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Downsizing: Life is for living

February 27th 2017
By: Melanie
Downsizing: Life is for living

If you like many other people 55 plus in the UK have found yourself in a property that is way too big for your needs then you won’t be alone. Empty nest syndrome is a common side effect of being left in a larger than necessary sized house, once the children have left to go to University. Which can lead to the dilemma of whether to hold onto the cherished family abode, one that holds so many treasured memories or to let go and buy a smaller property.

One important thing is not to rush into a decision, unless your move is financially motivated. Although it’s also just as important not to delay a decision for too long, as if you are thinking about moving later on in life then it’s always best to make the move before you get into your 80’s, as people in this age category can find the process too overwhelming and find themselves stuck in a house which is too big and too expensive for their needs.

One thing that seems to be a common thread when people think about downsizing is the lure of a better quality of life – whether it’s having more money to go to restaurants, travelling, giving money to their children so that they can get onto the property ladder, or all three. So it’s important to write a list of things you would like to achieve by downsizing, with goals and objectives, crossed off against how much your property will achieve minus moving costs and how much you need to spend to buy a new house – make sure you set a budget and stick to it – many people find themselves being carried away by a property which exceeds their budget, leaving them with a new house with little of the benefits downsizing can bring.

Many people looking ahead want to be within walking distance of local amenities such as pubs, restaurants, doctors, cafés or bars, with enough money left over to not have to worry about paying the bills – which will also be normally greatly reduced by downsizing to a smaller house.

If you are thinking about downsizing to a smaller property then Intercounty Royston has this two bedroom, freehold bungalow which comes with a beautiful, but manageable garden surrounded by mature trees. It is located in the sought after South Cambridgeshire village of Whaddon. It’s also set back from the road the front of the property over looks a green and further overlooks fields. EPC Band F. Guide Price: £250,000.

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Features include:

  • EPC Band F
  • Freehold
  • Two Bedrooms
  • Front And Rear Gardens
  • Village Location
  • Oil Fired Central Heating
  • Garage
  • Countryside Views

For more information or to arrange a viewing please follow this link  or call Intercounty Royston on: 01763 242528.

Readers also might be interested in:

What to consider when thinking about downsizing

Downsizing: Is your home too big for your needs?

The benefits of downsizing

The advantages of downsizing