![]() ![]() The City is particularly well served, with 13.7 hospitals, GPs and dentists per 10,000 people.įrances McDonald, director of research at Savills, said “Older households have benefitted from the bulk of growth in housing wealth over the past decade, and now over-55s account for 75pc of all housing equity in the UK, according to our research. Average house prices are £1.7m in Westminster, £2.4m in Kensington and Chelsea, £930,000 in the City of London and a tad higher in Camden. Now Read: The truth about downsizing (from the couples who did it) Suburban Londonįor those with larger budgets who want to keep the excitement of living in the capital, inner-city boroughs such as Westminster, Kensington and Chelsea, the City of London and Camden rank highly for amenities like hospitals, GP practices and dentists, with excellent national and international transport links.īut there is an obvious downside. Let us know in the comments below, or email with details of where you downsized to – and whether you love or loathe where you ended up. London is overly represented, because of the number of amenities it offers in a relatively concentrated area.īut we also want to hear from you. Telegraph Money commissioned estate agent Savills to produce a leaderboard of England’s 25 best downsizing locations, ranking various factors such as the prevalence and distance to doctors, dentists and areas of outstanding natural beauty as well as, of course, house prices. The question is: where do you move to? Access to natural beauty and healthcare is top of many retirees’ list, as is being able to easily visit supermarkets and town centres. With the cost of running a household becoming increasingly onerous, downsizing to a smaller bolthole can be a great way of cutting costs and having more cash to spend in old age. But what happens when the children finally leave and retirement beckons?įor many, having a sizeable property in later life is more trouble than it’s worth. ![]() A house with lots of bedrooms, bathrooms and a big garden is perfect for raising a family. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |