Yes, you did read that correctly! There are currently houses for sale in Stoke-on-Trent for just £1. The city council is selling 35 derelict homes in the North West city, famous for its pottery industry. There has reportedly been a huge rush to buy already, which proves that we Brits can’t resist what we perceive to be a property bargain.
The 35 run-down houses for sale in Stoke-on-Trent are situated in the area of Cobridge, on Portland Street. This initial sale is just the beginning of a huge project of regeneration which will see derelict houses sold off for peanuts in the hope of smartening up the city and bringing disused homes back into use.
Of all the homes for sale in London, One Hyde Park will be the most expensive if developer Christian Candy’s plans are approved. The Candy Brothers are reportedly planning to turn listed building Gordon House in Kensington into a home even more expensive than Carlton House Terrace, which currently holds the title.
According to reports on LondonlovesBusiness.com, proposals have been submitted to the council to build a home that “could fetch more than £200m.” Gordon House is a listed building that lies within a compound in the grounds of the Royal Hospital Chelsea.
According to new research published by estate agent Cluttons, homes for sale in London situated in prime north west areas experienced the highest price rises in the final quarter of 2012. The company discovered that properties in St John’s Wood, Maida Vale, Regent’s Park and Highbury and Islington recorded an area-wide increase of 4.5%. Values hit the £1.5millon mark for the first time.
Average prices for properties for sale in the UK stayed static in April according to high street lender Nationwide. The company’s latest house price index (published Weds 1st May) stated that prices fell by 0.1% last month. By Nationwide’s calculations, the average UK house price currently stands at £165, 586.
Robert Gardner, chief economist at Nationwide, said; “House prices were little changed in April after taking into account the usual seasonal effects. Nevertheless, there is some evidence that activity and prices have gained some momentum in recent months.
Fancy living in a period property with great literary heritage? Homes for sale in Salisbury don’t get much more impressive than Rudyard Kipling’s family home. The author of The Jungle Book lived at The Gables whilst writing his much-loved classic, Kim. According to reports in the Evening Standard, Kipling’s father based his illustrations for Kim on local boys’ school Tisbury.
Homes for sale in Salisbury don’t come cheap and Rudyard Kipling’s sprawling five-bedroom country house is no exception. It’s on the market with estate agent Strutt & Parker for a cool £950,000.
Whether you’re looking for new homes in Brompton or flats for sale in Birmingham, securing a decent deal on a mortgage is crucial. Those in search of security and a reasonable rate will be pleased to hear that Yorkshire Bank has just launched a 10-year mortgage at a rate of 3.99%.
In order to take advantage of the deal, you’ll need to be able to afford to put down a 25% deposit on the property you intend to buy.
According to the Office of National Statistics (ONS) home ownership has fallen for the first time in a century. Properties for sale in London are out of reach for 50% of its residents as rising house prices far outstrip incomes. The Mail Online reports that “levels of home ownership have slumped to just 64%, its lowest since the mid-1980s” and record numbers of people are reportedly being forced to rent.
Of all the locations in England London has the highest percentage of tenants. Prices for properties for sale in London vary wildly but it is estimated that most first time buyers will need at least a £60,000 deposit by 2020.
Looking for homes for sale in Buckinghamshire with celebrity cachet? Try Sherwood House for size. The mansion owned by former James Bond Roger Moore is on the market for a cool £4.5million. What’s more, the British film star owned the 11-acre property whilst shooting “The Spy Who Loved Me” and three other Bond films, making it a must-have for the diehard Bond fan with cash to splash.
Like many homes for sale in Buckinghamshire, Sherwood House is the embodiment of the typical English country house. Located in the village of Denham, it’s only 20miles from London so gives buyers the best of country living with easy access to the city.
Homes for sale in Essex don’t get any cooler than this! The home of former music producer Roger St Pierre, the man behind much-loved Motown star Marvin Gaye, has just come on the market for £495,000. Although hardly peanuts, it’s more affordable than many of the properties owned by the rich and famous.
If you’re looking for homes for sale in Essex near Braintree and can afford the price tag, The Hoods is an excellent place to start. According to the Mail Online, it’s a Grade II-listed house with parts that date back to the 16th and 17th centuries.
Homes for sale in Belgravia and Knightsbridge are continuing to attract the most interest from cash-rich foreign investors according to a new report from Beauchamp Estates.
Gary Hersham of Beauchamp Estates said: “We are continuing to see a confident market place, demonstrated by a substantial rise across our markets with Belgravia and Knightsbridge, despite heavy competition from other central London locations, remaining the hot spots.
Testament to the unashamed appeal of London, overseas purchasers continue to flock to secure a holding in one of the world’s safest investments and remain the driving force behind the market, particularly at the upper end.”