London starter homes for under £350k in these top first-time buyer postcodes
Being a first-time buyer in London can seem overwhelming but you don’t need a massive budget to move into a thriving, up-and-coming location.
Research by Savills for Homes & Property has shown that, armed with a budget of £300,000 to £350,000, it is possible to buy in dozens of postcodes.
Some, it must be admitted, are cheap for good reason.
But others offer a combination of brilliant lifestyle, transport links and the possibility of capital growth.
Hanwell, W7
- Average price: £320,000
- Deposit: £48,000
- Monthly repayments: £1,604
- Minimum household income: £71,111
At the start of the pandemic, Jessica Bynoth and Oli Silver found themselves squeezed into a cramped one-bedroom flat in Queen’s Park, desperate for more space.
Despite years of saving for a deposit they couldn’t afford to stay local but wanted to remain in west London.
“I had never heard of Hanwell, but Oli loves to
