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BTL - You can't go wrong!

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    #31
    Originally posted by Bagpuss View Post
    I thought that area close to the station is not so nice, the queen caroline estate is near there, a bit of a crime hotspot. 400k for a 1 bed is far too much, especially when a 2 bed house in fulham went for 500k last month at auction
    Yeah I see what you're saying. That said there has been massive change in that area over the years and if you can find a property you can add value to, e.g. build another bedroom or extend the kitchen, you're in for a good med - long term ride especially in the lettings dept.

    The flats and houses opposite the football ground (south side of Fulham Road) are gorgeous and make up the upper class of the area. It's these kinds of places plus any potential to add value, that I would look for if I was to buy now. Fulham Broadway is an interesting area because it's changed so much and Broadway is next door to chelsea, can't really go wrong there!

    P

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      #32
      Originally posted by Peter Loew View Post
      I agree, but decide fast because lenders are pulling deals big time. I have broker friends who have been busy chasing red herrings when it comes to lenders. Gone are the days of 95% LTVs, and whatever happens you need that initial bulk of capital in securing any kind of mortgage, but prob less so with BTL; securing mortgages will only get harder for the next year or two.

      So long as you can ride the waves you will win.
      I wouldn't take out a large mortgage for BTL anyway.
      Hard Brexit now!
      #prayfornodeal

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        #33
        It's just the area from riverside studios into Hammersmith, dodgy as hell after dark, not safe for women to walk alone. I hear it's being regenerated though, hammersmith that is
        The court heard Darren Upton had written a letter to Judge Sally Cahill QC saying he wasn’t “a typical inmate of prison”.

        But the judge said: “That simply demonstrates your arrogance continues. You are typical. Inmates of prison are people who are dishonest. You are a thoroughly dishonestly man motivated by your own selfish greed.”

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          #34
          Originally posted by Bagpuss View Post
          It's just the area from riverside studios into Hammersmith, dodgy as hell after dark, not safe for women to walk alone. I hear it's being regenerated though, hammersmith that is
          Defo, Hammersmith is dodgy as hell.

          Only place I got mugged at knife-point was in Latimer Road once, near Shep. Bush. Coming out of the station and got stopped by two lovely muggers. Never had any probs in Fulham Broadway - love the cinema there but as I say it's changed so much over time and was dodgy as hell years ago.

          Council houses are everywhere, and I do mean everywhere. The only London area I know of where there are hardly any is Gloucester Road area.

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            #35
            Originally posted by Peter Loew View Post
            Defo, Hammersmith is dodgy as hell.

            Only place I got mugged at knife-point was in Latimer Road once, near Shep. Bush. Coming out of the station and got stopped by two lovely muggers. Never had any probs in Fulham Broadway - love the cinema there but as I say it's changed so much over time and was dodgy as hell years ago.

            Council houses are everywhere, and I do mean everywhere. The only London area I know of where there are hardly any is Gloucester Road area.
            Few council houses in Sheen, Barnes, most parts of Ealing, Crouch End, Richmond. These are the some of the little "village" areas of London worth living in. Interestingly most are south of the river
            Hard Brexit now!
            #prayfornodeal

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