March 17, 2008

Cheapest property in London

It may seem to be a bit of funny thing to find but there are in fact some parts of London where a house can be bought for less than £100,000! But London being a huge place there is bound to places around the fringes where prices are really reasonable and will probably surprise many people how low these prices can actually go.

It turns out that Bromley has the cheapest homes in the country’s capital and the prices do fall well below the £100,000 price tag, unfortunately there are no details on the type or style of property available at these prices, but at that price does it really matter where it is or what style it is?

Bromley and Bexley between them have five streets out of the top ten cheapest streets in London, which is not a bad thing, as commuting time to the city and other districts within London where there are many opportunities to earn high London style wages, but live in an area where property prices are low.

Source [News Shopper]