St Leonards, East Sussex
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I'm not looking to move there!!
Looking at some auction properties to do up and sell on for a quick buck - dont want to buy one in a road that has a bad reputation within Hastings / St Leonards etc as I'll never shift it once its done up!
[Edited by Scooby96 - 9/15/2003 2:09:49 PM]
Looking at some auction properties to do up and sell on for a quick buck - dont want to buy one in a road that has a bad reputation within Hastings / St Leonards etc as I'll never shift it once its done up!
[Edited by Scooby96 - 9/15/2003 2:09:49 PM]
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Hello
Mmmm... a friend of mine has some property in Hastings (proper) and it has gone up in value but not by much.
Edenbridge is interesting. I always thought it was fine, until my little girl needed to go to school. Then I realised it wasn't that nice after all!
Hence my moving back to Crowborough...
Steve.
Mmmm... a friend of mine has some property in Hastings (proper) and it has gone up in value but not by much.
Edenbridge is interesting. I always thought it was fine, until my little girl needed to go to school. Then I realised it wasn't that nice after all!
Hence my moving back to Crowborough...
Steve.
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96 I would say that St Leonards is one of the cheapest areas of Hastings and that in itself speaks volumes as to what the area is like. If you really want to know 1st hand then I suggest you take a drive there and have a look round. Prices are cheap for a reason. I have thought about moving to that area myself due to the size of the houses you can buy compared to where I am now, but every time I look I remember why a four bedroom detached house with garage and garden is so cheap!
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Property prices look tempting in Edenbridge but like you say the schools show the areas true colours - league tables show it very very low down!
But then I also think the local comp in Crowborough is a let down - I wont be sending my kids there. Luckily my gf lives in Speldhurst which falls into the Langton school catchment area.
Anyway back on subject - I just want to buy somewhere cheap (upto £20k) then spend £5k max and sell on at £40-50k within 1-2 months but no nothing of Hastings (which really is the nearest area I can afford given my limited budget).
But then I also think the local comp in Crowborough is a let down - I wont be sending my kids there. Luckily my gf lives in Speldhurst which falls into the Langton school catchment area.
Anyway back on subject - I just want to buy somewhere cheap (upto £20k) then spend £5k max and sell on at £40-50k within 1-2 months but no nothing of Hastings (which really is the nearest area I can afford given my limited budget).
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It has the highest crime rate, unemployment figure and drugs problem in the South East and is on par with the worst areas of the rest of the country including the big cities. Its very tempting to buy there based purely on the fact of the house prices and the rail link to London. However it comes at a cost. Schooling for children is one of the worst, I wouldn't send my son to school there. The drug problem leads to massive burglary and street crime rates. Employment if you can get it is very low paid, you need to travel to London to get any sort of reasonable salary. For example IT jobs in Hastings are 50% of what they are in London yet its only 90 mins on the train.
Then don't even start me on the illegal immigrants placed there and the trouble caused by foreign student trips there. Go out for a Friday night in Hastings and you will have a very 'interesting' and eye opening time, unfortunately of the bad variety.
Then don't even start me on the illegal immigrants placed there and the trouble caused by foreign student trips there. Go out for a Friday night in Hastings and you will have a very 'interesting' and eye opening time, unfortunately of the bad variety.
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If you got £20k to invest with a further £5k for improvements, you would be better to use the £20k as a deposit, get a larger property the rest on mortgage. look into all cost associated with mortgages and house purchase in general. Get a Buy to Let then flog it when the times right. Eg 10% on larger sum means larger profit.
Hastings, well it may not be the best place in the UK, why everyone slags it off I do not know, interestingly it is usually those that have never ventured there, but as for going out in the Evening as long as you know where to go it's fairly safe. I do it but go home to Battle.
There are bad parts to lots of places, lived in Dorking and Tunbridge Wells, have to say they also have ****e areas.
Hastings, well it may not be the best place in the UK, why everyone slags it off I do not know, interestingly it is usually those that have never ventured there, but as for going out in the Evening as long as you know where to go it's fairly safe. I do it but go home to Battle.
There are bad parts to lots of places, lived in Dorking and Tunbridge Wells, have to say they also have ****e areas.
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I dont want to risk more than I can afford. The last thing I want is to have my investment property repossessed!!
However I may purchase something that already has an installed tenant on an AST basis. However I dont really want a property portfolio (too much risk). I want to get in and out quick and make the max profit in the min of time and move onwards and upwards so I can start affording property in the £100k bracket in 'better' areas.
However I may purchase something that already has an installed tenant on an AST basis. However I dont really want a property portfolio (too much risk). I want to get in and out quick and make the max profit in the min of time and move onwards and upwards so I can start affording property in the £100k bracket in 'better' areas.
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You were suprised Edenbridge schools were poor? Only needed to travel on the train regularly to discover that one! Mind you on that basis I dread to think what Hurst Green is like! The secondary school in Edenbridge has recently closed hasn't it?
