Insights

What can I get for £500k in London, Devon & south of Spain?

What can I get for £500k in London a lot of people ask themselves.

With house prices falling does this figure get you a decent property in the capital at the moment?

We have also taken a look at what you can land, for the same figure, in the south of Spain and, closer to home, Devon.

Before we start, here is an article on what are the pros and cons of selling or buying a property now?

What can I get for £500k in London?

We begin our search in London town.

Looking around the capital £500k still doesn’t get you a huge amount in Zones 1-2/3.

We have found two double-bedroom garden flat for sale on Surrey Road near Peckham for £500k.

Peckham is the hipster hotspot that offers access to Shoreditch/Dalston via the Overground line. From one trendy spot to another in 20 minutes!

The location also offers easy access into The City, Canary Wharf & London Bridge with regular services from Nunhead & Honor Oak Park train stations as well as bus connections into the neighbouring Peckham, East Dulwich and Brockley.

For more details visit Right Move Here

What can I get for £500k in Devon?

If the pace of London isn’t for you then how about moving to Devon?

It is that bit closer than Cornwall, so you can go ‘up country’ quicker than if you buy a place in Truro, for example.

So for half a million you could buy a substantial, extended semi-detached family home with four bedrooms, a garage, ample parking and a large enclosed rear garden, in the village of Blackhorse close to Exeter.

There is a hot tub beneath a gazebo, a summer house and other timber buildings with a large, healthy, level lawn that has plenty of space for children to play.

For more details visit Right Move Here

What can I get for £500k in south of Spain?

Ok, so you want sun, lots of it, instead?

Well, the south of Spain is the place to be.

For 572,900 Euros (or £497,449) you could land a detached three bed and three bath villas on the Costa Blanca, not far from the infamous Benidorm.

“You’ll find amazing beaches like Cala de Finestrat , Playa de Poniente and Playa de Levante countless coves., kilometers of sand and sea to discover, just a few minutes driving,” according to Right Move.

For more details visit Right Move Here

If this has got you thinking, we’d be delighted to help. Get in touch and we’ll talk you through your options, or sign up to our monthly newsletter, to keep your finger on the pulse.