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I'd say owning a flat in Bow, selling and moving to Valencia is the win.
https://www.rightmove.co.uk/properties/146544812#/?channel=OVERSEAS
Probably a similar average journey time to London too.
In many ways if you have wound up in scotland or the north, you've won. You can get an enormous amount of property for your cash, and whilst salaries are lower, the delta is in no way representative of the difference between the cost of living.
I sold a 1 bed bed flat in bow in 2014 for 435k. It had no outside space and no parking. 435k in some parts of scotland would have got me a farm with acreage and 6 bedrooms and a carriage driveway. Its fucking mental.