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Investing in Lincolnshire/Nottinghamshire

Last post 08 Jul 2009, 12:17 PM by peggyjulie. 2 replies.
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  •  30 Jun 2009, 11:08 PM 807015

    Investing in Lincolnshire/Nottinghamshire

    Hi,

    While I was looking for a second area to invest (outside the M25), I came across somebody sourcing in Gainsborough. I started investigating the area, there doesn't seem to be a strong rental market in Gainsborough. I am now having a look at Retford and Lincoln. Does anybody know the area and invest there?

    thanks

    Peggy

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  •  01 Jul 2009, 2:19 PM 807460 in reply to 807015

    Re: Investing in Lincolnshire/Nottinghamshire

    the problem with lincolnshire as a whole is the lack of any business/well paid work.

    the satellite towns (Gainsborough et al) suffer from weekenders, boaters and second homers. There is very little for the local population workwise

    Lincoln, wow where do we start, student lets have died on their *** as the uni has built really good purpose built stuff. There is loads of DSS, and loads of terraced houses within walking distance to town (Sincil bank area and beyond), prices are low and rents are equally as low BUT larger properties do get a tasty amount from the LHA

    lincoln and its surrounding just does not have the industry/research and development/well paid work that midlands towns have as such i feel that capital appreciation will be slow.... as the locals can't afford high rents or high prices now, and i would say in a decade... what will change?

    and its miles from the M25.....

    why not nlook at west suffolk/south norfolk.... brandon, thetford, mildenhall etc etc not too far to travel if outside the M25 is really what you want


    stay in the pink with ciggies and drink!
  •  08 Jul 2009, 12:17 PM 810645 in reply to 807460

    Re: Investing in Lincolnshire/Nottinghamshire

     

    This confirms the feeling i had about the region. I will definitely investigate the areas you mentioned.

    Thanks for your help

     

     

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