Mental rambling about Relocating to the north

Mental rambling about Relocating to the north

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Discussion

rayny

Original Poster:

1,198 posts

202 months

Friday 9th February 2018
quotequote all
I Currently live on the south coast - I own a flat, mortgage paid up - estimated value say £100K.

I'm really not liking my current work environment. My work is excellent but my work throughput is too low.

I'm not likely to get another post if I walk out of my current job. - Aged 59 I have a couple of herniated inter-vertebral discs, and my legs and hands do not work too well anymore. I'm also diabetic and suffer from ulcerative colitis which is currently in remission, so I try to avoid any stressful situations.

Looking on the internet there seem to be many properties in northern towns ( Peterlee, Darlington inter alia) where it seems possible to buy a house for £25K to £40K.

Is there any reason for not selling my flat, then driving up north to look at purchasing a house up there. This would mean that I had a fully paid up home, and +£60K cash in hand on which to live until my state pension kicks in.

The PH bonus is that most of the roads appear to have plenty of on-street parking, so I could replace the Skoda Roomster with a more interesting car.

Rollin

6,119 posts

246 months

Friday 9th February 2018
quotequote all
25-40k up north will buy you a crap house in a sthole.

Yipper

5,964 posts

91 months

Friday 9th February 2018
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Living in a sh*thole estate where it rains every day is probably not gonna help.

Move to somewhere with year-round sun, like Portugal or Tenerife or Cyprus. Plenty of Brits to socialise with, plenty of vitamin D sunshine for the health, and plenty of cheap apartments to leave spare cash.

LaurasOtherHalf

21,429 posts

197 months

Friday 9th February 2018
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You will not be wanting to park an interesting car outside a £25-45K house up here. I agree with Yipper.

anonymous-user

55 months

Friday 9th February 2018
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Definite case of running up massive debts, selling up and legging it to goa/thaliand.

Or dealing being skint up north is not so attractive.

Equus

16,980 posts

102 months

Friday 9th February 2018
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Rollin said:
25-40k up north will buy you a crap house in a sthole.
This, unfortunately.

Wacky Racer

38,237 posts

248 months

Saturday 10th February 2018
quotequote all
Depends whereabouts you live of course but any terraced house half decent will set you back at least 100k in the North (Say Manchester area).

The East coast around Mablethorpe/ Skegness is quite a cheap area, but it can be cold in winter.

You may pick up a house for 50k, but it will either be a sthole or want a fair bit spending on it.

I've lived in the north & the south.

I prefer the north.

Ricky146a

307 posts

77 months

Saturday 10th February 2018
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I did exactly what you are thinking of.
I am a few years older than you and have my own health problems.

I bought a house at auction in Newbiggin - just north of Newcastle.
I have a sea view, detached stone cottage and completely refitted interior. I did this for about 70K so it is doable.
Recently I sold another refurbished house in the same town for 79K and was the subject of a thread on here.
Houses are available here for 40k and they are OK - Not ste like others are suggesting. You will probably need to do some updating but builders day rates round here are £80 to £100 and they work in all weathers unlike the southern softies!

Avoid Peterlee, Station Town or any of the neighbouring Co Durham towns like the plague. Yes, you can get cheap houses there but they are going nowhere and neither will you.
Look at Newbiggin-by-the-Sea, Ashington, Widdrington and surrounding areas. Avoid Blyth.

PM me if you want some further insights.

MYOB

4,822 posts

139 months

Saturday 10th February 2018
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With all due respect, if your flat is only worth £100K on the South coast, I suspect you live in a fairly deprived area such as Hastings, Dover or Folkestone etc.

What are you hoping to achieve by moving up North? Is this a way that you can live in a house? I suspect you're not happy with your current arrangement but I would be very careful about moving up North only to live in another deprived area, albeit in a house.

Previous poster (Ricky) shows it can be done but I would increase your budget and be selective about where you buy. I imagine there are some great places up North that are cheap but I would sell the flat and use that to buy a house in a nicer location.

Good luck.

JagBox

187 posts

154 months

Saturday 10th February 2018
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I would also consider the weather. If you live on the south coast you've got warm summers and mild winters. Up north I would suggest the climate is colder and wetter and the winters harder. Something to consider as you get older..

Too Drunk to Funk

804 posts

78 months

Saturday 10th February 2018
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South Wales?

I don’t know the place but cheaper houses and better weather.

Bill

52,939 posts

256 months

Saturday 10th February 2018
quotequote all
rayny said:
I'm really not liking my current work environment. My work is excellent but my work throughput is too low.

I'm not likely to get another post if I walk out of my current job. - Aged 59
What's the issue with work?

Do you have no other savings, pension etc? Have a look at the early retirement thread.

