buying an investment property in ED??

[charlie82]

Hi Guys,

Came across this forum on my searches of the ED area and it's great to have a community at the tip of your finger tips. I've been approaching several estate agents as I'd like to invest in a buy to let property in the area.

Although estate agents have excellent knowledge in this field I thought it better to ask the community about the areas, get a non-biased view so to speak, can anyone recommend some good areas to invest in? Basically which areas do you think is up and coming or buzzing right now?

Many Thanks

Charlie

[El Pibe]

6/10

[Earl Aelfheah]

2/10

[Jeremy]

-1/10

[Lowlander]

China. The price of rice never rises, and the property market never falls.

[Salsaboy]

I hear Penge is up and coming.

[hpsaucey]

Aha ha ha ha ha aha ha.

[Louisa]

-100/10

Come on. You've wasted a whole setting up of an account for this? I could go off on a class rant and still score better out of 10, even after all these years. Disappointed.

Louisa.

[binary_star]

-infinity/100

I'm so EDF, I can do that.

[MrBen]

2/10

[Otta]

El Pibe Wrote:

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

> 6/10

Do you kniw something we don't, like they have special needs or something?

Otherwise that is spectacularly generous.

[El Pibe]

perhaps it would have worked better in the main room rather than the cynical old leathery souls that make up the lounge.

Though an obvious choice it was done with a simple earnestness and none of the usual tells, so i thought it might stand a chance.

It was blown dead in the water in here though!!! :D

[Otta]

Thebuse of the word "buzzing" put me off.

[red devil]

I thought it read quite earnest, a distinct lack of exclamation marks too!!!

They haven't been on the forum since posting. Don't most trolls lurk to see if their bait has been taken?

Or could we be dealing with a sleeper, deliberately lying low, or has another account from which to lurk...

[Seabag]

Crystal Palace road is humming

Mainly because of the stop/start drone of motor vehicles, as they decelerate/accelerate over all 21 speed humps

My cousin lives in Upland Road, if you like VW camper vans, buy there. It's got a Riviera vibe all of its own going on

[????]

Thought this was kosher, must admit

[charlie82]

wow....just wow

thanks anyway guys

[????]

Welcome to the forum

[Otta]

There's a really friendly buzz here.

[Jeremy]

OK, serious(ish) answer... close to a station. Forest Hill and Peckham Rye are areas which are improving and probably have more scope for appreciation than ED, in which the gentrification process probably ran its course a few years ago.

[LadyDeliah]

I'd say Nunhead is another.

[MrBen]

Buying anything now for investment in east dulwich is johnnie come lately and smacks of "novice" tbh

[Earl Aelfheah]

West Norwood, nunhead, lewisham perhaps?

[Salsaboy]

Penge. Again.

[Mick Mac]

If it's an investment for capital growth it's possible you could be investing at the top of the market, but thats been the risk for some years now.

It's possible shares could be a better bet of course but if investing in property it should be ok in the long term.

In general if property falls it falls across the board as confidence falls everywhere so I'd not expect Lewisham etc to do better just because it's cheaper now.