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Pros and cons
Trying to make a decision between two flats I might be able to buy. Interestingly, they both have exactly the same layout, which simplifies the decision slightly... but not much:
Edited to add: the flats in question are both large 3-bedroom maisonettes - space is not a problem.
Flat A:
£310,000
In E2 (near Hackey Road)
Has a garage
Near a main road, but otherwise the neighbourhood seems quiet
Recently and very nicely refitted bathroom and toilet
Bedroom and frontroom decoration good
Kitchen okay
Windows all new and shiny
Flat B:
£270,000
In N1 (near Hoxton Street)
No garage, but plenty of parking
Opposite a fairly large park (handy for fire-spinning etc)
Not near any huge roads, but otherwise the neighbourhood seems a bit noisy (kids playing in halls, etc)
Desperately needs bathroom and toilet refitting
Bedroom and frontroom decoration hideous
Kitchen nice
Windows in very poor condition, council likely to demand money for replacing them soon (could be up to £10,000)
PRACE BETS NOW!
I don't really know. The cheaper price is obviously tempting - I'm at the edges of my budget here, £40k is a lot of extra money to pay interest on every month. I'd prefer to live in N1 than E2 - I think of myself as a north London kind of person, having spent lots of time in Kentish Town as a kid. OTOH, having a garage would be really handy given the car I drive. The bathroon and toilet in the naff one would need doing before I could move in, they're really shit. But that would only cost ITRO £5000 according to a builder I've spoken with. Add in the redecorating and some other work that needs doing, call it £10,000 I'd have to spend before I'd want to move in. So it'd end up costing me nearly the same maybe, with the windows and the building/decorating stuff, but it'd be in N1 and it'd be decorated etc exactly as I chose. But no garage. But quieter streets. But noisier block? But near a park. *head-splodey*
I r confused.
Edited to add: the flats in question are both large 3-bedroom maisonettes - space is not a problem.
Flat A:
£310,000
In E2 (near Hackey Road)
Has a garage
Near a main road, but otherwise the neighbourhood seems quiet
Recently and very nicely refitted bathroom and toilet
Bedroom and frontroom decoration good
Kitchen okay
Windows all new and shiny
Flat B:
£270,000
In N1 (near Hoxton Street)
No garage, but plenty of parking
Opposite a fairly large park (handy for fire-spinning etc)
Not near any huge roads, but otherwise the neighbourhood seems a bit noisy (kids playing in halls, etc)
Desperately needs bathroom and toilet refitting
Bedroom and frontroom decoration hideous
Kitchen nice
Windows in very poor condition, council likely to demand money for replacing them soon (could be up to £10,000)
PRACE BETS NOW!
I don't really know. The cheaper price is obviously tempting - I'm at the edges of my budget here, £40k is a lot of extra money to pay interest on every month. I'd prefer to live in N1 than E2 - I think of myself as a north London kind of person, having spent lots of time in Kentish Town as a kid. OTOH, having a garage would be really handy given the car I drive. The bathroon and toilet in the naff one would need doing before I could move in, they're really shit. But that would only cost ITRO £5000 according to a builder I've spoken with. Add in the redecorating and some other work that needs doing, call it £10,000 I'd have to spend before I'd want to move in. So it'd end up costing me nearly the same maybe, with the windows and the building/decorating stuff, but it'd be in N1 and it'd be decorated etc exactly as I chose. But no garage. But quieter streets. But noisier block? But near a park. *head-splodey*
I r confused.