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Why is property in margate so cheap to buy?

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  • mrcow
    mrcow Posts: 15,170 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Last time we went to Margate, I didn't even get out of the car it was so bad.

    Over the years, we've often gone down there - the beach really stinks these days (of detritus), litter everywhere, places closed down and there is absolutely NOTHING to do there these days.

    It's criminal really. We grew up visiting there in the 70s - it was going downhill back then, but seriously, the council and locals should be ashamed of what they've allowed their town to become. I certainly wouldn't be in a rush to join them.
    "One day I realised that when you are lying in your grave, it's no good saying, "I was too shy, too frightened."
    Because by then you've blown your chances. That's it."
  • Running_Horse
    Running_Horse Posts: 11,809 Forumite
    Part of the Furniture Combo Breaker
    00ec25 wrote: »
    Psizer in Sandwich
    Pfizer in Sandwich are slowly shutting down and withdrawing. At first it was just production, but now even the research scientists are on the way out. There is no future there.
    Been away for a while.
  • CarineG
    CarineG Posts: 157 Forumite
    mrcow wrote: »
    Last time we went to Margate, I didn't even get out of the car it was so bad.

    Over the years, we've often gone down there - the beach really stinks these days (of detritus), litter everywhere, places closed down and there is absolutely NOTHING to do there these days.

    It's criminal really. We grew up visiting there in the 70s - it was going downhill back then, but seriously, the council and locals should be ashamed of what they've allowed their town to become. I certainly wouldn't be in a rush to join them.


    If they haven't go the funding, they can't improve the area... sadly :(
  • Browntoa
    Browntoa Posts: 49,604 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Dreamland trust have got a load of funding to re-open as a heritage ride park

    http://www.savedreamland.co.uk/

    you hope that once it opens and the turner place is open then things MAY turn around down there
    Ex forum ambassador

    Long term forum member
  • CarineG
    CarineG Posts: 157 Forumite
    Browntoa wrote: »
    Dreamland trust have got a load of funding to re-open as a heritage ride park

    http://www.savedreamland.co.uk/

    you hope that once it opens and the turner place is open then things MAY turn around down there


    That would be great, Margate needs something like that to attrack kids and their parents to the area.
    If only they got rid of these arcades along the beach. Imagine what the place would be like if you had nice coffee shops/food places along the sea front. Okay, they wouldn't do well in winter but it would be a plus to the town in summer.
  • pingu2209
    pingu2209 Posts: 246 Forumite
    If you're looking for cheap and not too upmarket in Kent then consider Sittingbourne. Lots of ugly new builds keep the prices low. If you want to be near the seaside then see what you can afford in Whitstable. If cheap proximity to London is important then look at Medway (Rochester being the best of a bad bunch). Personally, I would have chosen Faversham for a small market town, but didn't get a job nearby. Canterbury is overpriced and full of students. If you want a village near a train station then search Rightmove within a mile of Longfield, Farningham Road, Higham, Lenham, and Staplehurst. No doubt there are many others to choose from.


    The medway towns are horrible. If Kent is the garden of england, then the medway towns are that bit of the garden where you dump all your rubbish!
  • Running_Horse
    Running_Horse Posts: 11,809 Forumite
    Part of the Furniture Combo Breaker
    I mentioned it as being cheap and commutable for London, with a suggestion for where to start looking. No doubt you can suggest something better and affordable?
    Been away for a while.
  • sunshinetours
    sunshinetours Posts: 2,854 Forumite
    I mentioned it as being cheap and commutable for London, with a suggestion for where to start looking. No doubt you can suggest something better and affordable?

    South East Essex near Southend to London Liverpool Street or Fenchurch Street railway line links.
    Much closer to central London and coastal prices in certain areas are probably comparable to areas like Ramsgate (probably not as cheap as Margate admittedly)
  • We moved this way two years ago and now live in Broadstairs. We were in a nice part of Brighton beforehand and don't miss it. My son turns two next month. We have a reasonable house and garden. He can go outside when he wants to. We have beaches, parks etc. At the risk of sounding like a tourist rep we love it down here. Broadstairs is great, parts of Margate are improving. What we lack is a definable industry to provide jobs and lift the area out of its depressed state. I can afford my mortgage, give my son a good start and put some money in the bank. Having worked and commuted to London, I really do prefer my new life. And besides, there isn't a single bloody starbucks anywhere near here.
  • downshifted
    downshifted Posts: 1,166 Forumite
    Part of the Furniture 500 Posts Name Dropper
    We are buying in Kingsgate in Broadstairs next month. We would have bought a property in Westbrook but couldn't agree a price. The beaches look lovely, there is good access to main stream shops in the shopping centre and individual shops in the towns. We are semi retired so not so worried about work - would just like part time jobs. House prices are reasonable and there is some hope of improvement in the area - Ramsgate is already much improved and was tipped as a property hot spot ages ago for when the fast train service arrives and Margate has the Turner gallery under construction and will be trying to improve.

    We have chosen this area over North Devon where we are renting now because it will be drier (it seems to have rained constantly in N Devon since we moved here) it is easier to get to places - via Gatwick Heathrow and Dover and it is closer to our family. Lots happens in the summer months - and Broadstairs is a quaint old place

    Will let you know in a year or so if it was a mistake!
    Downshifted

    September GC £251.21/£250 October £248.82/£250 January £159.53/£200
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