Thursday, 24 August 2017

First time opportunities

In a competitive property market, getting on to your first rung on the ladder is the hardest it's ever been

In a competitive property market, getting on to your first rung on the ladder is the hardest it's ever been. Even more so in Henley, where house prices are higher than national averages (according to one estate agency, the town has had a 7.37 per cent increase in average property price over the past two years).

If you apply for a mortgage, there are strict checks and several hoops to jump through; and then there's that hefty deposit. For some, it may seem like an unreachable dream, but if you are able to scrape some funds together - and if you have family members who are able, and willing, to help you step into a more secure future, Standard property correspondent Lucy Boon has found four affordable options she thinks are good choices for a first home.

For more news and information, visit the Henley Standard's property section at www.henleystandard .co.uk/property and search for 'first time buy'.



£395,000 in Binfield Heath

If you want a house that can be adaptable as your life changes, this one in Binfield is a good choice - plus it has plenty of character to boot.

Set in a semi-rural position facing open fields, there are three decent-sized bedrooms upstairs and a sitting room and dining room, modern kitchen and bathroom downstairs. There's also a pretty front garden, a large lawned garden at the back, and parking for two cars to the rear.

Trevor Michel, residential sales manager at Simmons & Sons, in Henley's Bell Street, said: "This house is ideal for first-time buyers as it has a large garden for pets or parties and entertaining, and unusually, off-road parking as well. Also with three bedrooms it has space to grow into if an addition to your family comes along."

For sale with Simmons & Sons. Call (01491) 571111 for information.



£350,000 in Henley



In central Henley, within walking distance of shops, schools, the train station and all the other facilities that makes Henley living so attractive, is this two-bedroom Victorian terraced house. It's a typical two-up, two-down, but there's enough space for a young couple, and even a young family.



â??It would make an ideal first-time buy," said Julian Sheppard, residential sales manager at Romans in Hart Street. â??A particular highlight is the enclosed garden â?? ideal for a house-warming barbecue.â?�



This place is also neutrally decorated and ready to move into straight away. Whatâ??s more, it is perfectly placed for easy access to the centre of Henley and its train station; very handy if youâ??re a commuter.



Romans says thereâ??s an open house for the property on March 7. Visit the Hart Street office for further information. Romans have also just published a 2015 guide for first-time buyers: http://www.romans.co.uk/ News-Article/first-time-buyer-guide-2015/288



For sale with Romans. Call (01491) 412888 for information.





l £235,000 in Henley



If Henley is your location of choice, this two-bedroom apartment is a great choice as itâ??s situated in a quiet residential road near to the town centre, and close to a good primary school, yet it backs on to a pretty forest with views of rolling hills and sports fields.



The apartment was updated only last year with a new kitchen and bathroom, which have been tastefully done.



Both bedrooms are a good size and come with handy built-in wardrobes, and the living room is double aspect, with double doors out onto a small patio and a rarely used communal garden. The flat also has a private parking space, as well as visitorsâ?? parking.



Tim Peers at Peers & Hilton, in Henleyâ??s Duke Street, said: â??Set on the ground floor with French doors out on to the communal garden, this is a great choice for a first-time buyer.â?�



For sale with Peers & Hilton. Call (01491) 411066 for information.



l £179,950 in Watlingon



Still close to Henley but in a more affordable area (making it good value for money), Watlington is a charming little village, full of Victorian and Edwardian cottages such as this attractive one-bedroom number. Apart from the warm-brick walls, slate-roof and painted wooden floorboards, there are lots of character features and yet the ceilings are a good height.



Itâ??s small, certainly, but it gets you on the ladder, there is plenty of unrestricted parking on the quiet street outside, and itâ??s an excellent position, minutes away from the high street with its local shops. The village also has a post office, primary school, local community college and pubs and restaurants.



Nick Sherston, partner at Robinson Sherston in Watlington, said: â??At such a competitive price for an outstanding location, this is a great choice for your first rung on the ladder. Youâ??d be hard pushed to find even a flat in Watlington for this kind of money. A particular feature of the property is the modern Shaker-style fitted kitchen with solid wood worktops.â?�



For sale with Robinson Sherston. Call (01491) 614000 for information.





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