From exquisite classic country homes to cosy two-bedroom flats in London, there seems to be a wide variety of properties you can buy for a million pounds.
There was a time not long ago when a home worth a million was rare and reserved solely for London. However, this has drastically changed nowadays as spending this amount of money doesn’t seem like a serious venture.
The UK now boasts a staggering amount of properties worth £1 million, as sales have almost tripled in the past five years. For the first time, it seems that more than half of these homes are based outside of London, according to data gathered from the Land Registry.
Buying a house worth a million pounds can be stressful when you are trying to find the right property that fits all your needs — the sizes of these expensive homes will vary dramatically according to areas, therefore considering what your requirements are is a key element of finding your perfect property.
Whether you are purchasing your first or second home, you will need to consider stamp duty. Any property over the amount of £125,000 will require tax to be paid and this will only increase according to where you move to and the value of the property. If you would like to be aware of the rate you will be taxed, then we suggest you take a look at a stamp duty calculator. And if you are buying the property to let it out as a holiday rental then you will want to take a look at some specific holiday let mortgages to ensure you are getting the right deal for you.
Once you have analysed the specific requirements that you are looking for, you can start narrowing your search. Searching for a property is a difficult task and one that shouldn’t be taken lightly, thereby to help relieve some stress, we have found 4 of the best £1 million properties currently for sale in the UK on leading property website Yopa.
Dewar Street, London, SE15
In the vibrant district of Peckham, you will come across this hidden gem. A four double-bedroom Victorian terrace in one of the most quirky areas in London is a once-in-a-lifetime opportunity, and undoubtedly, someone lucky will be quick to own it.
A short walk from Lordship Lane, this property offers a cosy atmosphere comprising of 1,300 square feet — perfect for a family home. The previous owners have designed this property to have a focus on family life, which is evident when taking a look at the expansive lounge that features a Defra-regulated wood burning fireplace.
The four bedrooms are incredibly spacious and the outdoor garden area can be used as an excellent backdrop for parties and barbecues throughout the year.
This property has a vibrant and eccentric feel to it and situated near diverse restaurants, bars and shops, this house seems to hit the jackpot for anyone who is looking to live near the centre of London.
Lyndhurst Avenue, London, NW7
Located within a walking distance of Mill Hill station, this enchanting semi-detached family home is perfect for anyone wishing to relocate close to the capital.
This 1930’s property has four spacious bedrooms perfect for the family. Featuring charming fixtures such as the working wood fireplace in the living room and a lovely rear garden offering a generous amount of area — perfect for lounging in the summer months.
The house also features independent gas-fired central heating and there is planning permission if you wish to extend the house further in the loft space. Anyone living here will only need to walk a short walking distance to reach the shops — what more do you need?
Forest Edge, Buckhurst Hill, IG9
Nestled in the sought-after location of Forest Edge, this charming five-bedroom family home offers generous living accommodation.
This beautiful semi-detached property has original and contemporary features, such as the glamorous staircase that welcomes guests as soon as they walk through the front door.
With three floors, this home offers approximately 2,600 square feet of space comprising of five bedrooms, two reception rooms, two bathrooms, kitchen and dining room, as well as a spacious garage and a generous ground-floor cloakroom — the ideal space for all your possessions.
Perfect for anyone who is commuting to London, this exquisite home is in close vicinity to Central line stations, as well as being in walking distance to Queens Road, where you can visit its various local shops and outstanding boutiques. If you are also looking at the level of education, then no need to worry as the area is known for its marvellous Ofsted Local Education.
Oakfield Close, Stockport, SK7
For anyone wishing to be in the northwest of England, we have found the ideal property for you in Stockport — only 7 miles southeast of Manchester city centre.
Leading up to the property, you will find a large driveway fit for four cars and an integrated double garage. This incredible home features five spacious bedrooms with four refitted en suites, as well as a family bathroom and two dressing rooms.
With exquisite landscaped private gardens, this home offers an excellent sized reception hall, a glass galleried landing and a cloakroom. Within the vicinity, you can find excellent transport with links to Bramhall Rail Station into Manchester city centre.
Taking into account the features and accessibility discussed throughout this list of properties, we consider that these million-pound homes are perfect for individuals or families wishing to relocate and start a new chapter in their lives.