Jump to content
House Price Crash Forum
Sign in to follow this  
Adam

Expert Advice

Recommended Posts

Stoke-on-Trent is our pick for bottom-fishing property investors. This has been a run-down location for many years but is showing signs of a turnaround along the canalside. The first apartments and offices to be built as part of the canalside development in Stoke-on-Trent are to go on sale from summer 2006. City Waterside is the latest project by Renew North Staffordshire, the Quango responsible for overseeing the area's £2.3bn housing-market renewal programme. The development will see the creation of 1,500 homes on a 123-acre site to the south of Hanley city centre. This is a 10-year project which will see the Caldon Canal transform into an in-demand area. The land is half a mile from the city centre and is tipped to match the growth of any waterside developments in the country. Now is the time to visit. Invest in off-plan at an early stage.

---------------------------------------------------

I used to live in Stoke on Trent. Trust me, it is NEVER a good time to buy there.

All the locals have seen what remained of the manufacturing industry exported overseas in the last 2 years. Local wages average 10-12k p.a. Massive unemployment.

Houses used to change hands for 5k or less.

Prices ramped by rampant BTL. BTLers discovered the only people looking to rent are Asylum seekers resettled by government (and there's only about 1,000 of them). Students all catered for by University accomodation. Locals thoroughly p*ssed off. Hundreds of empty properties. Government decides to demolish them (aaah...Pathfinder) and replace them with new builds no-one will be able to afford.

Yes, roll up, its a GREAT time to invest in Stoke on Trent. :rolleyes:

Edited by Mancghirl

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.