Scooby96 may I suggest a day trip to Hastings / St Leonards to have a look for yourself? In order to buy property you need to get a feel for the market, and thers nothing better than having a look.
Probably be wise to speak to the local council to find out if there is a shortage of rented accomodation down that way. That way at least you'll know if you will be able to let out the property after you have done it up. Mind you if you can buy a property for £20,000 perhaps I'll move there!
Scooby96 may I suggest a day trip to Hastings / St Leonards to have a look for yourself? In order to buy property you need to get a feel for the market, and thers nothing better than having a look.
Probably be wise to speak to the local council to find out if there is a shortage of rented accomodation down that way. That way at least you'll know if you will be able to let out the property after you have done it up. Mind you if you can buy a property for £20,000 perhaps I'll move there!
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Jeesoos - looks like quite a nice house as well. Lets face it - if you can buy a house like that for small change, the place must be an absolute disaster area. You could but that house in a *bad* area of london (like where I live!) and it would be worth 175k no bother, even in bad condition
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Hastings, well it may not be the best place in the UK, why everyone slags it off I do not know, interestingly it is usually those that have never ventured there
You don't know why people slag it off? Perhaps you need to look at the crime figures etc, and if you don't believe in paper facts then talk to people who live there and try spending some time there. I am looking at moving possibly to Battle, its a million miles apart from Hastings in terms of living, yet only a few miles up the road. Battle is a close as I am prepared to get to Hastings after doing my homework on purchasing property over the last 6 years.
And to add, yes I agree with you Tunbridge Wells has bad areas, I used to live on the edge of the worst one and it was a sh!te hole. It still doesn't compare to the worst parts of Hastings though. I also lived in South London and I would easily compare visiting parts of Hastings as to being as bad if not worse as visiting Thames Mead.
[Edited by ************** - 9/15/2003 3:10:16 PM]
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**************
It wasn't a dig out you, but many people are happy to sit in their Ivory Towers and slag places off without even going near them. I'd agree the stats for crime etc are very poor, however there has been a hugh money injection which has smartened the place up. From an investment the house prices have risen very fast.
Would strongly recommend Battle, excellent primary/secondary school, however there is still trouble from people travelling from Hastings/Robertsbridge and indeed London. We were in the new house no more than 3 months when we we robbed.
All I'm saying is that Hastings is like a lot of other places, there are plarts to avoid at night and there are plarts to avoid fullstop.
It wasn't a dig out you, but many people are happy to sit in their Ivory Towers and slag places off without even going near them. I'd agree the stats for crime etc are very poor, however there has been a hugh money injection which has smartened the place up. From an investment the house prices have risen very fast.
Would strongly recommend Battle, excellent primary/secondary school, however there is still trouble from people travelling from Hastings/Robertsbridge and indeed London. We were in the new house no more than 3 months when we we robbed.
All I'm saying is that Hastings is like a lot of other places, there are plarts to avoid at night and there are plarts to avoid fullstop.
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Bluie
sorry yeah wasn't having a dig, just Hastings could actually be a really nice place if they removed the huge amount of criminal scum that lives there and made it a safer place to live. Drug dealers and takers being the worst [img]images/smilies/mad.gif[/img]
sorry yeah wasn't having a dig, just Hastings could actually be a really nice place if they removed the huge amount of criminal scum that lives there and made it a safer place to live. Drug dealers and takers being the worst [img]images/smilies/mad.gif[/img]
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Agree about the scum, however this stems from years ago when the Council accepted money to re-house them from London. Unfortunately it's self-perpetuating, some say they should not be allowed to breed, but that's another can of worms.
What sort of place are you looking for in Battle?
Nick
What sort of place are you looking for in Battle?
Nick
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From: Your home is worthless.You can't afford to run your car.Your job is on the line.Schadenfreude rules.
Hastings could be a really nice town- I love the many buildings left from the glory days and the art deco feel a lot of them have.
What really lets it down is the lack of decent infrastructure for commuters. It's not really possible to commute to London without a lot of hassle and anyone who's used the A27 will know that isn't an option either as most of it is single carriageway and heavily congested. The Govt cancelling the "superhighway" really killed of any chance of regeneration in the short term.
That said we bought a couple of properties to rent out there and they give a decent return as the initial purchase price was so cheap. We bought around the Police Headquarters, so a fairly central location and one of the lower crime rates in the area so we are told.
What really lets it down is the lack of decent infrastructure for commuters. It's not really possible to commute to London without a lot of hassle and anyone who's used the A27 will know that isn't an option either as most of it is single carriageway and heavily congested. The Govt cancelling the "superhighway" really killed of any chance of regeneration in the short term.
That said we bought a couple of properties to rent out there and they give a decent return as the initial purchase price was so cheap. We bought around the Police Headquarters, so a fairly central location and one of the lower crime rates in the area so we are told.
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