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Picking the best place to spend your golden years

Ever wondered where your city places?
   Hannah Caton  |  written on: 08-08-2019 14:30pm

It’s something many of us daydream about, regardless of how far away it might be. Retirement is a topic of discussion in workplaces across the UK every Monday. Imagining choosing between a little sea-side cottage or an elegant Georgian townhouse in the Lakes is a great way to while away the time. But if you fancy putting a factual basis behind the daydreams, we have some information.

Profile Pensions has conducted a study to analyse the best location for the average Brit to spend their golden years. Their metrics monitors everything from sports clubs and cinemas to low crime rates and affordable prices. We’ve listed the five cities that came out on top below.

The top five are:

1.       Plymouth

With a significant selection of 40 nearby parks, affordable homes (only £130,000 for a retirement home), and proximity to the sea, it has a lot to offer anyone. That cottage by the sea might not be as impossible as you’d thought.

2.       Southampton

Despite a comparative lack of bingo halls, Southampton makes up for it with the highest density of cinemas and pubs throughout major cities in the UK. And local housing is only £208,160 on average – making it one of the cheaper options in the UK.

3.       Nottingham

The average Nottingham retirement home costs only £159,950, and while Nottingham doesn’t quite have the highest density of golf courses in the UK (that title goes to Bristol), with 8 available it’s one of the best places to go if you’re likely to want to spend your time on the green. 

4.       Cardiff

Cardiff has the least affordable homes of the top five, with the average house price at £212,508. But with a steady mix of golf courses, cinemas, and parks, the only thing lacking is a selection of lawn bowls courses, for which it fares poorly.

5.       Derby  

If you’re looking for a retirement home that’s truly affordable, the median price in Derby is just £72,475! Match that with the low crime rate and you have a winning combination.

On the other hand, at the bottom of the list sits London (unsurprisingly). Although it may have the highest number of pubs and cinemas, that’s about all it has going for it. Just looking at the average house price of £471,604 is enough to make us age a few years.

So there you have it! If you’d like to see the full list, it’s available here.

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Hannah Caton

Hannah is the online writer for KBBArk, providing the latest scoop on all things interior. She's always on the lookout for the latest trends and most beautiful re-designs.