Pound land: Derelict houses in Liverpool to be sold for just £1

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Granby Street? they are derelict because kids around there have no respect, would would u spend about £50,000 to regenerate a property in a street that no one has respect for,

Unless youre a gangster they will just wreck it again.
 

Like most places if you keep yourself to yourself you wont have a problem in them areas. I lived in Kensington for a few years about 6 years ago. Never had a problem in a street mostly full of immigrants. They keep amongst themselves and thier kids behave themselves. The only time they made any noise was on the way to church on a sunday.

No doubt these will all go to developers promising mass renovations and the like but if anybody needed a small house for themselves for a few years then it wouldn't be the worst place in the world to go.
 
Like most places if you keep yourself to yourself you wont have a problem in them areas. I lived in Kensington for a few years about 6 years ago. Never had a problem in a street mostly full of immigrants. They keep amongst themselves and thier kids behave themselves. The only time they made any noise was on the way to church on a sunday.

No doubt these will all go to developers promising mass renovations and the like but if anybody needed a small house for themselves for a few years then it wouldn't be the worst place in the world to go.

No intention of living there or anywhere else in Liverpool. I'm thinking buy-to-let. Would I be able to let properties there?
 
No intention of living there or anywhere else in Liverpool. I'm thinking buy-to-let. Would I be able to let properties there?

As you probably already know you can let anything if the price is right. You'd have no problem letting them if you weren't overly fussy with who you rent to. Kensington fields(the re-branded name for the area) is seeing an influx of students at the moment and if you set the rentals up for that market you'd clean up.

It's a shame for me that in the current situation anybody will be allowed to buy something like this purely for buy to let.
 

You'd need to hire someone local to act as landlord wouldn't you? For repairs and that.

Near enough all estate agents round here offer management too usually for round about 10%. My mates one places people from social security or whatever it's called these days. Gets the landlord top dollar for dumps TBH.
 
As you probably already know you can let anything if the price is right. You'd have no problem letting them if you weren't overly fussy with who you rent to. Kensington fields(the re-branded name for the area) is seeing an influx of students at the moment and if you set the rentals up for that market you'd clean up.

It's a shame for me that in the current situation anybody will be allowed to buy something like this purely for buy to let.

It might be the only way to get them back into usable condition. I'd happily spend £20k per property to make it liveable if I could get £500 per month especially if there was also a chance of getting some capital growth. I assume that there are plenty of unemployed & low wage households in the area so Housing Benefit would cover the rent. I could be on a winner here!
 
Near enough all estate agents round here offer management too usually for round about 10%. My mates one places people from social security or whatever it's called these days. Gets the landlord top dollar for dumps TBH.

Oh, yeah when I used to rent I dealt with estate agents mostly. Hadn't put that together somehow.
 
No intention of living there or anywhere else in Liverpool. I'm thinking buy-to-let. Would I be able to let properties there?

Like Ste said, there is a lot of students moving into Kensington and the surrounding areas due to it being extremely close to the city centre where two of the three uni's in the city are mainly based. So I reckon you would be able to let it to a couple of students no problem.
 
I know the place well. The only way you could offload those houses is in bulk to a developer. If you sell them individually, one or two may attempt to "do them up" but they'll be vandalised and/or torched to the ground within a month.

You'd have to do them all up at once and move everyone in at once as tenants to keep them up, and unfortunately that means letting to benefit claimants and/or foreign nationals as nobody other than those social groups will live there. Kensington is... err... let's be polite and call it a "melting pot". Really nice people scattered around, but you'd have to be a bit of a loon to actually opt to live there, as it's very intimidating; a throwback to years ago where nothing has been developed between the McDonalds at one end and the Royal Hospital at the other.

I get in and out of it as fast as possible whenever I have to go there.
 

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