with new builds as she's not a first time buyer, just low income as she's retired and got a crap level of pension from PT working.

I think I'm looking for the impossible, but I'm just hoping for some possible ideas of areas I can look at for her.

My brother just bought a lovely 2 bed in North Staffordshire £105000 on a nice estate. Something similar to this www.rightmove.co.uk/property-for-sale/property-57325378.html

I live in Derby and there's plenty of two-bed houses for that sort of money OP.

Not perhaps in the most favoured areas, but that is often to do with schools which would be irrelevant for your mum. If you are in East Mids it would be near?

www.rightmove.co.uk/property-for-sale/property-48782022.html this is nice for example, reasonable area, shops and other facilities nearby, not the best secondary school catchment is all.

I am in East London and I think the nearest place to me where you can still buy for that price is Barking and Dagenham.

I hope your mum finds somewhere nice.

Is she eligble for those over60 schemes? Prices are lot cheaper but I don't know much about them

Try this - nice area, very near train/bus and near Caerphilly which is a nice town and has a lot going on for older people. Not ridiculously far from East Mids either but not down the road I appreciate!

South Cheshire here. Where I am in the less desirable part you would easily get one for that price. 2 beds go from about 70k

Has she considered a 'lifetime lease'? I don't know much about them, but whenever I see anywhere on Rightmove that looks affordable, it turns out to be part of one of those schemes.

Yes she could easily buy a 2 bed in Leicester for that.

plenty in north west, look north of manchester, leaseholds are only £4 a year, no service charge, pretty sure she could afford that!

I'm North East. My four bed, three bathroom was up for £85,000 last year.

This is near me, with fantastic views, and you would be spoiled for choice with £115k in my neck of the woods - you could get a 4 bed in some areas.

Definitely on the South Cheshire/Staffordshire border - good location to see both you and your sister too.

perhaps she was thinking of leaseholds on flats? houses in nw are often leasehold, just avoid newbuild leases

We paid £96k 2 years ago for a 3 bed semi with garden in leeds. It needed work, we know the city well so we were specific in what area. Our area has a historically not great rep but prices are slowly climbing (house down the road went for £130k last year). We are in a little oasis between two slightly more tricky areas. We house hunted for a year but we didn't have to hurry. We're near green space, 30 mins on bus to city centre, award winning pub nearby, big supermarket and shopping 15 mins walk. Quiet (apart from the kids playing out), birds... I love it.

A lot of nice places in Scotland for that

Loads in Lancashire. It's a good area to live in too.

Not round us but looked on rightmove 10 mile radius of Derby which should cover east miss and there's about 1300 properties less than £120k 2 beds

But just looking up thread, Halifax is a great shout as is Shipley and out that way.

Understand not a flat because of the dog - but car/parking problem?

You can get a decent 2 bed flat in Gosport £110k, right in the town centre, 2 mins from ferry over to Portsmouth Gun Wharf where flats are £250k! Parking space. £700pa service charge, so quite reasonable.

If really not a flat. You could get a 2 bed house with some hard bargaining and patience for £120k

Where in east mids?

Wow, so many responses. Thank you all!

Museumum, a GF flat would be leasehold and she can't afford service charges plus the value would depreciate over time if she needs to sell the place to fund a care home in years to come (she's only late sixties so not an issue yet).

Condensed, Leicester is indeed in the midlands, it's over towards where I live but you have to pick areas carefully. We thought we'd found her a place in Leicester but it was auction and had a £6k reservation charge on top of the price which went over her budget.

Thanks everyone for your suggestions, I'm off to look at some of these places online.

Easily, this is just around the corner from me

www.rightmove.co.uk/property-for-sale/property-59499613.html

Would she want to move to an area of the country she doesn't know just because it's cheap?

I'd think she'd be better off compromising on having 2 bedrooms, and look at ground floor flats as well as houses, and try to be near some people she knows.

clary yoo-hoo, I'm in Derby too. There was even a 2 bed in Borrowash for £110k a few weeks ago. Definitely do-able here OP and probably a small garden and/or driveway too.

I live in North West Leicestershire and you might get an ex council property for that

Not all flats are leasehold. Many, certainly, but not all.