Property winners – the best value money properties right now are 3 bed houses
Posted on Wednesday, November 1, 2023
So, here's the scoop on 3-bedroom homes in the UK. They're a pretty popular choice, with 2 out of 5 homes falling into this category. We recently dug into the numbers and found some interesting stuff about them.
Three-Bed Terraces: These homes are the real winners when it comes to value for money. You can snag one for about £89,000 per bedroom. They're not only affordable but can be found in various regions, from the North East to London.
Comparison Game: When you compare them to other 3-bedroom options, like semi-detached or detached houses, terraces often come out as the wallet-friendly choice. But if you're looking at 4-bedroom terraces, they might not save you as much, especially in the South.
Size and Features: Now, here's the trade-off. Terraces might not give you as much space, and the fancy features like gardens and parking might be a bit limited. It's all about what matters most to you.
Availability: These 3-bed terraces are like regional stars. You'll find more of them in northern England, Wales, and the South West. But if you're in Scotland or London, they're a bit rarer.
Compromises: Going for a 3-bedroom terrace could mean some compromises on space and extras. But if your budget's tight, they're a smart choice.
In the end, it's all about what suits your needs and your wallet. Happy house hunting!
Sourced from Zoopla