• You are viewing the forum as a Guest, please login (you can use your Facebook, Twitter, Google or Microsoft account to login) or register using this link: Log in or Sign Up
  • You can now follow UKAPS on Instagram.

Cheap property

Steve Smith

Member
Joined
19 Jul 2007
Messages
4,421
Location
Leamington Spa, UK.
Porperty in the smaller towns is generally dirt cheap compared to over here... My brother's house has 4 bedrooms (one downstairs), a large living room and dinning room seperated by glass doors, large kitchen, double garage, huge basement and a nice big back yard. It needed a little work, and didn't have aircon installed, but the whole lot cost him $50,000 several years ago. Wonderful period wooden floors and features. Something like this would cost you £180,000 easily...
 

a1Matt

Member
Joined
10 Mar 2008
Messages
2,497
Location
Bromley
SteveUK said:
Porperty in the smaller towns is generally dirt cheap compared to over here... My brother's house has 4 bedrooms (one downstairs), a large living room and dinning room seperated by glass doors, large kitchen, double garage, huge basement and a nice big back yard. It needed a little work, and didn't have aircon installed, but the whole lot cost him $50,000 several years ago. Wonderful period wooden floors and features. Something like this would cost you £180,000 easily...

£180,000! Double that price at least for Bromley :(
 

zig

Member
Thread starter
Joined
4 Jul 2007
Messages
686
Location
Dublin Ireland
LondonDragon said:

No it ain't spam, there's always a catch of course, these are ghetto properties, the locals describe some areas of Detroit as Lebanon, a war zone. The properties may be only a dollar but they still have to pay municipal taxes, which could run you thousands per year with no hope of attracting any rental income, that's why they are so cheap.

When I looked at this site a couple of weeks ago there were a lot more $1 properties on it , obviously sold (Or burnt down in the meantime) :lol:
 

Carphunter57

New Member
Joined
18 Sep 2008
Messages
11
Location
Hindon, Wilts & Ystrad Mynach South Wales
I've had the pleasure of working in Detroit a couple of times and you would not want to own a property in the ghetto areas no matter how cheap, very scary place :twisted: :twisted: :twisted: loads of burnt out cars, derelict buildings, looks like a war zone.

Last time I was there, there was a drive by shooting at the filling station next to the hotel where I was staying and 5 black guys were killed, which according to the receptionist was pretty much par for the course. :wideyed: :wideyed:
 
Top