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Debate House Prices
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I'm trying to get a B2L in Liverpool - competition is fierce!
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shortchanged wrote: »OR
they think you are full of sh*t
OR
they have gone out of business themselves.
OR
This is just a made up story and should be ignored."Beware of little expenses. A small leak will sink a great ship." - Benjamin Franklin0 -
Ooh, you lot are a friendly bunch aren't you?"fools and fanatics are always so certain of themselves, and wiser people so full of doubts." (Bertrand Russell)0
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Same in Coventry/Birmingham, 2 bed houses for investment are being snapped up straight away, my dad offered 95k on a house listed at 99k and it got rejected as someone had offered the asking price on the 2nd day of it being on the market! And this has happened to him many times.
I am currently looking in London and flat/apartment prices are just going up and up (iv been waiting for 4 yrs thinking they will fall) but there is so much demand for anything half decent. Barrat Homes in a new development they are building in Hendon have already sold 70% of flats....and the development hasnt even started yet and wont be finished till Autumn 20130 -
Sadly rightmove only allows you to search for up to 1000 houses at once. Looks like Liverpool/Coventry/Birmingham are single handidly support the whole UK property market.
Or the OP could be talking brown sauce.
William Hill have 20-1 on the first, but have stopped taking bets on the second option.0 -
Sadly rightmove only allows you to search for up to 1000 houses at once. Looks like Liverpool/Coventry/Birmingham are single handidly support the whole UK property market.
Or the OP could be talking brown sauce.
William Hill have 20-1 on the first, but have stopped taking bets on the second option.
Right move doesnt filter according to how desirable the property is, the houses i was talking about are all 2 bedroom, close to the city centre and train station and also near a major hospital and factories/shops bringing lots of demand from new workers, especially eastern european who make up most my dads tenants.
Rightmove will give you properties in the sticks which are 3/4 bedrooms + in areas with no economy or public services.0 -
For that yield, surely you would want some capital growth potential......in Kirby????I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0
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For that yield, surely you would want some capital growth potential......in Kirby????
I'm only concerned with income yield.
Capital growth if ever realised will attract CGT, and whilst there are some easments and so fourth, in the main I'd still end up with a higher marignal rate of Tax, so I don't ever think I'll be selling. Why sell anyway? I'd still have to re - invest for another income source.
If anyone hcan suggest any other potential high yield, lowish price locations closer to the South, I'm all ears. Wiltshire / Suffolk etc? Competetion is fierce in the high yield parts of Liverpool it seems so I cant be certain of sucess, may as well keep options open, I'm in no hurry.0 -
Assuming your genuine in your OP, have you concidered Wallasey? It has good links with Liverpool (a tunnel) and I believe it has properties that meet your basic needs.YNWA
Target: Mortgage free by 58.0
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