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Unread 23 Nov 2006, 17:30   #11
Sardaukar
Shallow
 
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Join Date: Apr 2000
Location: Shallow
Posts: 175
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Re: The housing market

4 Months after finishing my degree I've got a morgage on a 2 bed flat in a shit part of Cardiff (moving down here to be with my gf was hardly a career move) but im on the ladder. Paid £72k for the place with 2k cashbask (i did say it was a shit area didnt I?) In the process of tarting it up at the moment, new kitchen and bathroom are already in and 2 rooms left to decorate, the flat upstairs has just sold for ~£90k. Cashback on the morgage gave us the money to sort it out (plus some redundancy money from work)

Not bad for living in a hole for 4 months and it will hopefully leave us with a substantial deposit for a nicer house. Developing nasty properties seems to be the way to go.
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