Where could I buy a house for 100k

[IAmKloot]

Long story short, I own a house with roughly 100k equity, my circumstances have changed and I can no longer afford the mortgage and am not going to be able to get another mortgage either. I have a bit extra in savings that will cover fees and give me a little cushion.

I live in the South East and I know I'll get nothing here for that and will need to move to another part of the country. I grew up in the NW so I'm drawn there but I could go anywhere really, I've no ties. I can work anywhere in England (but not other parts of the UK). I would prefer somewhere urban or suburban not too far from a city. There are houses in Oldham and Halifax within budget so I'm looking at those but would welcome suggestions.

I want a house rather than a flat but terrace/ 2up 2down is fine.

I know I'm not going to get a palace or anything in a particularly nice area but just want security and permanence.

Op, have you considered renting out a room to meet mortgage payments?
Your message makes me think this decision is a bit rushed. What’s the hurry ? Sorry if I got that wrong just an impression

Also bump

If you are mid 50's plus there are lots of sheltered housing flats in nice places around the uk for £100K or less. Otherwise I think you are looking at fairly grotty areas I think.

Swindon😬

Cumbrian coast would work in terms of house prices, but not great if you need employment. Hmmm, actually most places up north with houses that cheap wouldn't be great for employment prospects.

Hull.

Don’t laugh, I am serious.

Darlington, Bradford, places with very poor job prospects tbh.

Hey, We’re in bispham Lancashire.
bought a house for £120,000
3 bed, Conservatory, Massive back garden + double drive way. In a nice area. Have a look round Lancashire

Lots of houses for sale in Darlington starting at £55k. A friend of mine has several rental properties there as they are so cheap to buy in comparison to other parts of England.

I don't want to rent out a room, I'd rather live alone in a poorer area than have the hassle of a lodger, I like my own space. Don't really mind a grotty area, I grew up in an ex industrial town so I'm used to that.

I'm not old enough for sheltered housing.

Hull is actually a good shout, I've been there and liked it!

My work is fully remote so that's not an issue.

Bradford's another one I'll look at, although I've never been there.

North East?

Lots of areas of Lancashire fit the bill and it’s really quite nice. Close to Manchester, Liverpool and the Lakes.
Can you narrow down what you’d like / eg countryside, coast, public transport, local amenities, dog walks or whatever and we can try and be more specific.

Although Halifax is taking off a bit actually, that kind of artsy Hebden Bridge vibe is spilling out a bit.

I've seen a lot around Sheffield and Lancaster just looking on rightmove. Both have nice centres and as there are houses under £100k all around those cities there might be some areas that are decent enough.

There are houses in preston, great harwood, accrington and oswaldtwistle for £100k atm

https://www.rightmove.co.uk/properties/147881252#/?channel=RES_BUY

Wakefield?

Have a few of them?
https://www.rightmove.co.uk/properties/147869393#/?channel=RES_BUY

I know Halifax well. I would prefer Darlington - main line train station to Durham/Newcastle or York/Leeds. Loads of houses under 100k so buyers market. Sits between the N York moors and the Yorkshire Dales. Not too far to the east coast.

Like this:
www.rightmove.co.uk/properties/147897419#/?channel=RES_BUY

Ruddington is a pretty nice part of Nottingham- https://www.rightmove.co.uk/properties/145561766

Preston and other bits of Lancashire would definitely give you a house for under £100k. Darwen is cheap, a bit grotty in parts but access to stunning countryside within minutes and you can get a 2 bed terrace for about £65k. I have friends who live there and it’s not much of a town centre but Blackburn is getting better and you’re close ish to Manchester and Leeds for a city fix

A lot of the civil service is being moved north to Darlington
https://www.instituteforgovernment.org.uk/press-release/civil-service-darlington-relocation

Wakefield, Barnsley, Rotherham area? Still some reasonable areas where you could get a house.

Don't

OP I was in your position a few years back.
house in Oxfordshire, large mortgage and some equity.

6 months ago I bought a 5 bed, 4 storey Victoria terrace overlooking the sea in the NW Lakes For £150k!
mum on the Cumbrian coastal train line so direct to Carlisle.

I have the Lake District national park 20 mins away, lakes and fells galore.
the beach is like 500 yards away.
Cumbrian people are lovely.

My local towns are Workington (industrial but serves a purpose) and Whitehaven which is much nicer.

I think the area will also keep increasing in value as the south Lake District is becoming over saturated and full of hen and stag do’s, so people are moving further out. Keswick our closest ‘lake’ town is becoming more busy, as is Cockermouth.
Both Cockermouth and Whitehaven have lots of new shops / restaurants / deli’s / yoga studios etc opening up.

so whilst Whitehaven and the area aren’t the trendiest places to live, I can absolutely see that in 5/10/20 years time they’re only going to get better and better.

oh we also have some lovely beaches - St Bees and Allonby. And Scotland is only 1 hour away.

oh and finally - it’s sunny that Oxfordshire!!
yea it’s colder and wetter, but we actually get far more sunshine and less clouds here, especially right on the coast.