You are reading a single comment by @ChasnotRobert and its replies.
Click here to read the full conversation.
London Fixed Gear and Single-Speed is a community of predominantly fixed gear and single-speed cyclists in and around London, UK.
This site is supported almost exclusively by donations. Please consider donating a small amount regularly.
ChasnotRobert
I used to live basically in viky park. You would have had trouble getting a flat much closer than mine was. It is a great area, but, noisy in the summer and if you are near a main road and you are paying a crippling premium to be there.
If I'm guessing you have a healthy budget, I'd personally look at the houses in the Medway conservation area - some old and tired houses coming on at the moment for 50k or so less than they would have been at the peak.
Walthamstow is cool but again, don't believe all the hype. Beneath the veneer there is still a lot of poverty, fly tipping, antisocial behaviour etc. And you are paying a massive premium compared to similar houses in Leyton and Leytonstone which are more central and also have their own fair share of green spaces (wanstead flats/Olympic park/ hollow ponds)
I moved from E3 to E11 and now have a house much bigger than my flat, I banked 60k profit in doing so even after the stamp duty and fees, all of which I've spent on loft conversions, new kitchens and wood burning stoves.
If you take into account the money I spent on improvements it was basically a straight swap, financially wise. My old flat I'd say they would be lucky to get 475 for it now (I sold it for 435 in 2014) and the house I paid 388 for and spent 55k on (give or take ) is now worth about 600.