11 properties you can bag with a £500,000 budget

This much-loved Victorian Gothic cottage in Cambridgeshire is looking for a new owner. Photo: Fine & Country
This much-loved Victorian Gothic cottage in Cambridgeshire is looking for a new owner. Photo: Fine & Country

Half a million pounds is a lot of money but when it comes to finding a home, it will get you a lot more bricks and mortar in some parts of the UK than others.

From sleek apartments to chocolate-box cottages and larger houses, we’ve sourced some of the best homes available with £500,000 to spend.

1. By Brechin, Angus, offers over £490,000

You can get over 3,200 square feet of living space for under £500,000 with this Scottish home. Photo: Savills
You can get over 3,200 square feet of living space for under £500,000 with this Scottish home. Photo: Savills

Four-bedroom South Ardo Farmhouse dates from around 1890 and has been extended and substantially upgraded in recent years.

Work included rewiring, replumbing, installing a new central heating system, kitchen and bathrooms and adding a sun room, while preserving original features such as fireplaces, cornicing and panelled doors.

It boasts over 3,200 square feet of living space, nearly an acre of garden and lovely views. Through Savills

2. Chiswick, London W4, £495,000

This riverside flat has views over the River Thames. Photo: River Homes
This riverside flat has views over the River Thames. Photo: River Homes

A bright top floor flat in an Art Deco development next to the Thames.

All rooms open off the hallway, and comprise a spacious reception room that looks out over the water, two double bedrooms with fitted wardrobes, a kitchen and bathroom.

There’s a residents’ garden and Strand-on-the-Green’s ancient riverside pubs are in walking distance. Find out more from River Homes.

Read more: 9 property conversions that stand out from the crowd

3. Chitterne, Wiltshire, £495,000

You could bag this Wiltshire home for under £500,000 and, as it's heated via an air source heat pump, running costs are likely to be low. Photo: Myddelton & Major
You could bag this Wiltshire home for under £500,000 and, as it's heated via an air source heat pump, running costs are likely to be low. Photo: Myddelton & Major

Once two farmworkers’ cottages, this four-bedroom property on Salisbury Plain has just been rebuilt and refurbished.

An extension has opened up the living space, and it’s very well insulated and heated via an air source heat pump so running costs are likely to be low. For further information contact Myddelton & Major.

4. Shirley, Solihull, West Midlands, £495,000

This property is well located for commuting into Birmingham. Photo: Burchell Edwards
This property is well located for commuting into Birmingham. Photo: Burchell Edwards

This extended semi-detached house is in an upmarket suburb convenient for commuting into central Birmingham.

Decorated in a relaxed, country style, it consists of three first floor bedrooms, a family bathroom, a through living room, a Shaker-inspired kitchen, a ground floor shower room and a study that doubles as a fourth bedroom. Via Burchell Edwards.

5. Winterbrook Meadows, Wallingford, Oxfordshire, £499,500

This Oxfordshire home has excellent eco-credentials. Photo: Berkeley Group
This Oxfordshire home has excellent eco-credentials. Photo: Berkeley Group

Due to complete at the beginning of 2025, this three-bedroom, two-bathroom house is in a new and very friendly neighbourhood.

A spacious open plan living/dining room leads out to the garden, and there’s a kitchen at the front, a laundry cupboard and downstairs cloakroom.

Excellent eco-credentials are enhanced by roof-mounted solar PV panels to generate electricity. Contact Berkeley Group.

Read more: 12 incredible coastal homes that are making waves

6. Ashford Hill, Hampshire, £500,000

This cute cottage features a thatched roof, timber beams, and an inglenook fireplace. Photo: Strutt & Parker
This cute cottage features a thatched roof, timber beams, and an inglenook fireplace. Photo: Strutt & Parker

With its thatched roof, timber beams and gorgeous garden, Grade II listed Cherry Cottage could hardly be more charming.

A living room complete with inglenook fireplace and woodburning stove, a galley kitchen, a study/library room and bathroom are on the ground floor, and you’ll find two bedrooms up in the eaves, and a useful store room outside. Get in touch with Strutt & Parker.

7. Horsley, Northumberland, £500,000

Though traditional in appearance, this cottage is thoroughly modern inside. Photo: Finest Properties
Though traditional in appearance, this cottage is thoroughly modern inside. Photo: Finest Properties

Traditional in appearance, this four-bedroom cottage has been converted from a farm building and is thoroughly modern inside.

The sitting room, dining room, kitchen and cloakroom all lead off the long hall, and three of the bedrooms are doubles.

Newcastle city centre is only 10 miles away. On the market through Finest Properties.

Read more: 10 homes geared up for outdoor entertaining

8. Ramsey, Huntingdon, Cambridgeshire, £500,000

This Cambridgeshire cottage is in a tranquil location at the entrance of a now unused cemetery. Photo: Fine & Country
This Cambridgeshire cottage is in a tranquil location at the entrance of a now unused cemetery. Photo: Fine & Country (FRANCIS AMBLER - +44(0)7490130649)

When the seller of this Victorian Gothic three-bedroom cottage bought it 18 years ago, it had been empty for a while and in need of care and attention. She redecorated, restored the woodwork, opened up the sitting room fireplace and installed a kitchen range, creating an inviting and comfortable home.

It’s in a very tranquil spot, located at the entrance of a now unused cemetery. For sale through Fine & Country.

9. Oakmere Hall, Oakmere, Cheshire, £500,000

You could bag an apartment in Grade II listed mansion Oakmere Hall for £500,000. Photo: Freshphoto.co.uk
You could bag an apartment in Grade II listed mansion Oakmere Hall for £500,000. Photo: Freshphoto.co.uk

French Baronial-style Oakmere Hall was designed by John Douglas, an architect behind over 500 buildings in Wales, Cheshire and the North West.

In 1990 the Grade II listed mansion was converted into eight luxury apartments, including this huge first- and second-floor duplex, incorporating a 35-foot bay-fronted kitchen/living/dining room, a study, three bedrooms and two bathrooms plus outstanding architectural features. Through Gascoigne Halman.

10. Pembroke, Pembrokeshire, £500,000

This six-bedroom property also comes with a separate one-bedroom cottage. Photo: John Francis
This six-bedroom property also comes with a separate one-bedroom cottage. Photo: John Francis

Eaton House is located on the town’s historic Main Street, close to Pembroke Castle.

Currently operating as a B&B, it’s spread over three floors and has six bedrooms, five bathrooms and two reception rooms.

A one-bedroom cottage, tucked away at the end of the beautifully-maintained garden, provides further accommodation. For sale via John Francis.

11. Port Isaac, Cornwall, £500,000

This home is located in the Cornish fishing village where TV’s Doc Martin was filmed. Photo: John Bray Estates
This home is located in the Cornish fishing village where TV’s Doc Martin was filmed. Photo: John Bray Estates

This delightful cottage is moments from the harbour of the picturesque fishing village where TV’s Doc Martin was filmed.

Original beams and slate floors have been retained in the open plan kitchen/living area, and three bedrooms and a bathroom occupy the first floor.

The soft neutral shades used throughout give the house a calming, off-duty feel, and most of its contents are included. Contact John Bray Estates.

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