I've been looking to buy my first house for about 6 months now. I was all set up to buy a 2 bedroom repossessed property for an absolute bargain, but I was gazumped. After said gazumping I thought, no great loss. Plenty more will be along. They haven't. Everything I've seen since that house has been smaller, in a worst location, and more expensive! (35k more expensive in most cases!) It's pi*sing me right off.
It was a 2 bedroom place. One of the bedrooms had a en suite bathroom and was strangely huge. You could have fitted about 4 double beds in there with plenty of space left and it wouldn't even look strange. I was hoping to rent that room out for a tidy sum. It also had a second bedroom about half the size, a very large lounge, new bathroom and a reasonable sized kitchen. I really wish I'd put in a higher offer now.