Where is a good area to invest in property in the UK?

[KTR]

I am looking to invest in a few smaller properties in the UK and would like to look a little further a field than Bournemouth/Poole as prices down here are very expensive. I like the idea of investing in a regenerating area which can offer good capital growth over a 5-10 year period.

Does anyone have any good tips?

David.

[Jasper Gilder]

Commercial property which is ripe for redevelopment, or a bond in a shopping centre in similar situation.

[billsnemesis]

I would suggest getting in touch with some commercial agents and talking about areas they see as being promising

But nothing beats personal research. Check out Estates Gazette, Property Week and any other commercial property press you can get your hands on.

Also bear in mind that for some years there has been more money seeking property than vice versa so sweet deals are thin on the ground. The best bet is to be well set up, get good agents and lawyers and then do a deal on the basis that you can move quickly

Email me off line if you want to chew the fat on this

[steviebee]

Rotherham

[rich25]

KTR, YHM

[stevieb]

insider knowledge - shrewsbery

[wwesty]

stevieb said:

insider knowledge - shrewsbery

.....doesn't include knowing how to spell it.......

[steviebee]

wwesty said:

stevieb said:

insider knowledge - shrewsbery

.....doesn't include knowing how to spell it.......

Maybe it's a different shrewsbury!

[BigAlinEmbra]

Last lot of residential surveys said Scotland was fastest growing, probably due to affordability as it's much cheaper than the rest of the uk!

You can get a 1 bed flat in Dundee for £30-40k.

[magic torch]

BigAlinEmbra said:

You can get a 1 bed flat in Dundee for £30-40k.

[wwesty]

steviebee said:

wwesty said:

stevieb said:

insider knowledge - shrewsbery

.....doesn't include knowing how to spell it.......

Maybe it's a different shrewsbury!

........maybe...........

[KTR]

Rich25, I have sent you an e-mail today.

[BigAlinEmbra]

magic torch said:

BigAlinEmbra said:

You can get a 1 bed flat in Dundee for £30-40k.

I think places in Fife or the falkirk area are the fastest risers, but I'm not so sure you'd get a decent letting market there.
At least Dundee has a decent student population so you'd not have much problem letting it out.
Dunno what rents there are, but I can't believe you wouldn't get £200-250 pcm.

[cardigankid]

Any of youse seen Dundee?

[ED965]

steviebee said:

Rotherham

Hi, why Rotherham, not really up and coming

[emicen]

Dundee being a hole would be the best explanation for that. Chav estates as far as the eye can see. Biggest hospital in scotland iirc, even though nowhere near as populated as Glasgow or Edinburgh

[tays27]

90% of all property in the market in Dundee is listed here;

www.tspc.co.uk

Remember the actual selling price will usually be between 20 to 35 percent above the asking price.

[B17NNS]

A lot of regeneration happening in Stoke at the moment. Just had some major works done on the road network too.

www.buttersjohnbee.com/

Check out the property auction section to see prices acheived.

Be careful though as a lot of the regeneration involves compulsary purchase and tearing down of old housing stock - you don't really want to buy one of those.