Debate House Prices


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Where to Invest?

I think this section is probably more appropriate.


Following on from my last thread, if I don't buy in Bucks then I am considering buy an investment property. Where do you think has good potential for upside in terms of growth and/or rental income?

I quite like the Forest Gate area in London as I think with the crossrail and the potential of the actual houses and area, the prices could go up quite significantly over the next 5 years.

Comments

  • princeofpounds
    princeofpounds Posts: 10,396 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Greece.


    More seriously, I think crossrail is pretty well-understood these days. Personally I'd be looking to get a cheap(er) piece of land with development potential near a neglected Crossrail 2 location.
  • ging84
    ging84 Posts: 912 Forumite
    Part of the Furniture Combo Breaker
    Dubai
    there was some bbc news special about property in Dubai a few weeks ago, plenty of people dressed like they know what they are talking about saying it's a great place to invest.
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    Something I've learned from my own dabbles is to stick with an area I know and that is convenient for me (not too far from my work). That's not to say you cannot buy in other areas but with most property I find I end up there for many weeks doing it up - there's always a thousand things to do, even silly things like taking a final meter reading.


    Longer term in retirement I don't want to be more than say about 40 minutes from home by car.


    If I were to buy further afield I'd go for something new / good as new.
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