In the property world, location means everything - it's the cornerstone of the asking price. But your decision to buy will be based on what the location means to you and how long you plan to stay there. Is this property going to be a stepping-stone to a larger home, or will you stay in into the foreseeable future? Are you buying to let a property in an area that will appeal to a particular type of tenants, such as students or business people? Think carefully about your needs and how they might change, how an area may change over time, and keep in mind possible resale values.
Before you start house hunting, you will need to draw up a list of features you will need from your new home, such as the number of bedrooms, size of kitchen, garage and study and garden. Always view a property several times before committing to a sale; there are many things that you will need to consider before buying, so don't feel pressurised into rushing your decision.