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

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

@FabFebHalfTerm I also searched within 20 miles. I used Zoopla, you can only select 20 or 30 miles, no option for 25.

3 bed terrace is 50 mins away in Cardiff, sale by auction. There's others going into the valleys. Plenty of people do commute to Bristol

https://www.rightmove.co.uk/properties/140392016
a small bungalow which I would love.

Not 20 miles from me, but I note you could get a spot in the Old Hall community in Suffolk that was written up in today's Guardian:

https://www.theguardian.com/lifeandstyle/2024/feb/20/everybody-looks-after-each-other-fifty-years-of-the-commune-that-began-with-a-guardian-ad?CMP=ShareiOSAppp_Other

More locally it's only retirement flats on that budget plus some park homes in Weston

Quick look on Rightmove...there's one listing, which is a 3 bed boat house

2 bed flat or 1 bed house.

5 bed terrace is the biggest but there’s plenty of 2/3 bed houses nearby

https://www.rightmove.co.uk/properties/143099045#/?channel=RES_BUY

A two bed flat in a decent area or a three bed terraced but in a rough area

https://www.rightmove.co.uk/properties/140418491?utm_campaign=property-details&utm_content=buying&utm_medium=sharing&utm_source=copytoclipboard#/&channel=RES_BUY

This is the first result within 30 miles of me: www.rightmove.co.uk/properties/139568021#/?channel=RES_BUY

Further down the search you could also get a 3 bed terrace in various places; representative example herewww.rightmove.co.uk/properties/144312383#/?channel=RES_BUY : www.rightmove.co.uk/properties/144312383#/?channel=RES_BUY]]]]

Then there are some quite nice 2 bed houses, eg: www.rightmove.co.uk/properties/144732596#/?channel=RES_BUY

1 bed flat. There are quite a lot of them but nothing any bigger.

That’s literally a converted garage, isn’t it? Still, someone will buy it.

Locally absolutely nothing for £140,000
Within 10 miles are a few 1 bed flats in a town.
Within 25 miles are some 2 bed flats in a city.

Within 3 miles, a 1 bed flat in a quite dodgy council estate. Within 8 miles, a 2 bed, again in a council estate.

This is described as a bungalow but i'd say they are taking liberties there

https://www.rightmove.co.uk/properties/134475830#/floorplan?activePlan=1&channel=RES_BUY

A lean too in the woods ...

A couple of garages or lock-ups. You'd need another £20k or so for a studio flat without parking.

https://www.rightmove.co.uk/properties/86697492#/?channel=RES_BUY

Couple one bedrooms with work needed that are up for auction. Couple studios also needing work. A park home. Most at the far end of distance.

I searched just for 140k

2 or 3 bed ex local authority - lots of those
2 or 3 bed terraces
1/2 bed flats in the biggest city

A 26sqm studio 6.5 miles away. Rest are pretty much retirement properties. Also some shared ownership.

Locally nothing (unless shared ownership). Could just get a couple of beach huts. they’re marketed as studios 😂

Nothing liveable.
A garage in a town 20 miles away.

If you discount retirement homes, shared ownership and auction lots then you are left with house boats, park homes or a 2 bed flat in a not great area. Some decent 1 bed flats, but nothing decent for a family.

A 3-4 bed semi detached or mid/end terrace. In NI.