IMO you'll be even less happy in a bad part of an unfamiliar town. If anything I'd sell up and rent abroad until the money runs out then throw yourself at the state, but that is probably one for the "unpopular opinions" thread. hehe

rayny

Original Poster:

1,198 posts

202 months

Saturday 10th February 2018
quotequote all
Thank you for your comments so far.
The only reason this has crossed my mind is in order to retire early, without being a burden on the state (other than my medical requirements).
Outside of work I'm actually quite happy.
I wouldn't mind living in a house or in a flat, it just seems that in the northern towns there are more houses than flats for sale.



popeyewhite

20,043 posts

121 months

Saturday 10th February 2018
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Too Drunk to Funk said:
South Wales?

I don’t know the place but cheaper houses and better weather.
One major drawback though.

CountZero23

1,288 posts

179 months

Saturday 10th February 2018
quotequote all
My Aunt and Uncle did this, had a nice place in London and sold up to retire to the Scottish border.

They enjoyed it at first but as they got older they found being the other end of the country from their friends and family in an isolated village was a real struggle.

They did this at absolutely the wrong time and found themselves forever priced out of moving back down south.






andy43

9,753 posts

255 months

Saturday 10th February 2018
quotequote all
Yipper said:
Living in a sh*thole estate where it rains every day is probably not gonna help.

Move to somewhere with year-round sun, like Portugal or Tenerife or Cyprus. Plenty of Brits to socialise with, plenty of vitamin D sunshine for the health, and plenty of cheap apartments to leave spare cash.
Staggered to say it, but that post makes sense.
Lower stress, more sunshine, not sure on the medical side of it but that would be my move - a spanish bungalow.

popeyewhite

20,043 posts

121 months

Saturday 10th February 2018
quotequote all
Yipper said:
.... Plenty of Brits [who've moved from northern stholes ] to socialise with
Apologies for the edit.


Skyedriver

17,961 posts

283 months

Sunday 11th February 2018
quotequote all
Ricky146a said:
I did exactly what you are thinking of.
I am a few years older than you and have my own health problems.

I bought a house at auction in Newbiggin - just north of Newcastle.
I have a sea view, detached stone cottage and completely refitted interior. I did this for about 70K so it is doable.
Recently I sold another refurbished house in the same town for 79K and was the subject of a thread on here.
Houses are available here for 40k and they are OK - Not ste like others are suggesting. You will probably need to do some updating but builders day rates round here are £80 to £100 and they work in all weathers unlike the southern softies!

Avoid Peterlee, Station Town or any of the neighbouring Co Durham towns like the plague. Yes, you can get cheap houses there but they are going nowhere and neither will you.
Look at Newbiggin-by-the-Sea, Ashington, Widdrington and surrounding areas. Avoid Blyth.

PM me if you want some further insights.
WADR, Newbiggin must be on the up, It was rather John Wayne when I lived up there...
Have friends in Ellington and that still seems nice enough although the 400+ houses on the colliery site must mean big queues in the Top Shop.

There are some really nice areas of Northumberland and once out of the commuting zones, in areas where there is little nearby work then prices are lower, think towards the Scottish Borders etc But for 100K not sure.
The idea of moving abroad seems a good option the the somewhat illness hampered OP may benefit from better weather BUT if he needs regular healthcare then maybe not. Maybe somewhere in Cramlington/Annitsford/Dudley next to the new hospital would be a more obvious choice.

kambites

67,649 posts

222 months

Sunday 11th February 2018
quotequote all
Yipper said:
Move to somewhere with year-round sun, like Portugal or Tenerife or Cyprus. Plenty of Brits to socialise with, plenty of vitamin D sunshine for the health, and plenty of cheap apartments to leave spare cash.
I'm not sure moving to another EU country now would be a path of low stress given that there's a decent (some would say odds-on) chance he'd lose the right to live there in a year or so's time and be forced to come back to the UK anyway.

Ricky146a

307 posts

77 months

Sunday 11th February 2018
quotequote all
Skyedriver said:
WADR, Newbiggin must be on the up, It was rather John Wayne when I lived up there...
Have friends in Ellington and that still seems nice enough although the 400+ houses on the colliery site must mean big queues in the Top Shop.

There are some really nice areas of Northumberland and once out of the commuting zones, in areas where there is little nearby work then prices are lower, think towards the Scottish Borders etc But for 100K not sure.
The idea of moving abroad seems a good option the the somewhat illness hampered OP may benefit from better weather BUT if he needs regular healthcare then maybe not. Maybe somewhere in Cramlington/Annitsford/Dudley next to the new hospital would be a more obvious choice.
John Wayne? smile
Yes, Newbiggin was very iffy some years ago. It went from one of the main northern tourist destination when it had the mines and railway to a very depressed town with high levels of petty crime.
Move forward 20 years and it is now a very pleasant village/town with good road links and decent housing and a good beach. Ellington is only a few miles away and a good possibility.
Cramlington and area is pricey.
Good hospitals in the area including the new Northumberland one. Waiting times are almost zero whenever I have been with staff fighting to get at you!