Good areas to buy ultra cheap flat central London?
Discussion
Hello,
With prices crashing, thinking of keeping an eye out for a property over theis year/early next. See myself spending a lot of time working in central London over next 10 years or so, thus thinking of buying a flat there for the comfort and cost saving- but what areas would you recommend?
- ideally a 2 bedroom (so could rent one room out) if not then 1 bedroom or even a studio as would be a second place. Max budget would be less than £150k.
-safe (for london!) as maybe empty for periods.
-Short commute to any of the main stations which go to leeds (Kings Cross I know, but any other?).
Parking would be a bonus but not essential. Had a quick look on Kings Cross on RightMove and a 1 bedroom seems do-able, but anyone know any other?
With prices crashing, thinking of keeping an eye out for a property over theis year/early next. See myself spending a lot of time working in central London over next 10 years or so, thus thinking of buying a flat there for the comfort and cost saving- but what areas would you recommend?
- ideally a 2 bedroom (so could rent one room out) if not then 1 bedroom or even a studio as would be a second place. Max budget would be less than £150k.
-safe (for london!) as maybe empty for periods.
-Short commute to any of the main stations which go to leeds (Kings Cross I know, but any other?).
Parking would be a bonus but not essential. Had a quick look on Kings Cross on RightMove and a 1 bedroom seems do-able, but anyone know any other?
amir_j said:
Hello,
With prices crashing, thinking of keeping an eye out for a property over theis year/early next. See myself spending a lot of time working in central London over next 10 years or so, thus thinking of buying a flat there for the comfort and cost saving- but what areas would you recommend?
- ideally a 2 bedroom (so could rent one room out) if not then 1 bedroom or even a studio as would be a second place. Max budget would be less than £150k.
-safe (for london!) as maybe empty for periods.
-Short commute to any of the main stations which go to leeds (Kings Cross I know, but any other?).
Central London, sub £150k ?With prices crashing, thinking of keeping an eye out for a property over theis year/early next. See myself spending a lot of time working in central London over next 10 years or so, thus thinking of buying a flat there for the comfort and cost saving- but what areas would you recommend?
- ideally a 2 bedroom (so could rent one room out) if not then 1 bedroom or even a studio as would be a second place. Max budget would be less than £150k.
-safe (for london!) as maybe empty for periods.
-Short commute to any of the main stations which go to leeds (Kings Cross I know, but any other?).
You'll only get something with a very short lease.
Come back down planet earth mate !
You're looking at a 50% drop in prices imo to get one.
marctwo said:
You might get something in Elephant for that money. Still Zone 1.
Yeah but if you know The Comic Strip Presents, Mr Jolly Lives Next Door well, you'll also know their cocky rhyming slang for it :-Elephant and Castle, stick it up your....
Oh, and the data suggests that most nice places in central London haven't stopped going up. I know a nice single car garage that you might be able to get for £150k.
marctwo said:
You might get something in Elephant for that money. Still Zone 1.
great views...http://www.rightmove.co.uk/viewdetails-21023657.rs...
Well, my missus has a flat in Brixton and I do the trip from Leeds to London and back every week. Leaving Leeds at 15:40, as I do, and I'm in the flat at 18:30.
Takes less than 20 minutes from Brixton tube to Kings Cross, straight up the Victoria line, and you're guaranteed to get a seat on the way out because it's the end of the line. Might not sound spectacular but it makes the commute into central London a doddle.
Brixton is as 'safe' as anywhere... I wouldn't say I'm exactly ecstatic about the area but I've not seen a hint of any trouble there for the last year.
Less than 150k just isn't realistic for a 2 bedder though, even there.
Takes less than 20 minutes from Brixton tube to Kings Cross, straight up the Victoria line, and you're guaranteed to get a seat on the way out because it's the end of the line. Might not sound spectacular but it makes the commute into central London a doddle.
Brixton is as 'safe' as anywhere... I wouldn't say I'm exactly ecstatic about the area but I've not seen a hint of any trouble there for the last year.
Less than 150k just isn't realistic for a 2 bedder though, even there.
amir_j said:
Hello,
With prices crashing, thinking of keeping an eye out for a property over theis year/early next. See myself spending a lot of time working in central London over next 10 years or so, thus thinking of buying a flat there for the comfort and cost saving- but what areas would you recommend?
- ideally a 2 bedroom (so could rent one room out) if not then 1 bedroom or even a studio as would be a second place. Max budget would be less than £150k.
-safe (for london!) as maybe empty for periods.
-Short commute to any of the main stations which go to leeds (Kings Cross I know, but any other?).
Parking would be a bonus but not essential. Had a quick look on Kings Cross on RightMove and a 1 bedroom seems do-able, but anyone know any other?
No.With prices crashing, thinking of keeping an eye out for a property over theis year/early next. See myself spending a lot of time working in central London over next 10 years or so, thus thinking of buying a flat there for the comfort and cost saving- but what areas would you recommend?
- ideally a 2 bedroom (so could rent one room out) if not then 1 bedroom or even a studio as would be a second place. Max budget would be less than £150k.
-safe (for london!) as maybe empty for periods.
-Short commute to any of the main stations which go to leeds (Kings Cross I know, but any other?).
Parking would be a bonus but not essential. Had a quick look on Kings Cross on RightMove and a 1 bedroom seems do-able, but anyone know any other?
We are currently here:
This is the point where there are only really two distinct types of buyers, those who have no choice and spastic losers.
The best course of action is to wait for this:
This is the choice of champions and lucky people.
What you basically need to ask yourself is whether you are a champion or a spastic loser.
Vesuvius 996 said:
Horse_Apple said:
What you basically need to ask yourself is whether you are a champion or a spastic loser.
I am SO using that in my next meeting.Gassing Station | Business | Top of Page | What's New | My Stuff