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08 Nov 09
07:41
Joined:
Date Joined:
22 Oct 09
Well bedsit to be fair. can't believe how cheap it is. less than 10 mins walk from the train station, and 30 mins on a train to central london. unbelievable.
How much does it cost to put in a wc and a couple of basins? one grand?
I've organised a viewing for tomorrow, could put maybe 10k down and if i got work contracting could buy the whole fkin thing in one year. a mortgage would only be 110ish a month.
Anyone know of any potential sticking points?
1. High maintenance/ground rent etc
2. living next door to undesirables/junkies/dealers etc i used to live on down's road, (in fact someone once threatened to slice my neck there) and it wasn't brilliant, but it certainly wasn't the worst - nothing like marsh farm or hackney.
3. might've overstretched myself here, 1 and 2 are the only concerns i have atm.
How much does it cost to put in a wc and a couple of basins? one grand?
I've organised a viewing for tomorrow, could put maybe 10k down and if i got work contracting could buy the whole fkin thing in one year. a mortgage would only be 110ish a month.
Anyone know of any potential sticking points?
1. High maintenance/ground rent etc
2. living next door to undesirables/junkies/dealers etc i used to live on down's road, (in fact someone once threatened to slice my neck there) and it wasn't brilliant, but it certainly wasn't the worst - nothing like marsh farm or hackney.
3. might've overstretched myself here, 1 and 2 are the only concerns i have atm.
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Anyone know of any potential sticking points?
Luton |
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that was covered in point 2 luddite.
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Cr@p Towns II - The Nation Decides 2004
THE 10 WORST TOWNS 1-Luton 2-Windsor 3-Sunderland 4-Glasgow and Edinburgh 6-Clapham 7-Bath 8-Nottingham 9-Corby 10-Middlesbrough |
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I agree with Ludd... It's LUTON
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Luton's alright.
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as it happens, down's road is right close to the police hq and the madge court.
safe as houses. |
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reckon so long as you do it up and make it look smart you could get 300/month for it = 12% yield.
surey it would be worth at least 40k if you made it look smartish. (unless there are squatters junkies next door. might have to gas them out) |
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are you looking to live there or rent it out?
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Luton
Dismal large town about 30 miles north of English capital London. Very, very, very grey. Concrete is in fashion here. Divided into "poor bit" where most of the chavs live, and "Slightly less poor bit" where the pseudo-middle-class chavs live. Luton is unbelievably dull, containing about four decent drinking/entertainment establishments. The rest of the town is coated with **e buildings containing **e nightclubs with **e music and**my patrons. If you come seeking fine cuisine then be sure to avoid most of the town, and focus most of your energy on finding one of our two fine restaurants (If you don't like Indian or Thai, you're boned). Alternatively you could visit one of our many Burger King or McDonalds "restaurants" and share greasy cow rectum burgers with our population of frequently drunk and often amusing "street folk." Keep in mind that if they approach you, you DON'T HAVE ANY SPARE CHANGE. If you want somewhere to stay, I hope you like concrete and mysterious smells. Luton: You'll come for the sights, you'll stay because you're dead. Urban Dictionary |
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Is it structurally sound?
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Luton, or the flat
You're talking about the birthplace of Vaughan Savidge, announcer , so be respectful. |
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sparky:
live there first. at moment spending fifty quid rent and 37 on travel every week. working for counci, so if i live in luton can rack up loads of flexi time hours and have lots of time off and save nearly 350 quid a month. would only fancy slumming it there for a short time to get it looking smartish, then could go smewhere better. my salary is sh.ite atm (was getting 4 times as much during the boom years), the hope is that i can get contractig work in london sometime next spring onwards and can buy something much better. 29950 is a steal imo. |
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:D
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positively4thsteet, when i bought a house in Bletchley some years ago, i phoned the local cop shop and asked what the street/area was like, was it high crime/drugs area?
Told me it was ok, a nice quiet place, which it was. Might be worth you doing the same? |
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might do that yer man.
i lived on that road once though - up the top end where it is a bit rougher. this place is closer to the town end. there's a fekkin ballet school at the town end. It was not over run with ethnics either. it's not exactly the bronx. i know luton isn't great, but not all of it is sh.it. marsh farm i wouldn't touch with a barge pole admittedy. |
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Buy it IMO, value is only gonna go up.
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forgot the link
http://www.rightmove.co.uk/property-for-sale/find.html?searchType=SALE&locationIdentifier=REGION%5E876&insId=2&radius=0.0&displayPropertyType=&minBedrooms=&maxBedrooms=&minPrice=&maxPrice=&retirement=&partBuyPartRent=&maxDaysSinceAdded=&_includeSSTC=on&sortByPriceDescending=false&primaryDisplayPropertyType=&secondaryDisplayPropertyType=&oldDisplayPropertyType=&oldPrimaryDisplayPropertyType=&oldSecondaryDisplayPropertyType=&newHome=&auction=false&x=126&y=14 |
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glad you said that sparky. i think i might.
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next on the list:
http://www.rightmove.co.uk/overseas-property/property-13628151.html?locationIdentifier=WORLD_REGION%5E221330&sortByPriceDescending=false&pageNumber=1&fromSummary=true&backToListURL=%2Foverseas-property%2Ffind%2FPortugal%2FWestern-Algarve.html%3FlocationIdentifier%3DWORLD_REGION%255E221330%26sortByPriceDescending%3Dfalse madeleine mccann aside, this is one of my favourite areas i've been to. 52.5k euros is about 45k quid. shame the pound is so weak, might've only been 35k at the exchange rate of a few years ago. looks like a tidyish little place in a nice area. surely could rent it out for some of the year. would be a nice cheap place for a couple to stay at imo |
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Luton makes Beirut look pleasent
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Is good for the airport. could leave work at 4pm on a friday evening and be eating octopus on the mediterranean by 8pm.
fkin bonza. |
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3 quid would be too expensive for Luton
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The guy taking the photos needs to clean his lens!
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post gone missing!
Photos are a bit odd - is there any natural light other than through the door? |
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Subsidence would be my worry.
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idk sparky. that door makes it look like a gf flat, but the sloping ceilings make it look like it is top floor.
don't know about light. will find out tomorrow. |
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It says the door leads to a balcony? Intriguing!
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yep that door witht the light coming through must be to the "balcony".
the entrance door must be somewhere else. |
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hopefully not the one next to it!
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thanks for your advice sparky.
have a good day at sunny barlaston |
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The price sounds great RD, and i know i probably expect too much but maybe its just abit small even for one person?
I think going for the viewing wont hurt and obviously thats gopnna give you the biggest insight, but be critical of the place and if you can see through the faults and the downsides and you still think its a bargain and the place for you then go for it Good way onto the property ladder |
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Where abouts is it? I just paid £30k for a flat in Luton. Are you sure it's still there?
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Remaining legth of lease (assuming leasehold) and ease of renewal MUST be checked out...
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cheers bjk.
good point the knight. |
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My audiology consultant lives in Luton.
She says it's a lot better than her previous location, which was Catford, in south east London. |
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Would have to pay me a lot more then that to live there.
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I`d rather live in the slums of nigeria thx
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I used to live in Downs Road, Luton.
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how long ago study? how did u find it?
wasn't too bad when i was there. |