Perfect for first-time buyers or investors, these 10 flats in London under £250,000 offer great value for money in London’s competitive sales market.
Whitehorse Lane, South Norwood, SE25
£220,000
If you’re a Crystal Palace fan, then there’s no better location than where this one bedroom flat is set. It’s right next to Crystal Palace Football Club’s stadium and is situated on the second floor of a well-maintained building. The interior would benefit from a low-scale refurbishment if you’re looking for a property with potential.
Northwood Road, Thornton Heath, CR7
£225,000
Offering great square footage and well-proportioned rooms, this two bedroom maisonette also has a decent sized garden at the rear. It’s set within a period conversion between Crystal Palace, Norbury and Thornton and the lease is only for another 49 years, which is reflected in the price – the new owner would probably want to look into extending it.
Potters Road, New Barnet, EN5
£225,000
Whether you’re looking for a home to move into or an investment property, this one bedroom flat in New Barnet is great for both markets. It has a large open-plan reception room and a bright bedroom, as well as a good-sized bathroom. New Barnet Station is within walking distance, too.
High Street, Croydon, CR0
£235,000
Situated in the centre of Croydon, this one bedroom flat not only has a fantastic location, but also offers potential owners sleek modern interiors, a large communal roof terrace and access to a communal lounge with a mini cinema and library.
Croydon is under a London Regeneration, so it's an exciting area to buy in right now. There are also a lot of reasonably priced options here - see the average rent in Croydon.
If you're looking for a similar area to rent in, check out Endfield rent prices. You can also see more affordable homes to rent in London under £1,300 per month, affordable London areas with quick commute times, and the cheapest places to live in London if you're buying.
