Reply to: Houses in Kent

[oraclesmith]

In twenty years it'll look like Hull.

PS. Did you know that Prescott is actually Welsh and went to Oxford ?

[GreenerGrass]

"She came from Ebbfleet, she had some webbed feet"

20 mins is fast but I'm dubious about this reclaimed land at the arse end of the Thames.
Brochures provide the illusion of a yuppy couple drinking a bottle of wine in their "luxury" loft-style flat, however the reality of "waterside living" is at best a balcony overlooking miles of stinking mudflats.
In 50 years time it will mostly be flooded so your 99 year lease isn't worth the paper its written on. (Make sure you pick a high floor).
For family living these new developments are probably even worse. Maybe we should be applauding the developers for regenerating these terrible areas, but with Prescott in charge the whole thing is likely to end up as a complete nightmare, somewhere like Chafford Hundred. The whole Thames Gateway project has been a clusterf*ck so far.

[ChimpMaster]

Have heard that. What's it like over there?

It's the massive new international train station out there. Trains direct to London in 20 minutes and also the Eurostar to Paris.

Yes it's a tulipe area but this will help to regenerate it over the forthcoming years.

Also I agree with the view that BTL is NOT a good investment now. I can't believe people are still considering it at this stage in the economic cycle. The only way to make money in property is to buy a plot or run-down house, do it up and sell on. Or take a gamble on a place like Ebbsfleet which you believe will benefit from extra-ordinary circumstances.

A gamble it is though.

[Francko]

Note the past tense there Francko.

Have you just woken up to BTL after everyone else have been doing it for about 5 - 10 yrs?

Milan and his idiotic style is quite contagious, I see....

[DimPrawn]

Yes, they still are. But the house prices trebled over a few years over there. Anyway, yes, you are right, we are doomed.

Note the past tense there Francko.

Have you just woken up to BTL after everyone else have been doing it for about 5 - 10 yrs?

[Francko]

Brixton and Stratford are tulipholes. What are you talking about? Investment areas? Forget it - inflation is rising, rates are going up, US economy is about to have a slow down. A long overdue recession is on its way.

Yes, they still are. But the house prices trebled over a few years over there. Anyway, yes, you are right, we are doomed.

[sasguru]

So they said about Brixton, so they said about Stratford....

besides, who cares if you are not living there?

Brixton and Stratford are tulipholes. What are you talking about? Investment areas? Forget it - inflation is rising, rates are going up, US economy is about to have a slow down. A long overdue recession is on its way.

[Francko]

Ebbsfleet isn't that a sort of mini Swindon near Gravesend?

Lookup the ACORN profile of Gravesend.

Feck me you must be desperate to buy to consider these sort of places.

So they said about Brixton, so they said about Stratford....

besides, who cares if you are not living there?

[DimPrawn]

Ebbsfleet isn't that a sort of mini Swindon near Gravesend?

Lookup the ACORN profile of Gravesend.

Feck me you must be desperate to buy to consider these sort of places.

[Troll]

Have heard that. What's it like over there?

It makes Chatham look good

[sasguru]

Have heard that. What's it like over there?

It's a place where the definition of a virgin is someone who can run faster than her brother.

[Francko]

Ebbsfleet, check it out.

Have heard that. What's it like over there?

[ChimpMaster]

Ebbsfleet, check it out.

[Mordac]

tescos have started selling ramadan countdown calendars and other tat, bit that made me laugh was the sign saying it couldnt be sold until they had the go ahead from the top mullah at tescos

Wasn't Tescos originally a Jewish company? Three Cohen brothers or something?

[Mordac]

But thinking of all the trains that they are trying to build for the olympics 2012 in Kent going to Stratford or Central London, wouldn't Kent be a good area to invest now?

If you think those rail-links will be finished on time, then possibly. I wouldn't be my house on it. Your bambino will be half-way through its mid-life crisis if past rail investment schemes are anything to go by.