AK
Member
Registered: 5th Jul 00
Location: Aberdeen City
User status: Offline
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hello..
flats again..
Wanting to buy a flat to rent out. Wanting if possible to make the biggest gains possible:
So....
Where are up and coming areas?
Idealy edinburgh would be best. Close to manage, sort probs out etc. BUT edinburgh is pricey so looking at 120+ really for a 1bdrm flat, and about 500 a month rent.
So... cheap to buy, max profit in say 5 years ??!? where
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Lawrah
Premium Member
Registered: 25th Dec 04
User status: Offline
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Em if you have a look around Glasgow area you can get some good deals and rent to students or anyone really.
my friend from essex is buying property in glasgow coz of the benefits
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AK
Member
Registered: 5th Jul 00
Location: Aberdeen City
User status: Offline
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students are more likely to live in bigger 3/4bdroom flats to be honest. I cannot afford that really.
Glasgow is an option though. Are these locations in glasgow central, or a fair hike out?
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Lawrah
Premium Member
Registered: 25th Dec 04
User status: Offline
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I also know people that are picking St Andrews, but i think thats very expensive.
Glasgow central, nearer the uni's and colleges
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nik
Member
Registered: 19th Jun 00
User status: Offline
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Thought about buying to rent too, expensive here though to buy a 2nd home 
[Edited on 04-09-2006 by nik]
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stuartmitchell
Member
Registered: 24th Apr 04
Location: Kirkliston, Edinburgh
User status: Offline
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quote: Originally posted by AK
students are more likely to live in bigger 3/4bdroom flats to be honest. I cannot afford that really.
Glasgow is an option though. Are these locations in glasgow central, or a fair hike out?
Adam, look at an area called Colinton mains, it's in between colinton and an area called Oxgangs, you could get a 3 bedroom house there for 120k.
Really close to a tesco, bus routes and napier university
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