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What is a good/cheap buy to let area?

I want to buy to let as cheaply as possible, and get rent of £500 to 600 per month. What areas are good to buy in if I have up to £70,000 to spend ? Is this realistic or do I need a bigger budget?

Asked on Jan 13 2011, House Prices in Feltham | Report content

Answers (2)

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  • Do you mean areas of Feltham or areas of the country? If you are looking for buy-to-let property that has a relatively low asking price throughout the UK, then popular areas include: Nottingham, Liverpool, parts of Manchester, and the North East (including Darlington, Newcastle and Sunderland). We'd encourage you to do as much research as possible to find the right investment property that fits your investment strategy. There are many factors to consider.

    Answered on Jan 15 2011, Report content
  • Thanks for the reply, I do mean in areas other than London as I don't have much idea of the property market and this reply has given me a few areas to look at.

    Answered on Jan 16 2011, Report content

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