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First time buyers in Coventry can sometimes rush into buying their first home and forget about factors that may seem obvious, such as education and transport links. Whereas people looking at moving house in Coventry may have learnt from their previous home and realised where to look next.
If you’re on the hunt for the next place to call home, then there are some key factors to consider. Here is our list of the top 10 things to help you to decide where to live.
Depending on what type of lifestyle you want, urban or rural living can be a big difference. Do you enjoy the hustle and bustle of the city? Or do you prefer strolling along woodland trails?
There are certainly pros and cons to both lifestyles, but you need to decide which is right for you.
If you’re commuting to and from a specific place of work, transport links will be something you need to suss out because it can, for many people, make or break how happy you are with the property in the long-term.
Is there a central public transport interchange or motorway access nearby? How long will your commute take
Working these things out will give you an idea of what kind of work-life balance you can expect.
If you have kids, or plan to in the future, then being within the catchment zone of a great school, or a choice of schools, is something you might want to bump up your priority list. The best place to look is on local authority websites or school league tables to discover which are the best schools in an area.
Although you need to look at the amenities in the area, you need to prioritise.
Maybe you want a park for the kids? A gym on your route home? A bank within walking distance?
Whatever is important for you, make sure you find out where these things are in relation to the properties you are considering. To do this, you could use Google Maps, but if something isn’t showing up, speak to the Estate Agent.
How near to friends and family and family do you want to be?
Some people love being close to friends and family so that they can help each other out. Others prefer their own space and want to keep them at arm’s length. Either way, it’s worth roughly mapping this out.
Prices of similar or equivalent houses vary from location to location. If you’re looking to get the most for your money, then it could be worth looking somewhere that’s a little cheaper.
However, be aware that this might mean a compromise on some of the other factors.
If you want to live in a close-knit community, spend some time researching different locations. You’ll likely find all the information you need through a dedicated local website or Facebook group. Sometimes visiting the area, even for a short time, can give you a real sense for a place.
You might be moving because of your job. But if you’re going to be job hunting once you move, do some basic research beforehand. Look into the locations of business parks or where the big employers in your industry are located.
There are plenty of different styles of property available nowadays. So if you don’t know whether you’d prefer an end terrace with a nice garden, or a modern, urban apartment, check out different options and try to work out if you could see yourself living them.
If you’re planning to stay in your new home for a while, then it’s worth researching if there is any planned investment in the local area. If there is, make sure this is going to benefit you.
Also, be aware that these developments might already be accounted for in the current valuation, so will you see the benefits in the long-term?
We know this list is short, but we hope that it has helped point you in the right direction what to look for when choosing where to live.
Date Last Edited: December 6, 2023
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Authorised and Regulated by the Financial Conduct Authority.
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Coventrymoneyman.com & Coventrymoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 10 Consort Court, Hull, HU9 1PU.
Authorised and Regulated by the Financial Conduct Authority.
We are entered on the Financial Services Register No. 627742 at www.register.fca.org.uk
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