What does £130k buy me?
DECIDING to invest for the first time in your very own home is exciting.
Over recent years many home seekers have opted for renting on economic grounds.
However, it is true to say that with interest rates as they are today, owning your own home may be more easily affordable than you imagine.
Just this week we have helped two first-time buyers fulfil their dream of owning their own place.
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It's been very exciting and a real pleasure to be a part of this momentous step in a person's life.
Small budgets mean you can't have everything, so it's probably worth sitting down and thinking about what your priorities are.
Is it essential you are in the city centre, have a small garden or a third bedroom/home office?
Do you need parking?
Do you have the time and skills to renovate a property, just update the décor, or do you want somewhere that's already finished?
Is the property fitted with central heating and double-glazed, or do you have the budget to get these put in?
Do you need to be close to a bus or rail route?
For example, for £124,000 you could currently purchase a pleasant no frills two-bedroom flat, five minutes walk from Exeter city centre in a Mount Pleasant block.
The flat has an entry phone system, modern kitchen and bathroom, living room and allocated parking space.
If you prefer a bit of Victorian period character though, a ground floor apartment with a double bedroom in Polsloe Road for £129,950 might be more for you.
At 139,950, you could afford a delightful period conversion on the edge of the city centre laid out over two floors with an off-street parking space.
Within the popular and pretty area of St Leonard's is an impressive and spacious two-bedroom first-floor apartment situated in a prestigious development.
The accommodation is presented in excellent condition and features a spacious open-plan living room, kitchen with integrated appliances and a turret-style dining room with views over the green.
Other benefits include gas central heating and double glazing.
The property also has a garage and additional parking and is valued at £199,950.
These properties and several others that fit a typical first-time buyer's budget are available for viewing through Weekes.
For more information and advice call 01392 459922.