what could £140,000 buy you within 25 miles of where you live

[Cottagecheeseisnotcheese]

Inspired by million pound thread, I thought what if anything could you buy with 4 x the average full time salary (32,000) so 128K mortgage and a 10% deposit 13K = 141K call it 140 to allow for fees
90 minutes is considered the longest reasonable commute . So I thought what is the biggest accommodation you can get near you that is liveable ie no renovation just re-decorating the electrics and plumbing are safe not necessarily modern

There is a one 1 bed retirement property with 60 years left on the lease.

Apart from that it's just parcels of land or garages.

Lovely!

A beach hut

https://www.rightmove.co.uk/properties/144780431#/?channel=RES_BUY 10 miles away.

140 k would buy me 2 decent terraces in a town less than 15 miles away

One bedroom flat.

Lots of properties for that price. Smart 1 bed city flats in Sheffield and Leeds to 4 bed semis in old pit villages.

Park (mobile) homes, shared ownership or retirement places and two flats with short leases. All at around the £140k mark.

A fairly run down 1 bed flat a couple of towns away. We actually live in one of the cheaper areas of SW but we're in the countryside and it's an area without many newbuilds so there are mostly houses rather than flats.

Two retirement properties, or a studio flat in a very grotty block.

No other properties below 150k.

Quite a lot of 1 bed flats and then shared ownership to 2 bed flats. By the time you get to 20 miles out still quite a lot but depends if you want to live in that particular area.

Ooh, I’ve found a 7 bed terraced house for £80k about half an hour from where I live!

It needs redecorating, but otherwise looks ok from the photos, and they want cash buyers only, but it still seems suspiciously cheap. It’s not the best part of town, but I wouldn’t have said it’s the worst either 🤷‍♀️

2-3 bed terraced or end terrace.
3 bed semi in a dodgy area or a 2 bed apartment.

I'm quite surprised but we live in an area where house prices have shot up more than in other areas of the country (so I've been told by DH 🤔)

We bought our 4 bed detached for £194k 8 years ago and it's now worth about £375k.

@MandyMotherOfBrian

why would you have to change it from 25 miles to 20 miles??

@Cottagecheeseisnotcheese

in one direction park homes.
in the other studio/1bdrm flats.

id need a lot further to get a 3bdrm house.

central SE.

Lots of 1 bed flats. I suppose you could put your children under the bed.
Lots of retirement properties
A very grotty 3 bed house.

Do you want a listed cottage in Northumberland? https://www.rightmove.co.uk/properties/137034170#/?channel=RES_BUY

3 bed semi, or 4 bed terraced, in reasonable decorative order.

https://www.rightmove.co.uk/properties/138953780?utm_campaign=property-details&utm_content=buying&utm_medium=sharing&utm_source=copytoclipboard#/&channel=RES_BUY

3 bed bungalow near the sea. Kessingland is ok not much to do in the immediate vicinity other than the beach and zoo but not far from larger towns.

A "park home" in Kings Langley (Within a 20 miles radius).

https://www.rightmove.co.uk/properties/143867630

Very, very little unless you want to live in an absolute tip in a very undesirable area or a mobile home.
It won’t buy you a retirement home or anywhere I would ever consider buying.

Lots of 2 bed flats, a few run down 2 bed terraces.

Bath- Couple of bit tired but not terrible retirement flats , a second hand mobile home (very nice location though) and a 50% share on brand new semi about 8 miles away in ex mining village

www.rightmove.co.uk/properties/85481664#/?channel=RES_BUY

www.rightmove.co.uk/properties/136741505#/?channel=RES_BUY

www.rightmove.co.uk/properties/144866909#/?channel=RES_BUY

www.rightmove.co.uk/properties/144663791#/?channel=RES_BUY

A bed sit/1 bed apartment a bit further out.

1530 properties if I search max £140000 within 20 miles! Mostly two or three bedroom terraces/semis in ok areas within easy commuting distance of a major city.