House advice.....
02-11-2004, 09:21 AM
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House advice.....
on a budget of say 100-130k, where do you lot think my best option to start looking for a house/2 bed flat would be? I currently rent in windsor, work in windsor, and would be able to commute say half an hour to 45 mins to work. So thinking somewhere on the M4 is the right move. But Windsor's prices are WAY out of my budget, and that goes for about a 5 mile radius from here aswell, so was thinking of branching out a bit but haven't a clue where to look!! 
Any ideas of a nice place to start looking?
Anyone live close by and in the same position?
Any ideas of a nice place to start looking?
Anyone live close by and in the same position?
02-11-2004, 10:31 AM
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Yeah I am...
I'm living with my parents again at the moment in Newbury... but obviously want to get out!!
The opition I'm considering at the moment is self build. But I haven't really looked into it properly yet.
Alex
I'm living with my parents again at the moment in Newbury... but obviously want to get out!!
The opition I'm considering at the moment is self build. But I haven't really looked into it properly yet.
Alex
02-11-2004, 10:33 AM
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I don't have enough experience for self build, wouldn't know where to start! Have you looked into the part buy part rent thing?
02-11-2004, 10:34 AM
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I live in Taplow bout 5 mins from Windsor, been wanting to move out of my parents and get a place with gf for ages but the prices round here are stupid. The cheapest place round here are arounf Chalvey which is shite, Britwel which aint to bad and Cippenham which aint to bad.
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02-11-2004, 10:35 AM
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oh yea and just to add my mates living in wycombe at the mo which is aint to bad on price but bit to far away for me as i wanna be round these ways. Also reading is cheap in some parts
02-11-2004, 12:42 PM
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Drop???? 
there sure hasn't been a drop around here.... 
Hi Aaron
As you know, we are in Ascot and that's expensive. Even Bracknell has gotten "up market" and I know that some 1 bed flats are selling for 175K.... that's steep....
But we have some friends who live along the M4, the other side of Reading. Bit in the middle of nowhere but the prices are much much much better..... Takes about 45mn to get there though.... never done it at peak time....
there sure hasn't been a drop around here.... Hi Aaron
As you know, we are in Ascot and that's expensive. Even Bracknell has gotten "up market" and I know that some 1 bed flats are selling for 175K.... that's steep....
But we have some friends who live along the M4, the other side of Reading. Bit in the middle of nowhere but the prices are much much much better..... Takes about 45mn to get there though.... never done it at peak time....
02-11-2004, 12:53 PM
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The only way to get a foot on the property ladder is to buy a NEW home from a home builder like wimpey, beazer etc etc. They always have the good prices as they do not price them selves out of the market as they cannot afford empty properties.
You will need to get in there quick, usually before any are built, but I guarentee you will make money out of your first home.
It will come fully carpetted, kitchen, bathroom etc and all you are left to buy is the furniture....if you want any.
We moved into our first house with a TV and that was it!!!!!
After out growing our first house after a few years we sold it making a profit of £40000.(Cost 60000 new) With this we moved onto a £147000 house down the road (older property).
Last year, after living there for only 18 months the house was £235000, then 6 months later £265000. At the moment we are have an extension, which when finished will put the price at around £350000!!!!!
That's the way I did it.
You will need to get in there quick, usually before any are built, but I guarentee you will make money out of your first home.
It will come fully carpetted, kitchen, bathroom etc and all you are left to buy is the furniture....if you want any.
We moved into our first house with a TV and that was it!!!!!
After out growing our first house after a few years we sold it making a profit of £40000.(Cost 60000 new) With this we moved onto a £147000 house down the road (older property).
Last year, after living there for only 18 months the house was £235000, then 6 months later £265000. At the moment we are have an extension, which when finished will put the price at around £350000!!!!!
That's the way I did it.
02-11-2004, 01:44 PM
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Cossymad
Quote "You will need to get in there quick, usually before any are built, but I guarentee you will make money out of your first home.
"
I'll have 20 then please....anybody new to the housing market this is definately not the case....a very dangerous statement to make...
Thks Malc
Quote "You will need to get in there quick, usually before any are built, but I guarentee you will make money out of your first home.
"
I'll have 20 then please....anybody new to the housing market this is definately not the case....a very dangerous statement to make...
Thks Malc
02-11-2004, 01:51 PM
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Originally Posted by Malc50
Cossymad
Quote "You will need to get in there quick, usually before any are built, but I guarentee you will make money out of your first home.
"
I'll have 20 then please....anybody new to the housing market this is definately not the case....a very dangerous statement to make...
Thks Malc
Quote "You will need to get in there quick, usually before any are built, but I guarentee you will make money out of your first home.
"
I'll have 20 then please....anybody new to the housing market this is definately not the case....a very dangerous statement to make...
Thks Malc
Sorry Malc the estate agent/ financier
02-11-2004, 02:16 PM
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Cossymad.
Quote "I was mearly saying new houses are more sought after than older ones so less of a risk."
Not true, you pay a premium for a new house and in a falling market thats not good!
Mate, I am playing devils advocate, these comments are made very light heartedly
( although they might be true 
)
Cheers MAlc
Quote "I was mearly saying new houses are more sought after than older ones so less of a risk."
Not true, you pay a premium for a new house and in a falling market thats not good!
Mate, I am playing devils advocate, these comments are made very light heartedly
( although they might be true )Cheers MAlc
02-11-2004, 02:34 PM
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my landlord told us last week im putting the house up forsale dya want first offer? 250k he wants we said hell no nice big house yes next to a fekin nursery with 90 kids a a sweet old belgian lady with 18 american spaniels on the other side and a nosey indian dude at the back whos determined to know everything about you he phoned back yesterday errr the markets pants you can stay 
he phoned back yesterday errr the markets pants you can stay
02-11-2004, 03:37 PM
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Originally Posted by cossymad
The only way to get a foot on the property ladder is to buy a NEW home from a home builder like wimpey, beazer etc etc. They always have the good prices as they do not price them selves out of the market as they cannot afford empty properties.
You will need to get in there quick, usually before any are built, but I guarentee you will make money out of your first home.
It will come fully carpetted, kitchen, bathroom etc and all you are left to buy is the furniture....if you want any.
We moved into our first house with a TV and that was it!!!!!
After out growing our first house after a few years we sold it making a profit of £40000.(Cost 60000 new) With this we moved onto a £147000 house down the road (older property).
Last year, after living there for only 18 months the house was £235000, then 6 months later £265000. At the moment we are have an extension, which when finished will put the price at around £350000!!!!!
That's the way I did it.
You will need to get in there quick, usually before any are built, but I guarentee you will make money out of your first home.
It will come fully carpetted, kitchen, bathroom etc and all you are left to buy is the furniture....if you want any.
We moved into our first house with a TV and that was it!!!!!
After out growing our first house after a few years we sold it making a profit of £40000.(Cost 60000 new) With this we moved onto a £147000 house down the road (older property).
Last year, after living there for only 18 months the house was £235000, then 6 months later £265000. At the moment we are have an extension, which when finished will put the price at around £350000!!!!!
That's the way I did it.
To be honest though as Mrs Frog said, that sort of money won't get you far in this area Aaron, unless you are prepared to live in the slums of slough and buy something that will need extensive renovation (which you need to be able to afford).
It may be worth thinking about moving further afield and travelling a little longer to work to get on the ladder.
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